Alert: Positive Investment/Fundamental Signals (12/22/23)-Franklin Covey Co. (NYSE: FC)

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Recent extremely meaningful positive changes in investment behavior have benefitted Franklin Covey Co. (NYSE: FC): positive upside/downside volume developed, the stock’s recent price rise disrupted its longer term downtrend, and its shorter term price trend turned up.

Franklin Covey Co. (NYSE: FC) has recently enjoyed minimal positive changes in fundamentals: significant quarterly earnings acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

FC is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Franklin Covey Co has a current Value Trend Rating of C (Low Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Franklin Covey Co has a poor Appreciation Score of 16 but a good Power Rating of 80, producing the Low Neutral Value Trend Rating.

Recent Price Action

Franklin Covey Co. (NYSE: FC) stock rose modestly by 0.3% on 12/22/23. The stock closed at $41.61. NORMAL trading volume accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 2.2% during the last week.

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