FTI Consulting (NYSE:FCN) Shares Gap Up – Here’s Why

FTI Consulting, Inc. (NYSE:FCN)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $149.82, but opened at $153.93. FTI Consulting shares last traded at $153.3680, with a volume of 18,699 shares.

Analyst Ratings Changes

A number of research analysts recently issued reports on FCN shares. Truist Financial boosted their price objective on shares of FTI Consulting from $165.00 to $180.00 and gave the company a “hold” rating in a report on Monday, May 4th. Wall Street Zen downgraded shares of FTI Consulting from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. The Goldman Sachs Group set a $169.00 price objective on FTI Consulting in a research report on Tuesday, May 19th. Finally, Weiss Ratings cut shares of FTI Consulting from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, July 8th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $174.50.

FTI Consulting Price Performance

The company’s 50-day moving average price is $154.93 and its two-hundred day moving average price is $163.17. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.03 and a quick ratio of 2.03. The company has a market capitalization of $4.22 billion, a P/E ratio of 18.47 and a beta of -0.05.

FTI Consulting (NYSE:FCN) last announced its earnings results on Thursday, July 30th. The business services provider reported $2.16 EPS for the quarter, missing the consensus estimate of $2.17 by ($0.01). The company had revenue of $993.46 million for the quarter, compared to the consensus estimate of $992.75 million. FTI Consulting had a return on equity of 15.91% and a net margin of 6.44%.The business’s quarterly revenue was up 5.3% on a year-over-year basis. During the same period in the previous year, the firm posted $2.13 EPS. FTI Consulting has set its FY 2026 guidance at 8.700-9.300 EPS. As a group, sell-side analysts expect that FTI Consulting, Inc. will post 9.25 EPS for the current year.

FTI Consulting declared that its board has approved a share buyback plan on Friday, June 5th that authorizes the company to repurchase $370.00 million in shares. This repurchase authorization authorizes the business services provider to buy up to 7.9% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.

Institutional Trading of FTI Consulting

Institutional investors and hedge funds have recently modified their holdings of the business. IFP Advisors Inc boosted its position in FTI Consulting by 1,666.7% in the fourth quarter. IFP Advisors Inc now owns 159 shares of the business services provider’s stock valued at $27,000 after buying an additional 150 shares in the last quarter. Torren Management LLC acquired a new position in shares of FTI Consulting in the fourth quarter worth approximately $30,000. Caitong International Asset Management Co. Ltd boosted its holdings in FTI Consulting by 1,278.6% in the third quarter. Caitong International Asset Management Co. Ltd now owns 193 shares of the business services provider’s stock valued at $31,000 after acquiring an additional 179 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in FTI Consulting during the first quarter valued at $33,000. Finally, Global Retirement Partners LLC bought a new position in shares of FTI Consulting during the 4th quarter worth approximately $41,000. 99.36% of the stock is currently owned by institutional investors.

FTI Consulting Company Profile

FTI Consulting, Inc is a global business advisory firm providing multidisciplinary solutions designed to address complex challenges and strategic opportunities. The company’s primary service offerings encompass corporate finance & restructuring, economic consulting, forensic & litigation consulting, strategic communications, and technology. These capabilities enable clients to manage financial distress, navigate regulatory environments, resolve disputes, build trust with stakeholders, and leverage data-driven insights.

In its corporate finance & restructuring practice, FTI delivers restructuring, interim management, and transaction advisory services to companies facing operational or financial pressures.