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

William Blair restated their outperform rating on shares of FTI Consulting (NYSE:FCN) in a research report released 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.

A number of other brokerages have also recently weighed in on FCN. Truist Financial increased their target price on shares of FTI Consulting from $240.00 to $255.00 and gave the stock a buy rating in a report on Friday, February 23rd. StockNews.com downgraded FTI Consulting from a buy rating to a hold rating in a report on Friday.

FTI Consulting Stock Up 1.0 %

Shares of FTI Consulting stock opened at $213.53 on Friday. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.46 and a quick ratio of 2.46. FTI Consulting has a 1-year low of $171.81 and a 1-year high of $232.15. The business has a 50-day moving average of $208.01 and a 200-day moving average of $205.83. The company has a market capitalization of $7.62 billion, a PE ratio of 24.83 and a beta of 0.11.

FTI Consulting (NYSE:FCN) last released its earnings results on Thursday, April 25th. The business services provider reported $2.23 EPS for the quarter, beating the consensus estimate of $1.76 by $0.47. The company 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 business’s revenue was up 15.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.34 EPS. As a group, equities analysts forecast that FTI Consulting will post 8.15 EPS for the current fiscal year.

Insider Transactions at FTI Consulting

In other news, Director Brenda J. Bacon acquired 1,120 shares of the stock in a transaction dated Friday, February 23rd. The shares were acquired at an average cost of $222.96 per share, for a total transaction of $249,715.20. Following the completion of the transaction, the director now owns 15,292 shares in the company, valued at approximately $3,409,504.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, Director Claudio Costamagna sold 7,059 shares of the firm’s stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $209.13, for a total transaction of $1,476,248.67. Following the completion of the sale, the director now owns 32,860 shares of the company’s stock, valued at $6,872,011.80. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Brenda J. Bacon purchased 1,120 shares of the company’s stock in a transaction that occurred on Friday, February 23rd. The shares were acquired at an average cost of $222.96 per share, with a total value of $249,715.20. Following the completion of the acquisition, the director now directly owns 15,292 shares in the company, valued at $3,409,504.32. The disclosure for this purchase can be found here. Over the last quarter, insiders have sold 36,715 shares of company stock worth $7,617,513. Insiders own 2.51% of the company’s stock.

Institutional Trading of FTI Consulting

Hedge funds and other institutional investors have recently modified their holdings of the stock. Arlington Trust Co LLC bought a new position in FTI Consulting in the third quarter valued at about $28,000. Tompkins Financial Corp acquired a new position in FTI Consulting during the 4th quarter valued at about $40,000. Fifth Third Bancorp boosted its stake in shares of FTI Consulting by 37.1% in the 3rd quarter. Fifth Third Bancorp now owns 218 shares of the business services provider’s stock valued at $39,000 after purchasing an additional 59 shares during the last quarter. Benjamin F. Edwards & Company Inc. grew its position in shares of FTI Consulting by 494.6% during the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 220 shares of the business services provider’s stock worth $46,000 after buying an additional 183 shares during the period. Finally, Blue Trust Inc. raised its stake in shares of FTI Consulting by 30.1% during the fourth quarter. Blue Trust Inc. now owns 272 shares of the business services provider’s stock worth $54,000 after buying an additional 63 shares during the last quarter. Institutional investors and hedge funds own 99.36% of the company’s stock.

About FTI Consulting

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.