Franklin Covey Shares Take a Steep 21% Dive This Week
April 6, 2023
Trending News ☀️
This week, Franklin Covey ($NYSE:FC) saw its stock take a steep dive of 21%, sending a shockwave through investors. Franklin Covey is a leading global provider of products, services, and solutions for performance improvement. The company specializes in providing time management, business productivity, and organizational effectiveness solutions to individuals and organizations worldwide. From layoffs to reduced sales and revenue, businesses around the world have been greatly impacted by the pandemic.
Franklin Covey is no exception, with its shares dropping to record lows in recent weeks. Despite this, the company has shown resilience and remains committed to helping individuals and organizations maximize their potential.
Stock Price
On Monday, the company’s stock opened at $38.4 and closed at $38.6, representing an increase of 0.5% from the prior closing price of 38.5. Analysts have attributed the dramatic plunge to a variety of factors, including a drop in quarterly revenue and a slowdown in sales growth. It remains to be seen whether the stock will continue its downward trend or if it will recover in the days and weeks to come. 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 |
| 276.11 | 19.15 | 6.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Franklin Covey. More…
| Operations | Investing | Financing |
| 45.11 | -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 |
| 234.09 | 142.72 | 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 |
| 5.7% | 55.6% | 8.6% |
| FCF Margin | ROE | ROA |
| 13.9% | 16.5% | 6.4% |
Analysis
At GoodWhale, we recently conducted an analysis of FRANKLIN COVEY‘s fundamentals. After careful examination of the company’s financials, our Risk Rating concluded that FRANKLIN COVEY is a medium risk investment when it comes to both financial and business aspects. If you are considering investing in FRANKLIN COVEY, we strongly recommend that you become a registered user with us so that you can access our in-depth reports and insights into potential business and financial risks. Our reports will provide you with the knowledge and confidence needed to make an informed decision about your investment. 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
This fall in revenue and overall earnings was attributed to a dip in demand due to the coronavirus-induced economic slowdown. The company was also affected by an increase in operating expenses, leading to a decrease in profit margins. Despite this news of a bad quarter, analysts are optimistic about the future of the company and believe that their investments are going to pay off in the long run.
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