TechnipFMC plc (NYSE:FTI) has a beta value of 1.10 and has seen 0.32 million shares traded in the recent trading session. The company, currently valued at $10.35B, closed the recent trade at $24.60 per share which meant it lost -$0.09 on the day or -0.36% during that session. The FTI stock price is -35.98% off its 52-week high price of $33.45 and 10.12% above the 52-week low of $22.11. If we look at the company’s 10-day average daily trading volume, we find that it stood at 5.51 million shares traded. The 3-month trading volume is 4.86 million shares.
The consensus among analysts is that TechnipFMC plc (FTI) is Buy stock at the moment, with a recommendation rating of 1.54. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 5 out of 16 have rated it as a Hold, with 10 advising it as a Buy. 0 have rated the stock as Underweight.
TechnipFMC plc (NYSE:FTI) trade information
Sporting -0.36% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the FTI stock price touched $24.60 or saw a rise of 5.86%. Year-to-date, TechnipFMC plc shares have moved -15.00%, while the 5-day performance has seen it change -3.04%. Over the past 30 days, the shares of TechnipFMC plc (NYSE:FTI) have changed -16.21%. Short interest in the company has seen 9.3 million shares shorted with days to cover at 1.6.
Wall Street analysts have a consensus price target for the stock at $37.5, which means that the shares’ value could jump 34.4% from the levels at last check today.. The projected low price target is $32.0 while the price target rests at a high of $43.0. In that case, then, we find that the latest price level in today’s session is -74.8% off the targeted high while a plunge would see the stock gain -30.08% from the levels at last check today..
TechnipFMC plc (FTI) estimates and forecasts
The company’s shares have lost -7.27% over the past 6 months.
Earnings growth for 2025 is a modest 13.02% while over the next 5 years, the company’s earnings are expected to increase by 15.15%.
FTI Dividends
TechnipFMC plc is expected to release its next earnings report on 2025-Feb-26 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.20 at a share yield of 0.81%. The company’s dividend yield has gone up over the past 12 months.
TechnipFMC plc (NYSE:FTI)’s Major holders
Insiders own 1.12% of the company shares, while shares held by institutions stand at 98.38% with a share float percentage of 99.50%. Investors are also buoyed by the number of investors in a company, with TechnipFMC plc having a total of 664.0 institutions that hold shares in the company. The top two institutional holders are PRICE T ROWE ASSOCIATES INC /MD/ with over 49.64 million shares worth more than $1.3 billion. As of 2024-06-30, PRICE T ROWE ASSOCIATES INC /MD/ held 11.5387% of shares outstanding.
The other major institutional holder is T. ROWE PRICE INVESTMENT MANAGEMENT, INC., with the holding of over 39.99 million shares as of 2024-06-30. The firm’s total holdings are worth over $1.05 billion and represent 9.2951% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and T. Rowe Price Mid-Cap Growth Fund, Inc. . As of Dec 31, 2024 , the former fund manager holds about 3.16% shares in the company for having 13.29 shares of worth $328.6 million while later fund manager owns 12.56 shares of worth $310.43 million as of Dec 31, 2024 , which makes it owner of about 2.99% of company’s outstanding stock.
