The price of TechnipFMC plc (NYSE:FTI) shares last traded on Wall Street rose 1.46% to $31.23.
FTI stock price is now 5.34% away from the 50-day moving average and 11.45% away from the 200-day moving average. The market capitalization of the company currently stands at $13.13B.
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With the price target of $39, Piper Sandler recently initiated with Overweight rating for TechnipFMC plc (NYSE: FTI). On December 13, 2024, Goldman recently initiated its ‘Buy’ rating on the stock quoting a target price of $38, while ‘Jefferies’ rates the stock as ‘Buy’
In other news, de Carvalho Filho Eleazar, Director sold 9,381 shares of the company’s stock on Mar 24 ’25. The stock was sold for $279,179 at an average price of $29.76. Upon completion of the transaction, the Director now directly owns 100,951 shares in the company, valued at $3.15 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 24 ’25, Director de Carvalho Filho Eleazar bought 9,381 shares of the business’s stock. A total of $279,221 was incurred on buying the stock at an average price of $29.76. A total of 1.30% of the company’s stock is owned by insiders.
During the past 12 months, TechnipFMC plc has had a low of $22.99 and a high of $33.45. As of last week, the company has a debt-to-equity ratio of 0.58, a current ratio of 1.12, and a quick ratio of 0.88. According to the stock market information, the enterprise value for the company is $13830750208, which is based on a 16.29 price-to-earnings ratio, a 1.03 price-to-earnings-growth ratio, and a beta of 1.16. The fifty day moving average price for FTI is $29.6466 and a two-hundred day moving average price translates $28.02175 for the stock.
The latest earnings results from TechnipFMC plc (NYSE: FTI) was released for 2024-12-31. The net profit margin was 9.28% and return on equity was 27.06% for FTI. The company reported revenue of $2.37 billion for the quarter, compared to $2.08 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 13.94 percent.
