NYSE:FTITechnipFMC Stock Price, Forecast & News

TechnipFMC's stock was trading at $8.03 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, FTI shares have increased by 6.2% and is now trading at $8.53.
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19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TechnipFMC in the last year. There are currently 2 sell ratings, 5 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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TechnipFMC is scheduled to release its next quarterly earnings announcement on Wednesday, October 28th 2020.
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TechnipFMC PLC (NYSE:FTI) announced its earnings results on Wednesday, July, 29th. The oil and gas company reported $0.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.06 by $0.03. The oil and gas company earned $3.16 billion during the quarter, compared to the consensus estimate of $3.04 billion. TechnipFMC had a negative net margin of 42.22% and a positive return on equity of 0.93%. The company's revenue was down 8.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.39 earnings per share.
View TechnipFMC's earnings history.

TechnipFMC declared a quarterly dividend on Monday, February 24th. Investors of record on Tuesday, March 24th will be paid a dividend of $0.13 per share on Wednesday, April 8th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 6.10%. The ex-dividend date is Monday, March 23rd.
View TechnipFMC's dividend history.

TechnipFMC declared that its board has authorized a share buyback plan on Wednesday, December 12th 2018, which authorizes the company to buyback $300,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 3.1% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's board of directors believes its shares are undervalued.

TechnipFMC issued an update on its FY 2020 After-Hours earnings guidance on Wednesday, July, 29th. The company provided EPS guidance of for the period. The company issued revenue guidance of $12.55-13.55 billion, compared to the consensus revenue estimate of $12.76 billion.

19 equities research analysts have issued twelve-month price objectives for TechnipFMC's shares. Their forecasts range from $5.70 to $35.00. On average, they expect TechnipFMC's share price to reach $14.87 in the next year. This suggests a possible upside of 74.3% from the stock's current price.
View analysts' price targets for TechnipFMC.

Media stories about FTI stock have trended extremely negative on Thursday, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. TechnipFMC earned a media sentiment score of -4.1 on InfoTrie's scale. They also gave news stories about the oil and gas company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next several days.
View the latest news about TechnipFMC.

TechnipFMC saw a increase in short interest in June. As of June 30th, there was short interest totaling 13,320,000 shares, an increase of 45.9% from the June 15th total of 9,130,000 shares. Based on an average daily volume of 6,570,000 shares, the short-interest ratio is presently 2.0 days. Currently, 3.2% of the company's stock are sold short.
View TechnipFMC's Short Interest.

Some companies that are related to TechnipFMC include Schlumberger (SLB), Halliburton (HAL), National-Oilwell Varco (NOV), Dril-Quip (DRQ), RPC (RES), Helix Energy Solutions Group (HLX), Seacor (CKH), Oceaneering International (OII), Era Group (ERA), Tidewater (TDW), Oil States International (OIS), Matrix Service (MTRX), Newpark Resources (NR), Geospace Technologies (GEOS) and Natural Gas Services Group (NGS).
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Based on aggregate information from My MarketBeat watchlists, some companies that other TechnipFMC investors own include Bank of America (BAC), Delta Air Lines (DAL), Gilead Sciences (GILD), Boeing (BA), General Electric (GE), Intelsat (I), Intel (INTC), Netflix (NFLX), NVIDIA (NVDA) and Booking (BKNG).

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

TechnipFMC's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Pzena Investment Management LLC (4.10%), First Eagle Investment Management LLC (3.04%), Platinum Investment Management Ltd. (2.14%), Goldman Sachs Group Inc. (1.97%), Prudential Financial Inc. (1.23%) and ARGA Investment Management LP (0.85%). Company insiders that own TechnipFMC stock include Bradley D Beitler, Douglas J Pferdehirt, Maryann T Mannen and Olivier Piou.
View institutional ownership trends for TechnipFMC.

FTI stock was sold by a variety of institutional investors in the last quarter, including First Eagle Investment Management LLC, Russell Investments Group Ltd., State of Wisconsin Investment Board, Swiss National Bank, SG Americas Securities LLC, UBS Group AG, Robeco Institutional Asset Management B.V., and Zurcher Kantonalbank Zurich Cantonalbank.
View insider buying and selling activity for TechnipFMC.

FTI stock was bought by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, Prudential Financial Inc., ARGA Investment Management LP, Duality Advisers LP, State of Tennessee Treasury Department, Goldman Sachs Group Inc., Deltec Asset Management LLC, and Lapides Asset Management LLC. Company insiders that have bought TechnipFMC stock in the last two years include Douglas J Pferdehirt, and Olivier Piou.
View insider buying and selling activity for TechnipFMC.

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

One share of FTI stock can currently be purchased for approximately $8.53.

TechnipFMC has a market capitalization of $3.82 billion and generates $13.41 billion in revenue each year. The oil and gas company earns $-2,415,200,000.00 in net income (profit) each year or $0.74 on an earnings per share basis. TechnipFMC employs 37,000 workers across the globe.

The official website for TechnipFMC is www.technipfmc.com.

TechnipFMC's mailing address is ONE ST. PAUL`S CHURCHYARD, LONDON X0, EC4M 8AP. The oil and gas company can be reached via phone at 44-20-3429-3950 or via email at [email protected]