FY2025 Earnings Forecast for TechnipFMC plc (NYSE:FTI) Issued By Redburn Atlantic

TechnipFMC plc (NYSE:FTI) – Redburn Atlantic dropped their FY2025 earnings per share estimates for shares of TechnipFMC in a note issued to investors on Tuesday, October 8th. Redburn Atlantic analyst S. Toyne now anticipates that the oil and gas company will post earnings of $2.01 per share for the year, down from their prior estimate of $2.17. The consensus estimate for TechnipFMC’s current full-year earnings is $1.37 per share. Redburn Atlantic also issued estimates for TechnipFMC’s FY2026 earnings at $2.93 EPS, FY2027 earnings at $2.64 EPS and FY2028 earnings at $2.31 EPS.

FTI has been the topic of several other reports. Citigroup upped their price target on TechnipFMC from $31.00 to $32.00 and gave the company a “buy” rating in a research report on Wednesday, July 10th. StockNews.com cut shares of TechnipFMC from a “buy” rating to a “hold” rating in a research report on Thursday, September 26th. BMO Capital Markets upped their price objective on shares of TechnipFMC from $32.00 to $33.00 and gave the stock a “market perform” rating in a research report on Thursday. Finally, Susquehanna upped their price objective on shares of TechnipFMC from $34.00 to $35.00 and gave the stock a “positive” rating in a research report on Friday, July 26th. Five research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $29.80.

TechnipFMC Trading Up 0.6 %

Shares of FTI opened at $27.67 on Friday. The business’s 50-day moving average price is $26.14 and its 200-day moving average price is $26.18. TechnipFMC has a twelve month low of $18.33 and a twelve month high of $29.85. The stock has a market cap of $11.85 billion, a PE ratio of 25.38 and a beta of 1.50. The company has a quick ratio of 0.84, a current ratio of 1.10 and a debt-to-equity ratio of 0.23.

TechnipFMC (NYSE:FTI) last announced its quarterly earnings results on Thursday, July 25th. The oil and gas company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.12. TechnipFMC had a return on equity of 14.36% and a net margin of 5.72%. The firm had revenue of $2.33 billion for the quarter, compared to analysts’ expectations of $2.23 billion. During the same period in the prior year, the business posted $0.10 earnings per share. The company’s revenue was up 17.9% on a year-over-year basis.

TechnipFMC Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 4th. Investors of record on Tuesday, August 20th were issued a dividend of $0.05 per share. The ex-dividend date of this dividend was Tuesday, August 20th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.72%. TechnipFMC’s dividend payout ratio is presently 18.35%.

Hedge Funds Weigh In On TechnipFMC

Hedge funds and other institutional investors have recently made changes to their positions in the business. Whittier Trust Co. bought a new position in shares of TechnipFMC during the first quarter valued at $29,000. GAMMA Investing LLC increased its holdings in shares of TechnipFMC by 73.1% during the second quarter. GAMMA Investing LLC now owns 1,165 shares of the oil and gas company’s stock valued at $30,000 after acquiring an additional 492 shares in the last quarter. ORG Wealth Partners LLC bought a new position in shares of TechnipFMC during the third quarter valued at $30,000. ORG Partners LLC bought a new position in shares of TechnipFMC during the second quarter valued at $33,000. Finally, Quarry LP increased its holdings in shares of TechnipFMC by 76.6% during the fourth quarter. Quarry LP now owns 1,770 shares of the oil and gas company’s stock valued at $36,000 after acquiring an additional 768 shares in the last quarter. Institutional investors own 96.58% of the company’s stock.

TechnipFMC Company Profile

TechnipFMC plc engages in the energy projects, technologies, and systems and services businesses in Europe, Central Asia, North America, Latin America, the Asia Pacific, Africa, the Middle East, and internationally. It operates through two segments: Subsea and Surface Technologies. The Subsea segment engages in the design, engineering, procurement, manufacturing, fabrication, installation, and life of field services for subsea systems, subsea field infrastructure, and subsea pipe systems used in oil and gas production and transportation.