FTI Consulting (NYSE:FCN) Shares Gap Up – What’s Next?

FTI Consulting, Inc. (NYSE:FCN)’s stock price gapped up prior to trading 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 trading hands.

Analysts Set New Price Targets

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

FTI Consulting Price Performance

The firm has a market capitalization of $4.24 billion, a PE ratio of 18.59 and a beta of -0.05. The business’s 50 day moving average is $154.62 and its two-hundred day moving average is $162.82. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.03 and a current ratio of 2.03.

FTI Consulting (NYSE:FCN) last posted its quarterly earnings results on Thursday, July 30th. The business services provider reported $2.16 EPS for the quarter, missing analysts’ consensus estimates of $2.17 by ($0.01). The company had revenue of $993.46 million during 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%.FTI Consulting’s revenue was up 5.3% on a year-over-year basis. During the same period in the previous year, the business earned $2.13 earnings per share. FTI Consulting has set its FY 2026 guidance at 8.700-9.300 EPS. Equities research analysts anticipate that FTI Consulting, Inc. will post 9.25 earnings per share for the current fiscal year.

FTI Consulting announced that its Board of Directors has initiated a share repurchase program on Friday, June 5th that authorizes the company to buyback $370.00 million in outstanding shares. This buyback authorization authorizes the business services provider to buy up to 7.9% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board believes its stock is undervalued.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in FCN. BlackRock Inc. bought a new stake in FTI Consulting during the 2nd quarter worth approximately $408,202,000. Victory Capital Management Inc. boosted its holdings in FTI Consulting by 44.6% in the 4th quarter. Victory Capital Management Inc. now owns 1,634,051 shares of the business services provider’s stock valued at $279,145,000 after purchasing an additional 503,885 shares during the period. Black Creek Investment Management Inc. boosted its holdings in FTI Consulting by 60.0% in the 4th quarter. Black Creek Investment Management Inc. now owns 1,072,250 shares of the business services provider’s stock valued at $183,172,000 after purchasing an additional 402,008 shares during the period. Norges Bank bought a new position in FTI Consulting in the 4th quarter valued at $61,137,000. Finally, M&T Bank Corp grew its position in shares of FTI Consulting by 10,081.4% during the 4th quarter. M&T Bank Corp now owns 321,731 shares of the business services provider’s stock valued at $54,961,000 after purchasing an additional 318,571 shares in the last quarter. Hedge funds and other institutional investors own 99.36% of the company’s stock.

About FTI Consulting

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.