So Far This Year, FTI Consulting Inc. (FCN) Reached A New High 4 times

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As of Wednesday close, FTI Consulting Inc.’s (NYSE:FCN) stock was up $1.29, moving up 0.75 percent to $173.30. The average number of shares traded per day over the past five days has been 231,460 shares. 4 times new highs have been achieved over the past 5 days, with a $5.19 gain in that time frame. In the last twenty days, the average volume was 432,305, while in the previous 50 days, it was 370,244.

Since last month, FCN stock retreated -3.04%. Shares of the company fell to $140.09 on 10/28/22, the lowest level in the past month. A 52-week high of $190.43 was reached on 07/11/22 after having rallying from a 52-week low of $132.36. Since the beginning of this year, FCN’s stock price has risen by 12.96% or $19.88, and marked a new high 27 times. However, the stock has declined by -8.99% since its 52-week high.


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FCN stock investors should be aware that FTI Consulting Inc. (FCN) stock had its last reported insider trading activity 6 days ago on Nov 18. Ellis Vernon James, the Director of the company, disposed of 1,500 shares for $171.96 on Nov 18. It resulted in a $257,940 divestment by the insider. Costamagna Claudio sold 8,000 shares at an average price of $162.00 on Nov 08. The insider now owns 38,818 shares following the transaction. On Aug 19, Chief Financial Officer SABHERWAL AJAY sold 5,000 shares at $169.33 apiece. The transaction was valued at $846,650.

Valuation Metrics

Right now, FTI Consulting Inc. (FCN) has a P/E ratio of about 27.41. The stock’s beta is 0.23. Besides these, the trailing price-to-sales (P/S) ratio of 2.08, the price-to-book (PB) ratio of 3.56, and the price-to-cash flow ratio of 58.66 may also be considered.

Financial Health

In the three months ended September 29, FTI Consulting Inc.’s quick ratio stood at 2.10, while its current ratio was 2.10, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending September 29 was 0.19, and the total debt-to-equity ratio was 0.19. On the profitability front, the trailing twelve-month gross margin is 30.90% percent. In the year ended September 29, operating margins totaled 9.60%. Based on annual data, FCN earned $860.72 million in gross profit and brought in $2.78 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 13.20%. Return on equity (ROE) for the past 12 months was 14.00%.

In FTI Consulting Inc.’s quarter-end financial report for September 29, it reported total debt of $314.76 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. FCN’s revenue rose 9.49% to $754.99 million during the quarter, while net income inched up to $775.87 million. While analysts expected FTI Consulting Inc. to report $2.04 quarterly earnings, the actual figure was $2.15 per share, beating the consensus estimate by 5.40%. During the quarter, the company generated $99.5 million in EBITDA. The liabilities of FTI Consulting Inc. were 1.44 billion at the end of its most recent quarter ended September 29, and its total debt was $565.59 million. The value of shareholders’ equity is $34.42 million.

Technical Picture

This quick technical analysis looks at FTI Consulting Inc.’s (FCN) price momentum. With a historical volatility rate of 31.71%, the RSI 9-day stood at 60.73% on 23 November.

With respect to its five-day moving average, the current FTI Consulting Inc. price is up by +3.09% percent or $5.19. At present, FCN shares trade -1.65% below its 20-day simple moving average and -4.77% percent below its 100-day simple moving average. However, the stock is currently trading approximately +11.15% above its SMA50 and +15.57% above its SMA200.

Stochastic coefficient K was 92.12% and Stochastic coefficient D was 88.84%, while ATR was 5.53. Given the Stochastic reading of 97.52% for the 14-day period, the RSI (14) reading has been calculated as 56.61%. As of today, the MACD Oscillator reading stands at 3.22, while the 14-day reading stands at 5.37.

Analyst Ratings

Berenberg launched its rating on FTI Consulting Inc. (NYSE: FCN) to a Buy in a note to investors on May 06, 2021. FTI Consulting Inc. (FCN) has been rated Buy by analysts. According to 0 brokerage firms, FCN is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate FTI Consulting Inc. stock as buy, with 2 recommending it as overweight.

With a median target price of $220.00, the current consensus forecast for the stock is $220.00 – $220.00. Based on these forecasts, analysts predict FTI Consulting Inc. (FCN) will achieve an average price target of $220.00.

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