FTI Consulting's (FCN) Hold (C-) Rating Reiterated at Weiss Ratings

Key Points

• FTI Consulting's stock rating was reaffirmed as "hold (C-)" by Weiss Ratings, signaling a neutral outlook for investors.
• The company reported a Q2 earnings per share (EPS) of $2.13, surpassing estimates, despite a year-over-year revenue decline of 0.6%.
• Institutional investors own approximately 99.36% of FTI Consulting's stock, indicating significant confidence from large financial entities.

FTI Consulting (NYSE:FCN - Get Free Report)'s stock had its "hold (c-)" rating reissued by Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

FTI Consulting Stock Up 1.6%

Shares of FCN stock opened at $163.29 on Wednesday. The firm has a market cap of $5.28 billion, a PE ratio of 23.00 and a beta of 0.16. The company has a quick ratio of 2.11, a current ratio of 2.11 and a debt-to-equity ratio of 0.25. FTI Consulting has a 12 month low of $151.75 and a 12 month high of $231.65. The stock has a 50 day moving average of $165.23 and a 200-day moving average of $164.38.

FTI Consulting (NYSE:FCN - Get Free Report) last released 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. The business had revenue of $943.66 million for 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%.FTI Consulting's quarterly revenue was down .6% on a year-over-year basis. During the same period in the previous year, the business posted $2.34 earnings per share. FTI Consulting has set its FY 2025 guidance at 7.800-8.400 EPS. On average, equities analysts predict that FTI Consulting will post 8.55 EPS for the current year.

Institutional Trading of FTI Consulting

A number of institutional investors and hedge funds have recently modified their holdings of FCN. TT International Asset Management LTD bought a new stake in FTI Consulting in the second quarter valued at $3,461,000. Principal Financial Group Inc. grew its position in FTI Consulting by 0.4% in the first quarter. Principal Financial Group Inc. now owns 81,271 shares of the business services provider's stock valued at $13,335,000 after acquiring an additional 302 shares during the period. Mirae Asset Global Investments Co. Ltd. bought a new stake in FTI Consulting in the first quarter valued at $30,000. Black Diamond Financial LLC bought a new stake in FTI Consulting in the first quarter valued at $328,000. Finally, Entropy Technologies LP grew its position in FTI Consulting by 284.6% in the first quarter. Entropy Technologies LP now owns 13,630 shares of the business services provider's stock valued at $2,236,000 after acquiring an additional 10,086 shares during the period. 99.36% of the stock is currently owned by institutional investors.

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.

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