TechnipFMC plc (FTI) concluded trading on Wednesday at a closing price of $32.45, with 5.25 million shares of worth about $170.47 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 15.89% during that period and on January 15, 2025 the price saw a loss of about -0.06%. Currently the company’s common shares owned by public are about 425.40M shares, out of which, 420.91M shares are available for trading.
Stock saw a price change of 0.84% in past 5 days and over the past one month there was a price change of 5.08%. Year-to-date (YTD), FTI shares are showing a performance of 12.13% which increased to 71.88% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $18.50 but also hit the highest price of $33.45 during that period. The average intraday trading volume for TechnipFMC plc shares is 3.51 million. The stock is currently trading 6.86% above its 20-day simple moving average (SMA20), while that difference is up 8.42% for SMA50 and it goes to 19.59% higher than SMA200.
TechnipFMC plc (NYSE: FTI) currently have 425.40M outstanding shares and institutions hold larger chunk of about 97.15% of that.
The stock has a current market capitalization of $13.80B and its 3Y-monthly beta is at 1.54. PE ratio of stock for trailing 12 months is 21.35, while it has posted earnings per share of $1.52 in the same period. Its PEG reads 1.07 and has Quick Ratio of 0.87 while making debt-to-equity ratio of 0.60. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for FTI, volatility over the week remained 2.96% while standing at 2.90% over the month.
Analysts are in expectations that TechnipFMC plc (FTI) stock would likely to be making an EPS of 0.36 in the current quarter, while forecast for next quarter EPS is 0.36 and it is 2.03 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.33 which is 0.39 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 0.14 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 265.45% while it is estimated to increase by 23.54% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Piper Sandler on December 19, 2024 offering an Overweight rating for the stock and assigned a target price of $39 to it. Coverage by Goldman stated TechnipFMC plc (FTI) stock as a Buy in their note to investors on December 13, 2024, suggesting a price target of $38 for the stock. On December 06, 2024, Jefferies Upgrade their recommendations, while on November 18, 2024, RBC Capital Mkts Initiated their ratings for the stock with a price target of $37. Stock get a Buy rating from HSBC Securities on October 29, 2024.
