TechnipFMC Stock Forecast, Price & News

TechnipFMC's stock was trading at $8.03 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, FTI stock has decreased by 31.1% and is now trading at $5.53.
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19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TechnipFMC in the last year. There are currently 1 sell rating, 6 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, February 24th 2021.
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TechnipFMC PLC (NYSE:FTI) released its quarterly earnings results on Wednesday, October, 21st. The oil and gas company reported $0.16 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.20 by $0.04. TechnipFMC had a positive return on equity of 0.93% and a negative net margin of 42.22%. During the same quarter in the previous year, the firm posted $0.12 EPS.
View TechnipFMC's earnings history.

TechnipFMC announced a quarterly dividend on Monday, February 24th. Shareholders of record on Tuesday, March 24th will be given 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 9.40%. The ex-dividend date of this dividend is Monday, March 23rd.
View TechnipFMC's dividend history.

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

TechnipFMC updated its FY 2020 After-Hours earnings guidance on Wednesday, October, 21st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $12.55-13.55 billion, compared to the consensus revenue estimate of $12.96 billion.

19 analysts have issued 1-year price targets for TechnipFMC's shares. Their forecasts range from $5.70 to $33.00. On average, they anticipate TechnipFMC's share price to reach $11.73 in the next year. This suggests a possible upside of 112.1% from the stock's current price.
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TechnipFMC saw a increase in short interest in September. As of September 30th, there was short interest totaling 17,050,000 shares, an increase of 21.9% from the September 15th total of 13,990,000 shares. Based on an average daily volume of 5,400,000 shares, the days-to-cover ratio is presently 3.2 days. Approximately 4.1% of the shares of the stock are short sold.
View TechnipFMC's Short Interest.

Some companies that are related to TechnipFMC include Schlumberger (SLB), Halliburton (HAL), National Oilwell Varco (NOV), Dril-Quip (DRQ), Seacor (CKH), RPC (RES), Era Group (ERA), Oceaneering International (OII), Helix Energy Solutions Group (HLX), Tidewater (TDW), Matrix Service (MTRX), Oil States International (OIS), Natural Gas Services Group (NGS), RigNet (RNET) and Geospace Technologies (GEOS).
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Based on aggregate information from My MarketBeat watchlists, some companies that other TechnipFMC investors own include Bank of America (BAC), The 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 many different retail and institutional investors. Top institutional investors include Pzena Investment Management LLC (5.45%), DekaBank Deutsche Girozentrale (0.14%), Deltec Asset Management LLC (0.13%), Viking Fund Management LLC (0.10%), Kopion Asset Management LLC (0.08%) and Xponance Inc. (0.07%). Company insiders that own TechnipFMC stock include 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 FNY Investment Advisers LLC, M&G Investment Management Ltd., Exchange Traded Concepts LLC, Nisa Investment Advisors LLC, KBC Group NV, State of New Jersey Common Pension Fund D, Retirement Systems of Alabama, and Crossmark Global Holdings Inc..
View insider buying and selling activity for TechnipFMC.

FTI stock was acquired by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, DekaBank Deutsche Girozentrale, Deltec Asset Management LLC, Xponance Inc., Viking Fund Management LLC, Alberta Investment Management Corp, BNP Paribas Arbitrage SA, and Kopion 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 $5.53.

TechnipFMC has a market capitalization of $2.48 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]