FTI Consulting, Inc. (NYSE:FCN – Get Free Report)’s stock price 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 traded. The stock had previously closed at $145.58.
Wall Street Analyst Weigh In
A number of analysts have recently issued reports on the company. Wall Street Zen cut 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 target on shares of FTI Consulting in a research note on Tuesday, May 19th. Weiss Ratings reissued a “hold (c)” rating on shares of FTI Consulting in a report on Thursday, June 18th. Finally, Truist Financial increased their price objective on shares of FTI Consulting from $165.00 to $180.00 and gave the company a “hold” rating in a research note on Monday, May 4th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $174.50.
View Our Latest Stock Report on FTI Consulting
FTI Consulting Stock Up 1.8%
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 (EPS) for the quarter, missing analysts’ consensus estimates of $2.11 by ($0.21). The company had revenue of $983.35 million during the quarter, compared to analyst estimates of $971.17 million. FTI Consulting had a return on equity of 15.14% and a net margin of 6.88%.The company’s quarterly revenue was up 9.5% on a year-over-year basis. During the same period in the previous year, the company posted $2.29 earnings per share. FTI Consulting has set its FY 2026 guidance at 8.900-9.600 EPS. Equities analysts expect that FTI Consulting, Inc. will post 9.1 EPS for the current year.
FTI Consulting announced that its Board of Directors has authorized a share repurchase plan on Friday, June 5th that authorizes the company to repurchase $370.00 million in outstanding shares. This repurchase authorization authorizes the business services provider to repurchase up to 7.9% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.
Insiders Place Their Bets
In other news, CFO Eun Nam acquired 2,000 shares of the firm’s stock in a transaction on Wednesday, May 13th. The shares were purchased at an average cost of $144.59 per share, with a total value of $289,180.00. Following the completion of the purchase, the chief financial officer owned 21,592 shares of the company’s stock, valued at $3,121,987.28. This represents a 10.21% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Paul Alderman Linton acquired 2,400 shares of the company’s stock in a transaction dated Wednesday, May 13th. The shares were purchased at an average cost of $144.04 per share, with a total value of $345,696.00. Following the acquisition, 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 over the last three months. 1.79% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of the business. Victory Capital Management Inc. raised 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 purchasing an additional 503,885 shares during the last quarter. Black Creek Investment Management Inc. grew its holdings in shares of FTI Consulting by 60.0% during 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 purchasing an additional 402,008 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of 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 buying an additional 59,524 shares in the last quarter. Alliancebernstein L.P. increased its stake in shares of 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 buying an additional 96,723 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD increased its position in FTI Consulting by 2.7% in the 4th 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 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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