Somewhat Positive News Coverage Somewhat Unlikely to Affect FTI Consulting (FCN) Stock Price
News articles about FTI Consulting (NYSE:FCN) have trended somewhat positive on Saturday, Accern reports. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. FTI Consulting earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave news headlines about the business services provider an impact score of 47.2507989830232 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Several brokerages have recently issued reports on FCN. TheStreet upgraded shares of FTI Consulting from a “c” rating to a “b” rating in a research note on Thursday, October 26th. Zacks Investment Research upgraded shares of FTI Consulting from a “hold” rating to a “strong-buy” rating and set a $49.00 price target for the company in a research note on Monday, October 30th. Finally, BidaskClub upgraded shares of FTI Consulting from a “strong sell” rating to a “sell” rating in a research note on Wednesday, August 9th. One research analyst has rated the stock with a sell rating, two have given a hold rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $44.33.
Shares of FTI Consulting (NYSE:FCN) opened at $42.66 on Friday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 2.15 and a current ratio of 2.15. FTI Consulting has a one year low of $31.65 and a one year high of $47.12. The stock has a market cap of $1,632.52, a P/E ratio of 23.76 and a beta of 0.33.
FTI Consulting (NYSE:FCN) last released its quarterly earnings data on Thursday, October 26th. The business services provider reported $0.83 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.24. FTI Consulting had a net margin of 2.70% and a return on equity of 6.12%. The business had revenue of $448.96 million during the quarter, compared to analyst estimates of $446.63 million. During the same period in the previous year, the business earned $0.52 EPS. FTI Consulting’s revenue was up 2.5% compared to the same quarter last year. research analysts expect that FTI Consulting will post 2.06 earnings per share for the current year.
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About FTI Consulting
FTI Consulting, Inc is a business advisory company. The Company operates through five segments: Corporate Finance & Restructuring, Forensic and Litigation Consulting, Economic Consulting, Technology and Strategic Communications. The Company provides advice and services, such as restructuring (including bankruptcy), capital formation and indebtedness, interim business management, performance improvements, forensic accounting and litigation matters, international arbitrations, mergers and acquisitions (M&A), antitrust and competition matters, securities litigation, electronic discovery (or e-discovery), management and retrieval of electronically stored information (ESI), reputation management and strategic communications.
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