TechnipFMC Stock Forecast, Price & News

TechnipFMC's stock was trading at $8.03 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, FTI shares have decreased by 15.4% and is now trading at $6.79.
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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) issued its quarterly earnings data on Wednesday, July, 29th. The oil and gas company reported $0.09 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.06 by $0.03. The oil and gas company earned $3.16 billion during 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 revenue for the quarter was down 8.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.39 EPS.
View TechnipFMC's earnings history.

TechnipFMC declared a quarterly dividend on Monday, February 24th. Shareholders 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 dividend yield of 7.66%. The ex-dividend date is Monday, March 23rd.
View TechnipFMC's dividend history.

TechnipFMC declared that its board has approved a share repurchase plan on Wednesday, December 12th 2018, which allows the company to buyback $300,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 3.1% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board 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 brokerages have issued 12-month target prices for TechnipFMC's stock. Their forecasts range from $5.70 to $35.00. On average, they expect TechnipFMC's share price to reach $14.90 in the next year. This suggests a possible upside of 119.5% 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), RPC (RES), Seacor (CKH), 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), Boeing (BA), Delta Air Lines (DAL), General Electric (GE), Gilead Sciences (GILD), NVIDIA (NVDA), Intelsat (I), Intel (INTC), Netflix (NFLX) and Booking (BKNG).

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

TechnipFMC's stock is owned by many different retail and institutional 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 $6.79.

TechnipFMC has a market capitalization of $3.04 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]