FTI Consulting Inc [FCN] Stock trading around $203.72 per share: What’s Next?

TANH

FTI Consulting Inc [NYSE: FCN] stock went on a downward path that fall over -0.04% on Wednesday, amounting to a one-week price increase of more than 2.38%.

Over the last 12 months, FCN stock dropped by -6.40%. The one-year FTI Consulting Inc stock forecast points to a potential upside of 16.34. The average equity rating for FCN stock is currently 1.50, trading closer to a bullish pattern in the stock market.

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The market cap for the stock reached $7.32 billion, with 35.52 million shares outstanding and 35.38 million shares in the current float. Compared to the average trading volume of 183.68K shares, FCN stock reached a trading volume of 129227 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on 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 $243.50 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 1.50. 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.

Goldman have made an estimate for FTI Consulting Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on January 11, 2023. While these analysts kept the previous recommendation, Berenberg raised their target price to Buy. The new note on the price target was released on May 06, 2021, representing the official price target for FTI Consulting Inc stock.

The Average True Range (ATR) for FTI Consulting Inc is set at 4.24, with the Price to Sales ratio for FCN stock in the period of the last 12 months amounting to 1.96. The Price to Book ratio for the last quarter was 3.25, with the Price to Cash per share for the same quarter was set at 10.75. Price to Free Cash Flow for FCN in the course of the last twelve months was 16.84 with Quick ratio for the last quarter at 2.08.

FCN Stock Performance Analysis:

FTI Consulting Inc [FCN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.38. With this latest performance, FCN shares gained by 1.29% in over the last four-week period, additionally sinking by -4.54% over the last 6 months – not to mention a drop of -6.40% 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 48.55, with the RSI for the last a single of trading hit 55.89, and the three-weeks RSI is set at 45.54 for FTI Consulting Inc [FCN]. The present Moving Average for the last 50 days of trading for this stock 213.27, while it was recorded at 202.33 for the last single week of trading, and 214.62 for the last 200 days.

Insight into FTI Consulting Inc Fundamentals:

FTI Consulting Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.08 and a Current Ratio set at 2.08.

FCN Stock EPS

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] Institutonal Ownership Details

There are presently around $97.88%, or 99.31%% of FCN stock, in the hands of institutional investors. The top three institutional holders of FCN stocks are: MAWER INVESTMENT MANAGEMENT LTD. with ownership of 3.79 million shares, which is approximately 10.8447%. VANGUARD GROUP INC, holding 3.53 million shares of the stock with an approximate value of $$761.09 million in FCN stocks shares; and VANGUARD GROUP INC, currently with $$732.92 million in FCN stock with ownership which is approximately 9.7222%.