TechnipFMC plc (NYSE:FTI) has a beta value of 1.65 and has seen 4.24 million shares traded in the last trading session. The company, currently valued at $11.04B, closed the last trade at $25.62 per share which meant it lost -$0.98 on the day or -3.68% during that session. The FTI stock price is -6.4% off its 52-week high price of $27.26 and 50.66% above the 52-week low of $12.64. The 3-month trading volume is 4.87 million shares.
TechnipFMC plc (NYSE:FTI) trade information
Sporting -3.68% in the red in last session, the stock has traded in the red over the last five days, when the FTI stock price touched $25.62 or saw a rise of 5.15%. Year-to-date, TechnipFMC plc shares have moved 27.21%, while the 5-day performance has seen it change -0.85%. Over the past 30 days, the shares of TechnipFMC plc (NYSE:FTI) have changed 0.51%.
TechnipFMC plc (FTI) estimates and forecasts
Figures show that TechnipFMC plc shares have outperformed across the wider relevant industry. The company’s shares have gained 18.61% over the past 6 months, with this year growth rate of 155.56%, compared to -0.50% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 200.00% and 71.40% for the next quarter. Revenue growth from the last financial year stood is estimated to be 12.10%.
15 analysts offering their estimates for the company have set an average revenue estimate of $2.21 billion for the current quarter. 15 have an estimated revenue figure of $2.31 billion for the next quarter concluding in Sep 2024. Year-ago sales stood $1.97 billion and $1.98 billion respectively for this quarter and the next, and analysts expect sales will grow by 12.00% for the current quarter and 16.60% for the next.
Earnings growth for 2024 is a modest 159.73% while over the next 5 years, the company’s earnings are expected to decrease by -2.90%.
FTI Dividends
TechnipFMC plc is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.15 at a share yield of 0.59%. The company’s dividend yield has gone up over the past 12 months.
