Franklin Covey: Tracking As Expected
Franklin Covey's stock continues to lag, with the market overfocused on their near-term transition and undervaluing long-term growth. By and large, demand continues to remain stable, indicating prior macro headwinds are behind them. With a clear runway for continued salesperson growth, sales and EBITDA should materially grow over the next 4 years, producing what I believe to be an attractive IRR.
Franklin Covey Co. (FC) Q1 2025 Earnings Call Transcript
Franklin Covey Co. (NYSE:FC ) Q1 2025 Earnings Conference Call January 8, 2024 5:00 PM ET Company Participants Derek Hatch - Corporate Controller Paul Walker - President, Chief Executive Officer and Director Steve Young - Chief Financial Officer Holly Procter - Chief Revenue Officer Jennifer Colosimo - President, Enterprise Division Boyd Roberts - Investor Relations Conference Call Participants Alex Paris - Barrington Research Dave Storms - Stonegate Nehal Chokshi - Northland Capital Markets Jeff Martin - ROTH Capital Markets Operator Good day, and thank you for standing by. Welcome to Q1 2025 Franklin Covey Earnings Conference Call.
Franklin Covey (FC) Q1 Earnings and Revenues Lag Estimates
Franklin Covey (FC) came out with quarterly earnings of $0.09 per share, missing the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.36 per share a year ago.
Franklin Covey Remains Attractive
Franklin Covey's stock remains in interesting territory in the mid-$30 range, giving investors more time to enter at what, I believe, is an attractive price. Management's decision to accelerate growth, ramping client partner growth, which will ultimately cause temporary margin headwinds, but superior long-term economics. Execution risks exist, but at ~$36/share, today's price offers a low-double-digit FCF IRR should the team execute the initiatives.
Franklin Covey Co. (FC) Q4 2024 Earnings Call Transcript
Franklin Covey Co. (NYSE:FC ) Q4 2024 Results Conference Call November 6, 2024 5:00 PM ET Company Participants Derek Hatch - Corporate Controller Paul Walker - Chief Executive Officer Steve Young - Chief Financial Officer Jennifer Colosimo - President, Enterprise Division Sean Covey - President, Education Division Conference Call Participants Jeff Martin - ROTH Capital Partners Samir Patel - Askeladden Capital Dave Storms - Stonegate Alex Paris - Barrington Research Operator Good day, and thank you for standing by. Welcome to the Q4 Franklin Covey Earnings Conference Call.
Franklin Covey (FC) Q4 Earnings and Revenues Beat Estimates
Franklin Covey (FC) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.82 per share. This compares to earnings of $0.49 per share a year ago.
Franklin Covey: Remains Attractively Priced After Q3
Franklin Covey posted another strong quarter in Q3. With their share price largely unchanged post-earnings, investors can still acquire shares at an attractive price. There are some modest macro-driven pressures effecting demand today, but this is being outweighed by the positive momentum of winning new clients for both Enterprise and Education. The above should continue, and coupled with operating leverage and what'll likely be accretive capital allocation, today's price reflects an attractive risk/reward.
Franklin Covey Co. (FC) Q3 2024 Earnings Call Transcript
Franklin Covey Co. (NYSE:FC ) Q3 2024 Earnings Conference Call June 26, 2024 5:00 PM ET Company Participants Derek Hatch - Corporate Controller Paul Walker - President and Chief Executive Officer Steve Young - Chief Financial Officer Sean Covey - President, Education Division Jennifer Colosimo - President, Enterprise Division Conference Call Participants Alex Paris - Barrington Research Nehal Chokshi - Northland Capital Dave Storms - Stonegate Jeff Martin - ROTH Capital Partners Operator Good day and thank you for standing by. Welcome to the Q3 2024 Franklin Covey Earnings Conference Call.
Franklin Covey (FC) Tops Q3 Earnings and Revenue Estimates
Franklin Covey (FC) came out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.32 per share a year ago.
Panagora Asset Management Inc. Decreases Position in Franklin Covey Co. (NYSE:FC)
Panagora Asset Management Inc. reduced its stake in Franklin Covey Co. (NYSE:FC – Free Report) by 0.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 72,378 shares of the business services provider’s stock after selling 628 shares during the period. Panagora Asset Management Inc. owned 0.54% of Franklin Covey worth $3,151,000 as of its most recent SEC filing. Other hedge funds also recently added to or reduced their stakes in the company. Hsbc Holdings PLC boosted its position in shares of Franklin Covey by 120.4% in the 3rd quarter. Hsbc Holdings PLC now owns 14,224 shares of the business services provider’s stock valued at $609,000 after purchasing an additional 7,770 shares during the period. Worth Venture Partners LLC boosted its holdings in shares of Franklin Covey by 8.7% in the third quarter. Worth Venture Partners LLC now owns 48,178 shares of the business services provider’s stock valued at $2,068,000 after acquiring an additional 3,855 shares during the period. Legato Capital Management LLC grew its position in shares of Franklin Covey by 8.8% during the fourth quarter. Legato Capital Management LLC now owns 6,047 shares of the business services provider’s stock worth $263,000 after acquiring an additional 489 shares during the last quarter. Quadrature Capital Ltd increased its holdings in shares of Franklin Covey by 54.7% in the 3rd quarter. Quadrature Capital Ltd now owns 9,021 shares of the business services provider’s stock valued at $387,000 after acquiring an additional 3,189 shares during the period. Finally, Trexquant Investment LP boosted its stake in shares of Franklin Covey by 81.1% during the third quarter. Trexquant Investment LP now owns 18,964 shares of the business services provider’s stock worth $814,000 after buying an additional 8,490 shares during the period. 69.88% of the stock is currently owned by hedge funds and other institutional investors. Wall Street Analyst Weigh In FC has been the subject of a number of analyst reports. StockNews.com downgraded shares of Franklin Covey from a “strong-buy” rating to a “buy” rating in a research report on Friday, April 5th. Barrington Research restated an “outperform” rating and issued a $45.00 price objective on shares of Franklin Covey in a research report on Monday, April 8th. Finally, Northland Securities lowered their price objective on Franklin Covey from $100.00 to $95.00 and set an “outperform” rating on the stock in a report on Thursday, March 28th. Four equities research analysts have rated the stock with a buy rating, According to MarketBeat, the company has an average rating of “Buy” and an average target price of $66.33. Read Our Latest Research Report on FC Franklin Covey Stock Down 1.9 % Shares of NYSE FC opened at $38.19 on Monday. Franklin Covey Co. has a 52 week low of $32.19 and a 52 week high of $48.76. The company has a quick ratio of 0.85, a current ratio of 0.88 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $506.78 million, a price-to-earnings ratio of 31.05, a price-to-earnings-growth ratio of 1.11 and a beta of 1.19. The firm has a 50-day moving average price of $39.03 and a 200 day moving average price of $39.54. Franklin Covey (NYSE:FC – Get Free Report) last released its quarterly earnings results on Wednesday, March 27th. The business services provider reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.01. The business had revenue of $61.34 million during the quarter, compared to the consensus estimate of $62.03 million. Franklin Covey had a return on equity of 23.23% and a net margin of 6.13%. Equities research analysts anticipate that Franklin Covey Co. will post 1.72 EPS for the current fiscal year. Franklin Covey Company Profile (Free Report) Franklin Covey Co provides training and consulting services in the areas of execution, sales performance, productivity, customer loyalty, and educational improvement for organizations and individuals worldwide. The company operates through Direct Offices, International Licensees, and Education Practice segments.
