Somewhat Favorable News Coverage Somewhat Unlikely to Affect TechnipFMC plc Ordinary Share (FTI) Stock Price

News headlines about TechnipFMC plc Ordinary Share (NYSE:FTI) have trended somewhat positive on Sunday, according to Accern. Accern scores the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. TechnipFMC plc Ordinary Share earned a coverage optimism score of 0.14 on Accern’s scale. Accern also assigned press coverage about the oil and gas company an impact score of 46.1711941799366 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the media headlines that may have impacted Accern’s scoring:

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FTI has been the subject of several recent research reports. Barclays reiterated a “hold” rating and set a $32.00 target price on shares of TechnipFMC plc Ordinary Share in a report on Tuesday, February 27th. ValuEngine lowered shares of TechnipFMC plc Ordinary Share from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Griffin Securities reiterated a “buy” rating on shares of TechnipFMC plc Ordinary Share in a report on Monday, December 4th. Cowen set a $35.00 target price on shares of TechnipFMC plc Ordinary Share and gave the company an “outperform” rating in a report on Wednesday, December 13th. Finally, Scotiabank set a $33.00 target price on shares of TechnipFMC plc Ordinary Share and gave the company a “buy” rating in a report on Wednesday, November 29th. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $32.64.

Shares of FTI stock traded up $0.64 on Friday, hitting $29.82. 3,855,133 shares of the company traded hands, compared to its average volume of 3,082,631. The company has a quick ratio of 1.21, a current ratio of 1.31 and a debt-to-equity ratio of 0.28. TechnipFMC plc Ordinary Share has a 12 month low of $24.53 and a 12 month high of $35.00. The company has a market capitalization of $13,913.77, a P/E ratio of 43.22, a P/E/G ratio of 7.50 and a beta of 0.91.

TechnipFMC plc Ordinary Share (NYSE:FTI) last posted its earnings results on Wednesday, February 21st. The oil and gas company reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.24). TechnipFMC plc Ordinary Share had a return on equity of 6.05% and a net margin of 2.14%. The company had revenue of $3.68 billion during the quarter, compared to the consensus estimate of $3.85 billion. During the same period last year, the firm posted $0.35 EPS. The company’s revenue for the quarter was down 15.9% on a year-over-year basis. equities analysts predict that TechnipFMC plc Ordinary Share will post 1.33 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 4th. Shareholders of record on Tuesday, March 20th will be given a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 1.74%. The ex-dividend date of this dividend is Monday, March 19th. TechnipFMC plc Ordinary Share’s dividend payout ratio (DPR) is presently 75.36%.

In other TechnipFMC plc Ordinary Share news, insider Richard G. Alabaster sold 12,000 shares of TechnipFMC plc Ordinary Share stock in a transaction that occurred on Tuesday, March 6th. The shares were sold at an average price of $30.01, for a total value of $360,120.00. Following the completion of the sale, the insider now owns 54,028 shares of the company’s stock, valued at approximately $1,621,380.28. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Richard A. Pattarozzi sold 18,500 shares of TechnipFMC plc Ordinary Share stock in a transaction that occurred on Friday, March 9th. The stock was sold at an average price of $30.83, for a total transaction of $570,355.00. Following the completion of the sale, the director now directly owns 80,581 shares of the company’s stock, valued at approximately $2,484,312.23. The disclosure for this sale can be found here. In the last ninety days, insiders sold 47,150 shares of company stock valued at $1,429,809. 0.86% of the stock is currently owned by insiders.

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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.

Insider Buying and Selling by Quarter for TechnipFMC plc Ordinary Share (NYSE:FTI)

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