Forecasting The Future: 11 Analyst Projections For TechnipFMC

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Throughout the last three months, 11 analysts have evaluated TechnipFMC FTI, offering a diverse set of opinions from bullish to bearish.

The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 6 4 1 0 0
Last 30D 0 1 0 0 0
1M Ago 2 1 0 0 0
2M Ago 3 2 0 0 0
3M Ago 1 0 1 0 0

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $36.0, a high estimate of $42.00, and a low estimate of $31.00. Observing a 5.11% increase, the current average has risen from the previous average price target of $34.25.

price target chart

Analyzing Analyst Ratings: A Detailed Breakdown

The perception of TechnipFMC by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
David Anderson Barclays Raises Overweight $42.00 $37.00
Ati Modak Goldman Sachs Announces Buy $38.00 -
Marc Bianchi TD Cowen Maintains Buy $37.00 $37.00
Victoria McCulloch RBC Capital Announces Outperform $37.00 -
Scott Gruber Citigroup Raises Buy $35.00 $34.00
Abhishek Kumar HSBC Announces Buy $32.00 -
David Anderson Barclays Raises Overweight $37.00 $34.00
Marc Bianchi TD Cowen Raises Buy $37.00 $35.00
Charles Minervino Susquehanna Raises Positive $37.00 $35.00
Chase Mulvehill B of A Securities Raises Buy $31.00 $30.00
Phillip Jungwirth BMO Capital Raises Market Perform $33.00 $32.00

Key Insights:

  • Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to TechnipFMC. This information offers a snapshot of how analysts perceive the current state of the company.
  • Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of TechnipFMC compared to the broader market.
  • Price Targets: Understanding forecasts, analysts offer estimates for TechnipFMC's future value. Examining the current and prior targets provides insight into analysts' changing expectations.

To gain a panoramic view of TechnipFMC's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.

Stay up to date on TechnipFMC analyst ratings.

Discovering TechnipFMC: A Closer Look

TechnipFMC is the largest pure-play offshore oilfield service provider, offering integrated deep-water offshore oil and gas development solutions that span the full spectrum of subsea equipment and subsea engineering and construction services. The company also provides various surface equipment used with onshore oil and gas wells. TechnipFMC originated with the 2017 merger of predecessor companies Technip and FMC Technologies.

Financial Insights: TechnipFMC

Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.

Positive Revenue Trend: Examining TechnipFMC's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 14.17% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Energy sector.

Net Margin: TechnipFMC's net margin is impressive, surpassing industry averages. With a net margin of 11.69%, the company demonstrates strong profitability and effective cost management.

Return on Equity (ROE): TechnipFMC's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 8.81% ROE, the company effectively utilizes shareholder equity capital.

Return on Assets (ROA): TechnipFMC's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.9% ROA, the company effectively utilizes its assets for optimal returns.

Debt Management: TechnipFMC's debt-to-equity ratio is below the industry average at 0.6, reflecting a lower dependency on debt financing and a more conservative financial approach.

Understanding the Relevance of Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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