TechnipFMC - FTI Stock Forecast, Price & News

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TechnipFMC in the last twelve months. There are currently 11 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" FTI shares.
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11 equities research analysts have issued 12 month target prices for TechnipFMC's stock. Their FTI share price forecasts range from $8.00 to $17.00. On average, they expect the company's stock price to reach $12.95 in the next year. This suggests that the stock has a possible downside of 7.0%.
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TechnipFMC's stock was trading at $12.19 at the beginning of 2023. Since then, FTI stock has increased by 14.2% and is now trading at $13.92.
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TechnipFMC saw a drop in short interest in December. As of December 30th, there was short interest totaling 16,290,000 shares, a drop of 12.3% from the December 15th total of 18,570,000 shares. Based on an average trading volume of 7,490,000 shares, the short-interest ratio is presently 2.2 days. Approximately 3.7% of the shares of the stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
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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) issued its quarterly earnings results on Tuesday, October, 19th. The oil and gas company reported ($0.06) earnings per share for the quarter, missing analysts' consensus estimates of $0.02 by $0.08. The oil and gas company had revenue of $1.58 billion for the quarter, compared to analyst estimates of $1.67 billion. TechnipFMC had a negative net margin of 3.46% and a negative trailing twelve-month return on equity of 1.42%. The business's revenue for the quarter was down 8.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.16 earnings per share.

TechnipFMC announced that its Board of Directors has initiated a stock buyback program on Wednesday, July 27th 2022, which allows the company to repurchase $400,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 13.3% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's leadership believes its shares are undervalued.

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 many different institutional and retail investors. Top institutional shareholders include Hardman Johnston Global Advisors LLC (4.15%), Van ECK Associates Corp (2.10%), Pzena Investment Management LLC (1.65%), Thrivent Financial for Lutherans (0.62%), Monaco Asset Management SAM (0.55%) and Stephens Investment Management Group LLC (0.55%).
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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 $13.92.

TechnipFMC (NYSE:FTI) has a market capitalization of $6.21 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.