FTI Consulting’s (FCN) “Outperform” Rating Reaffirmed at William Blair

William Blair reaffirmed their outperform rating on shares of FTI Consulting (NYSE:FCN) in a research report sent to investors on Friday, RTT News reports. William Blair also issued estimates for FTI Consulting’s Q3 2024 earnings at $2.13 EPS, Q2 2025 earnings at $2.26 EPS, Q4 2025 earnings at $2.33 EPS and FY2025 earnings at $9.30 EPS.

Other equities analysts have also recently issued research reports about the company. Truist Financial lifted their price target on FTI Consulting from $240.00 to $255.00 and gave the stock a buy rating in a research note on Friday, February 23rd. StockNews.com cut FTI Consulting from a buy rating to a hold rating in a research note on Friday.

FTI Consulting Price Performance

Shares of FCN opened at $211.43 on Friday. The firm has a market capitalization of $7.54 billion, a price-to-earnings ratio of 24.58 and a beta of 0.11. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.74 and a current ratio of 2.46. FTI Consulting has a one year low of $167.39 and a one year high of $232.15. The stock’s fifty day moving average is $207.58 and its 200-day moving average is $205.41.

FTI Consulting (NYSE:FCN) last announced its earnings results on Thursday, April 25th. The business services provider reported $2.23 earnings per share for the quarter, beating the consensus estimate of $1.76 by $0.47. The business had revenue of $928.60 million during the quarter, compared to analysts’ expectations of $901.77 million. FTI Consulting had a return on equity of 15.97% and a net margin of 8.51%. The company’s quarterly revenue was up 15.1% on a year-over-year basis. During the same quarter last year, the business posted $1.34 earnings per share. Equities analysts anticipate that FTI Consulting will post 8.15 EPS for the current year.

Insider Buying and Selling

In other FTI Consulting news, Director Brenda J. Bacon bought 1,120 shares of the stock in a transaction on Friday, February 23rd. The shares were bought at an average price of $222.96 per share, with a total value of $249,715.20. Following the purchase, the director now directly owns 15,292 shares in the company, valued at approximately $3,409,504.32. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other FTI Consulting news, Director Brenda J. Bacon bought 1,120 shares of the stock in a transaction on Friday, February 23rd. The shares were bought at an average price of $222.96 per share, with a total value of $249,715.20. Following the purchase, the director now directly owns 15,292 shares in the company, valued at approximately $3,409,504.32. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Paul Alderman Linton sold 27,000 shares of FTI Consulting stock in a transaction dated Thursday, March 7th. The shares were sold at an average price of $206.10, for a total value of $5,564,700.00. Following the transaction, the insider now directly owns 44,284 shares in the company, valued at approximately $9,126,932.40. The disclosure for this sale can be found here. In the last quarter, insiders have sold 36,715 shares of company stock valued at $7,617,513. 3.34% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On FTI Consulting

Several institutional investors and hedge funds have recently bought and sold shares of the business. Arlington Trust Co LLC acquired a new stake in shares of FTI Consulting during the 3rd quarter valued at about $28,000. Tompkins Financial Corp acquired a new stake in shares of FTI Consulting during the 4th quarter valued at about $40,000. Fifth Third Bancorp lifted its holdings in FTI Consulting by 37.1% in the 3rd quarter. Fifth Third Bancorp now owns 218 shares of the business services provider’s stock worth $39,000 after purchasing an additional 59 shares during the last quarter. Blue Trust Inc. lifted its holdings in FTI Consulting by 30.1% in the 4th quarter. Blue Trust Inc. now owns 272 shares of the business services provider’s stock worth $54,000 after purchasing an additional 63 shares during the last quarter. Finally, Quarry LP acquired a new stake in FTI Consulting in the 4th quarter worth approximately $56,000. Hedge funds and other institutional investors own 99.36% of the company’s stock.

FTI Consulting Company Profile

FTI Consulting, Inc provides business advisory services to manage change, mitigate risk, and resolve disputes worldwide. The company operates through Corporate Finance & Restructuring, Forensic and Litigation Consulting, Economic Consulting, Technology, and Strategic Communications segments. The Corporate Finance & Restructuring segment provides business transformation and strategy, transactions, and turnaround and restructuring services.