Why Should You Put TechnipFMC plc (NYSE: FTI) On Your Portfolio?

Currently, there are 432.90M common shares owned by the public and among those 428.17M shares have been available to trade.

The company’s stock has a 5-day price change of 10.32% and 23.58% over the past three months. FTI shares are trading 22.05% year to date (YTD), with the 12-month market performance up to 94.00% higher. It has a 12-month low price of $12.04 and touched a high of $24.74 over the same period. FTI has an average intraday trading volume of 4.65 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 12.01%, 20.78%, and 27.15% respectively.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Institutional ownership of TechnipFMC plc (NYSE: FTI) shares accounts for 100.23% of the company’s 432.90M shares outstanding.

It has a market capitalization of $10.64B and a beta (3y monthly) value of 1.65. The stock’s trailing 12-month PE ratio is 203.48, while the earnings-per-share (ttm) stands at $0.12. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.19% over the week and 3.41% over the month.

Analysts forecast that TechnipFMC plc (FTI) will achieve an EPS of $0.16 for the current quarter, $0.3 for the next quarter and $1.82 for 2025. The lowest estimate earnings-per-share for the quarter is $0.12 while analysts give the company a high EPS estimate of $0.22. Comparatively, EPS for the current quarter was $0 a year ago. Earnings per share for the fiscal year are expected to increase by 156.36%, and 58.79% over the next financial year.

Looking at the support for the FTI, a number of firms have released research notes about the stock. TD Cowen stated their Outperform rating for the stock in a research note on February 23, 2024, with the firm’s price target at $26-$28. Exane BNP Paribas was of a view on November 06, 2023 that the stock is Neutral, while Jefferies gave the stock Hold rating on October 13, 2023, issuing a price target of $18- $22. Kepler on their part issued Hold rating on August 01, 2023.

Most Popular

Related Posts