TechnipFMC plc (NYSE:FTI)’s traded shares stood at 0.85 million during the latest session, with the company’s beta value hitting 1.07. At the last check today, the stock’s price was $29.48, to imply a decrease of -1.34% or -$0.4 in intraday trading. The FTI share’s 52-week high remains $33.45, putting it -13.47% down since that peak but still an impressive 25.0% since price per share fell to its 52-week low of $22.11.
Analysts have given a consensus recommendation of Buy for TechnipFMC plc (FTI), translating to a mean rating of 1.68. Of 16 analyst(s) looking at the stock, 1 analyst(s) give FTI a Sell rating. 0 of those analysts rate the stock as Overweight while 5 advise Hold as 10 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.58.
TechnipFMC plc (NYSE:FTI) trade information
After registering a -1.34% downside in the latest session, TechnipFMC plc (FTI) has traded red over the past five days. The 5-day price performance for the stock is -6.57%, and 17.77% over 30 days. With these gigs, the year-to-date price performance is 1.86%.
The extremes give us $38 and $43 for target low and target high price respectively. As such, FTI has been trading -45.86% off suggested target high and -28.9% from its likely low.
TechnipFMC plc (FTI) estimates and forecasts
The rating firms project that company’s revenue will grow 8.43% compared to the previous financial year.
Revenue forecast for the current quarter as set by 16 analysts is 2.5B. Meanwhile, for the current quarter, a total of 16 analyst(s) estimate revenue growth to 2.59B.Earnings reports from the last fiscal year show that sales brought in 2.33B and 2.35B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 7.31% before jumping 10.10% in the following quarter.
FTI Dividends
TechnipFMC plc has its next earnings report out in June. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. TechnipFMC plc has a forward dividend ratio of 0.20, with the share yield ticking at 0.68% to continue the rising pattern observed over the past year.
The next major institution holding the largest number of shares is T. ROWE PRICE INVESTMENT MANAGEMENT, INC. with 39.99 million shares, or about 9.2951% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $1.05 billion.
We also have VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and T. Rowe Price Mid-Cap Growth Fund, Inc. as the top two Mutual Funds with the largest holdings of the TechnipFMC plc (FTI) shares. Going by data provided on Dec 31, 2024 , VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund holds roughly 13.29 shares. This is just over 3.17% of the total shares, with a market valuation of $390.08 million. Data from the same date shows that the other fund manager holds a little less at 12.56, or 3.00% of the shares, all valued at about 368.51 million.
