TechnipFMC plc (NYSE: FTI) is -2.87% lower on its value in year-to-date trading and has touched a low of $22.99 and a high of $33.45 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FTI stock was last observed hovering at around $28.27 in the last trading session, with the day’s loss setting it -0.16%.
Currently trading at $28.11, the stock is 1.23% and -6.10% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.98 million and changing -0.57% at the moment leaves the stock 0.96% off its SMA200. FTI registered 16.93% gain for a year compared to 6-month gain of 15.92%. The firm has a 50-day simple moving average (SMA 50) of $29.935 and a 200-day simple moving average (SMA200) of $27.8433.
The stock witnessed a -7.41% loss in the last 1 month and extending the period to 3 months gives it a -8.97%, and is 8.62% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.94% over the week and 3.98% over the month.
TechnipFMC plc (FTI) has around 25304 employees, a market worth around $11.82B and $9.08B in sales. Current P/E ratio is 14.66 and Fwd P/E is 11.21. Profit margin for the company is 9.28%. Distance from 52-week low is 22.30% and -15.96% from its 52-week high. The company has generated returns on investments over the last 12 months (19.09%).
with sales reaching $2.26B over the same period.The EPS is expected to grow by 14.35% this year, but quarterly earnings will post 8.93% year-over-year. Quarterly sales are estimated to grow 10.81% in year-over-year returns.
TechnipFMC plc (FTI) Top Institutional Holders
662.0 institutions hold shares in TechnipFMC plc (FTI), with institutional investors hold 100.08% of the company’s shares. The shares outstanding are 423.10M, and float is at 414.95M with Short Float at 1.95%. Institutions hold 98.68% of the Float.
The top institutional shareholder in the company is PRICE T ROWE ASSOCIATES INC /MD/ with over 49.64 million shares valued at $1.3 billion. The investor’s holdings represent 11.4483% of the FTI Shares outstanding. As of 2024-06-30, the second largest holder is T. ROWE PRICE INVESTMENT MANAGEMENT, INC. with 39.99 million shares valued at $1.05 billion to account for 9.2951 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 39.66 million shares representing 9.1471% and valued at over $1.04 billion, while JPMORGAN CHASE & CO holds 5.4073 of the shares totaling 23.26 million with a market value of $608.31 million.
TechnipFMC plc (FTI) Insider Activity
The most recent transaction is an insider sale by Landes Jonathan, the company’s President, Subsea. SEC filings show that Landes Jonathan sold 141,427 shares of the company’s common stock on Mar 11 ’25 at a price of $25.67 per share for a total of $3.63 million. Following the sale, the insider now owns 91481.0 shares.
TechnipFMC plc disclosed in a document filed with the SEC on Mar 11 ’25 that Rounce Justin (EVP & Chief Technology Officer) sold a total of 444,862 shares of the company’s common stock. The trade occurred on Mar 11 ’25 and was made at $26.20 per share for $11.66 million. Following the transaction, the insider now directly holds 0.14 million shares of the FTI stock.
Still, SEC filings show that on Mar 12 ’25, Rounce Justin (EVP & Chief Technology Officer) disposed off 42,178 shares at an average price of $26.55 for $1.12 million. The insider now directly holds 140,207 shares of TechnipFMC plc (FTI).
