TechnipFMC plc Ordinary Share (NYSE:FTI) – Research analysts at Griffin Securities issued their Q4 2017 earnings estimates for shares of TechnipFMC plc Ordinary Share in a note issued to investors on Monday. Griffin Securities analyst K. Simpson expects that the oil and gas company will post earnings per share of $0.41 for the quarter. Griffin Securities currently has a “Buy” rating on the stock. Griffin Securities also issued estimates for TechnipFMC plc Ordinary Share’s Q1 2018 earnings at $0.22 EPS, Q2 2018 earnings at $0.30 EPS, Q3 2018 earnings at $0.34 EPS, Q4 2018 earnings at $0.37 EPS, FY2018 earnings at $1.25 EPS and FY2019 earnings at $1.70 EPS.

TechnipFMC plc Ordinary Share (NYSE:FTI) last posted its quarterly earnings results on Wednesday, October 25th. The oil and gas company reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.07). The firm had revenue of $4.14 billion for the quarter, compared to analyst estimates of $3.87 billion. During the same period last year, the business earned $0.22 earnings per share. TechnipFMC plc Ordinary Share’s quarterly revenue was up 74.3% compared to the same quarter last year.

A number of other research firms also recently commented on FTI. Goldman Sachs Group downgraded TechnipFMC plc Ordinary Share from a “buy” rating to a “neutral” rating and set a $30.00 price objective on the stock. in a report on Monday, November 13th. Citigroup upgraded TechnipFMC plc Ordinary Share from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $26.00 to $30.00 in a report on Monday, October 2nd. Scotiabank set a $33.00 price objective on TechnipFMC plc Ordinary Share and gave the stock a “buy” rating in a report on Wednesday, November 29th. Tudor Pickering upgraded TechnipFMC plc Ordinary Share from a “hold” rating to a “buy” rating in a report on Wednesday, November 29th. Finally, Royal Bank Of Canada set a $45.00 price objective on TechnipFMC plc Ordinary Share and gave the stock a “buy” rating in a report on Saturday, October 7th. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and fourteen have issued a buy rating to the company. TechnipFMC plc Ordinary Share presently has a consensus rating of “Hold” and an average price target of $33.03.

TechnipFMC plc Ordinary Share (NYSE FTI) opened at $28.91 on Tuesday. TechnipFMC plc Ordinary Share has a twelve month low of $24.53 and a twelve month high of $37.09. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.22 and a quick ratio of 1.14.

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 1st. Stockholders of record on Tuesday, November 21st were paid a $0.13 dividend. The ex-dividend date was Monday, November 20th. This represents a $0.52 annualized dividend and a dividend yield of 1.80%.

Several institutional investors have recently made changes to their positions in FTI. First Eagle Investment Management LLC lifted its position in TechnipFMC plc Ordinary Share by 10.9% in the third quarter. First Eagle Investment Management LLC now owns 33,933,562 shares of the oil and gas company’s stock worth $947,425,000 after purchasing an additional 3,347,874 shares during the period. Vanguard Group Inc. lifted its position in TechnipFMC plc Ordinary Share by 3.4% in the second quarter. Vanguard Group Inc. now owns 27,167,998 shares of the oil and gas company’s stock worth $738,969,000 after purchasing an additional 896,416 shares during the period. BlackRock Inc. lifted its position in TechnipFMC plc Ordinary Share by 7.8% in the second quarter. BlackRock Inc. now owns 21,731,728 shares of the oil and gas company’s stock worth $591,104,000 after purchasing an additional 1,571,751 shares during the period. State Street Corp lifted its position in TechnipFMC plc Ordinary Share by 2.0% in the second quarter. State Street Corp now owns 20,888,596 shares of the oil and gas company’s stock worth $568,171,000 after purchasing an additional 417,151 shares during the period. Finally, AXA lifted its position in TechnipFMC plc Ordinary Share by 16.3% in the second quarter. AXA now owns 8,697,311 shares of the oil and gas company’s stock worth $236,567,000 after purchasing an additional 1,222,075 shares during the period. Institutional investors and hedge funds own 65.57% of the company’s stock.

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TechnipFMC plc Ordinary Share Company Profile

FMC Technologies, Inc is a global provider of technology solutions for the energy industry. The Company designs, manufactures and services a range of systems and products, including subsea production and processing systems, surface wellhead production systems, high pressure fluid control equipment, measurement solutions and marine loading systems.

Earnings History and Estimates for TechnipFMC plc Ordinary Share (NYSE:FTI)

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