Dimensional Fund Advisors LP Increases Investment in Franklin Covey Co. to $23.27 Million in 2023.
March 10, 2023
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Franklin Covey ($NYSE:FC) Co. has recently seen a major investment from Dimensional Fund Advisors LP. This marks a significant increase from previous years and provides a strong foundation for the future of Franklin Covey Co. The current value of the company is indicative of its success and popularity, with many businesses and individuals relying on their products for organisation and productivity. Franklin Covey Co. focuses on providing resources that help customers Live, Lead, and Learn, with a range of services from leadership training to time management and goal setting. It also serves as a signal of the faith Dimensional Fund Advisors LP has in the company and their ability to succeed.
Price History
On Monday, FRANKLIN COVEY stock opened at $47.7 and closed at $47.3, a decrease of 0.6% from its previous closing price of 47.6. The increased investment of Dimensional Fund Advisors LP created downward pressure on Franklin Covey’s stock but the overall market sentiment and investor confidence remain positive. Despite the minor decrease on Monday, investors remain bullish towards the stock and believe that this investment in Franklin Covey will provide growth potential in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Franklin Covey. More…
| Total Revenues | Net Income | Net Margin |
| 270.95 | 19.29 | 7.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Franklin Covey. More…
| Operations | Investing | Financing |
| 52.25 | -5.33 | -32.67 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Franklin Covey. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 237.43 | 147.81 | 6.45 |
Key Ratios Snapshot
Some of the financial key ratios for Franklin Covey are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 5.6% | 98.2% | 9.1% |
| FCF Margin | ROE | ROA |
| 17.3% | 17.8% | 6.5% |
Analysis
GoodWhale recently conducted a fundamental analysis of FRANKLIN COVEY. Based on our Star Chart classification system, FRANKLIN COVEY is categorized as a ‘cheetah’, which is a company that has achieved high revenue or earnings growth and is considered to be less stable because of its lower profitability. As such, investors who focus on capital appreciation and are willing to take on higher risks may be interested in investing in such companies. Looking at the company’s fundamentals, FRANKLIN COVEY is strong in liquidity, medium in asset, growth, profitability and weak in dividend. Notably, it has a high health score of 8/10 considering its cashflows and debt, suggesting that it is capable of sustaining future operations in times of crisis. More…
Peers
Franklin Covey Co. competes with American Education Center Inc, Sportsfield Co Ltd, and PageGroup PLC in the market for educational and training services. The company offers a variety of services, including online and offline courses, as well as customized programs for businesses and organizations. Franklin Covey Co. has a strong brand and a loyal customer base, which gives it a competitive advantage in the market.
– American Education Center Inc ($OTCPK:AMCT)
American Education Center Inc is a for-profit corporation that provides educational services. It offers a variety of programs and services to students, including English language classes, academic advising, and cultural activities. The company was founded in 1992 and is headquartered in New York, NY.
– Sportsfield Co Ltd ($TSE:7080)
Field Co Ltd is a sports equipment company that manufactures and sells a variety of products, including baseballs, basketballs, footballs, and other sports equipment. The company has a market cap of 3.67B as of 2022 and a return on equity of 40.91%. Field Co Ltd is a publicly traded company listed on the New York Stock Exchange.
– PageGroup PLC ($LSE:PAGE)
PLC Group is a leading provider of integrated solutions for the design, development, manufacture, and support of high-performance products and systems. We serve a variety of industries, including aerospace and defense, medical device, semiconductor, and others. We have a long history of providing innovative solutions to our customers’ most challenging problems. Our team of highly skilled engineers, scientists, and technicians work together to provide the best possible products and services to our customers.
Summary
Franklin Covey Co. (FC) has been subject to a significant investment from Dimensional Fund Advisors LP (DFA) in recent years. In 2023, DFA increased its investment in FC to $23.27 million, demonstrating its confidence in the company’s long-term growth prospects. FC’s financials are healthy with year-on-year growth in revenue and net income, improved gross margin, and a solid balance sheet with no long-term debt. It has a broad portfolio of products and services that are well-positioned in the market, a notable presence in online sales, and a strong customer base.
The company has also been successful in research and development, which has allowed it to launch new products and services to expand its reach. Overall, the outlook for FC is positive with a robust long-term investment outlook.
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