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NYSE:FTI

TechnipFMC (FTI) Stock Price, News & Analysis

$20.14
-0.11 (-0.54%)
(As of 12/29/2023 ET)
Today's Range
$20.12
$20.34
50-Day Range
$18.67
$22.44
52-Week Range
$11.34
$22.78
Volume
3.17 million shs
Average Volume
5.30 million shs
Market Capitalization
$8.77 billion
P/E Ratio
N/A
Dividend Yield
0.99%
Price Target
$23.23

TechnipFMC MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
15.3% Upside
$23.23 Price Target
Short Interest
Healthy
3.73% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.09mentions of TechnipFMC in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
145.65%
From $0.46 to $1.13 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.63 out of 5 stars

Oils/Energy Sector

58th out of 233 stocks

Oil & Gas Field Machinery Industry

4th out of 11 stocks


FTI stock logo

About TechnipFMC Stock (NYSE:FTI)

TechnipFMC plc engages in the oil and gas projects, technologies, and systems and services businesses in Europe, Central Asia, North and Latin America, the Asia Pacific, Africa, and the Middle East. The Subsea segment engages in the design, engineering, procurement, manufacturing, fabrication, installation, and life of field services for subsea systems, subsea field infrastructure, and subsea pipe systems used in oil and gas production and transportation. It provides subsea production and flexible pipe; subsea umbilicals, risers, and flowlines; vessels; and Subsea Studio for optimizing the development, execution, and operation of current and future subsea fields. This segment also offers well and asset services. The Surface Technologies segment designs, manufactures, and services products and systems used in land and shallow water exploration and production of crude oil and natural gas. This segment offers surface wellheads and production trees systems; iComplete, a pressure control system; fracturing tree and manifold systems; pressure pumping; safety and integrity systems, multiphase meter modules, in-line separation and processing systems, and standard pumps; well control and integrity systems, flowback and well testing services; skid systems; digital systems; and flow measurement and automation solutions. It also offers planning, testing and installation, commissioning, operations, replacement and upgrade, maintenance, storage, preservation, intervention, integrity, decommissioning, and abandonment; and supplies flexible lines and flowline products and services. TechnipFMC plc has a strategic alliance with Talos Energy Inc. to develop carbon transportation and storage services. The company was founded in 1884 and is based in Newcastle Upon Tyne, the United Kingdom.

FTI Stock Price History

FTI Stock News Headlines

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Brokerages Set TechnipFMC plc (NYSE:FTI) PT at $22.71
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TechnipFMC (FTI) Q3 Earnings and Sales Beat Estimates
TechnipFMC (FTI) Receives a Rating Update from a Top Analyst
TechnipFMC Plc (FTI) Q3 2023 Earnings Call Transcript
TechnipFMC plc Q3 Profit Increases, beats estimates
TechnipFMC Announces Third Quarter 2023 Results
TechnipFMC declares $0.05 dividend
See More Headlines
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Company Calendar

Last Earnings
10/26/2023
Ex-Dividend for 12/6 Dividend
11/20/2023
Dividend Payable
12/06/2023
Today
12/31/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/22/2024

Industry, Sector and Symbol

Industry
Oil & gas field machinery
Sub-Industry
Oil & Gas Equipment & Services
CUSIP
30249U10
Employees
23,346
Year Founded
2017

Price Target and Rating

Average Stock Price Target
$23.23
High Stock Price Target
$32.00
Low Stock Price Target
$15.00
Potential Upside/Downside
+15.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
12 Analysts

Profitability

Net Income
$-107,200,000.00
Pretax Margin
1.33%

Debt

Sales & Book Value

Annual Sales
$6.70 billion
Cash Flow
$0.82 per share
Book Value
$7.34 per share

Miscellaneous

Free Float
430,844,000
Market Cap
$8.77 billion
Optionable
Optionable
Beta
1.65

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Key Executives

  • Mr. Douglas J. Pferdehirt (Age 59)
    CEO & Executive Chairman
    Comp: $3.58M
  • Mr. Alf T. Melin (Age 53)
    Executive VP & CFO
    Comp: $1.49M
  • Mr. Justin J. Rounce (Age 56)
    Executive VP & CTO
    Comp: $1.41M
  • Mr. Jonathan Landes (Age 50)
    President of Subsea
    Comp: $1.23M
  • Ms. Krisztina Doroghazi (Age 51)
    Senior VP, Controller & Chief Accounting Officer
  • Matt Seinsheimer
    Vice President of Investor Relations
  • Ms. Cristina Aalders
    Executive VP, Secretary, Chief Compliance Officer & Chief Legal Officer
  • Nicola Cameron
    Vice President of Corporate Communications
  • Ms. Nisha P. Rai (Age 47)
    Executive Vice President of People & Culture
  • Mr. Tore H. Halvorsen (Age 68)
    Executive VP & Senior Advisor














FTI Stock Analysis - Frequently Asked Questions

Should I buy or sell TechnipFMC stock right now?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TechnipFMC in the last twelve months. There are currently 3 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" FTI shares.
View FTI analyst ratings
or view top-rated stocks.

What is TechnipFMC's stock price target for 2024?

12 Wall Street analysts have issued 1 year target prices for TechnipFMC's shares. Their FTI share price targets range from $15.00 to $32.00. On average, they expect the company's stock price to reach $23.23 in the next twelve months. This suggests a possible upside of 15.3% from the stock's current price.
View analysts price targets for FTI
or view top-rated stocks among Wall Street analysts.

How have FTI shares performed in 2023?

TechnipFMC's stock was trading at $12.19 at the beginning of 2023. Since then, FTI shares have increased by 65.2% and is now trading at $20.14.
View the best growth stocks for 2023 here
.

Are investors shorting TechnipFMC?

TechnipFMC saw a drop in short interest in the month of December. As of December 15th, there was short interest totaling 16,050,000 shares, a drop of 18.0% from the November 30th total of 19,570,000 shares. Based on an average trading volume of 5,350,000 shares, the short-interest ratio is currently 3.0 days. Approximately 3.7% of the shares of the stock are sold short.
View TechnipFMC's Short Interest
.

When is TechnipFMC's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 22nd 2024.
View our FTI earnings forecast
.

How were TechnipFMC's earnings last quarter?

TechnipFMC plc (NYSE:FTI) released its quarterly earnings results on Thursday, October, 26th. The oil and gas company reported $0.21 EPS for the quarter, topping analysts' consensus estimates of $0.19 by $0.02. The oil and gas company had revenue of $2.06 billion for the quarter, compared to analysts' expectations of $1.98 billion. TechnipFMC had a positive trailing twelve-month return on equity of 3.70% and a negative net margin of 0.46%. The business's quarterly revenue was up 18.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.03 EPS.

How often does TechnipFMC pay dividends? What is the dividend yield for TechnipFMC?

TechnipFMC declared a quarterly dividend on Tuesday, October 24th. Stockholders of record on Tuesday, November 21st will be given a dividend of $0.05 per share on Wednesday, December 6th. This represents a $0.20 annualized dividend and a yield of 0.99%. The ex-dividend date is Monday, November 20th.
Read our dividend analysis for FTI
.

Is TechnipFMC a good dividend stock?

TechnipFMC (NYSE:FTI) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.99%.
Read our dividend analysis for FTI.

How will TechnipFMC's stock buyback program work?

TechnipFMC announced that its Board of Directors has authorized a stock repurchase plan on Thursday, July 27th 2023, which authorizes the company to buyback $400,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 5.1% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its stock is undervalued.

What is John T. Gremp's approval rating as TechnipFMC's CEO?

308 employees have rated TechnipFMC Chief Executive Officer John T. Gremp on Glassdoor.com. John T. Gremp has an approval rating of 78% among the company's employees.

What other stocks do shareholders of TechnipFMC own?

Based on aggregate information from My MarketBeat watchlists, some companies that other TechnipFMC investors own include Bank of America (BAC), Boeing (BA), Delta Air Lines (DAL), General Electric (GE), Gilead Sciences (GILD), NVIDIA (NVDA), Intelsat (I), Intel (INTC), Advanced Micro Devices (AMD) and Cisco Systems (CSCO).

How do I buy shares of TechnipFMC?

Shares of FTI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does TechnipFMC have any subsidiaries?
The following companies are subsidiares of TechnipFMC: AABB Limited, Advanced Oil Services LLC, Agat Technology AS, Angeltech SGPS LDA., Angoflex Industrial Limitada, Argoflex SAS, Asiaflex Products Sdn. Bhd., CSO Oil & Gas Technology (West Africa) Ltd, Coflexip Stena Offshore (Mauritius) Ltd., Compagnie Française De Réalisations, Control Systems International (UK) Limited, Control Systems International Inc., Crosby Services International Ltd., CyXplus, Cybernetix, Cybernetix Produtos e Serviços do Brasil Ltda, Deep Purple AS, Dofcon Brasil AS, Eurodim, F.A. Sening GmbH, F.M.C Petroleum Services Ltd., FMC Eurasia LLC, FMC Kongsberg International GmbH, FMC Kongsberg Services Limited, FMC Kongsberg Subsea AS, FMC Petroleum Equipment (Malaysia) Sdn. Bhd., FMC Separation Systems B.V., FMC Subsea Service Inc., FMC Technologies (Ghana) Limited, FMC Technologies (Pty.) Ltd., FMC Technologies (Shanghai) Co. Ltd, FMC Technologies (Shenzhen) Co. Ltd., FMC Technologies (Vietnam) Co. Ltd., FMC Technologies Algeria SARL, FMC Technologies Argentina S.R.L., FMC Technologies Australia Limited, FMC Technologies B.V., FMC Technologies Brazil Finance B.V., FMC Technologies Cameroon SARL, FMC Technologies Egypt LLC, FMC Technologies Energy (Hong Kong) Limited, FMC Technologies Energy Holdings (Shanghai) Ltd., FMC Technologies Energy LLC, FMC Technologies Gabon S.A.R.L., FMC Technologies Global B.V., FMC Technologies Global Business Services Ltd, FMC Technologies Global Rental Tools S.a r.l, FMC Technologies Global Services Pte. Ltd., FMC Technologies Global Supply Sdn. Bhd., FMC Technologies GmbH, FMC Technologies Inc, FMC Technologies Inc., FMC Technologies India Private Limited, FMC Technologies International Services B.V., FMC Technologies Kazakhstan LLP, FMC Technologies Limited, FMC Technologies Measurement Solutions Inc., FMC Technologies Overseas Ltd., FMC Technologies Overseas SAS, FMC Technologies Pension Plan Ltd, FMC Technologies S.r.l. a socio unico, FMC Technologies SAS, FMC Technologies Saudi Arabia Limited, FMC Technologies Separation Systems Inc., FMC Technologies Service SARL, FMC Technologies Servicios Corporativos S. de R.L de C.V., FMC Technologies Singapore Pte. Ltd., FMC Technologies Sp.z.0.0., FMC Technologies Surface Integrated Services Inc., FMC Technologies Surface Wellhead B.V., FMC Technologies Tool Holdings S.a.r.l, FMC Technologies de México S.A. de R.L de C.V., FMC Technologies do Brasil Ltda, FMC Wellhead de Venezuela S.A., FMC/KOS West Africa Limited, FMX LLC, Flexi France SAS, Forsys Subsea Limited, GIL Mauritius Holdings Ltd, GLBL Brasil Oleodutos E Serviços Ltda., GNPC-Technip Engineering, Global Al Rushaid Offshore Ltd, Global Construction Mauritius Services Ltd, Global Industries, Global Industries Mexico Holdings S. de R.L. de C.V., Global Industries Offshore (Thailand) Ltd., Global Industries Offshore Spain S.L., Global Industries Services S. de R.L. de C.V., Global Offshore Mexico S. de R.L. de C.V., Global Pipelines Plus Nigeria Ltd., Global Vessels Mauritius Ltd., Global Vessels Mexico S. de R.L. de C.V., Hummingbird Technology, Industrielles Cofri SAS, Inocean, Lusotechnip Engenharia Sociedade, Magma Global, Magma Global Ltd, Neptune Maritime Nigeria Ltd., PT FMC Santana Petroleum Equipment Indonesia, PT FMC Technologies Subsea Indonesia, Schilling Robotics LLC, Schilling Robotics Limited, Seal Engineering SAS, Services Limited, Shaw Energy & Chemicals, Smith Meter GmbH, Spoolbase UK Limited, Stone & Webster Process Technologies, Subsea & C Services Limited, Subsea Maritime Services Limited, Subsea Offshore Services Limited, Subtec Asia Ltd, Subtec Middle East Ltd, TIOS AS, TIOS Crewing AS, TSLP B.V., Technip Angola-Engenharia Limitada, Technip Bolivar C.A, Technip Bolivar C.A., Technip Brasil - Engenharia Instalações e Apoio Marítimo Ltda., Technip Chartering Norge AS, Technip Energies BV, Technip FMC (Europe) Limited, Technip FMC Canada Limited, Technip FMC Cash B.V., Technip FMC DS V3 Limited, Technip FMC Equatorial Guinea SARL, Technip FMC Finance ULC, Technip FMC Gulf FZE, Technip FMC Guyana INC, Technip FMC International Finance Limited, Technip FMC International Holdings B.V., Technip FMC International UK Limited, Technip FMC Island Offshore UK Limited, Technip FMC Nigeria Limited, Technip FMC PLSV BV, Technip FMC PLSV CV, Technip FMC Pipelaying BV, Technip FMC US Holdings Inc., Technip FMC US LLC 1, Technip FMC US LLC 2, Technip FMC USA Inc, Technip FMC Umbilicals Inc., Technip Holding Benelux B.V., Technip Maritime UK Limited, Technip Middle East FZCO, Technip Mozambique Lda, Technip Myanmar Co. Ltd, Technip N-Power SAS, Technip Norge AS, Technip Oceania Pty Ltd, Technip Odebrecht PLSV CV, Technip Offshore (Nigeria) Ltd, Technip Offshore Contracting B.V., Technip Offshore Holdings Limited, Technip Offshore International SAS, Technip Offshore Manning Services Ltd, Technip Offshore N.V., Technip Services Limited, Technip Ships (Netherlands) B.V., Technip Ships One Ltd, Technip Singapore Pte. Ltd., Technip UK Limited, Technip Umbilicals Ltd, Technip Zimmer, Technip-Coflexip Norge AS, Technip-Coflexip UK Holdings Ltd, Technip-DeepOcean PRS JV DA, Technip-EPG B.V, Technip-EPG B.V., TechnipFMC Corporate Holdings Limited, The Red Adair Company L.L.C., Unipessoal Lda., and West Africa Subsea Services Limited.
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This page (NYSE:FTI) was last updated on 12/31/2023 by MarketBeat.com Staff

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