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.
A number of analysts gave price targets for FTI. The most optimistic price target was 45, which equates to a potential upside of 62.22 percent. The minimum price target given was 22, implying potential capital losses of -20.69 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 1.35 percent. That number becomes 5.63 percent if we expand the time horizon to include the past 3 months instead of just one. 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.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 3 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 3 analysts that decreased their estimates. Also over the last month, 2 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
In the trailing 52-weeks, FTI hit 37.09 at the highest peak, while it's lowest trading point was 24.00. The current market price is above the trailing year's low by 15.58 percent, and below the high by 25.21 percent. FTI has a P/E 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.