Wall Street analysts’ outlook for TechnipFMC plc (FTI)

With 3.84 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.79 million shares. During the session, the Oil & Gas Equipment & Services company that operates in wider Energy sector, reached to the highest price of $26.985 whereas the lowest price it dropped to was $26.2. The 52-week range on FTI shows that it touched its highest point at $29.85 and its lowest point at $18.33 during that stretch. It currently has a 1-year price target of $32.71. With its current market cap of 11.35 billion, FTI has annualized dividend of $0.20 while the current yield stands at 0.75%. Beta for the stock currently stands at 1.54.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of FTI was up-trending over the past week, with a rise of 3.21%, but this was down by -1.44% over a month. Three-month performance dropped to -1.37% while six-month performance rose 2.93%. The stock gained 24.02% in the past year, while it has gained 32.52% so far this year. A look at the trailing 12-month EPS for FTI yields 1.52 with Next year EPS estimates of 1.98. For the next quarter, that number is 0.34. This implies an EPS growth rate of 244.53% for this year and 27.68% for next year.

Float and Shares Shorts:

At present, 432.90 million FTI shares are outstanding with a float of 420.92 million shares on hand for trading. On 2024-10-15, short shares totaled 7.37 million, which was 172.0 higher than short shares on 1726185600. In addition to Mr. Douglas J. Pferdehirt as the firm’s CEO & Executive Chairman, Mr. Alf T. Melin serves as its Executive VP & CFO.

Institutional Ownership:

Through their ownership of 0.96449995 of FTI’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, FTI reported revenue of $2348400000.0 and operating income of $291000000.0. The EBITDA in the recently reported quarter was $392400000.0 and diluted EPS was $0.63.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for FTI since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.