Headlines about TechnipFMC plc Ordinary Share (NYSE:FTI) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded 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 media sentiment score of 0.10 on Accern’s scale. Accern also gave media coverage about the oil and gas company an impact score of 46.5647569669369 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:
- TechnipFMC reduced workforce by 3,000 jobs as part of continued restructuring (finance.yahoo.com)
- Sirios Capital Management L P Takes $37.13 Million Position in TechnipFMC plc Ordinary Share (FTI) (americanbankingnews.com)
- Norinchukin Bank The Acquires 2,366 Shares of TechnipFMC plc Ordinary Share (FTI) (americanbankingnews.com)
- FY2018 EPS Estimates for TechnipFMC plc Ordinary Share Increased by Gabelli (FTI) (americanbankingnews.com)
- TechnipFMC plc Ordinary Share (FTI) Stake Lifted by BlackRock Inc. (americanbankingnews.com)
FTI has been the topic of a number of recent research reports. HSBC reaffirmed a “reduce” rating and set a $26.00 price objective on shares of TechnipFMC plc Ordinary Share in a research note on Wednesday, November 15th. Goldman Sachs Group cut TechnipFMC plc Ordinary Share from a “buy” rating to a “neutral” rating and set a $30.00 price objective on the stock. in a research note on Monday, November 13th. Societe Generale initiated coverage on TechnipFMC plc Ordinary Share in a research note on Thursday, November 16th. They set a “buy” rating and a $38.00 price objective on the stock. ValuEngine cut TechnipFMC plc Ordinary Share from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Finally, Griffin Securities reaffirmed a “buy” rating on shares of TechnipFMC plc Ordinary Share in a research note on Monday, December 4th. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and thirteen have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $33.03.
TechnipFMC plc Ordinary Share (NYSE:FTI) last posted its earnings results on Wednesday, February 21st. The oil and gas company reported $0.20 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.44 by ($0.24). The firm had revenue of $3.68 billion for the quarter, compared to analysts’ expectations of $3.85 billion. TechnipFMC plc Ordinary Share had a return on equity of 6.05% and a net margin of 2.14%. The business’s revenue for the quarter was down 15.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.35 earnings per share. sell-side analysts anticipate that TechnipFMC plc Ordinary Share will post 1.27 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 4th. Shareholders of record on Tuesday, March 20th will be issued a $0.13 dividend. The ex-dividend date is Monday, March 19th. This represents a $0.52 annualized dividend and a yield of 1.72%. TechnipFMC plc Ordinary Share’s dividend payout ratio (DPR) is presently -65.00%.
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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.
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