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.
Investment analysts gave a few price targets for FTI. The most optimistic price target was 45, implying potential capital gains of 62.22 percent. The most pessimistic price target was 22, implying potential capital losses 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. 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. 3 analysts have revised their quarterly estimates upwards in the past 30 days, while 3 analysts revised their estimates downwards. 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 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 below the high by 25.21 percent. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.