FTI Consulting (NYSE:FCN) Releases FY 2025 Earnings Guidance

FTI Consulting (NYSE:FCN - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 7.800-8.400 for the period, compared to the consensus estimate of 8.067. The company issued revenue guidance of $3.7 billion-$3.8 billion, compared to the consensus revenue estimate of $3.7 billion.

FTI Consulting Stock Performance

Shares of NYSE FCN traded up $0.50 during midday trading on Friday, hitting $173.99. 407,205 shares of the stock traded hands, compared to its average volume of 352,148. The company has a debt-to-equity ratio of 0.25, a quick ratio of 2.24 and a current ratio of 2.11. The firm has a market capitalization of $5.97 billion, a P/E ratio of 24.51 and a beta of 0.19. FTI Consulting has a one year low of $151.75 and a one year high of $231.65. The firm has a 50-day moving average of $163.96 and a two-hundred day moving average of $170.32.

FTI Consulting (NYSE:FCN - Get Free Report) last posted its quarterly earnings data on Thursday, July 24th. The business services provider reported $2.13 EPS for the quarter, topping the consensus estimate of $1.87 by $0.26. The firm had revenue of $943.66 million during the quarter, compared to analyst estimates of $928.38 million. FTI Consulting had a return on equity of 12.88% and a net margin of 6.82%. FTI Consulting's revenue was down .6% on a year-over-year basis. During the same period in the prior year, the business posted $2.34 EPS. On average, equities analysts forecast that FTI Consulting will post 8.55 EPS for the current fiscal year.

FTI Consulting announced that its board has approved a stock repurchase program on Thursday, April 24th that authorizes the company to repurchase $400.00 million in shares. This repurchase authorization authorizes the business services provider to repurchase up to 6.9% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's board of directors believes its stock is undervalued.

Analysts Set New Price Targets

Several equities research analysts have recently commented on FCN shares. Truist Financial lowered FTI Consulting from a "buy" rating to a "hold" rating and reduced their price objective for the stock from $225.00 to $178.00 in a research note on Wednesday, April 2nd. William Blair reiterated an "outperform" rating on shares of FTI Consulting in a research note on Friday, April 25th. Finally, Wall Street Zen lowered FTI Consulting from a "buy" rating to a "hold" rating in a research note on Thursday, April 3rd.

Insider Buying and Selling at FTI Consulting

In other news, CFO Ajay Sabherwal sold 5,236 shares of the firm's stock in a transaction dated Thursday, May 1st. The stock was sold at an average price of $164.60, for a total transaction of $861,845.60. Following the completion of the transaction, the chief financial officer owned 24,777 shares in the company, valued at $4,078,294.20. This trade represents a 17.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 1.79% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in FTI Consulting by 9.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 131,716 shares of the business services provider's stock worth $21,612,000 after purchasing an additional 10,980 shares during the period. Millennium Management LLC purchased a new stake in FTI Consulting in the first quarter worth $15,802,000. Royal Bank of Canada increased its stake in FTI Consulting by 7.4% in the first quarter. Royal Bank of Canada now owns 41,795 shares of the business services provider's stock worth $6,860,000 after purchasing an additional 2,889 shares during the period. Integrated Wealth Concepts LLC raised its stake in shares of FTI Consulting by 4.9% during the first quarter. Integrated Wealth Concepts LLC now owns 2,221 shares of the business services provider's stock valued at $364,000 after acquiring an additional 103 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of FTI Consulting during the first quarter valued at approximately $33,000. Institutional investors own 99.36% of the company's stock.

About FTI Consulting

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.