Technipfmc Plc (NYSE:FTI) shares traded 1.71% up during most recent session to reach at the closing price of $31.45. The stock exchanged hands 2.99 Million shares versus average trading capacity of 3.79 Million shares, yielding a market cap of $14.67 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $35.91 within the next 52-weeks. The mean target projections are based on 22 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Technipfmc Plc (NYSE:FTI) high price target of $46 and with a conservative view have low price target of $21.
Seaport Global “Upgrades” Technipfmc Plc (NYSE:FTI) in a research note issued to investors on 4/20/17 to Buy with price target of $40.
Additionally on 2/27/17 JP Morgan “Upgrades” Technipfmc Plc (NYSE:FTI) to Overweight setting price target at $44 and on 2/06/17 Jefferies “Initiates Coverage On” the stock to Hold at $0. Furthermore on 2/01/17 Barclays “Initiates Coverage On” the stock to Equal-Weight at $0.
On the other hand the company has Relative Strength Index (RSI 14) of 48.36 along with Average True Range (ATR 14) of 0.72, Consequently Technipfmc Plc (NYSE:FTI)’s weekly and monthly volatility is 1.83%, 1.71% respectively. The company’s beta value is at 0.
In terms of Buy, Sell or Hold recommendations, Technipfmc Plc (NYSE:FTI) has analysts’ mean recommendation of 2.6. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
Previously Technipfmc Plc (NYSE:FTI) reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.12. The company posted an earnings surprise of 52.2%.
Technipfmc Plc (NYSE:FTI)’s revenue estimates for the current quarter are $1.11 Billion according to 23 number of analysts, for the current quarter the company has high revenue estimates of $1.2 Billion in contradiction of low revenue estimates of $1.05 Billion. For the current year the company’s revenue estimates are $4.56 Billion compared to low analyst estimates of $4.5 Billion and high estimates of $4.66 Billion according to 26 number of analysts.
Currently Technipfmc Plc (NYSE:FTI)’s shares owned by insiders are 0.5%, whereas shares owned by institutional owners are 41.2%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 0%.
Technipfmc Plc (NYSE:FTI) 52-week high price stands at $37.09 and low price stands at $24.00, its price distance from 52-week high is -15.21% while its distance from 52-week low price is 31.04%. The stock hit its 52-week high on 01/12/17, and 52-week low on 08/02/16.
Technipfmc Plc (NYSE:FTI)’s trailing twelve month revenues are $9.87 Billion, whereas its price to sales ratio for the same period is 1.52. Its book value per share for the most recent quarter is $29.05 while its price to book ratio for the same period is 1.08, as for as the company’s cash per share for the most recent quarter is $14.8, however its price to cash per share ratio for the same period is 2.13. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 18.87.