TechnipFMC - FTI Stock Forecast, Price & News

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TechnipFMC in the last year. There are currently 11 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" FTI shares.
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11 Wall Street research analysts have issued 1 year target prices for TechnipFMC's stock. Their FTI share price forecasts range from $8.00 to $17.00. On average, they anticipate the company's stock price to reach $12.95 in the next year. This suggests that the stock has a possible downside of 5.2%.
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TechnipFMC's stock was trading at $12.19 at the beginning of the year. Since then, FTI shares have increased by 12.1% and is now trading at $13.66.
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TechnipFMC saw a decrease in short interest in the month of December. As of December 30th, there was short interest totaling 16,290,000 shares, a decrease of 12.3% from the December 15th total of 18,570,000 shares. Based on an average daily volume of 7,490,000 shares, the short-interest ratio is presently 2.2 days. Approximately 3.7% of the company's stock are sold short.
View TechnipFMC's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our FTI earnings forecast.

TechnipFMC will be holding an earnings conference call on Thursday, February 23rd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

TechnipFMC plc (NYSE:FTI) posted its quarterly earnings data on Tuesday, October, 19th. The oil and gas company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.02 by $0.08. The oil and gas company earned $1.58 billion during the quarter, compared to analyst estimates of $1.67 billion. TechnipFMC had a negative trailing twelve-month return on equity of 1.42% and a negative net margin of 3.46%. TechnipFMC's revenue was down 8.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.16 EPS.

TechnipFMC declared that its board has authorized a stock repurchase plan on Wednesday, July 27th 2022, which authorizes the company to buyback $400,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 13.3% of its shares through open market purchases. Shares buyback plans are often a sign that the company's management believes its shares are undervalued.

TechnipFMC issued an update on its FY 2022 earnings guidance on Wednesday, November, 2nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $6.35 billion-$6.90 billion, compared to the consensus revenue estimate of $6.61 billion.

308 employees have rated TechnipFMC Chief Executive Officer John T. Gremp on Glassdoor.com. John T. Gremp has an approval rating of 78% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other TechnipFMC investors own include Bank of America (BAC), Boeing (BA), Delta Air Lines (DAL), General Electric (GE), Gilead Sciences (GILD), NVIDIA (NVDA), Intelsat (I), Intel (INTC), Advanced Micro Devices (AMD) and Cisco Systems (CSCO).

TechnipFMC trades on the New York Stock Exchange (NYSE) under the ticker symbol "FTI."

TechnipFMC's stock is owned by a variety of institutional and retail investors. Top institutional investors include Stephens Investment Management Group LLC (0.55%), Kopion Asset Management LLC (0.16%), CWA Asset Management Group LLC (0.14%), Calamos Advisors LLC (0.04%), Connective Portfolio Management LLC (0.02%) and Fifth Third Bancorp (0.01%).
View institutional ownership trends.

Shares of FTI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of FTI stock can currently be purchased for approximately $13.66.

TechnipFMC (NYSE:FTI) has a market capitalization of $6.10 billion and generates $6.40 billion in revenue each year. The oil and gas company earns $13.30 million in net income (profit) each year or ($0.50) on an earnings per share basis.

The company employs 22,002 workers across the globe.

TechnipFMC's mailing address is ONE ST. PAUL`S CHURCHYARD, LONDON X0, EC4M 8AP. The official website for the company is www.technipfmc.com. The oil and gas company can be reached via phone at 441912950303, via email at investorrelations@technipfmc.com, or via fax at 281-591-4102.