TechnipFMC - FTI Stock Forecast, Price & News

11 Wall Street equities research 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 equities research analysts is that investors should "buy" FTI shares.
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11 analysts have issued 1 year target prices for TechnipFMC's shares. Their FTI share price forecasts range from $8.00 to $17.00. On average, they predict the company's stock price to reach $12.95 in the next twelve months. This suggests that the stock has a possible downside of 3.0%.
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TechnipFMC's stock was trading at $12.19 at the beginning of 2023. Since then, FTI shares have increased by 9.4% and is now trading at $13.34.
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TechnipFMC saw a decline in short interest in the month of December. As of December 30th, there was short interest totaling 16,290,000 shares, a decline of 12.3% from the December 15th total of 18,570,000 shares. Based on an average daily trading volume, of 7,490,000 shares, the short-interest ratio is currently 2.2 days. Approximately 3.7% of the shares of the 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.
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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) posted its quarterly earnings data 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 the consensus estimate 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 period last year, the company posted $0.16 EPS.

TechnipFMC declared that its Board of Directors has approved a stock buyback program on Wednesday, July 27th 2022, which permits the company to buyback $400,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to buy up to 13.3% of its stock through open market purchases. Stock buyback 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 a variety of institutional and retail investors. Top institutional shareholders include Monaco Asset Management SAM (0.55%), Stephens Investment Management Group LLC (0.55%), Kopion Asset Management LLC (0.16%), CWA Asset Management Group LLC (0.14%), New York State Common Retirement Fund (0.11%) and Simplex Trading LLC (0.00%).
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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 $13.34.

TechnipFMC (NYSE:FTI) has a market capitalization of $5.96 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.