FTI Consulting (NYSE:FCN) Shares Gap Up - Here's Why

Key Points

• FTI Consulting shares opened 2.7% higher, rising from $149.82 to $153.93, amid a mixed analyst outlook. The stock carries an average “Hold” rating and a consensus price target of $174.50.
• The company’s latest quarterly results were broadly stable: revenue rose 5.3% year over year to $993.46 million, while EPS of $2.16 narrowly missed estimates by $0.01. FTI projects fiscal 2026 EPS of $8.70–$9.30.
• FTI Consulting authorized a $370 million share repurchase program, equal to as much as 7.9% of outstanding shares. Institutional investors and hedge funds own 99.36% of the company.

FTI Consulting, Inc. (NYSE:FCN - Get Free Report) shares gapped up before the market opened on Tuesday . The stock had previously closed at $149.82, but opened at $153.93. FTI Consulting shares last traded at $153.3680, with a volume of 18,699 shares trading hands.

Analyst Upgrades and Downgrades

FCN has been the subject of a number of research reports. The Goldman Sachs Group set a $169.00 target price on shares of FTI Consulting in a research note on Tuesday, May 19th. Truist Financial increased their price objective on FTI Consulting from $165.00 to $180.00 and gave the stock a "hold" rating in a report on Monday, May 4th. Wall Street Zen cut FTI Consulting from a "buy" rating to a "hold" rating in a research report on Saturday, May 2nd. Finally, Weiss Ratings downgraded FTI Consulting from a "hold (c)" rating to a "hold (c-)" rating in a research note on Wednesday, July 8th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, FTI Consulting presently has an average rating of "Hold" and an average target price of $174.50.

FTI Consulting Stock Up 2.1%

The stock has a market cap of $4.22 billion, a P/E ratio of 18.47 and a beta of -0.05. The company has a current ratio of 2.03, a quick ratio of 2.03 and a debt-to-equity ratio of 0.76. The firm's fifty day moving average is $154.93 and its 200 day moving average is $163.17.

FTI Consulting (NYSE:FCN - Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The business services provider reported $2.16 EPS for the quarter, missing the consensus estimate of $2.17 by ($0.01). The business had revenue of $993.46 million during the quarter, compared to the consensus estimate of $992.75 million. FTI Consulting had a return on equity of 15.91% and a net margin of 6.44%.The business's quarterly revenue was up 5.3% on a year-over-year basis. During the same period in the prior year, the firm earned $2.13 earnings per share. FTI Consulting has set its FY 2026 guidance at 8.700-9.300 EPS. As a group, equities research analysts forecast that FTI Consulting, Inc. will post 9.25 EPS for the current year.

FTI Consulting declared that its board has approved a share repurchase program on Friday, June 5th that allows the company to buyback $370.00 million in shares. This buyback authorization allows the business services provider to repurchase up to 7.9% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board believes its shares are undervalued.

Institutional Investors Weigh In On FTI Consulting

Hedge funds have recently made changes to their positions in the company. Empowered Funds LLC acquired a new stake in shares of FTI Consulting during the second quarter worth approximately $851,000. Public Employees Retirement System of Ohio acquired a new position in FTI Consulting during the 2nd quarter worth about $1,361,000. Corient Private Wealth LP acquired a new position in FTI Consulting during the 2nd quarter worth about $1,296,000. Bank of America Corp DE bought a new position in FTI Consulting in the 2nd quarter valued at $8,941,000. Finally, Freestone Grove Partners LP bought a new position in FTI Consulting in the 2nd quarter valued at $2,328,000. Institutional investors and hedge funds own 99.36% of the company's stock.

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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