TechnipFMC plc [FTI] stock prices are up 1.05% to $31.68 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The FTI shares have gain 9.09% over the last week, with a monthly amount glided 1.31%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
TechnipFMC plc [NYSE: FTI] stock has seen the most recent analyst activity on December 19, 2024, when Piper Sandler initiated its Overweight rating and assigned the stock a price target of $39. Previously, Goldman started tracking the stock with Buy rating on December 13, 2024, and set its price target to $38. On December 06, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $40 on the stock. RBC Capital Mkts started tracking the stock assigning a Outperform rating and suggested a price target of $37 on November 18, 2024. HSBC Securities upgraded its rating to a Buy but $32 remained the price target by the analyst firm on October 29, 2024. TD Cowen reiterated a Buy rating for this stock on October 25, 2024, and upped its price target to $37. In a note dated February 23, 2024, TD Cowen reiterated an Outperform rating on this stock and boosted its target price from $26 to $28.
The stock price of TechnipFMC plc [FTI] has been fluctuating between $18.33 and $32.64 over the past year. Currently, Wall Street analysts expect the stock to reach $35.57 within the next 12 months. TechnipFMC plc [NYSE: FTI] shares were valued at $31.68 at the most recent close of the market. An investor can expect a potential return of 12.28% based on the average FTI price forecast.
Analyzing the FTI fundamentals
The TechnipFMC plc [NYSE:FTI] reported sales of 8.78B for trailing twelve months, representing a surge of 14.43%. 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 31.25 points at the first support level, and at 30.82 for the second support level. However, for the 1st resistance point, the stock is sitting at 32.18, and for the 2nd resistance point, it is at 32.69.
Ratios To Look Out For
It’s worth pointing out that TechnipFMC plc [NYSE:FTI]’s Current Ratio is 1.14. In addition, the Quick Ratio stands at 0.87 and the Cash Ratio stands at 0.18. Considering the valuation of this stock, the price to sales ratio is 1.63, the price to book ratio is 4.13 and price to earnings (TTM) ratio is 20.85.
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.
