Last Updated: 08 Nov 2024
Executive Summary
FTI Consulting Inc. (FCN) is a leading global business advisory firm providing consulting services in the areas of corporate finance, restructuring, litigation support, and technology. The company has a strong financial performance with a market capitalization of $7.36 billion, EBITDA of $461.15 million, and EPS of $8.72. FTI Consulting has a trailing PE ratio of 23.5 and a PEG ratio of 1.61, indicating that the stock is fairly valued. The company's latest stock price is $204.88, which is above its 50-day and 200-day moving averages.
Company Overview
FTI Consulting was founded in 1982 and is headquartered in Washington, D.C. The company has over 6,000 employees and operates in over 30 countries. FTI Consulting's clients include Fortune 500 companies, financial institutions, law firms, and government agencies. The company's services are designed to help clients manage change, mitigate risk, and resolve disputes.
Fundamental Analysis
FTI Consulting has a strong financial performance. The company's revenue has grown at a CAGR of 7.5% over the past five years. In the latest quarter, the company reported revenue of $3.73 billion, a 3.7% increase year-over-year. FTI Consulting's EBITDA margin has also been improving, reaching 12.4% in the latest quarter. The company's net income has grown at a CAGR of 10.2% over the past five years.
FTI Consulting has a strong balance sheet with $1.1 billion in cash and equivalents and $1.7 billion in debt. The company's debt-to-equity ratio is 0.6, which is below the industry average. FTI Consulting also has a strong cash flow from operations, which has been used to fund the company's growth and acquisitions.
Technical Analysis
FTI Consulting's stock price has been trending higher in recent months. The stock broke out of a resistance level at $200 in early October and has since reached a high of $243.6. The stock is currently trading above its 50-day and 200-day moving averages, which is a bullish sign. The stock's relative strength index (RSI) is also above 50, which indicates that the stock is not overbought.
Short Term Outlook
FTI Consulting's stock price is expected to continue to trend higher in the short term. The company has a strong financial performance and the stock is trading above its key moving averages. The stock's RSI is also above 50, which indicates that the stock is not overbought.
Long Term Outlook
FTI Consulting is a well-positioned company with a strong track record of growth. The company's services are in high demand and the company has a strong balance sheet. FTI Consulting is expected to continue to grow in the long term.
Analyst Recommendations
Analysts have a positive outlook on FTI Consulting. The consensus analyst rating is "Buy" and the average analyst target price is $246.5.
