Share Repurchase Program Declared by FTI Consulting (NYSE:FCN) Board of Directors

FTI Consulting (NYSE:FCN) declared that its board has initiated a stock repurchase plan on Friday, June 5th, RTT News reports. The company plans to repurchase $370.00 million in outstanding shares. This repurchase authorization permits the business services provider to buy up to 7.9% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on FCN shares. Weiss Ratings restated a “hold (c)” rating on shares of FTI Consulting in a report on Monday, March 23rd. Wall Street Zen lowered FTI Consulting from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. The Goldman Sachs Group set a $169.00 price target on FTI Consulting in a research note on Tuesday, May 19th. Finally, Truist Financial boosted their price target on FTI Consulting from $165.00 to $180.00 and gave the company a “hold” rating in a research note on Monday, May 4th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $174.50.

FTI Consulting Stock Up 2.3%

Shares of NYSE:FCN traded up $3.66 during trading on Friday, reaching $159.76. 505,307 shares of the stock were exchanged, compared to its average volume of 567,132. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.30 and a quick ratio of 2.30. FTI Consulting has a 1-year low of $140.84 and a 1-year high of $189.30. The stock has a fifty day moving average of $168.37 and a two-hundred day moving average of $169.34. The firm has a market cap of $4.82 billion, a price-to-earnings ratio of 19.00 and a beta of -0.05.

FTI Consulting (NYSE:FCN) last issued its earnings results on Thursday, April 30th. The business services provider reported $1.90 earnings per share for the quarter, missing analysts’ consensus estimates of $2.11 by ($0.21). FTI Consulting had a return on equity of 15.14% and a net margin of 6.88%.The firm had revenue of $983.35 million for the quarter, compared to analyst estimates of $971.17 million. During the same period in the previous year, the company earned $2.29 earnings per share. FTI Consulting’s revenue for the quarter was up 9.5% compared to the same quarter last year. FTI Consulting has set its FY 2026 guidance at 8.900-9.600 EPS. Research analysts anticipate that FTI Consulting will post 9.1 earnings per share for the current fiscal year.

Insider Transactions at FTI Consulting

In other FTI Consulting news, CEO Steven Henry Gunby bought 10,000 shares of the stock in a transaction that occurred on Wednesday, May 13th. The shares were bought at an average price of $144.17 per share, for a total transaction of $1,441,700.00. Following the acquisition, the chief executive officer directly owned 326,984 shares of the company’s stock, valued at approximately $47,141,283.28. The trade was a 3.15% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Paul Alderman Linton bought 2,400 shares of the stock in a transaction that occurred on Wednesday, May 13th. The stock was acquired at an average price of $144.04 per share, for a total transaction of $345,696.00. Following the acquisition, the insider directly owned 92,824 shares in the company, valued at $13,370,368.96. The trade was a 2.65% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have bought 14,400 shares of company stock valued at $2,076,576 over the last ninety days. 1.79% of the stock is owned by company insiders.

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.