TechnipFMC (FTI) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $28.36 to $29.18
• 50-Day Range: $25.15 to $31.95
• 52-Week Range: $18.33 to $32.64
• Volume: 7.24 million shs
• Average Volume: 4.01 million shs
• Market Capitalization: $12.29 billion
• P/E Ratio: 19.01
• Dividend Yield: 0.69%
• Price Target: $35.46
• Consensus Rating: Buy

TechnipFMC Stock Analysis - MarketRank™

TechnipFMC scored higher than 84% of companies evaluated by MarketBeat, and ranked 64th out of 270 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

TechnipFMC has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 12 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

TechnipFMC has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 24.84%

Earnings Growth

Earnings for TechnipFMC are expected to grow by 24.84% in the coming year, from $1.61 to $2.01 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of TechnipFMC is 19.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.72.

Price to Earnings Ratio vs. Sector

The P/E ratio of TechnipFMC is 19.01, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.74.

Price to Book Value per Share Ratio

TechnipFMC has a P/B Ratio of 3.97. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.63% 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 3.93%, indicating that investor sentiment is improving.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

TechnipFMC has a dividend yield of 0.65%, 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 9.95% next year. This indicates that TechnipFMC will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.63% 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 3.93%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 0.31

News Sentiment

TechnipFMC has a news sentiment score of 0.31. 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 is a lower news sentiment than the 0.68 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 20 news articles for TechnipFMC this week, compared to 8 articles on an average week.

Search Interest

9 people have searched for FTI on MarketBeat in the last 30 days. This is an increase of 125% compared to the previous 30 days.

MarketBeat Follows

9 people have added TechnipFMC to their MarketBeat watchlist in the last 30 days. This is an increase of 13% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

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.

FTI Stock Analysis - Frequently Asked Questions

How have FTI shares performed this year?

TechnipFMC's stock was trading at $20.14 at the start of the year. Since then, FTI shares have increased by 43.4% and is now trading at $28.89.
View the best growth stocks for 2024 here.

How were TechnipFMC's earnings last quarter?

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

How will TechnipFMC's stock buyback program work?

TechnipFMC's board initiated a share buyback program on Wednesday, October 23rd 2024, which authorizes the company to buy back $1,000,000,000 in outstanding shares, according to EventVestor. This means that the company could reacquire up to 9.2% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's leadership believes its shares are undervalued.

Does TechnipFMC have any subsidiaries?

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

Who are TechnipFMC's major shareholders?

Top institutional investors of TechnipFMC 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.

How do I buy shares of TechnipFMC?

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.

What other stocks do shareholders of TechnipFMC own?

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

• Last Earnings: 10/24/2024
• Ex-Dividend for 12/4 Dividend: 11/19/2024
• Dividend Payable: 12/04/2024
• Today: 12/20/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Oil & gas field machinery
• Sub-Industry: Oil & Gas Equipment & Services
• Current Symbol: NYSE:FTI
• CUSIP: 30249U10
• CIK: 1681459
• Web: www.technipfmc.com
• Phone: (281) 591-4000
• Fax: 281-591-4102
• Employees: 25,027
• Year Founded: 2017

Price Target and Rating

• Average Stock Price Target: $35.46
• High Stock Price Target: $42.00
• Low Stock Price Target: $30.00
• Potential Upside/Downside: +22.7%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 14 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.52
• Trailing P/E Ratio: 19.01
• Forward P/E Ratio: 17.94
• P/E Growth: N/A
• Net Income: $56.20 million
• Net Margins: 7.63%
• Pretax Margin: 9.44%
• Return on Equity: 20.11%
• Return on Assets: 6.68%

Debt

• Debt-to-Equity Ratio: 0.22
• Current Ratio: 1.14
• Quick Ratio: 0.89

Sales & Book Value

• Annual Sales: $8.79 billion
• Price / Sales: 1.40
• Cash Flow: $1.24 per share
• Price / Cash Flow: 23.25
• Book Value: $7.28 per share
• Price / Book: 3.97

Miscellaneous

• Outstanding Shares: 425,415,000
• Free Float: 420,906,000
• Market Cap: $12.29 billion
• Optionable: Optionable
• Beta: 1.54