Alert: Positive Investment/Fundamental Signals (12/4/23)-Franklin Covey Co. (NYSE: FC)

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Recent meaningful positive changes in investment behavior have benefitted Franklin Covey Co. (NYSE: FC): positive upside/downside volume developed.

Franklin Covey Co. (NYSE: FC) has recently enjoyed notable positive changes in fundamentals: the stock’s power rating rose above 70, the consensus estimate for August, 2024 increased significantly, and significant quarterly earnings acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of D. 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’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

Franklin Covey Co has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Franklin Covey Co has a very low Appreciation Score of 11 but a good Power Rating of 76, producing the Negative Value Trend Rating.

Recent Price Action

Franklin Covey Co. (NYSE: FC) stock closed at $39.54 on 12/4/23 after a modest gain of 0.6%. However, this advance was accompanied by below average trading volume at 67% of normal. The stock has declined -1.3% during the last week but has been strong relative to the market over the last nine months.

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