Figma Shares Indicated To Open $105/$110
In a challenging market environment, Franklin Covey Co (NYSE:FC). shares have touched a 52-week low, dipping to $27.51. The company maintains strong fundamentals with impressive gross profit margins of 77% and a healthy balance sheet, according to InvestingPro data. This latest price level reflects a significant downturn from previous periods, as the company grapples with market dynamics that have seen its stock price contract over the past year. Investors have witnessed a -28.5% change in the value of their holdings in Franklin Covey over the last year, marking a period of bearish sentiment for the stock amidst broader economic pressures. The 52-week low serves as a critical indicator for shareholders and potential investors, who are closely monitoring the company’s performance for signs of stabilization or further volatility. InvestingPro analysis indicates the stock is currently in oversold territory, with analyst price targets suggesting significant upside potential. Discover 10+ additional exclusive insights and comprehensive analysis in the Pro Research Report.
In other recent news, Franklin Covey Co. has reported its financial results for the first quarter of fiscal year 2025, ending on November 30, 2024. The company made this announcement via an 8-K filing with the Securities and Exchange Commission, and a live discussion of these results is scheduled for later today. Additionally, Franklin Covey has scheduled its second-quarter fiscal 2025 earnings call for April 2, 2025, at 5:00 p.m. Eastern Time. This upcoming call will provide further insights into the company’s financial health and operational performance.
In corporate governance developments, Franklin Covey announced an amendment to its Omnibus Incentive Plan, increasing the number of shares available for issuance by 575,000, bringing the total to 1,575,000. This amendment was approved by shareholders during the recent Annual Meeting of Shareholders. Furthermore, Deloitte & Touche, LLP has been ratified as the company’s independent registered public accounting firm for the fiscal year ending on August 31, 2025. These developments were disclosed in recent SEC filings, ensuring transparency and compliance with regulatory practices.
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