For its second fiscal quarter (ending June 30), FTI Consulting Inc. (NYSE: FCN) has reported a 27% increase in E.P.S. from $1.87 a year ago to $2.38 in the current quarter. This result exceeded the consensus estimate of $2.02 by $0.36. For the latest four quarters through June 30, E.P.S. were $9.45 versus $7.01 for the same period a year ago — an increase of 35%.
Recent Price Action
On 7/25/24, FTI Consulting Inc. (NYSE: FCN) stock declined by -2.1%, closing at $225.64. Moreover, trading volume in this decline was exceptionally high at 285% of normal. The stock has performed in line with the market over the last nine months and is unchanged 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 D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. FTI Consulting has a poor Appreciation Score of 23 but a neutral Power Rating of 55, triggering the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
Be the first to comment