FTI Consulting Inc. [NYSE: FCN] surged by $1.45 during the normal trading session on Friday and reaching a high of $99.415 during the day while it closed the day at $98.46. The company report on October 29, 2020 that FTI Consulting Reports Third Quarter 2020 Financial Results.
Third Quarter 2020 Revenues of $622.2 Million, Up 4.9% Compared to $593.1 Million in Prior Year Quarter.
Third Quarter 2020 EPS of $1.35, Down 15.1% Compared to $1.59 in Prior Year Quarter; Third Quarter 2020 Adjusted EPS of $1.54, Down 5.5% Compared to $1.63 in Prior Year Quarter.
FTI Consulting Inc. stock has also loss -9.31% of its value over the past 7 days. However, FCN stock has declined by -18.86% in the 3 months of the year. Over the past six months meanwhile, it has lost -22.47% and lost -11.02% year-on date.
The market cap for FCN stock reached $3.55 billion, with 35.64 million shares outstanding and 34.89 million shares in the current float. Compared to the average trading volume of 401.66K shares, FCN reached a trading volume of 1406333 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about FTI Consulting Inc. [FCN]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FCN shares is $164.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FCN stock is a recommendation set at 1.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Sidoti have made an estimate for FTI Consulting Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on May 01, 2020. The new note on the price target was released on April 15, 2020, representing the official price target for FTI Consulting Inc. stock.
The Average True Range (ATR) for FTI Consulting Inc. is set at 3.43, with the Price to Sales ratio for FCN stock in the period of the last 12 months amounting to 1.46. The Price to Book ratio for the last quarter was 2.38, with the Price to Cash per share for the same quarter was set at 8.45. Price to Free Cash Flow for FCN in the course of the last twelve months was 14.71 with Quick ratio for the last quarter at 1.90.
FCN stock trade performance evaluation
FTI Consulting Inc. [FCN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -9.31. With this latest performance, FCN shares dropped by -7.85% in over the last four-week period, additionally sinking by -22.47% over the last 6 months – not to mention a drop of -9.56% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for FCN stock in for the last two-week period is set at 26.89, with the RSI for the last a single of trading hit 23.02, and the three-weeks RSI is set at 32.18 for FTI Consulting Inc. [FCN]. The present Moving Average for the last 50 days of trading for this stock 110.47, while it was recorded at 104.61 for the last single week of trading, and 116.76 for the last 200 days.
FTI Consulting Inc. [FCN]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and FTI Consulting Inc. [FCN] shares currently have an operating margin of +12.99 and a Gross Margin at +34.41. FTI Consulting Inc.’s Net Margin is presently recorded at +9.21.
Return on Total Capital for FCN is now 17.02, given the latest momentum, and Return on Invested Capital for the company is 12.19. Return on Equity for this stock inclined to 15.27, with Return on Assets sitting at 8.40. When it comes to the capital structure of this company, FTI Consulting Inc. [FCN] has a Total Debt to Total Equity ratio set at 32.75. Additionally, FCN Total Debt to Total Capital is recorded at 24.67, with Total Debt to Total Assets ending up at 17.52. Long-Term Debt to Equity for the company is recorded at 30.35, with the Long-Term Debt to Total Capital now at 22.86.
Reflecting on the efficiency of the workforce at the company, FTI Consulting Inc. [FCN] managed to generate an average of $38,930 per employee. Receivables Turnover for the company is 3.51 with a Total Asset Turnover recorded at a value of 0.91.FTI Consulting Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.90 and a Current Ratio set at 1.90.
Earnings per share (EPS) analysis for FTI Consulting Inc. [FCN] stock
With the latest financial reports released by the company, FTI Consulting Inc. posted 0.81/share EPS, while the average EPS was predicted by analysts to be reported at 0.93/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -12.90%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for FCN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for FTI Consulting Inc. go to 7.87%.
FTI Consulting Inc. [FCN]: Insider Ownership positions
There are presently around $3,645 million, in the hands of institutional investors. The top three institutional holders of FCN stocks are: VANGUARD GROUP INC with ownership of 3,738,057, which is approximately -5.615% of the company’s market cap and around 0.70% of the total institutional ownership; BLACKROCK INC., holding 3,214,404 shares of the stock with an approximate value of $316.49 million in FCN stocks shares; and FMR LLC, currently with $307.01 million in FCN stock with ownership of nearly -13.157% of the company’s market capitalization.
Positions in FTI Consulting Inc. stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 158 institutional holders increased their position in FTI Consulting Inc. [NYSE:FCN] by around 5,493,919 shares. Additionally, 173 investors decreased positions by around 5,824,415 shares, while 23 investors held positions by with 25,705,369 shares. The mentioned changes placed institutional holdings at 37,023,703 shares, according to the latest SEC report filing. FCN stock had 77 new institutional investments in for a total of 2,402,231 shares, while 49 institutional investors sold positions of 405,768 shares during the same period.