Media stories about FTI Consulting (NYSE:FCN) have trended somewhat positive on Saturday, Accern Sentiment reports. Accern ranks the sentiment of media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. FTI Consulting earned a coverage optimism score of 0.18 on Accern’s scale. Accern also gave news articles about the business services provider an impact score of 45.7383824224702 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the news articles that may have effected Accern Sentiment’s scoring:
A number of research firms have recently issued reports on FCN. Zacks Investment Research upgraded shares of FTI Consulting from a “hold” rating to a “buy” rating and set a $48.00 price target on the stock in a research report on Tuesday, January 2nd. TheStreet upgraded shares of FTI Consulting from a “c” rating to a “b” rating in a research report on Thursday, October 26th.
FTI Consulting (NYSE FCN) traded down $0.21 during mid-day trading on Friday, hitting $43.65. 178,532 shares of the company were exchanged, compared to its average volume of 289,785. 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 1-year low of $31.65 and a 1-year high of $45.27. The firm has a market cap of $1,660.00, a PE ratio of 35.49 and a beta of 0.34.
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, topping the Zacks’ consensus estimate 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 for the quarter, compared to analysts’ expectations of $446.63 million. During the same quarter last year, the company earned $0.52 EPS. The company’s revenue for the quarter was up 2.5% compared to the same quarter last year. analysts expect that FTI Consulting will post 2.06 earnings per share for the current fiscal year.
FTI Consulting announced that its board has authorized a share buyback program on Monday, December 4th that permits the company to repurchase $100.00 million in outstanding shares. This repurchase authorization permits the business services provider to buy shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company’s leadership believes its shares are undervalued.
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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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