FTI Consulting (NYSE:FCN) to Buyback $370.00 million in Stock

FTI Consulting (NYSE:FCN) announced that its board has initiated a stock repurchase program on Friday, June 5th, RTT News reports. The company plans to buyback $370.00 million in outstanding shares. This buyback authorization authorizes the business services provider to repurchase up to 7.9% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s board believes its stock is undervalued.

FTI Consulting Price Performance

NYSE:FCN traded up $3.66 during trading hours on Friday, hitting $159.76. The company’s stock had a trading volume of 505,307 shares, compared to its average volume of 567,132. FTI Consulting has a twelve month low of $140.84 and a twelve month high of $189.30. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.30 and a quick ratio of 2.30. The company has a market capitalization of $4.82 billion, a P/E ratio of 19.00 and a beta of -0.05. The stock has a fifty day simple moving average of $168.37 and a 200-day simple moving average of $169.34.

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 net margin of 6.88% and a return on equity of 15.14%. The company had revenue of $983.35 million during the quarter, compared to analyst estimates of $971.17 million. During the same quarter in the prior year, the business earned $2.29 EPS. The business’s quarterly revenue was up 9.5% on a year-over-year basis. FTI Consulting has set its FY 2026 guidance at 8.900-9.600 EPS. On average, analysts anticipate that FTI Consulting will post 9.1 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

FCN has been the topic of several analyst reports. Wall Street Zen lowered shares of FTI Consulting from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. The Goldman Sachs Group set a $169.00 price target on shares of FTI Consulting in a research report on Tuesday, May 19th. Weiss Ratings reiterated a “hold (c)” rating on shares of FTI Consulting in a research report on Monday, March 23rd. Finally, Truist Financial increased their price target on shares of FTI Consulting from $165.00 to $180.00 and gave the stock a “hold” rating in a research report on Monday, May 4th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $174.50.

Insider Buying and Selling at FTI Consulting

In other news, CEO Steven Henry Gunby purchased 10,000 shares of the business’s stock in a transaction dated Wednesday, May 13th. The shares were purchased at an average cost of $144.17 per share, with a total value of $1,441,700.00. Following the completion of the purchase, the chief executive officer owned 326,984 shares of the company’s stock, valued at $47,141,283.28. This trade represents a 3.15% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Eun Nam purchased 2,000 shares of the business’s stock in a transaction dated Wednesday, May 13th. The shares were purchased at an average cost of $144.59 per share, for a total transaction of $289,180.00. Following the completion of the purchase, the chief financial officer directly owned 21,592 shares of the company’s stock, valued at approximately $3,121,987.28. This represents a 10.21% increase in their position. The SEC filing for this purchase provides additional information. Insiders have purchased 14,400 shares of company stock worth $2,076,576 over the last quarter. Corporate insiders own 1.79% of the company’s stock.

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.