News headlines about TechnipFMC (NYSE:FTI) have trended somewhat positive on Saturday, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. TechnipFMC earned a news impact score of 0.19 on Accern’s scale. Accern also gave press coverage about the oil and gas company an impact score of 47.2548855592563 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the media headlines that may have impacted Accern’s analysis:
- Most Recent Update on Price Move: TechnipFMC plc (FTI) closed Monday at $30.22 with -1.34%, AU Optronics Corp … (talktraders.com)
- Stocks to Beat the Market Malaise: TechnipFMC plc (FTI), Sunstone Hotel Investors, Inc. (SHO) (gvtimes.com)
- Beacon Roofing Supply, Inc. (BECN), TechnipFMC plc (FTI): Scrutiny of these stocks (nmsunews.com)
- $0.38 EPS Expected for TechnipFMC PLC (FTI) This Quarter (americanbankingnews.com)
- TechnipFMC To Present At The Barclays Conference; Webcast At 12:25 PM (nasdaq.com)
TechnipFMC stock opened at $28.71 on Friday. TechnipFMC has a 12-month low of $24.53 and a 12-month high of $35.00. The firm has a market cap of $13.71 billion, a P/E ratio of 22.26, a PEG ratio of 2.21 and a beta of 0.88. The company has a current ratio of 1.29, a quick ratio of 1.17 and a debt-to-equity ratio of 0.29.
TechnipFMC (NYSE:FTI) last released its quarterly earnings results on Wednesday, July 25th. The oil and gas company reported $0.28 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.39 by ($0.11). TechnipFMC had a return on equity of 4.02% and a net margin of 1.21%. The firm had revenue of $2.96 billion for the quarter, compared to analysts’ expectations of $3.20 billion. During the same period last year, the firm earned $0.39 EPS. The business’s quarterly revenue was down 23.0% on a year-over-year basis. equities analysts expect that TechnipFMC will post 1.38 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Wednesday, September 5th. Investors of record on Tuesday, August 21st were paid a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 1.81%. The ex-dividend date of this dividend was Monday, August 20th. TechnipFMC’s dividend payout ratio (DPR) is 20.16%.
FTI has been the topic of several recent research reports. Wells Fargo & Co lifted their target price on shares of TechnipFMC from $37.00 to $44.00 and gave the company an “outperform” rating in a report on Thursday, May 24th. Credit Suisse Group initiated coverage on shares of TechnipFMC in a report on Tuesday, July 17th. They set an “outperform” rating and a $38.00 target price on the stock. BMO Capital Markets lifted their target price on shares of TechnipFMC from $34.00 to $35.00 and gave the company a “market perform” rating in a report on Monday, July 30th. Exane BNP Paribas initiated coverage on shares of TechnipFMC in a report on Thursday, June 21st. They set an “underperform” rating on the stock. Finally, BNP Paribas lowered shares of TechnipFMC from a “neutral” rating to an “underperform” rating in a report on Thursday, June 21st. Three analysts have rated the stock with a sell rating, six have issued a hold rating and sixteen have assigned a buy rating to the stock. TechnipFMC has an average rating of “Buy” and a consensus price target of $35.28.
In other news, Director John C. G. Oleary purchased 2,000 shares of the company’s stock in a transaction that occurred on Friday, June 15th. The shares were purchased at an average price of $27.53 per share, with a total value of $55,060.00. Following the purchase, the director now directly owns 12,455 shares of the company’s stock, valued at approximately $342,886.15. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.58% of the company’s stock.
TechnipFMC Company Profile
TechnipFMC plc engages in the oil and gas projects, technologies, and systems and services businesses. It operates through three segments: Subsea, Onshore/Offshore, and Surface Technologies. The Subsea segment manufactures and designs products and systems; performs engineering, procurement, and project management; and provides services used by oil and gas companies involved in deepwater exploration and production of crude oil and natural gas.
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