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 price target was 45, which equates to a potential upside of 62.22 percent. The lowest price target was 22, implying potential capital losses of -20.69 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates upwards for this quarter, by about 1.35 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 5.63 percent. Meanwhile, fiscal year estimates have been revised upwards by 2.51 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 24.69 percent in FY estimates.
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, while 3 analysts made negative revisions. 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.
FTI has traded between a high of 37.09 and a low of 24.00 over the past year. Currently the stock is 15.58 percent higher than its 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 will post this quarters earnings in days, on 0000-00-00.