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.
Several price targets were given for FTI by the analysts covering the stock. The most optimistic analyst gave a price target of 45, implying a possible profit of 62.22 percent. The lowest price target was 22, implying a possible loss of -20.69 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 1.35 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 5.63 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 2.51 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 24.69 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 3 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 3 analysts that decreased their estimates. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
FTI has traded between a high of 37.09 and a low of 24.00 over the past year. Today's price is 15.58 percent above the 52-week low, 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 market cap of FTI is $11.03 billion. FTI's next earnings release will be on 0000-00-00, which is days away.