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 (WHO). Since then, FTI shares have increased by 7.1% and is now trading at $8.60.
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18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TechnipFMC in the last year. There are currently 2 sell ratings, 4 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 earnings per share for the quarter, topping analysts' consensus estimates of $0.06 by $0.03. The oil and gas company had revenue of $3.16 billion for 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 business's revenue for the quarter was down 8.0% on a year-over-year basis. During the same period last year, the business posted $0.39 earnings per share.
View TechnipFMC's earnings history.

TechnipFMC announced a quarterly dividend on Monday, February 24th. Stockholders 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 yield of 6.05%. The ex-dividend date of this dividend is Monday, March 23rd.
View TechnipFMC's dividend history.

TechnipFMC announced that its board has approved a stock repurchase program on Wednesday, December 12th 2018, which permits the company to repurchase $300,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 3.1% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board believes its shares are undervalued.

TechnipFMC issued an update on 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.

18 equities research analysts have issued 1 year target prices for TechnipFMC's stock. Their forecasts range from $5.70 to $35.00. On average, they anticipate TechnipFMC's share price to reach $15.28 in the next twelve months. This suggests a possible upside of 77.6% from the stock's current price.
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News articles about FTI stock have been trending negative on Thursday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. TechnipFMC earned a media sentiment score of -2.0 on InfoTrie's scale. They also assigned media coverage about the oil and gas company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future.
View the latest news about TechnipFMC.

TechnipFMC saw a increase in short interest in the month of July. As of July 15th, there was short interest totaling 18,090,000 shares, an increase of 35.8% from the June 30th total of 13,320,000 shares. Based on an average daily volume of 6,830,000 shares, the days-to-cover ratio is currently 2.6 days. Currently, 4.4% of the shares of the company are sold short.
View TechnipFMC's Current Options Chain.

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), Oil States International (OIS), Tidewater (TDW), 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), Intelsat (I), Booking (BKNG), Gilead Sciences (GILD), NVIDIA (NVDA), Cisco Systems (CSCO), General Electric (GE), Intel (INTC), Netflix (NFLX) and Adobe (ADBE).

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

TechnipFMC's stock is owned by a number of institutional and retail investors. Top institutional investors include Pzena Investment Management LLC (4.10%), ARGA Investment Management LP (0.85%), Russell Investments Group Ltd. (0.83%), Swiss National Bank (0.21%), Duality Advisers LP (0.18%) and Principal Financial Group Inc. (0.13%). 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 Russell Investments Group Ltd., Swiss National Bank, SG Americas Securities LLC, UBS Group AG, Robeco Institutional Asset Management B.V., Zurcher Kantonalbank Zurich Cantonalbank , Hartford Investment Management Co., and DekaBank Deutsche Girozentrale.
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FTI stock was bought by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, ARGA Investment Management LP, Duality Advisers LP, Deltec Asset Management LLC, Lapides Asset Management LLC, Exchange Traded Concepts LLC, Viking Fund Management LLC, 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 $8.60.

TechnipFMC has a market capitalization of $3.85 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]