FTI Consulting (FCN) Experiences Stock Dip Amid Strong Financial Performance

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Oct 30, 2024
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FTI Consulting (FCN, Financial) has seen a drop in its stock price, declining by 0.68% to $199.76 per share. The trading volume reached 68,494 shares, with a turnover rate of 0.19% and a price fluctuation of 1.83%.

According to the latest financial report, FTI Consulting achieved a revenue of $926 million, a net profit of $66.47 million, and earnings per share (EPS) of $1.88. The company reported a gross profit of $297 million and a price-to-earnings (P/E) ratio of 23.03.

In terms of analyst ratings, among the four institutions covering the stock, 50% recommend buying while the other 50% suggest holding, with no recommendations to sell.

Within the consulting services industry, which overall experienced a 1.17% increase, notable gainers included Huron Consulting, Verisk Analytics, and Aeries Technology, Inc. Meanwhile, VCI Global Limited, Roma Risk Consulting, and Greenpro Capital Corp. were actively traded. Stocks with significant price swings included SBC Medical Group Holdings Incorporated, Roma Risk Consulting, and Aeries Technology, Inc., with variations of 17.29%, 15.00%, and 12.13%, respectively.

FTI Consulting Inc is a company that provides professional business consulting services through five segments: Corporate Finance & Restructuring, Forensic and Litigation Consulting, Economic Consulting, Technology, and Strategic Communications. The majority of its revenue comes from its corporate finance sector, servicing clients across diverse industries such as construction, energy, healthcare, and telecommunications, primarily in the U.S.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.