FTI Consulting Inc. (NYSE: FCN) has reported E.P.S. of $1.88 for its third fiscal quarter (ending September 30) versus $2.44 for the same period a year ago — a decline of -23%. For the latest four quarters through September 30, E.P.S. were $8.89 versus $7.17 for the same period a year ago — an increase of 24%.
Recent Price Action
FTI Consulting Inc. (NYSE: FCN) stock suffered a major decline of -12.3% on 10/24/24. The shares closed at $201.38. Moreover, exceptionally high trading volume at 608% of normal accompanied the decline. The stock has been strong relative to the market over the last nine months but has declined -12.8% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, FCN is expected to continue to be an important Value Builder.
FTI Consulting has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. FTI Consulting has a poor Appreciation Score of 26 but a good Power Rating of 78, and the Neutral Value Trend Rating results.
Rating Review
In light of this new information and highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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