FTS International Stock Forecast, Price & News

FTS International's stock was trading at $5.3040 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, FTSI shares have decreased by 38.9% and is now trading at $3.24.
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9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FTS International in the last year. There are currently 5 sell ratings and 4 hold ratings for the stock, resulting in a consensus recommendation of "Sell."
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FTS International is scheduled to release its next quarterly earnings announcement on Monday, November 2nd 2020.
View our earnings forecast for FTS International.

FTS International Inc (NYSE:FTSI) issued its quarterly earnings data on Monday, August, 10th. The company reported ($7.52) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($7.28) by $0.24. The firm earned $29.50 million during the quarter, compared to analyst estimates of $30.70 million. FTS International had a negative net margin of 16.92% and a negative return on equity of 290.64%.
View FTS International's earnings history.

FTS International's stock reverse split on the morning of Tuesday, May 12th 2020. The 1-20 reverse split was announced on Monday, May 11th 2020. The number of shares owned by shareholders was adjusted after the market closes on Monday, May 11th 2020. An investor that had 100 shares of FTS International stock prior to the reverse split would have 5 shares after the split.

9 brokerages have issued 1-year price objectives for FTS International's stock. Their forecasts range from $20.00 to $80.00. On average, they expect FTS International's stock price to reach $49.33 in the next year. This suggests a possible upside of 1,422.6% from the stock's current price.
View analysts' price targets for FTS International.

FTS International saw a decline in short interest in the month of September. As of September 15th, there was short interest totaling 212,200 shares, a decline of 18.0% from the August 31st total of 258,700 shares. Based on an average daily trading volume, of 232,500 shares, the days-to-cover ratio is currently 0.9 days. Approximately 6.0% of the company's shares are short sold.
View FTS International's Short Interest.

Some companies that are related to FTS International include Key Energy Services (KEGX), Nuverra Environmental Solutions (NES), CSI Compressco (CCLP), Ranger Energy Services (RNGR), Nine Energy Service (NINE), KLX Energy Services (KLXE), Quintana Energy Services (QES), NCS Multistage (NCSM), US Well Services (USWS), Basic Energy Services (BAS), Enservco (ENSV), Recon Technology (RCON), Basic Energy Services (BASX), Superior Energy Services (SPN) and Key Energy Services (KEG).
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Based on aggregate information from My MarketBeat watchlists, some companies that other FTS International investors own include Applied Materials (AMAT), Casa Systems (CASA), Corus Entertainment (CJREF), Nektar Therapeutics (NKTR), KLA (KLAC), Advanced Energy Industries (AEIS), Argan (AGX), SP Plus (SP), Lam Research (LRCX) and Acorda Therapeutics (ACOR).

(FTSI) raised $258 million in an initial public offering (IPO) on Friday, February 2nd 2018. The company issued 15,200,000 shares at $15.00-$19.00 per share. Credit Suisse, Morgan Stanley, Wells Fargo Securities, Barclays, Citigroup and Evercore ISI acted as the underwriters for the IPO and Guggenheim Securities, Simmons & Company International (Energy Specialists of Piper Jaffray), Tudor, Pickering, Holt and Cowen were co-managers.

FTS International trades on the New York Stock Exchange (NYSE) under the ticker symbol "FTSI."

FTS International's stock is owned by a number of institutional and retail investors. Top institutional investors include Q Global Advisors LLC (1.67%), Bridgeway Capital Management Inc. (1.57%), Jane Street Group LLC (0.61%), Bank of New York Mellon Corp (0.31%), Goldman Sachs Group Inc. (0.23%) and Denali Advisors LLC (0.14%).
View institutional ownership trends for FTS International.

FTSI stock was sold by a variety of institutional investors in the last quarter, including Q Global Advisors LLC, Goldman Sachs Group Inc., Bank of New York Mellon Corp, Denali Advisors LLC, and New York State Common Retirement Fund.
View insider buying and selling activity for FTS International.

FTSI stock was purchased by a variety of institutional investors in the last quarter, including Bridgeway Capital Management Inc., and Jane Street Group LLC.
View insider buying and selling activity for FTS International.

Shares of FTSI 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 FTSI stock can currently be purchased for approximately $3.24.

FTS International has a market capitalization of $17.43 million and generates $776.60 million in revenue each year. The company earns $-72,900,000.00 in net income (profit) each year or ($1.40) on an earnings per share basis. FTS International employs 1,250 workers across the globe.

The official website for FTS International is www.ftsi.com.

FTS International's mailing address is 777 MAIN STREET SUITE 2900, FORT WORTH TX, 76102. The company can be reached via phone at 817-862-2000 or via email at [email protected]