Press coverage about TechnipFMC plc Ordinary Share (NYSE:FTI) has trended somewhat positive recently, Accern Sentiment reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. TechnipFMC plc Ordinary Share earned a news sentiment score of 0.21 on Accern’s scale. Accern also gave press coverage about the oil and gas company an impact score of 46.1042699986721 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Several equities analysts recently issued reports on FTI shares. Morgan Stanley reissued a “buy” rating on shares of TechnipFMC plc Ordinary Share in a report on Wednesday, December 6th. Barclays lowered their price target on shares of TechnipFMC plc Ordinary Share from $30.00 to $28.00 and set an “equal weight” rating for the company in a research report on Friday, October 27th. Tudor Pickering upgraded shares of TechnipFMC plc Ordinary Share from a “hold” rating to a “buy” rating in a report on Wednesday, November 29th. Societe Generale began coverage on shares of TechnipFMC plc Ordinary Share in a report on Thursday, November 16th. They issued a “buy” rating and a $38.00 price target for the company. Finally, HSBC lowered shares of TechnipFMC plc Ordinary Share from a “hold” rating to a “reduce” rating and set a $26.00 price objective on the stock. in a research report on Wednesday, November 15th. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and fourteen have issued a buy rating to the stock. TechnipFMC plc Ordinary Share presently has a consensus rating of “Hold” and a consensus target price of $33.03.
Shares of TechnipFMC plc Ordinary Share (FTI) opened at $32.83 on Thursday. TechnipFMC plc Ordinary Share has a 52 week low of $24.53 and a 52 week high of $37.09. The company has a market capitalization of $15,100.00 and a price-to-earnings ratio of -41.04. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.14 and a current ratio of 1.22.
TechnipFMC plc Ordinary Share (NYSE:FTI) last posted its earnings results on Wednesday, October 25th. The oil and gas company reported $0.39 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.46 by ($0.07). The business had revenue of $4.14 billion during the quarter, compared to analyst estimates of $3.87 billion. The firm’s quarterly revenue was up 74.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.22 earnings per share. research analysts predict that TechnipFMC plc Ordinary Share will post 1.61 earnings per share for the current fiscal year.
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About TechnipFMC plc Ordinary Share
FMC Technologies, Inc is a global provider of technology solutions for the energy industry. The Company designs, manufactures and services a range of systems and products, including subsea production and processing systems, surface wellhead production systems, high pressure fluid control equipment, measurement solutions and marine loading systems.
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