Franklin Covey Co. (FC) Stock Is An 52-Week High Flier

January 14, 2018 - By Peter Erickson

Investors sentiment decreased to 1.04 in Q3 2017. Its down 0.28, from 1.32 in 2017Q2. It dived, as 3 investors sold Franklin Covey Co. shares while 20 reduced holdings. 6 funds opened positions while 18 raised stakes. 6.76 million shares or 5.00% less from 7.12 million shares in 2017Q2 were reported.
Nationwide Fund Advisors invested in 0% or 9,767 shares. State Board Of Administration Of Florida Retirement Systems holds 10,374 shares. Royal State Bank Of Canada reported 0% of its portfolio in Franklin Covey Co. (NYSE:FC). Geode Cap Mngmt invested in 0% or 91,224 shares. Blackrock invested in 0% or 782,005 shares. Schwab Charles Inv Mgmt has invested 0% in Franklin Covey Co. (NYSE:FC). Peak6 Invs L P has 249,447 shares for 0.03% of their portfolio. Tiaa Cref Investment Ltd has invested 0% of its portfolio in Franklin Covey Co. (NYSE:FC). Wells Fargo & Co Mn reported 11,011 shares stake. The Pennsylvania-based Vanguard Grp has invested 0% in Franklin Covey Co. (NYSE:FC). The New York-based Integral Derivatives Limited has invested 0.01% in Franklin Covey Co. (NYSE:FC). Price T Rowe Associate Inc Md reported 0% stake. Morgan Stanley stated it has 0% in Franklin Covey Co. (NYSE:FC). Moreover, Bankshares Of America Corporation De has 0% invested in Franklin Covey Co. (NYSE:FC). 6,509 are held by Intll Group Incorporated.

Since August 1, 2017, it had 0 insider purchases, and 3 sales for $102,907 activity.

The stock of Franklin Covey Co. (NYSE:FC) hit a new 52-week high and has $33.19 target or 9.00 % above today’s $30.45 share price. The 9 months bullish chart indicates low risk for the $421.50M company. The 1-year high was reported on Jan, 14 by Barchart.com. If the $33.19 price target is reached, the company will be worth $37.94 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

It closed at $30.45 lastly. It is up 33.77% since January 14, 2017 and is uptrending. It has outperformed by 17.07% the S&P500.

Franklin Covey Co. (NYSE:FC) Ratings Coverage

Among 7 analysts covering Franklin Covey Company (NYSE:FC), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Franklin Covey Company had 8 analyst reports since November 5, 2015 according to SRatingsIntel. The rating was upgraded by Barrington on Tuesday, January 9 to “Buy”. The firm earned “Buy” rating on Tuesday, November 7 by FBR Capital. The firm earned “Market Perform” rating on Thursday, November 5 by William Blair. The company was maintained on Thursday, November 5 by Roth Capital. The firm has “Buy” rating given on Friday, November 10 by B. Riley & Co. Roth Capital maintained it with “Buy” rating and $26.0 target in Sunday, November 12 report. Barrington Research downgraded the shares of FC in report on Wednesday, December 28 to “Mkt Perform” rating. The firm has “Buy” rating given on Thursday, November 5 by TH Capital.

More important recent Franklin Covey Co. (NYSE:FC) news were published by: Businesswire.com which released: “Franklin Covey to Report First-Quarter Fiscal 2018 Results” on December 21, 2017, also Businesswire.com published article titled: “Franklin Covey Co. Acquires Robert Gregory Partners”, Fool.com published: “Why Nektar Therapeutics, Franklin Covey, and BP Prudhoe Bay Royalty Trust …” on January 09, 2018. More interesting news about Franklin Covey Co. (NYSE:FC) was released by: Seekingalpha.com and their article: “Franklin Covey acquires Jhana” with publication date: July 12, 2017.

Franklin Covey Co. provides training and consulting services in the areas of leadership, productivity, strategic execution, trust, sales force performance, customer loyalty, and communication effectiveness skills worldwide. The company has market cap of $421.50 million. The firm operates through four divisions: Direct Offices, Strategic Markets, Education Practice, and International Licensees. It currently has negative earnings. It also offers clients with training in management skills, relationship skills, and individual effectiveness, as well as personal-effectiveness literature and electronic educational solutions.

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