TechnipFMC Stock Forecast, Price & News

TechnipFMC's stock was trading at $8.03 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, FTI shares have decreased by 20.7% and is now trading at $6.37.
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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 quarterly earnings data on Wednesday, July, 29th. The oil and gas company reported $0.09 EPS for the quarter, topping the Zacks' consensus estimate of $0.06 by $0.03. The oil and gas company had revenue of $3.16 billion for the quarter, compared to analysts' expectations 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 quarterly revenue was down 8.0% compared to the same quarter last year. 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 annualized dividend and a yield of 8.16%. The ex-dividend date of this dividend is Monday, March 23rd.
View TechnipFMC's dividend history.

TechnipFMC announced that its Board of Directors has authorized a stock repurchase program on Wednesday, December 12th 2018, which authorizes the company to repurchase $300,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 3.1% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its shares are undervalued.

TechnipFMC updated its FY 2020 After-Hours earnings guidance on Wednesday, July, 29th. The company provided earnings per share (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 analysts have issued 12-month price objectives for TechnipFMC's shares. Their forecasts range from $5.70 to $35.00. On average, they anticipate TechnipFMC's stock price to reach $14.90 in the next twelve months. This suggests a possible upside of 134.0% from the stock's current price.
View analysts' price targets for TechnipFMC.

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), Helix Energy Solutions Group (HLX), Oceaneering International (OII), Tidewater (TDW), Matrix Service (MTRX), Oil States International (OIS), Newpark Resources (NR), Natural Gas Services Group (NGS) and RigNet (RNET).
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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), NVIDIA (NVDA), Booking (BKNG), Intel (INTC) and Netflix (NFLX).

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 investors include Vanguard Group Inc. (6.70%), 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%) and Prudential Financial Inc. (1.23%). 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 First Eagle Investment Management LLC, Russell Investments Group Ltd., State of Wisconsin Investment Board, Vanguard Group Inc., Swiss National Bank, PDT Partners LLC, SG Americas Securities LLC, and Glenmede Trust Co. NA.
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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, Balyasny Asset Management LLC, Point72 Asset Management L.P., Duality Advisers LP, Two Sigma Advisers LP, and State of Tennessee Treasury Department. 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 $6.37.

TechnipFMC has a market capitalization of $2.85 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]