FTI Consulting, Inc. (NYSE:FCN – Get Free Report) CFO Ajay Sabherwal sold 596 shares of the stock in a transaction on Wednesday, May 22nd. The shares were sold at an average price of $226.13, for a total transaction of $134,773.48. Following the completion of the sale, the chief financial officer now directly owns 13,455 shares of the company’s stock, valued at $3,042,579.15. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
FTI Consulting Stock Down 1.3 %
FCN stock traded down $3.00 during mid-day trading on Thursday, hitting $221.15. 27,264 shares of the company were exchanged, compared to its average volume of 198,472. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.46 and a current ratio of 2.46. The firm has a market cap of $7.90 billion, a P/E ratio of 26.06 and a beta of 0.10. The firm’s 50 day simple moving average is $212.38 and its 200 day simple moving average is $208.23. FTI Consulting, Inc. has a 1-year low of $171.81 and a 1-year high of $232.15.
FTI Consulting (NYSE:FCN – Get Free Report) last posted its quarterly earnings data on Thursday, April 25th. The business services provider reported $2.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.76 by $0.47. FTI Consulting had a net margin of 8.51% and a return on equity of 15.97%. The company had revenue of $928.60 million for the quarter, compared to the consensus estimate of $901.77 million. During the same period last year, the company earned $1.34 earnings per share. The firm’s revenue was up 15.1% compared to the same quarter last year. On average, sell-side analysts predict that FTI Consulting, Inc. will post 8.22 EPS for the current fiscal year.
Institutional Trading of FTI Consulting
Analysts Set New Price Targets
A number of analysts have weighed in on FCN shares. StockNews.com downgraded shares of FTI Consulting from a “buy” rating to a “hold” rating in a report on Friday, April 26th. Truist Financial increased their target price on shares of FTI Consulting from $240.00 to $255.00 and gave the stock a “buy” rating in a research report on Friday, February 23rd. Finally, William Blair reissued an “outperform” rating on shares of FTI Consulting in a report on Friday, April 26th.
Read Our Latest Stock Analysis on FTI Consulting
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.
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