TechnipFMC plc (NYSE: FTI) has a higher price-to-earnings ratio of 21.37x compared to its average ratio, The 36-month beta value for FTI is at 1.54. Analysts have varying views on the stock, with 15 analysts rating it as a “buy,” 5 rating it as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for FTI is 420.91M, and currently, shorts hold a 1.93% of that float. The average trading volume for FTI on January 15, 2025 was 3.52M shares.
FTI) stock’s latest price update
TechnipFMC plc (NYSE: FTI)’s stock price has increased by 0.71 compared to its previous closing price of 32.24. However, the company has seen a 2.49% increase in its stock price over the last five trading sessions. zacks.com reported 2025-01-14 that Does FMC Technologies (FTI) have what it takes to be a top stock pick for momentum investors? Let’s find out.
FTI’s Market Performance
TechnipFMC plc (FTI) has seen a 2.49% rise in stock performance for the week, with a 4.98% gain in the past month and a 17.43% surge in the past quarter. The volatility ratio for the week is 3.15%, and the volatility levels for the past 30 days are at 2.91% for FTI. The simple moving average for the past 20 days is 7.18% for FTI’s stock, with a 19.83% simple moving average for the past 200 days.
Analysts’ Opinion of FTI
Many brokerage firms have already submitted their reports for FTI stocks, with Piper Sandler repeating the rating for FTI by listing it as a “Overweight.” The predicted price for FTI in the upcoming period, according to Piper Sandler is $39 based on the research report published on December 19, 2024 of the previous year 2024.
Goldman, on the other hand, stated in their research note that they expect to see FTI reach a price target of $38. The rating they have provided for FTI stocks is “Buy” according to the report published on December 13th, 2024.
Jefferies gave a rating of “Buy” to FTI, setting the target price at $40 in the report published on December 06th of the previous year.
FTI Trading at 8.90% from the 50-Day Moving Average
After a stumble in the market that brought FTI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.93% of loss for the given period.
Volatility was left at 2.91%, however, over the last 30 days, the volatility rate increased by 3.15%, as shares surge +5.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +24.45% upper at present.
During the last 5 trading sessions, FTI rose by +2.49%, which changed the moving average for the period of 200-days by +28.19% in comparison to the 20-day moving average, which settled at $30.29. In addition, TechnipFMC plc saw 12.20% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FTI starting from Light David, who sale 5,928 shares at the price of $25.81 back on Jun 26 ’24. After this action, Light David now owns 11,534 shares of TechnipFMC plc, valued at $153,002 using the latest closing price.
Rounce Justin, the EVP & Chief Technology Officer of TechnipFMC plc, sale 329,469 shares at $21.87 during a trade that took place back on Mar 04 ’24, which means that Rounce Justin is holding 406,598 shares at $7,205,487 based on the most recent closing price.
Stock Fundamentals for FTI
Current profitability levels for the company are sitting at:
- 0.1 for the present operating margin
- 0.19 for the gross margin
The net margin for TechnipFMC plc stands at 0.08. The total capital return value is set at 0.17. Equity return is now at value 21.22, with 6.98 for asset returns.
Based on TechnipFMC plc (FTI), the company’s capital structure generated 0.37 points at debt to capital in total, while cash flow to debt ratio is standing at 0.55. The debt to equity ratio resting at 0.6. The interest coverage ratio of the stock is 8.39.
Currently, EBITDA for the company is 706.6 million with net debt to EBITDA at 0.86. When we switch over and look at the enterprise to sales, we see a ratio of 1.7. The receivables turnover for the company is 3.14for trailing twelve months and the total asset turnover is 0.9. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.14.
Conclusion
In conclusion, TechnipFMC plc (FTI) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
