FTI Consulting (FCN) Getting Somewhat Favorable Press Coverage, Analysis Shows

News articles about FTI Consulting (NYSE:FCN) have trended somewhat positive on Monday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. FTI Consulting earned a daily sentiment score of 0.06 on Accern’s scale. Accern also assigned media headlines about the business services provider an impact score of 46.4893951151733 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Several equities analysts have recently weighed in on the company. Zacks Investment Research downgraded FTI Consulting from a “buy” rating to a “hold” rating in a report on Tuesday, January 16th. TheStreet upgraded FTI Consulting from a “c” rating to a “b” rating in a report on Thursday, October 26th.

FTI Consulting (NYSE FCN) opened at $44.11 on Monday. FTI Consulting has a twelve month low of $31.65 and a twelve month high of $45.27. The company has a current ratio of 2.15, a quick ratio of 2.15 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $1,646.56, a price-to-earnings ratio of 35.86 and a beta of 0.34.

FTI Consulting (NYSE:FCN) last issued its quarterly earnings results on Thursday, October 26th. The business services provider reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.24. FTI Consulting had a return on equity of 6.12% and a net margin of 2.70%. The firm had revenue of $448.96 million during the quarter, compared to the consensus estimate of $446.63 million. During the same period last year, the company earned $0.52 earnings per share. The company’s revenue was up 2.5% on a year-over-year basis. sell-side analysts anticipate that FTI Consulting will post 2.06 EPS for the current fiscal year.

FTI Consulting declared that its Board of Directors has authorized a stock repurchase plan on Monday, December 4th that authorizes the company to buyback $100.00 million in shares. This buyback authorization authorizes the business services provider to repurchase shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.

WARNING: “FTI Consulting (FCN) Getting Somewhat Favorable Press Coverage, Analysis Shows” was originally published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this story on another domain, it was copied illegally and republished in violation of US & international trademark & copyright laws. The legal version of this story can be read at https://www.dispatchtribunal.com/2018/01/29/fti-consulting-fcn-getting-somewhat-favorable-press-coverage-analysis-shows.html.

FTI Consulting Company Profile

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.

Insider Buying and Selling by Quarter for FTI Consulting (NYSE:FCN)

Receive News & Ratings for FTI Consulting Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FTI Consulting and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply