TechnipFMC plc [FTI] stock is trading at $26.48, up 2.40%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The FTI shares have gain 3.44% over the last week, with a monthly amount glided 4.83%, and seem to be holding up well over a long-time horizon.
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
From an analyst’s perspective:
TechnipFMC plc [NYSE: FTI] stock has seen the most recent analyst activity on October 25, 2024, when TD Cowen reiterated its Buy rating and also boosted its price target to $37 from $35. Previously, TD Cowen reaffirmed its Outperform rating on February 23, 2024, and elevated its price target to $28. On February 23, 2024, downgrade downgraded it’s rating to Hold. Exane BNP Paribas downgraded its rating to a Neutral but stick to its price target of $23.50 on November 06, 2023. Jefferies downgraded its rating to a Hold and raised its price target to $22 on October 13, 2023. Kepler downgraded its rating to Hold for this stock on August 01, 2023, but kept the price target unchanged to $19.50.
TechnipFMC plc [FTI] stock has fluctuated between $18.33 and $29.85 over the past year. Currently, Wall Street analysts expect the stock to reach $25.21 within the next 12 months. TechnipFMC plc [NYSE: FTI] shares were valued at $26.48 at the most recent close of the market. An investor can expect a potential drop of -4.8% based on the average FTI price forecast.
Analyzing the FTI fundamentals
TechnipFMC plc [NYSE:FTI] reported sales of 8.78B for the trailing twelve months, which represents a growth of 14.43%. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.2 and Total Capital is 0.17. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.21.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 26.17 points at the first support level, and at 25.85 for the second support level. However, for the 1st resistance point, the stock is sitting at 26.72, and for the 2nd resistance point, it is at 26.95.
Ratios To Look Out For
For context, TechnipFMC plc’s Current Ratio is 1.14. Further, the Quick Ratio stands at 0.87, while the Cash Ratio is 0.18. Considering the valuation of this stock, the price to sales ratio is 1.28, the price to book ratio is 3.46 and price to earnings (TTM) ratio is 17.42.
Transactions by insiders
Recent insider trading involved Light David, SVP & Chief Accounting Officer, that happened on Jun 26 ’24 when 5928.0 shares were sold. EVP & Chief Technology Officer, Rounce Justin completed a deal on Mar 04 ’24 to sell 0.33 million shares. Meanwhile, President, Surface Conti Thierry sold 9871.0 shares on Mar 01 ’24.
