A share price of TechnipFMC plc [FTI] is currently trading at $31.52, up 0.67%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The FTI shares have gain 2.87% over the last week, with a monthly amount glided 19.94%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
TechnipFMC plc [NYSE: FTI] stock has seen the most recent analyst activity on November 18, 2024, when RBC Capital Mkts initiated its Outperform rating and assigned the stock a price target of $37. Previously, HSBC Securities upgraded its rating to Buy on October 29, 2024, and kept the price target unchanged to $32. On October 25, 2024, TD Cowen reiterated its Buy rating and revised its price target to $37 on the stock. TD Cowen reiterated its Outperform rating and increased its price target to $28 on February 23, 2024. HSBC Securities downgraded its rating to a Hold. Exane BNP Paribas downgraded its rating to Neutral for this stock on November 06, 2023, but kept the price target unchanged to $23.50. In a note dated October 13, 2023, Jefferies downgraded an Hold rating on this stock and boosted its target price from $18 to $22.
TechnipFMC plc experienced fluctuations in its stock price throughout the past year between $18.33 and $31.53. Currently, Wall Street analysts expect the stock to reach $27.53 within the next 12 months. TechnipFMC plc [NYSE: FTI] shares were valued at $31.52 at the most recent close of the market. An investor can expect a potential drop of -12.66% based on the average FTI price forecast.
Analyzing the FTI fundamentals
Trailing Twelve Months sales for TechnipFMC plc [NYSE:FTI] were 8.78B which represents 14.43% growth. Gross Profit Margin for this corporation currently stands at 0.19% 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 0.22 and Total Capital is 0.17. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.3.
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 31.23 points at the first support level, and at 30.93 for the second support level. However, for the 1st resistance point, the stock is sitting at 31.79, and for the 2nd resistance point, it is at 32.05.
Ratios To Look Out For
To put it in perspective, the Current Ratio for TechnipFMC plc [NYSE:FTI] is 1.14. As well, the Quick Ratio is 0.87, while the Cash Ratio is 0.18. Considering the valuation of this stock, the price to sales ratio is 1.53, the price to book ratio is 4.11 and price to earnings (TTM) ratio is 20.74.
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.
