GAMMA Investing LLC Grows Stake in FTI Consulting, Inc. $FCN

GAMMA Investing LLC increased its holdings in shares of FTI Consulting, Inc. (NYSE:FCN) by 64.2% in the second quarter, according to its most recent filing with the SEC. The fund owned 394 shares of the business services provider’s stock after acquiring an additional 154 shares during the period. GAMMA Investing LLC’s holdings in FTI Consulting were worth $64,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of FCN. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of FTI Consulting during the 1st quarter worth approximately $30,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of FTI Consulting during the 1st quarter worth approximately $33,000. Signaturefd LLC lifted its stake in shares of FTI Consulting by 65.3% during the 1st quarter. Signaturefd LLC now owns 205 shares of the business services provider’s stock worth $34,000 after acquiring an additional 81 shares during the last quarter. Caitong International Asset Management Co. Ltd lifted its stake in shares of FTI Consulting by 26.6% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 362 shares of the business services provider’s stock worth $59,000 after acquiring an additional 76 shares during the last quarter. Finally, UMB Bank n.a. lifted its stake in shares of FTI Consulting by 179.1% during the 2nd quarter. UMB Bank n.a. now owns 494 shares of the business services provider’s stock worth $80,000 after acquiring an additional 317 shares during the last quarter. 99.36% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “hold (c-)” rating on shares of FTI Consulting in a research note on Saturday, September 27th. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, FTI Consulting has a consensus rating of “Hold” and an average price target of $175.50.

FTI Consulting Trading Up 0.3%

FCN opened at $160.06 on Friday. The firm has a market cap of $5.18 billion, a price-to-earnings ratio of 22.54 and a beta of 0.16. The company has a current ratio of 2.11, a quick ratio of 2.11 and a debt-to-equity ratio of 0.25. FTI Consulting, Inc. has a 12 month low of $151.75 and a 12 month high of $231.65. The stock has a fifty day moving average price of $165.78 and a 200-day moving average price of $164.39.

FTI Consulting (NYSE:FCN) last released its quarterly earnings results on Thursday, July 24th. The business services provider reported $2.13 earnings per share for the quarter, topping analysts’ consensus estimates of $1.87 by $0.26. The company had revenue of $943.66 million during 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% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.34 EPS. FTI Consulting has set its FY 2025 guidance at 7.800-8.400 EPS. As a group, equities research analysts anticipate that FTI Consulting, Inc. will post 8.55 earnings per share for the current fiscal year.

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.