Somewhat Favorable Media Coverage Somewhat Unlikely to Impact FTI Consulting (FCN) Stock Price

News stories about FTI Consulting (NYSE:FCN) have been trending somewhat positive this week, Accern Sentiment reports. Accern ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. FTI Consulting earned a coverage optimism score of 0.14 on Accern’s scale. Accern also assigned media headlines about the business services provider an impact score of 45.6966951920591 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

These are some of the news headlines that may have effected Accern Sentiment’s rankings:

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FTI Consulting stock opened at $49.29 on Monday. The stock has a market cap of $1,845.29, a price-to-earnings ratio of 21.25 and a beta of 0.20. FTI Consulting has a 52-week low of $31.65 and a 52-week high of $50.81. The company has a quick ratio of 1.94, a current ratio of 1.94 and a debt-to-equity ratio of 0.33.

FTI Consulting (NYSE:FCN) last released its quarterly earnings results on Thursday, February 22nd. The business services provider reported $0.78 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.50 by $0.28. The business had revenue of $467.71 million during the quarter, compared to the consensus estimate of $450.52 million. FTI Consulting had a return on equity of 7.80% and a net margin of 5.97%. The business’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.24 EPS. sell-side analysts expect that FTI Consulting will post 2.53 earnings per share for the current fiscal year.

A number of research firms have issued reports on FCN. ValuEngine upgraded FTI Consulting from a “hold” rating to a “buy” rating in a research note on Friday, February 23rd. Zacks Investment Research upgraded FTI Consulting from a “hold” rating to a “buy” rating and set a $53.00 price target for the company in a research note on Friday, February 23rd. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $45.50.

In related news, CAO Catherine M. Freeman sold 6,088 shares of the business’s stock in a transaction that occurred on Wednesday, February 28th. The stock was sold at an average price of $48.44, for a total transaction of $294,902.72. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.33% of the company’s stock.

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About FTI Consulting

FTI Consulting, Inc is a business advisory company. The Company operates through five segments: Corporate Finance & Restructuring, Forensic and Litigation Consulting, Economic Consulting, Technology and Strategic Communications. The Company provides advice and services, such as restructuring (including bankruptcy), capital formation and indebtedness, interim business management, performance improvements, forensic accounting and litigation matters, international arbitrations, mergers and acquisitions (M&A), antitrust and competition matters, securities litigation, electronic discovery (or e-discovery), management and retrieval of electronically stored information (ESI), reputation management and strategic communications.

Insider Buying and Selling by Quarter for FTI Consulting (NYSE:FCN)

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