About FMC Technologies (NYSE:FTI)
FMC Technologies, Inc. is a global provider of technology solutions for the energy industry. The Company designs, manufactures and services a range of systems and products, including subsea production and processing systems, surface wellhead production systems, high pressure fluid control equipment, measurement solutions and marine loading systems. Its segments include Subsea Technologies, Surface Technologies and Energy Infrastructure. The Subsea Technologies segment designs and manufactures products and systems, and provides services used by oil and gas companies involved in deepwater exploration and production of crude oil and natural gas. The Surface Technologies segment designs and manufactures products and systems, and provides services used by oil and gas companies involved in land and offshore exploration, and production of crude oil and natural gas. The Energy Infrastructure segment's products and services include Measurement Solutions, Loading Systems and Separation Systems.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Oil & Gas Equipment & Services
- Sub-Industry: Oil & Gas Equipment & Services
- Symbol: NYSE:FTI
- CUSIP: 30249U10
- Web: www.technipfmc.com
- Market Cap: $11.66 billion
- Outstanding Shares: 467,222,000
- 50 Day Moving Avg: $26.80
- 200 Day Moving Avg: $28.41
- 52 Week Range: $24.53 - $36.14
Sales & Book Value:
- Trailing P/E Ratio: 30.18
- Foreward P/E Ratio: 17.21
- P/E Growth: 6.66
- Annual Revenue: $11.94 billion
- Price / Sales: 0.98
- Book Value: $29.01 per share
- Price / Book: 0.86
- EBITDA: $1.37 billion
- Return on Equity: 4.96%
- Return on Assets: 2.26%
- Debt-to-Equity Ratio: 0.24%
- Current Ratio: 1.21%
- Quick Ratio: 1.13%
- Average Volume: 3.02 million shs.
- Beta: 0.95
Frequently Asked Questions for FMC Technologies (NYSE:FTI)
What is FMC Technologies' stock symbol?
FMC Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "FTI."
How will FMC Technologies' stock buyback program work?
FMC Technologies declared that its board has authorized a stock buyback plan on Sunday, June 4th 2017, which allows the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 135% of its stock through open market purchases. Stock buyback plans are often a sign that the company's board of directors believes its stock is undervalued.
How were FMC Technologies' earnings last quarter?
FMC Technologies, Inc. (NYSE:FTI) announced its quarterly earnings data on Wednesday, July, 26th. The company reported $0.45 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.37 by $0.08. The firm earned $3.85 billion during the quarter, compared to the consensus estimate of $3.80 billion. View FMC Technologies' Earnings History.
Where is FMC Technologies' stock going? Where will FMC Technologies' stock price be in 2017?
18 equities research analysts have issued 1 year target prices for FMC Technologies' shares. Their predictions range from $22.00 to $46.00. On average, they expect FMC Technologies' share price to reach $35.26 in the next twelve months. View Analyst Ratings for FMC Technologies.
What are analysts saying about FMC Technologies stock?
Here are some recent quotes from research analysts about FMC Technologies stock:
- 1. BMO Capital Markets analysts commented, "We are introducing our new estimates for TechnipFMC, raising our target to $37, and remaining Market Perform-rated. We see upside to synergies and expect the company to maintain FMC's leading market share of 40%. However, we see risk of orders falling short of expectations coupled with declining revenue through 2018 and margin risk due to an increasingly competitive subsea environment. The bottom line is that the stock has historically traded with subsea orders and while we expect orders to increase 30-40% in 2017, much of this appears to be discounted." (3/1/2017)
- 2. Jefferies Group LLC analysts commented, "We retain a positive view on the strategic merit of the TechnipFMC merger, but now it is also a question of meeting/beating our previous TEC FP estimates combined with FTI US (transfer from Brad Handler)." (2/6/2017)
Who are some of FMC Technologies' key competitors?
Some companies that are related to FMC Technologies include Weatherford International PLC (WFT), Shawcor Ltd (SCL), Mullen Group Ltd (MTL), Enerflex Ltd (EFX), Pason Systems (PSI), Trican Well Service Ltd (TCW), Secure Energy Services (SES), Precision Drilling (PD), Total Energy Services (TOT), Basic Energy Services (BAS), Horizon North Logistics (HNL), High Arctic Energy Services (HWO), Key Energy Services (KEG), North American Energy Partners (NOA), Strad Energy Services Ltd (SDY), Essential Energy Services Ltd (ESN), McCoy Global (MCB) and Petrowest Corp (PRW).
Who owns FMC Technologies stock?
FMC Technologies' stock is owned by a number of of institutional and retail investors. Top institutional investors include APG Asset Management N.V. (1.55%), Strs Ohio (0.30%), State Treasurer State of Michigan (0.03%) and Oakbrook Investments LLC (0.00%). Company insiders that own FMC Technologies stock include Bradley D Beitler, Mark J Scott, Maryann T Mannen, Peter Mellbye, Richard G Alabaster and Sanjay Bhatia. View Institutional Ownership Trends for FMC Technologies.
Who sold FMC Technologies stock? Who is selling FMC Technologies stock?
FMC Technologies' stock was sold by a variety of institutional investors in the last quarter, including State Treasurer State of Michigan. Company insiders that have sold FMC Technologies stock in the last year include Bradley D Beitler, Mark J Scott, Maryann T Mannen, Peter Mellbye and Richard G Alabaster. View Insider Buying and Selling for FMC Technologies.
Who bought FMC Technologies stock? Who is buying FMC Technologies stock?
How do I buy FMC Technologies stock?
Shares of FMC Technologies can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is FMC Technologies' stock price today?
MarketBeat Community Rating for FMC Technologies (NYSE FTI)MarketBeat's community ratings are surveys of what our community members think about FMC Technologies and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of FMC Technologies stock can currently be purchased for approximately $24.96.
Consensus Ratings for FMC Technologies (NYSE:FTI) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 5 Hold Ratings, 12 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.61)|
|Consensus Price Target: ||$35.26 (41.28% upside)|Consensus Price Target History for FMC Technologies (NYSE:FTI)
Analysts' Ratings History for FMC Technologies (NYSE:FTI)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/20/2017||Gabelli||Upgrade||Hold -> Buy||$39.00||N/A|
|10/7/2017||Royal Bank Of Canada||Set Price Target||Buy||$45.00||N/A|
|10/6/2017||Cowen and Company||Set Price Target||Buy||$32.00||N/A|
|10/2/2017||Citigroup Inc.||Upgrade||Neutral -> Buy||$26.00 -> $30.00||Low|
|9/26/2017||Piper Jaffray Companies||Reiterated Rating||Buy||$31.50||Low|
|9/11/2017||HSBC Holdings plc||Initiated Coverage||Hold -> Hold||$26.00||Low|
|7/27/2017||Seaport Global Securities||Reiterated Rating||Neutral||Low|
|7/27/2017||Scotiabank||Set Price Target||Buy||$36.00||Low|
|7/14/2017||Jefferies Group LLC||Reiterated Rating||Hold||$31.00||Low|
|7/13/2017||Sanford C. Bernstein||Downgrade||Market Perform -> Underperform||$39.00 -> $22.00||Medium|
|6/22/2017||Morgan Stanley||Reiterated Rating||Overweight||$45.00 -> $43.00||Low|
|6/22/2017||BMO Capital Markets||Reiterated Rating||Hold||$35.00||Low|
|5/6/2017||Barclays PLC||Set Price Target||Hold||$33.00||Low|
|2/27/2017||J P Morgan Chase & Co||Upgrade||Neutral -> Overweight||$38.00 -> $44.00||N/A|
|1/25/2017||Credit Suisse Group||Initiated Coverage||Outperform||$40.00||N/A|
|1/24/2017||Goldman Sachs Group, Inc. (The)||Initiated Coverage||Buy||$40.00||N/A|
|11/23/2016||Griffin Securities||Upgrade||Neutral -> Buy||$46.00||N/A|
|8/25/2016||Capital One Financial Corporation||Upgrade||Equal Weight -> Overweight||$36.00||N/A|
|8/16/2016||Nomura||Set Price Target||Hold||$26.00||N/A|
|7/27/2016||FBR & Co||Lower Price Target||Mkt Perform||$28.00 -> $27.00||N/A|
|7/25/2016||Simmons||Reiterated Rating||Overweight||$27.00 -> $29.00||N/A|
|7/25/2016||Howard Weil||Lower Price Target||Sector Outperform||$35.00 -> $32.00||N/A|
|4/22/2016||Clarkson Capital||Downgrade||Buy -> Neutral||N/A|
|4/12/2016||Susquehanna Bancshares Inc||Lower Price Target||$34.00 -> $32.00||N/A|
|2/22/2016||Macquarie||Lower Price Target||Neutral||$28.00 -> $27.00||N/A|
|2/18/2016||KLR Group||Lower Price Target||Buy||$43.00 -> $40.00||N/A|
|2/18/2016||Iberia Capital||Lower Price Target||Outperform||$41.00 -> $34.00||N/A|
|2/18/2016||Evercore ISI||Boost Price Target||Buy||$27.00 -> $29.00||N/A|
|1/25/2016||Tudor Pickering||Downgrade||Accumulate -> Hold||N/A|
|1/21/2016||Robert W. Baird||Lower Price Target||$36.00 -> $29.00||N/A|
|1/11/2016||Oppenheimer Holdings, Inc.||Initiated Coverage||Market Perform -> Market Perform||N/A|
|1/8/2016||Societe Generale||Upgrade||Hold -> Buy||$36.00||N/A|
Earnings History for FMC Technologies (NYSE:FTI)Earnings History by Quarter for FMC Technologies (NYSE FTI)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/26/2017||Q2 2017||$0.37||$0.45||$3.80 billion||$3.85 billion||View||N/A|
|10/19/2016||Q316||$0.23||$0.35||$1.16 billion||$1.09 billion||View||N/A|
|7/20/2016||Q216||$0.30||$0.22||$1.26 billion||$1.20 billion||View||N/A|
|4/26/2016||Q116||$0.30||$0.22||$1.29 billion||$1.21 billion||View||N/A|
|2/16/2016||Q415||$0.48||$0.46||$1.58 billion||$1.43 billion||View||Listen|
|10/20/2015||Q315||$0.58||$0.61||$1.67 billion||$1.55 billion||View||Listen|
|7/21/2015||Q215||$0.61||$0.52||$1.72 billion||$1.70 billion||View||Listen|
|4/21/2015||Q115||$0.59||$0.63||$1.82 billion||$1.70 billion||View||N/A|
|2/10/2015||Q414||$0.78||$0.79||$2.09 billion||$2.16 billion||View||N/A|
|10/21/2014||Q314||$0.74||$0.72||$1.96 billion||$1.98 billion||View||Listen|
|7/22/2014||Q214||$0.63||$0.72||$1.92 billion||$1.99 billion||View||Listen|
|4/22/2014||Q114||$0.50||$0.57||$1.80 million||$1.82 billion||View||Listen|
|2/6/2014||Q413||$0.65||$0.79||$1.89 billion||$2.05 billion||View||Listen|
|10/23/2013||Q313||$0.59||$0.53||$1.75 billion||$1.72 billion||View||Listen|
|7/23/2013||Q2 2013||$0.47||$0.48||$1.64 billion||$1.71 billion||View||Listen|
|4/23/2013||Q1 2013||$0.47||$0.43||$1.59 billion||$1.65 billion||View||Listen|
|2/12/2013||Q4 2012||$0.57||$0.50||$1.72 billion||$1.84 billion||View||Listen|
Earnings Estimates for FMC Technologies (NYSE:FTI)
2017 EPS Consensus Estimate: $1.34
2018 EPS Consensus Estimate: $1.41
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for FMC Technologies (NYSE:FTI)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for FMC Technologies (NYSE:FTI)
Insider Ownership Percentage: 0.86%Insider Trades by Quarter for FMC Technologies (NYSE:FTI)
Institutional Ownership Percentage: 65.44%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|6/5/2017||Maryann T Mannen||CFO||Sell||6,500||$29.20||$189,800.00|| |
|5/22/2017||Bradley D Beitler||EVP||Sell||12,000||$32.00||$384,000.00|| |
|3/27/2017||Richard G Alabaster||Insider||Sell||8,000||$31.29||$250,320.00|| |
|3/16/2017||Mark J Scott||EVP||Sell||32,000||$31.87||$1,019,840.00|| |
|3/1/2017||Peter Mellbye||Director||Sell||10,140||$33.02||$334,822.80|| |
|8/22/2016||Sanjay Bhatia||VP||Sell||2,800||$28.44||$79,632.00|| |
|2/18/2016||Bradley D Beitler||VP||Sell||2,836||$24.64||$69,879.04|| |
|12/30/2015||Maryann T Mannen||CFO||Sell||8,500||$29.50||$250,750.00|| |
|7/23/2015||Doug Pferdehirt||COO||Buy||30,304||$33.00||$1,000,032.00|| |
|10/31/2014||Johan Fredrik Pfeiffer||VP||Sell||16,056||$55.01||$883,240.56|| |
|8/25/2014||Mark Joseph Scott||VP||Sell||7,355||$60.43||$444,462.65|| |
|7/29/2014||Jeffrey W Carr||SVP||Sell||25,613||$63.15||$1,617,460.95|| |
|7/28/2014||Tore Halvorsen||SVP||Sell||20,096||$63.30||$1,272,076.80|| |
|3/25/2014||Bradley Beitler||VP||Sell||2,800||$52.30||$146,440.00|| |
|7/31/2013||John T Gremp||CEO||Sell||46,000||$53.47||$2,459,620.00|| |
|5/10/2013||Tore Halvorsen||SVP||Sell||40,182||$55.71||$2,238,539.22|| |
|3/12/2013||John T Gremp||CEO||Sell||50,000||$51.59||$2,579,500.00|| |
|10/25/2012||Doug Pferdehirt||COO||Buy||18,750||$39.92||$748,500.00|| |
Headline Trends for FMC Technologies (NYSE:FTI)
Latest Headlines for FMC Technologies (NYSE:FTI)
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FMC Technologies (FTI) Chart for Monday, October, 23, 2017