Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $26.55 in the prior trading day, TechnipFMC plc (NYSE: FTI) closed at $26.31, down -0.90%. In other words, the price has decreased by -$0.90 from its previous closing price. On the day, 5.89 million shares were traded.
Ratios:
Our goal is to gain a better understanding of FTI by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.24. For the most recent quarter (mrq), Quick Ratio is recorded 0.88 and its Current Ratio is at 1.12. In the meantime, Its Debt-to-Equity ratio is 0.58 whereas as Long-Term Debt/Eq ratio is at 0.43.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Piper Sandler on December 19, 2024, initiated with a Overweight rating and assigned the stock a target price of $39.
On December 13, 2024, Goldman started tracking the stock assigning a Buy rating and target price of $38.
Jefferies Upgraded its Hold to Buy on December 06, 2024, whereas the target price for the stock was revised from $29 to $40.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 26 ’24 when Light David sold 5,928 shares for $25.81 per share. The transaction valued at 153,002 led to the insider holds 11,534 shares of the business.
Valuation Measures:
As of this moment, TechnipFMC’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.72, and their Forward P/E ratio for the next fiscal year is 10.40. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.90. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.22 while its Price-to-Book (P/B) ratio in mrq is 3.60.
Stock Price History:
Over the past 52 weeks, FTI has reached a high of $33.45, while it has fallen to a 52-week low of $21.36. The 50-Day Moving Average of the stock is -13.16%, while the 200-Day Moving Average is calculated to be -5.42%.
Shares Statistics:
A total of 423.10M shares are outstanding, with a floating share count of 413.14M. Insiders hold about 1.77% of the company’s shares, while institutions hold 98.00% stake in the company.
