Inspire Investing LLC Purchases 4,036 Shares of FTI Consulting, Inc. $FCN

Key Points

• Inspire Investing LLC increased its stake in FTI Consulting by 42.6% this quarter, now owning 13,500 shares valued at $2.215 million.
• FTI Consulting reported $2.13 earnings per share for the last quarter, exceeding estimates by $0.26, although revenue was down .6% from the previous year.
• The company has set its FY 2025 earnings guidance between $7.800-8.400 EPS, with analysts projecting 8.55 earnings per share for the current fiscal year.

Inspire Investing LLC increased its stake in shares of FTI Consulting, Inc. (NYSE:FCN - Free Report) by 42.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,500 shares of the business services provider's stock after purchasing an additional 4,036 shares during the quarter. Inspire Investing LLC's holdings in FTI Consulting were worth $2,215,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Captrust Financial Advisors increased its holdings in shares of FTI Consulting by 21.1% during the fourth quarter. Captrust Financial Advisors now owns 5,446 shares of the business services provider's stock worth $1,041,000 after buying an additional 950 shares in the last quarter. Cetera Investment Advisers grew its position in FTI Consulting by 111.4% during the 4th quarter. Cetera Investment Advisers now owns 2,754 shares of the business services provider's stock worth $526,000 after acquiring an additional 1,451 shares during the last quarter. Deutsche Bank AG grew its position in FTI Consulting by 16.0% during the 4th quarter. Deutsche Bank AG now owns 5,069 shares of the business services provider's stock worth $969,000 after acquiring an additional 698 shares during the last quarter. Ethic Inc. increased its holdings in FTI Consulting by 15.7% in the 4th quarter. Ethic Inc. now owns 1,765 shares of the business services provider's stock worth $337,000 after purchasing an additional 239 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. bought a new position in FTI Consulting in the fourth quarter valued at about $3,353,000. Institutional investors and hedge funds own 99.36% of the company's stock.

FTI Consulting Trading Up 0.3%

Shares of FCN stock traded up $0.46 during mid-day trading on Wednesday, reaching $164.35. 47,878 shares of the stock traded hands, compared to its average volume of 359,153. The company has a market cap of $5.32 billion, a price-to-earnings ratio of 23.15 and a beta of 0.21. The company has a quick ratio of 2.11, a current ratio of 2.11 and a debt-to-equity ratio of 0.25. The stock's fifty day simple moving average is $167.21 and its two-hundred day simple moving average is $164.81. FTI Consulting, Inc. has a 1-year low of $151.75 and a 1-year high of $231.65.

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

FTI Consulting Company 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.