Equities Analysts Offer Predictions for TechnipFMC plc’s FY2025 Earnings (NYSE:FTI)

TechnipFMC plc (NYSE:FTI – Get Rating) – Analysts at Zacks Research issued their FY2025 earnings per share estimates for shares of TechnipFMC in a report released on Thursday, March 9th. Zacks Research analyst N. Choudhury anticipates that the oil and gas company will earn $0.93 per share for the year. The consensus estimate for TechnipFMC’s current full-year earnings is $0.52 per share.

TechnipFMC (NYSE:FTI – Get Rating) last issued its earnings results on Thursday, February 23rd. The oil and gas company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.08). The firm had revenue of $1.69 billion during the quarter, compared to analyst estimates of $1.67 billion. TechnipFMC had a negative return on equity of 0.38% and a negative net margin of 1.60%. TechnipFMC’s revenue for the quarter was up 11.2% on a year-over-year basis. During the same period in the previous year, the company earned ($0.12) EPS.

Other analysts have also recently issued reports about the company. Benchmark initiated coverage on TechnipFMC in a report on Thursday, January 19th. They issued a “buy” rating and a $15.00 price target for the company. Piper Sandler increased their price target on TechnipFMC from $13.00 to $17.00 and gave the stock an “overweight” rating in a research report on Friday, November 18th. Barclays increased their price target on TechnipFMC from $14.00 to $20.00 and gave the company an “overweight” rating in a research note on Monday, February 27th. Citigroup raised their price objective on shares of TechnipFMC from $18.00 to $20.00 and gave the company a “buy” rating in a research note on Tuesday, February 28th. Finally, BTIG Research increased their target price on TechnipFMC from $15.00 to $18.00 and gave the company a “buy” rating in a research note on Friday, February 24th. One equities research analyst has rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $15.45.

TechnipFMC Stock Down 1.3 %

TechnipFMC stock opened at $14.54 on Monday. The stock has a market cap of $6.43 billion, a PE ratio of -63.22 and a beta of 1.75. The stock has a fifty day moving average of $13.65 and a 200 day moving average of $11.59. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.95 and a current ratio of 1.20. TechnipFMC has a one year low of $5.47 and a one year high of $16.03.

Institutional Trading of TechnipFMC

Several institutional investors have recently added to or reduced their stakes in FTI. Price T Rowe Associates Inc. MD raised its position in shares of TechnipFMC by 7.1% during the second quarter. Price T Rowe Associates Inc. MD now owns 64,762,957 shares of the oil and gas company’s stock worth $435,855,000 after acquiring an additional 4,293,102 shares during the last quarter. FMR LLC increased its position in shares of TechnipFMC by 40.8% during the second quarter. FMR LLC now owns 45,221,055 shares of the oil and gas company’s stock worth $304,337,000 after acquiring an additional 13,097,003 shares in the last quarter. Pzena Investment Management LLC grew its position in TechnipFMC by 0.3% in the 3rd quarter. Pzena Investment Management LLC now owns 26,367,730 shares of the oil and gas company’s stock worth $223,071,000 after purchasing an additional 70,388 shares in the last quarter. William Blair Investment Management LLC lifted its stake in shares of TechnipFMC by 5.4% during the 4th quarter. William Blair Investment Management LLC now owns 21,822,339 shares of the oil and gas company’s stock valued at $266,014,000 after buying an additional 1,123,501 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in TechnipFMC by 7.0% during the third quarter. Dimensional Fund Advisors LP now owns 19,839,223 shares of the oil and gas company’s stock worth $167,839,000 after purchasing an additional 1,296,637 shares during the last quarter. 94.52% of the stock is owned by institutional investors and hedge funds.

TechnipFMC Company Profile

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TechnipFMC plc is an energy service company, which engages in the provision of solutions for the production and transformation of hydrocarbons. It operates through the following segments: Subsea and Surface Technologies. The Subsea segment engages in designs and manufactures products and systems, performs engineering, procurement and project management, and provides services used by oil and gas companies involved in offshore exploration and production of crude oil and natural gas.