FTI Consulting, Inc. (NYSE:FCN) Short Interest Update

FTI Consulting, Inc. (NYSE:FCN) saw a large decrease in short interest in December. As of December 31st, there was short interest totaling 988,459 shares, a decrease of 21.5% from the December 15th total of 1,258,786 shares. Based on an average daily volume of 339,925 shares, the short-interest ratio is presently 2.9 days. Currently, 3.3% of the company’s stock are short sold. Currently, 3.3% of the company’s stock are short sold. Based on an average daily volume of 339,925 shares, the short-interest ratio is presently 2.9 days.

FTI Consulting Stock Performance

Shares of FCN traded up $0.68 during trading hours on Friday, hitting $178.25. The company had a trading volume of 226,067 shares, compared to its average volume of 218,302. The business has a fifty day moving average of $170.11 and a 200-day moving average of $166.45. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.29. The firm has a market cap of $5.50 billion, a price-to-earnings ratio of 22.71 and a beta of 0.09. FTI Consulting has a 12 month low of $149.31 and a 12 month high of $204.69.

FTI Consulting (NYSE:FCN) last announced its quarterly earnings results on Thursday, October 23rd. The business services provider reported $2.60 EPS for the quarter, beating analysts’ consensus estimates of $1.93 by $0.67. The business had revenue of $956.17 million for the quarter, compared to analyst estimates of $941.19 million. FTI Consulting had a net margin of 7.20% and a return on equity of 14.49%. FTI Consulting’s quarterly revenue was up 3.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.85 EPS. FTI Consulting has set its FY 2025 guidance at 8.200-8.70 EPS. Equities analysts anticipate that FTI Consulting will post 8.55 EPS for the current fiscal year.

FTI Consulting declared that its board has approved a stock repurchase plan on Tuesday, October 21st that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the business services provider to buy up to 9.9% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its shares are undervalued.

Insider Activity at FTI Consulting

In related news, CEO Steven Henry Gunby acquired 7,500 shares of the business’s stock in a transaction dated Friday, October 24th. The stock was bought at an average price of $151.12 per share, with a total value of $1,133,400.00. Following the acquisition, the chief executive officer owned 294,007 shares in the company, valued at $44,430,337.84. This represents a 2.62% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.79% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Quent Capital LLC bought a new position in FTI Consulting during the 3rd quarter worth $28,000. Winnow Wealth LLC acquired a new position in shares of FTI Consulting in the third quarter valued at about $29,000. Caitong International Asset Management Co. Ltd increased its position in FTI Consulting by 1,278.6% during the third quarter. Caitong International Asset Management Co. Ltd now owns 193 shares of the business services provider’s stock worth $31,000 after acquiring an additional 179 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in FTI Consulting in the 1st quarter worth about $33,000. Finally, Nomura Asset Management Co. Ltd. raised its stake in FTI Consulting by 68.8% in the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 270 shares of the business services provider’s stock worth $44,000 after purchasing an additional 110 shares in the last quarter. 99.36% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have issued reports on FCN shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of FTI Consulting in a research report on Wednesday, December 24th. Truist Financial lowered their price objective on shares of FTI Consulting from $178.00 to $165.00 and set a “hold” rating on the stock in a research note on Thursday, October 23rd. Finally, Wall Street Zen upgraded shares of FTI Consulting from a “hold” rating to a “buy” rating in a research note on Saturday, December 6th. One research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, FTI Consulting currently has an average rating of “Hold” and a consensus price target of $169.00.

About FTI Consulting

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.