Somewhat Favorable News Coverage Somewhat Unlikely to Affect FTI Consulting (FCN) Share Price
News articles about FTI Consulting (NYSE:FCN) have trended somewhat positive recently, according to Accern Sentiment. Accern rates the sentiment of press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. FTI Consulting earned a news impact score of 0.12 on Accern’s scale. Accern also gave news stories about the business services provider an impact score of 45.1556436241941 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the media headlines that may have impacted Accern Sentiment’s scoring:
- FTI Consulting Compensation Study Finds Homebuilders’ Commitment to Pay-for-Performance Continues to Be Strong (finance.yahoo.com)
- $448.89 Million in Sales Expected for FTI Consulting, Inc. (FCN) This Quarter (americanbankingnews.com)
- Leading Intellectual Property Expert Shankar Iyer Joins Compass Lexecon (finance.yahoo.com)
- $0.61 Earnings Per Share Expected for FTI Consulting, Inc. (FCN) This Quarter (americanbankingnews.com)
Several research analysts have recently commented on the stock. BidaskClub raised shares of FTI Consulting from a “sell” rating to a “hold” rating in a report on Thursday, June 29th. Zacks Investment Research lowered shares of FTI Consulting from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Two research analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $43.00.
FTI Consulting (NYSE:FCN) traded up 0.49% on Friday, hitting $35.19. 210,864 shares of the stock traded hands. The firm has a market cap of $1.39 billion, a price-to-earnings ratio of 38.50 and a beta of 0.28. The stock has a 50-day moving average of $33.33 and a 200-day moving average of $35.81. FTI Consulting has a 12-month low of $31.65 and a 12-month high of $47.12.
FTI Consulting (NYSE:FCN) last announced its quarterly earnings data on Thursday, July 27th. The business services provider reported $0.40 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.13). FTI Consulting had a net margin of 2.13% and a return on equity of 5.18%. The business had revenue of $447.70 million during the quarter, compared to analyst estimates of $455.55 million. During the same quarter in the prior year, the company posted $0.66 EPS. The company’s quarterly revenue was down 2.7% compared to the same quarter last year. Analysts forecast that FTI Consulting will post $1.87 earnings per share for the current year.
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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.
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