Franklin Covey Releases Strong Earnings Results

On Wednesday, Franklin Covey (NYSE:FC - Get Free Report) announced its earnings for the recent quarter. The business services provider reported earnings per share of $0.89, which surpassed analysts' expectations of $0.82 by $0.07. The company's revenue for the quarter reached $84.12 million, exceeding the anticipated $80.38 million.

In terms of financial performance, Franklin Covey achieved a net margin of 8.15% and a return on equity of 33.12%. Additionally, the company updated its guidance for fiscal year 2025 to reflect positive outlooks.

Stock Performance

Following the earnings report, shares of Franklin Covey traded up by 3.8%, gaining $1.43 and reaching a price of $38.98 during mid-day trading on Friday. The volume of traded shares was 135,737, significantly higher than its average volume of 30,325. Currently, Franklin Covey has a market capitalization of $510.25 million, with a price-to-earnings ratio of 22.43 and a PEG ratio of 1.04. The company's stock has experienced a twelve-month low of $33.75 and a high of $44.96.

Analyst Ratings Update

Recent analysis reflects changes in ratings for Franklin Covey. StockNews.com downgraded the stock from a 'strong-buy' to a 'buy' rating, while Barrington Research reaffirmed an 'outperform' rating with a target price of $45.00.

About Franklin Covey

Franklin Covey Co specializes in providing training and consulting services focusing on areas such as execution, sales performance, productivity, customer loyalty, and educational improvement. The company operates through various segments, including Direct Offices, International Licensees, and Education Practice.

Further Information

For investors considering Franklin Covey, it’s essential to note recent market analyses. While Franklin Covey currently holds a 'Buy' rating, some analysts suggest there may be better opportunities elsewhere in the market.

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