Systematic Financial Management LP Trims Stake in FTI Consulting, Inc. $FCN

Key Points

• Systematic Financial Management LP reduced its stake in FTI Consulting by 6.0%, owning a total of 25,875 shares valued at approximately $4.25 million at the end of the last quarter.
• FTI Consulting reported earnings per share of $2.13 for the last quarter, surpassing the consensus estimate of $1.87, with revenues of $943.66 million.
• The company has set its FY 2025 earnings per share guidance between $7.800 and $8.400, with analysts predicting $8.55 EPS for the current fiscal year.

Systematic Financial Management LP trimmed its stake in shares of FTI Consulting, Inc. (NYSE:FCN - Free Report) by 6.0% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 25,875 shares of the business services provider's stock after selling 1,665 shares during the quarter. Systematic Financial Management LP owned about 0.08% of FTI Consulting worth $4,246,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of FCN. GeoWealth Management LLC lifted its stake in FTI Consulting by 46.0% in the fourth quarter. GeoWealth Management LLC now owns 181 shares of the business services provider's stock valued at $35,000 after buying an additional 57 shares during the period. Isthmus Partners LLC lifted its stake in FTI Consulting by 2.7% in the first quarter. Isthmus Partners LLC now owns 2,402 shares of the business services provider's stock valued at $394,000 after buying an additional 63 shares during the period. Caitong International Asset Management Co. Ltd grew its stake in FTI Consulting by 26.6% in the first quarter. Caitong International Asset Management Co. Ltd now owns 362 shares of the business services provider's stock valued at $59,000 after acquiring an additional 76 shares during the period. Signaturefd LLC lifted its holdings in FTI Consulting by 65.3% during the first quarter. Signaturefd LLC now owns 205 shares of the business services provider's stock worth $34,000 after acquiring an additional 81 shares during the period. Finally, Mayfair Advisory Group LLC lifted its holdings in FTI Consulting by 7.3% during the first quarter. Mayfair Advisory Group LLC now owns 1,309 shares of the business services provider's stock worth $215,000 after acquiring an additional 89 shares during the period. Institutional investors and hedge funds own 99.36% of the company's stock.

FTI Consulting Stock Performance

Shares of FCN traded down $1.67 during mid-day trading on Thursday, hitting $168.27. The stock had a trading volume of 205,459 shares, compared to its average volume of 368,098. The firm has a market cap of $5.45 billion, a P/E ratio of 23.70 and a beta of 0.18. The business has a fifty day moving average price of $166.12 and a 200-day moving average price of $166.04. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.11 and a quick ratio of 2.11. FTI Consulting, Inc. has a 52 week low of $151.75 and a 52 week high of $231.65.

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