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TechnipFMC (FTI) Stock Price, News & Analysis

TechnipFMC logo
$29.02 +0.25 (+0.87%)
(As of 11/20/2024 ET)

About TechnipFMC Stock (NYSE:FTI)

Key Stats

Today's Range
$28.72
$29.30
50-Day Range
$23.91
$29.14
52-Week Range
$18.33
$29.85
Volume
2.72 million shs
Average Volume
4.01 million shs
Market Capitalization
$12.35 billion
P/E Ratio
19.09
Dividend Yield
0.69%
Price Target
$33.91
Consensus Rating
Buy

Company Overview

TechnipFMC plc engages in the energy projects, technologies, and systems and services businesses in Europe, Central Asia, North America, Latin America, the Asia Pacific, Africa, the Middle East, and internationally. It operates through two segments: Subsea and Surface Technologies. The Subsea segment engages in the design, engineering, procurement, manufacturing, fabrication, installation, and life of field services for subsea systems, subsea field infrastructure, and subsea pipe systems used in oil and gas production and transportation. It provides subsea production and processing system; flexible pipe; subsea umbilicals, risers, and flowlines; vessels; robotics; well and asset services; and Subsea Studio for optimizing the development, execution, and operation of current and future subsea fields. The Surface Technologies segment designs, manufactures, and services products and systems used in land and shallow water exploration and production of crude oil and natural gas. This segment offers drilling; surface wellheads and production trees systems; iComplete, a pressure control system; fracturing tree and manifold systems; flexible pipes; safety and integrity systems, multiphase meter modules, in-line separation and processing systems, and standard pumps; well control and integrity systems; separation and processing systems; skid systems; and flow measurement and automation solutions. It also offers planning, testing and installation, commissioning, operations, replacement and upgrade, maintenance, storage, preservation, intervention, integrity, decommissioning, and abandonment; and supplies flowline products and services. TechnipFMC plc was founded in 1884 and is headquartered in Houston, Texas.

TechnipFMC Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
87th Percentile Overall Score

FTI MarketRank™: 

TechnipFMC scored higher than 87% of companies evaluated by MarketBeat, and ranked 39th out of 264 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    TechnipFMC has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 10 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    TechnipFMC has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about TechnipFMC's stock forecast and price target.
  • Earnings Growth

    Earnings for TechnipFMC are expected to grow by 25.81% in the coming year, from $1.55 to $1.95 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of TechnipFMC is 19.09, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.65.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of TechnipFMC is 19.09, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 17.32.

  • Price to Book Value per Share Ratio

    TechnipFMC has a P/B Ratio of 3.99. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about TechnipFMC's valuation and earnings.
  • Percentage of Shares Shorted

    1.53% of the float of TechnipFMC has been sold short.
  • Short Interest Ratio / Days to Cover

    TechnipFMC has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in TechnipFMC has recently decreased by 12.62%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    TechnipFMC has a dividend yield of 0.71%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    TechnipFMC does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of TechnipFMC is 13.16%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, TechnipFMC will have a dividend payout ratio of 10.26% next year. This indicates that TechnipFMC will be able to sustain or increase its dividend.

  • Read more about TechnipFMC's dividend.
  • Percentage of Shares Shorted

    1.53% of the float of TechnipFMC has been sold short.
  • Short Interest Ratio / Days to Cover

    TechnipFMC has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in TechnipFMC has recently decreased by 12.62%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    TechnipFMC has a news sentiment score of 0.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Oils/Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 16 news articles for TechnipFMC this week, compared to 7 articles on an average week.
  • Search Interest

    Only 4 people have searched for FTI on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days.
  • MarketBeat Follows

    11 people have added TechnipFMC to their MarketBeat watchlist in the last 30 days. This is an increase of 175% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, TechnipFMC insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.93% of the stock of TechnipFMC is held by insiders.

  • Percentage Held by Institutions

    96.58% of the stock of TechnipFMC is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about TechnipFMC's insider trading history.
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FTI Stock News Headlines

Money exchange stock buybacks
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The latest stock buyback programs will give investors a glimpse into which stocks insiders consider cheap and why they could rally.
TechnipFMC initiated with an Outperform at RBC Capital
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Expert options trader Graham Lindman has been working on a new way to tap into Nvidia’s options… By simply isolating outsized “acceleration cycles” within Nvidia stock (most investors don’t even know it exists)... And thanks to many months and late nights working out the kinks of the systems… They have finally found a way to target these cycles on Nvidia over and over again.
TechnipFMC awarded iEPCI contract by TotalEnergies
TechnipFMC price target raised to $35 from $34 at Citi
See More Headlines

FTI Stock Analysis - Frequently Asked Questions

TechnipFMC's stock was trading at $20.14 at the beginning of the year. Since then, FTI stock has increased by 44.1% and is now trading at $29.02.
View the best growth stocks for 2024 here
.

TechnipFMC plc (NYSE:FTI) issued its quarterly earnings data on Thursday, October, 24th. The oil and gas company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.39 by $0.25. The firm's revenue was up 14.2% compared to the same quarter last year.

TechnipFMC's board authorized a share repurchase plan on Wednesday, October 23rd 2024, which authorizes the company to buy back $1,000,000,000 in shares, according to EventVestor. This means that the company could repurchase up to 9.2% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's leadership believes its shares are undervalued.

TechnipFMC subsidiaries include these companies: Magma Global, Technip Odebrecht PLSV CV, FMC Technologies Inc, Hummingbird Technology, Inocean, Technip Zimmer, Shaw Energy & Chemicals, and more.

TechnipFMC's top institutional shareholders include FMR LLC (5.00%), Hardman Johnston Global Advisors LLC (2.12%), Massachusetts Financial Services Co. MA (1.98%) and State Street Corp (1.93%). Insiders that own company stock include Carvalho Filho Eleazar De and David Light.
View institutional ownership trends
.

Shares of FTI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that TechnipFMC investors own include Humana (HUM), NVIDIA (NVDA), Broadcom (AVGO), American Water Works (AWK), Meta Platforms (META), Arista Networks (ANET) and Adobe (ADBE).

Company Calendar

Ex-Dividend for 9/4 Dividend
8/20/2024
Dividend Payable
9/04/2024
Last Earnings
10/24/2024
Ex-Dividend for 12/4 Dividend
11/19/2024
Today
11/20/2024
Dividend Payable
12/04/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/27/2025

Industry, Sector and Symbol

Industry
Oil & gas field machinery
Sub-Industry
Oil & Gas Equipment & Services
CUSIP
30249U10
Employees
25,027
Year Founded
2017

Price Target and Rating

Average Stock Price Target
$33.91
High Stock Price Target
$37.00
Low Stock Price Target
$30.00
Potential Upside/Downside
+16.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
12 Analysts

Profitability

Net Income
$56.20 million
Pretax Margin
9.44%

Debt

Sales & Book Value

Annual Sales
$7.82 billion
Cash Flow
$1.37 per share
Book Value
$7.28 per share

Miscellaneous

Free Float
421,459,000
Market Cap
$12.34 billion
Optionable
Optionable
Beta
1.51

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This page (NYSE:FTI) was last updated on 11/21/2024 by MarketBeat.com Staff
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