Analyst Ratings for TechnipFMC PLC (FTI)Updated: 2017-07-27
Shares of TechnipFMC PLC (NYSE:FTI) have received a consensus rating of Overweight from Wall Street analysts. Last month, FTI received an average rating of Overweight.
Of the 33 analysts covering the stock, 16 gave it a buy rating, 1 gave an overweight rating, 13 issued a hold rating, 2 issued an underweight rating, and 1 issued a sell rating. Compared to three months ago, there has been an decrease of 4 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has decreased by 1.
Many analysts weighed in on price targets for FTI. The highest price target was 45, implying a possible profit of 62.22 percent. The most pessimistic price target was 22, which equates to a potential downside of -20.69 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 1.35 percent. The average change in earnings estimates over the last 90 days is 5.63 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 2.51 percent. If we look at the last 90 days instead, we find a net average change of 24.69 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 3 analysts increased their quarterly estimates, which can be compared to the 3 analysts that decreased their estimates. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
In the last 52-weeks, FTI has achieved a high of 37.09 and a low of 24.00. The current market price is above the trailing year's low by 15.58 percent, and 25.21 percent lower than its 52-week high. FTI has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The FTI value stock report compares FTI to some of its peers using value stock charts. The stock has a market capitalization of $11.03 billion. FTI will post this quarters earnings in days, on 0000-00-00.