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NYSE:FTI

TechnipFMC (FTI) Stock Price, News & Analysis

$25.37
-0.12 (-0.47%)
(As of 09/18/2024 ET)

About TechnipFMC Stock (NYSE:FTI)

Key Stats

Today's Range
$25.23
$25.84
50-Day Range
$23.47
$29.52
52-Week Range
$18.33
$29.85
Volume
3.75 million shs
Average Volume
4.08 million shs
Market Capitalization
$10.93 billion
P/E Ratio
53.98
Dividend Yield
0.79%
Price Target
$29.38
Consensus Rating
Moderate 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

Overall MarketRank™: 78th Percentile

TechnipFMC scored higher than 78% of companies evaluated by MarketBeat, and ranked 101st out of 259 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 Moderate Buy. The company's average rating score is 2.75, and is based on 9 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    TechnipFMC has only been the subject of 2 research reports in the past 90 days.

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

    Earnings for TechnipFMC are expected to grow by 41.04% in the coming year, from $1.34 to $1.89 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of TechnipFMC is 53.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.09.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of TechnipFMC is 53.98, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.31.

  • Price to Book Value per Share Ratio

    TechnipFMC has a P/B Ratio of 3.48. 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

    1.72% 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 2, 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 4.19%, indicating that investor sentiment is improving.
  • Dividend Yield

    TechnipFMC has a dividend yield of 0.82%, 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 42.55%. 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 10.58% 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

    1.72% 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 2, 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 4.19%, indicating that investor sentiment is improving.
  • News Sentiment

    TechnipFMC has a news sentiment score of 1.07. 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 higher news sentiment than the 0.62 average news sentiment score of Oils/Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 11 news articles for TechnipFMC this week, compared to 6 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 -76% compared to the previous 30 days.
  • MarketBeat Follows

    Only 2 people have added TechnipFMC to their MarketBeat watchlist in the last 30 days. This is a decrease of -60% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, TechnipFMC insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $153,002.00 in company stock.

  • Percentage Held by Insiders

    Only 1.06% 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.

FTI Stock News Headlines

TechnipFMC (NYSE:FTI) Downgraded to Hold at StockNews.com
TechnipFMC: Should You Buy The Dip?
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(FTI) - Analyzing TechnipFMC's Short Interest
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 shares have increased by 26.0% and is now trading at $25.37.
View the best growth stocks for 2024 here
.

TechnipFMC plc (NYSE:FTI) released its quarterly earnings data on Thursday, July, 25th. The oil and gas company reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.12. The business's quarterly revenue was up 17.9% on a year-over-year basis.

TechnipFMC's Board of Directors initiated a stock buyback program on Thursday, July 27th 2023, which allows the company to repurchase $400,000,000 in shares, according to EventVestor. This means that the company could reacquire up to 5.1% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's leadership believes its stock is undervalued.

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

Top institutional shareholders of TechnipFMC include Massachusetts Financial Services Co. MA (2.03%), Dimensional Fund Advisors LP (1.24%), Van ECK Associates Corp (1.01%) and American Century Companies Inc. (0.87%). 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 Bank of America (BAC), Boeing (BA), Delta Air Lines (DAL), General Electric (GE), Gilead Sciences (GILD), NVIDIA (NVDA) and Intelsat (I).

Company Calendar

Last Earnings
7/25/2024
Ex-Dividend for 9/4 Dividend
8/20/2024
Dividend Payable
9/04/2024
Today
9/18/2024
Next Earnings (Confirmed)
10/24/2024
Fiscal Year End
12/31/2024

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
$29.38
High Stock Price Target
$35.00
Low Stock Price Target
$22.00
Potential Upside/Downside
+15.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
12 Analysts

Profitability

Net Income
$56.20 million
Pretax Margin
7.89%

Debt

Sales & Book Value

Annual Sales
$8.50 billion
Cash Flow
$1.43 per share
Book Value
$7.28 per share

Miscellaneous

Free Float
426,406,000
Market Cap
$10.96 billion
Optionable
Optionable
Beta
1.50

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This page (NYSE:FTI) was last updated on 9/18/2024 by MarketBeat.com Staff
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