Franklin Covey (NYSE:FC) Rating Increased to Strong-Buy at StockNews.com

StockNews.com upgraded shares of Franklin Covey (NYSE:FC) from a buy rating to a strong-buy rating in a research report report published on Saturday morning.

Franklin Covey Trading Up 0.5 %

Shares of NYSE FC opened at $40.16 on Friday. The firm’s 50 day moving average price is $40.19 and its 200-day moving average price is $39.05. The company has a market cap of $525.86 million, a PE ratio of 29.90, a P/E/G ratio of 0.95 and a beta of 1.24. Franklin Covey has a 52-week low of $32.19 and a 52-week high of $44.96. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.85 and a current ratio of 0.88.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Hancock Whitney Corp raised its holdings in shares of Franklin Covey by 6.2% during the first quarter. Hancock Whitney Corp now owns 6,670 shares of the business services provider’s stock valued at $262,000 after purchasing an additional 390 shares during the last quarter. Bailard Inc. increased its holdings in Franklin Covey by 4.4% during the second quarter. Bailard Inc. now owns 11,942 shares of the business services provider’s stock valued at $454,000 after buying an additional 500 shares during the last quarter. Allspring Global Investments Holdings LLC purchased a new stake in Franklin Covey during the first quarter valued at approximately $59,000. O Keefe Stevens Advisory Inc. increased its holdings in Franklin Covey by 30.6% during the third quarter. O Keefe Stevens Advisory Inc. now owns 6,954 shares of the business services provider’s stock valued at $286,000 after buying an additional 1,629 shares during the last quarter. Finally, American Century Companies Inc. increased its holdings in Franklin Covey by 11.5% during the second quarter. American Century Companies Inc. now owns 21,781 shares of the business services provider’s stock valued at $828,000 after buying an additional 2,253 shares during the last quarter. Institutional investors own 69.88% of the company’s stock.

About Franklin Covey

Franklin Covey Co provides training and consulting services in the areas of execution, sales performance, productivity, customer loyalty, and educational improvement for organizations and individuals worldwide. The company operates through Direct Offices, International Licensees, and Education Practice segments.