Franklin Covey Company, the Consumer Defensive sector company, was revisited by a Wall Street analyst today. Analyst Alexander Paris from Barrington maintained a Buy rating on the stock and has a $22.00 price target.
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Alexander Paris has given his Buy rating due to a combination of factors including Franklin Covey Company’s current valuation and future growth potential. Despite a challenging macroeconomic environment and a decrease in revenue and adjusted EBITDA in the fourth quarter, the company has shown resilience by meeting expectations and demonstrating positive momentum in early FY/26.
Paris acknowledges the company’s strategic efforts in cost reduction and restructuring, which are expected to enhance profitability in the upcoming fiscal year. Additionally, the company’s shares are trading below their historical average, presenting a potential upside. The recently announced $50 million share repurchase plan further supports the positive outlook, leading Paris to maintain an OUTPERFORM rating with a slightly reduced price target of $22, reflecting a conservative approach to near-term earnings assumptions.
Paris covers the Consumer Defensive sector, focusing on stocks such as Adtalem Global Education, Grand Canyon Education, and Stride. According to TipRanks, Paris has an average return of 15.8% and a 64.88% success rate on recommended stocks.