For its first fiscal quarter (ending November 30), Franklin Covey Co. (NYSE: FC) has reported a 9% increase in E.P.S. from $0.34 a year ago to $0.37 in the current quarter. This result exceeded the consensus estimate of $0.31 by $0.05. For the latest four quarters through November 30, E.P.S. were $1.35 versus $1.38 for the same period a year ago — a decline of -2%.
Recent Price Action
On 1/4/24, Franklin Covey Co. (NYSE: FC) stock declined modestly by -1.3%, closing at $39.37. Moreover, trading volume in this decline was exceptionally high at 350% of normal. Relative to the market the stock has been strong over the last nine months but has declined -7.4% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, FC is expected to continue to be a major Value Builder.
Franklin Covey Co has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Franklin Covey Co has a very low Appreciation Score of 15 but a good Power Rating of 80, triggering the Low Neutral Value Trend Rating.
Rating Review
In light of this encouraging new earnings information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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