FTI Consulting, Inc. $FCN Shares Bought by Bayforest Capital Ltd

Key Points

• Bayforest Capital Ltd increased its holdings in FTI Consulting, Inc. by 151.8%, purchasing an additional 1,991 shares for a total of 3,303 shares worth $542,000.
• FTI Consulting's most recent earnings report showed earnings of $2.13 per share, exceeding estimates of $1.87, while revenue was reported at $943.66 million.
• The company has set its FY 2025 earnings guidance at 7.800-8.400 EPS, with analysts estimating an EPS of 8.55 for the current fiscal year.

Bayforest Capital Ltd increased its stake in shares of FTI Consulting, Inc. (NYSE:FCN - Free Report) by 151.8% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 3,303 shares of the business services provider's stock after acquiring an additional 1,991 shares during the period. Bayforest Capital Ltd's holdings in FTI Consulting were worth $542,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Kayne Anderson Rudnick Investment Management LLC lifted its position in FTI Consulting by 0.9% during the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 3,415,254 shares of the business services provider's stock worth $560,375,000 after acquiring an additional 28,968 shares in the last quarter. Victory Capital Management Inc. increased its holdings in FTI Consulting by 11.0% during the 1st quarter. Victory Capital Management Inc. now owns 1,549,781 shares of the business services provider's stock worth $254,288,000 after purchasing an additional 153,523 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in FTI Consulting by 6.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 749,244 shares of the business services provider's stock worth $122,929,000 after purchasing an additional 48,211 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of FTI Consulting by 0.7% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 441,760 shares of the business services provider's stock valued at $72,484,000 after acquiring an additional 2,952 shares during the last quarter. Finally, Van Berkom & Associates Inc. increased its holdings in shares of FTI Consulting by 10.4% in the 1st quarter. Van Berkom & Associates Inc. now owns 430,873 shares of the business services provider's stock valued at $70,698,000 after acquiring an additional 40,546 shares during the last quarter. 99.36% of the stock is owned by institutional investors and hedge funds.

FTI Consulting Stock Performance

Shares of NYSE FCN traded down $1.06 during trading on Monday, reaching $163.33. The stock had a trading volume of 44,769 shares, compared to its average volume of 360,144. FTI Consulting, Inc. has a one year low of $151.75 and a one year high of $231.65. The company has a debt-to-equity ratio of 0.25, a quick ratio of 2.11 and a current ratio of 2.11. The stock has a market cap of $5.29 billion, a PE ratio of 22.99 and a beta of 0.21. The firm's 50 day moving average price is $167.31 and its two-hundred day moving average price is $164.83.

FTI Consulting (NYSE:FCN - Get Free Report) last issued its quarterly earnings results on Thursday, July 24th. The business services provider reported $2.13 earnings per share for the quarter, beating analysts' consensus estimates of $1.87 by $0.26. The business had revenue of $943.66 million during the quarter, compared to the consensus estimate of $928.38 million. FTI Consulting had a return on equity of 12.88% and a net margin of 6.82%.The business's quarterly revenue was down .6% on a year-over-year basis. During the same period in the previous year, the business earned $2.34 EPS. FTI Consulting has set its FY 2025 guidance at 7.800-8.400 EPS. On average, research analysts forecast that FTI Consulting, Inc. will post 8.55 earnings per share for the current fiscal year.

FTI Consulting Profile

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.