Alert: Positive Investment/Fundamental Signals (7/16/24)-Franklin Covey Co. (NYSE: FC)

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Recent exceptional 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 benefited from slight positive changes in fundamentals: significant quarterly earnings acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of F. 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

With future capital returns 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 F (Lowest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Franklin Covey Co has a neutral Power Rating of 43 but a poor Appreciation Score of 16, producing the Lowest Value Trend Rating.

Recent Price Action

On 7/16/24, Franklin Covey Co. (NYSE: FC) stock increased 1.6%, closing at $42.20. Moreover, this advance was accompanied by above average trading volume at 136% of normal. Relative to the market the stock has been weak over the last nine months but has risen 8.5% during the last week.

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