TechnipFMC plc Ordinary Share (NYSE:FTI) – Griffin Securities issued their FY2017 earnings per share (EPS) estimates for TechnipFMC plc Ordinary Share in a research note issued on Monday. Griffin Securities analyst K. Simpson expects that the oil and gas company will earn $1.50 per share for the year. Griffin Securities currently has a “Buy” rating on the stock.

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

FTI has been the topic of a number of other research reports. assumed coverage on TechnipFMC plc Ordinary Share in a report on Monday, September 11th. They issued a “hold” rating and a $26.00 target price on the stock. Gabelli raised TechnipFMC plc Ordinary Share from a “hold” rating to a “buy” rating and set a $39.00 target price on the stock in a report on Friday, October 20th. HSBC lowered TechnipFMC plc Ordinary Share from a “hold” rating to a “reduce” rating and set a $26.00 target price on the stock. in a report on Wednesday, November 15th. Cowen set a $32.00 target price on TechnipFMC plc Ordinary Share and gave the company a “buy” rating in a report on Friday, October 6th. Finally, Barclays lowered their target price on TechnipFMC plc Ordinary Share from $30.00 to $28.00 and set an “equal weight” rating on the stock in a report on Friday, October 27th. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and fourteen have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $33.03.

Shares of TechnipFMC plc Ordinary Share (NYSE:FTI) opened at $28.24 on Wednesday. The stock has a market capitalization of $13,489.17, a P/E ratio of 23.13, a price-to-earnings-growth ratio of 0.94 and a beta of 0.90. The company has a quick ratio of 1.14, a current ratio of 1.22 and a debt-to-equity ratio of 0.23. TechnipFMC plc Ordinary Share has a fifty-two week low of $24.53 and a fifty-two week high of $37.09.

Large investors have recently made changes to their positions in the company. Sentry Investment Management LLC grew its holdings in shares of TechnipFMC plc Ordinary Share by 102.0% during the 2nd quarter. Sentry Investment Management LLC now owns 19,163 shares of the oil and gas company’s stock worth $521,000 after purchasing an additional 9,677 shares in the last quarter. Ninepoint Partners LP acquired a new stake in shares of TechnipFMC plc Ordinary Share during the 3rd quarter worth approximately $307,000. Zurich Insurance Group Ltd FI acquired a new stake in shares of TechnipFMC plc Ordinary Share during the 2nd quarter worth approximately $1,409,000. Nippon Life Insurance Co. grew its holdings in shares of TechnipFMC plc Ordinary Share by 44.0% during the 3rd quarter. Nippon Life Insurance Co. now owns 39,100 shares of the oil and gas company’s stock worth $1,092,000 after purchasing an additional 11,952 shares in the last quarter. Finally, Advisors Asset Management Inc. grew its holdings in shares of TechnipFMC plc Ordinary Share by 5.4% during the 2nd quarter. Advisors Asset Management Inc. now owns 38,465 shares of the oil and gas company’s stock worth $1,046,000 after purchasing an additional 1,982 shares in the last quarter. 65.57% of the stock is currently owned by institutional investors.

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 1st. Stockholders of record on Tuesday, November 21st were issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 1.84%. The ex-dividend date was Monday, November 20th.

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About TechnipFMC plc Ordinary Share

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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