Gerard E. Holthaus Sells 8,884 Shares of FTI Consulting, Inc. (NYSE:FCN) Stock
FTI Consulting, Inc. (NYSE:FCN) Director Gerard E. Holthaus sold 8,884 shares of the business’s stock in a transaction on Friday, June 7th. The shares were sold at an average price of $86.82, for a total transaction of $771,308.88. Following the sale, the director now directly owns 77,759 shares of the company’s stock, valued at approximately $6,751,036.38. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
FCN opened at $84.69 on Wednesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.35 and a current ratio of 2.35. FTI Consulting, Inc. has a fifty-two week low of $59.06 and a fifty-two week high of $87.34. The firm has a market cap of $3.28 billion, a P/E ratio of 21.17 and a beta of 0.32.
FTI Consulting (NYSE:FCN) last released its earnings results on Thursday, April 25th. The business services provider reported $1.63 earnings per share for the quarter, beating analysts’ consensus estimates of $1.00 by $0.63. FTI Consulting had a net margin of 8.37% and a return on equity of 13.13%. The company had revenue of $551.27 million for the quarter, compared to analysts’ expectations of $517.69 million. During the same quarter in the previous year, the company earned $1.04 EPS. FTI Consulting’s revenue for the quarter was up 10.7% on a year-over-year basis. As a group, equities analysts expect that FTI Consulting, Inc. will post 4.24 earnings per share for the current year.
FCN has been the subject of a number of recent research reports. SunTrust Banks boosted their price objective on shares of FTI Consulting to $88.00 and gave the company a “hold” rating in a research report on Tuesday, April 30th. ValuEngine downgraded shares of FTI Consulting from a “buy” rating to a “hold” rating in a research report on Friday, April 26th.
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About FTI Consulting
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.
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