Kepler Capital Markets reiterated their hold rating on shares of TechnipFMC (NYSE:FTI) in a research report released on Tuesday morning, AnalystRatings.com reports.

A number of other brokerages have also recently weighed in on FTI. Berenberg Bank decreased their price target on shares of TechnipFMC from $12.50 to $11.50 and set a buy rating for the company in a research report on Friday, April 24th. Wells Fargo & Co decreased their price target on shares of TechnipFMC from $18.00 to $13.00 and set an overweight rating for the company in a research report on Monday, April 27th. Barclays decreased their price target on shares of TechnipFMC from $10.00 to $9.00 and set an overweight rating for the company in a research report on Monday, April 27th. Cowen decreased their price target on shares of TechnipFMC from $15.00 to $11.00 and set an outperform rating for the company in a research report on Monday, April 27th. Finally, Tudor Pickering cut shares of TechnipFMC from a buy rating to a hold rating in a research report on Monday, March 16th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and fourteen have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and an average target price of $16.39.

Shares of NYSE FTI opened at $7.28 on Tuesday. TechnipFMC has a 52-week low of $4.49 and a 52-week high of $28.57. The firm has a fifty day moving average of $7.75 and a 200-day moving average of $12.32. The stock has a market capitalization of $3.10 billion, a PE ratio of -0.59, a P/E/G ratio of 1.08 and a beta of 1.92. The company has a quick ratio of 1.01, a current ratio of 1.14 and a debt-to-equity ratio of 1.09.

TechnipFMC (NYSE:FTI) last announced its quarterly earnings data on Wednesday, April 22nd. The oil and gas company reported ($0.11) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.22 by ($0.33). TechnipFMC had a negative net margin of 40.74% and a positive return on equity of 2.41%. The company had revenue of $3.13 billion for the quarter, compared to analysts’ expectations of $3.38 billion. During the same period in the prior year, the firm earned $0.06 earnings per share. The firm’s quarterly revenue was up 7.5% on a year-over-year basis. Equities research analysts expect that TechnipFMC will post 0.29 EPS for the current fiscal year.

Several institutional investors have recently modified their holdings of the company. State Street Corp raised its stake in shares of TechnipFMC by 6.0% in the 1st quarter. State Street Corp now owns 22,639,204 shares of the oil and gas company’s stock valued at $155,357,000 after purchasing an additional 1,288,861 shares in the last quarter. BlackRock Inc. grew its position in shares of TechnipFMC by 10.7% during the 1st quarter. BlackRock Inc. now owns 21,288,743 shares of the oil and gas company’s stock valued at $143,487,000 after buying an additional 2,049,316 shares during the last quarter. Amundi Pioneer Asset Management Inc. grew its position in shares of TechnipFMC by 15.3% during the 4th quarter. Amundi Pioneer Asset Management Inc. now owns 17,367,907 shares of the oil and gas company’s stock valued at $372,369,000 after buying an additional 2,306,583 shares during the last quarter. Pzena Investment Management LLC grew its position in shares of TechnipFMC by 8.9% during the 1st quarter. Pzena Investment Management LLC now owns 12,220,651 shares of the oil and gas company’s stock valued at $82,367,000 after buying an additional 997,595 shares during the last quarter. Finally, Norges Bank bought a new stake in shares of TechnipFMC during the 4th quarter valued at about $201,223,000. Institutional investors and hedge funds own 77.79% of the company’s stock.

About TechnipFMC

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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Analyst Recommendations for TechnipFMC (NYSE:FTI)

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