Somewhat Positive News Coverage Somewhat Unlikely to Affect FTI Consulting (FCN) Stock Price

News coverage about FTI Consulting (NYSE:FCN) has trended somewhat positive on Monday, Accern reports. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. FTI Consulting earned a news impact score of 0.13 on Accern’s scale. Accern also gave media headlines about the business services provider an impact score of 45.8548606038144 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the news stories that may have effected Accern Sentiment’s scoring:

Get FTI Consulting alerts:

FTI Consulting Continues Investment in Business Transformation ServicesAppoints Nine Functional Experts in North America and Europe (markets.businessinsider.com) FTI Consulting and All Stars Project Partner on Birdies for Development Campaign (finance.yahoo.com) FTI Consulting (FCN) and Exponent (EXPO) Critical Survey (americanbankingnews.com)

Shares of FTI Consulting opened at $62.62 on Monday, MarketBeat Ratings reports. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 0.36. FTI Consulting has a 1-year low of $31.65 and a 1-year high of $65.14. The company has a market cap of $2.37 billion, a PE ratio of 26.99 and a beta of 0.17.

FTI Consulting (NYSE:FCN) last issued its earnings results on Thursday, April 26th. The business services provider reported $1.04 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.42. FTI Consulting had a return on equity of 9.85% and a net margin of 7.15%. The business had revenue of $497.77 million for the quarter, compared to analyst estimates of $456.68 million. During the same quarter last year, the company earned $0.34 EPS. The business’s quarterly revenue was up 11.5% on a year-over-year basis. research analysts forecast that FTI Consulting will post 2.65 earnings per share for the current year.

A number of brokerages have recently weighed in on FCN. Zacks Investment Research raised shares of FTI Consulting from a “hold” rating to a “buy” rating and set a $53.00 price target for the company in a report on Friday, February 23rd. ValuEngine downgraded shares of FTI Consulting from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 2nd.

In other news, Director Brenda J. Bacon sold 15,966 shares of the firm’s stock in a transaction dated Monday, June 4th. The stock was sold at an average price of $62.94, for a total transaction of $1,004,900.04. Following the sale, the director now owns 38,189 shares of the company’s stock, valued at approximately $2,403,615.66. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.19% of the stock is currently owned by company insiders.

FTI Consulting Company Profile

FTI Consulting, Inc provides business advisory services to manage change, mitigate risk, and resolve disputes worldwide. The company's Corporate Finance & Restructuring segment provides turnaround and restructuring, business transformation, interim management, valuation and financial advisory, transaction, dispute advisory, and tax services, as well as mergers and acquisitions (M&A), and M&A integration services.

Insider Buying and Selling by Quarter for FTI Consulting (NYSE:FCN)

Leave a Reply

Your email address will not be published. Required fields are marked *