Shares of FTI Consulting, Inc. (NYSE:FCN – Get Free Report) hit a new 52-week low on Monday . The stock traded as low as $139.27 and last traded at $139.5330, with a volume of 103633 shares trading hands. The stock had previously closed at $145.58.
Analyst Ratings Changes
A number of equities analysts recently commented on FCN shares. Truist Financial lifted their price objective on FTI Consulting from $165.00 to $180.00 and gave the stock a “hold” rating in a research note on Monday, May 4th. The Goldman Sachs Group set a $169.00 price target on shares of FTI Consulting in a report on Tuesday, May 19th. Weiss Ratings restated a “hold (c)” rating on shares of FTI Consulting in a research report on Thursday. Finally, Wall Street Zen lowered shares of FTI Consulting from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Two analysts have rated the stock with a Hold rating, According to MarketBeat, FTI Consulting currently has a consensus rating of “Hold” and a consensus target price of $174.50.
FTI Consulting Trading Down 4.7%
FTI Consulting (NYSE:FCN – Get Free Report) last issued its earnings results on Thursday, April 30th. The business services provider reported $1.90 earnings per share for the quarter, missing analysts’ consensus estimates of $2.11 by ($0.21). FTI Consulting had a return on equity of 15.14% and a net margin of 6.88%.The business had revenue of $983.35 million during the quarter, compared to the consensus estimate of $971.17 million. During the same quarter in the previous year, the firm posted $2.29 earnings per share. The company’s revenue for the quarter was up 9.5% compared to the same quarter last year. FTI Consulting has set its FY 2026 guidance at 8.900-9.600 EPS. On average, analysts predict that FTI Consulting, Inc. will post 9.1 earnings per share for the current fiscal year.
FTI Consulting announced that its Board of Directors has approved a stock repurchase program on Friday, June 5th that authorizes the company to buyback $370.00 million in 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 an indication that the company’s leadership believes its stock is undervalued.
Insider Activity
In related news, CEO Steven Henry Gunby purchased 10,000 shares of FTI Consulting stock in a transaction on Wednesday, May 13th. The stock was acquired at an average cost of $144.17 per share, for a total transaction of $1,441,700.00. Following the completion of the acquisition, the chief executive officer owned 326,984 shares of the company’s stock, valued at $47,141,283.28. This trade represents a 3.15% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Paul Alderman Linton purchased 2,400 shares of the firm’s stock in a transaction on Wednesday, May 13th. The stock was bought at an average cost of $144.04 per share, with a total value of $345,696.00. Following the completion of the purchase, the insider owned 92,824 shares of the company’s stock, valued at approximately $13,370,368.96. This represents a 2.65% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders purchased 14,400 shares of company stock worth $2,076,576 in the last quarter. 1.79% of the stock is owned by corporate insiders.
Institutional Trading of FTI Consulting
Several large investors have recently made changes to their positions in the company. Victory Capital Management Inc. increased its position 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 buying an additional 503,885 shares in the last quarter. Black Creek Investment Management Inc. boosted its holdings in FTI Consulting by 60.0% in the fourth quarter. Black Creek Investment Management Inc. now owns 1,072,250 shares of the business services provider’s stock worth $183,172,000 after acquiring an additional 402,008 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in FTI Consulting by 6.9% in the first quarter. Dimensional Fund Advisors LP now owns 921,218 shares of the business services provider’s stock valued at $162,836,000 after acquiring an additional 59,524 shares during the period. Alliancebernstein L.P. grew its stake in FTI Consulting by 14.0% in the third quarter. Alliancebernstein L.P. now owns 785,657 shares of the business services provider’s stock valued at $127,001,000 after acquiring an additional 96,723 shares during the period. Finally, Price T Rowe Associates Inc. MD increased its holdings in shares of FTI Consulting by 2.7% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 525,577 shares of the business services provider’s stock valued at $89,786,000 after acquiring an additional 13,840 shares in the last quarter. 99.36% of the stock is currently owned by institutional investors and hedge funds.
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.
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