William Blair Equities Analysts Lower Earnings Estimates for FTI Consulting, Inc. (NYSE:FCN)

FTI Consulting, Inc. (NYSE:FCN) – Equities researchers at William Blair lowered their Q3 2024 earnings estimates for shares of FTI Consulting in a report issued on Friday, April 26th. William Blair analyst A. Nicholas now anticipates that the business services provider will post earnings of $2.13 per share for the quarter, down from their previous forecast of $2.38. William Blair has a “Outperform” rating on the stock. The consensus estimate for FTI Consulting’s current full-year earnings is $8.15 per share. William Blair also issued estimates for FTI Consulting’s Q2 2025 earnings at $2.26 EPS, Q4 2025 earnings at $2.33 EPS and FY2025 earnings at $9.30 EPS.

FCN has been the subject of several other reports. StockNews.com cut FTI Consulting from a “buy” rating to a “hold” rating in a report on Friday. Truist Financial lifted their target price on shares of FTI Consulting from $240.00 to $255.00 and gave the stock a “buy” rating in a research note on Friday, February 23rd.

FTI Consulting Stock Performance

FTI Consulting stock opened at $211.36 on Monday. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.46 and a quick ratio of 1.74. The company’s 50-day moving average is $207.58 and its 200 day moving average is $205.52. FTI Consulting has a 1-year low of $167.39 and a 1-year high of $232.15. The firm has a market capitalization of $7.53 billion, a P/E ratio of 24.58 and a beta of 0.11.

FTI Consulting (NYSE:FCN) last released its quarterly earnings data on Thursday, April 25th. The business services provider reported $2.23 EPS for the quarter, beating the consensus estimate of $1.76 by $0.47. FTI Consulting had a net margin of 8.51% and a return on equity of 15.97%. The business had revenue of $928.60 million during the quarter, compared to analyst estimates of $901.77 million. During the same quarter last year, the business earned $1.34 earnings per share. FTI Consulting’s quarterly revenue was up 15.1% compared to the same quarter last year.

Institutional Trading of FTI Consulting

Several hedge funds have recently added to or reduced their stakes in FCN. Arlington Trust Co LLC purchased a new position in shares of FTI Consulting in the 3rd quarter valued at approximately $28,000. Fifth Third Bancorp boosted its position in shares of FTI Consulting by 37.1% in the 3rd quarter. Fifth Third Bancorp now owns 218 shares of the business services provider’s stock worth $39,000 after buying an additional 59 shares in the last quarter. Tompkins Financial Corp purchased a new position in FTI Consulting during the 4th quarter valued at about $40,000. Blue Trust Inc. raised its position in FTI Consulting by 30.1% during the fourth quarter. Blue Trust Inc. now owns 272 shares of the business services provider’s stock worth $54,000 after acquiring an additional 63 shares during the last quarter. Finally, Quarry LP acquired a new stake in shares of FTI Consulting in the fourth quarter valued at approximately $56,000. Institutional investors and hedge funds own 99.36% of the company’s stock.

Insider Activity

In other FTI Consulting news, insider Paul Alderman Linton sold 27,000 shares of FTI Consulting stock in a transaction on Thursday, March 7th. The shares were sold at an average price of $206.10, for a total transaction of $5,564,700.00. Following the sale, the insider now owns 44,284 shares of the company’s stock, valued at approximately $9,126,932.40. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other news, General Counsel Curtis P. Lu sold 2,656 shares of the company’s stock in a transaction on Monday, February 26th. The stock was sold at an average price of $217.08, for a total value of $576,564.48. Following the transaction, the general counsel now owns 29,190 shares of the company’s stock, valued at approximately $6,336,565.20. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Paul Alderman Linton sold 27,000 shares of the company’s stock in a transaction that occurred on Thursday, March 7th. The stock was sold at an average price of $206.10, for a total transaction of $5,564,700.00. Following the completion of the transaction, the insider now owns 44,284 shares in the company, valued at $9,126,932.40. The disclosure for this sale can be found here. Insiders have sold 36,715 shares of company stock worth $7,617,513 in the last quarter. Corporate insiders own 3.34% of the company’s stock.

FTI Consulting Company Profile

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.