Published on 30 Sep 2024 on Insider Monkey · via Yahoo Finance
Franklin Covey Co. (FC): A Bull Case Theory
We came across a bullish thesis on Franklin Covey Co. (FC) on The Lion's Roar - Outside the Box Investments’ Substack by Dominick D'Angelo. In this article, we will summarize the bulls’ thesis on FC. FC Technologies, Inc. share was trading at $41.49 as of Sept 24th. FC’s trailing and forward P/E were 31.20 and 20.66 according to Yahoo Finance.
Franklin Covey (FC) is a global consulting and training company that helps organizations improve their performance. They offer a range of services ranging from training programs to consulting. It serves a diverse clientele, some of its clients are Proctor & Gamble, United Health, Pepsi, and Marriott. Franklin Covey’s revenue segments include the Enterprise Division, Education, and Corporate & Eliminations. FC had a decline in revenue in the second half of 2023 and the first half of 2024 due to concerns regarding a possible recession that made many companies cut back their spending. However, in Q3 of 2024, revenue grew by 2.7% as business confidence among its clients rose suggesting things might be turning around.