TechnipFMC stock: buy or sell?

FTI stock price: $23.11 -3.79% At close on August 23rd, 2019

Updated on:
August 23rd, 2019

2

TechnipFMC closed today at $23.11 and plunged a dreadful -3.79%.

TechnipFMC plc provides technologies, production systems, services, and solutions for the oil and gas industry worldwide.

Should I buy TechnipFMC stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

None of our preferred buy setups matches with TechnipFMC stock situation right now, therefore this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean FTI will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is TechnipFMC stock a buy?

Financial institutions and banks publish stock ratings everyday. At Stocks2.com, we collected 8 ratings published for FTI stock in the last 30 days.

The general sentiment of these ratings is bullish for FTI stock, with 4 positive ratings.
Is FTI a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-7-30Citigroupn/aNeutral
2019-7-11Cowenn/aBuy
2019-5-15Barclaysn/aEqual Weight
2019-4-9Wells Fargo & CoOutperformOutperform
2019-3-22HSBCHoldBuy
2019-2-26Berenberg Bankn/aBuy
2019-1-22Exane BNP ParibasUnderperformNeutral
2019-1-22BNP ParibasUnderperformNeutral

TechnipFMC stock analysis

Daily outlook

Shares of TechnipFMC closed today at $23.11 and plunged a dreadful -3.79%.

Shares of TechnipFMC plunged a dreadful -3.79% and closed at $23.11. In this session, TechnipFMC stock crossed down the SMA200d line. If you are using SMA200d line as stop loss trigger, double check your position in this stock. Since July 24th when SMA100d and SMA200d crossed up, FTI price slipped $-2.91 per share (-11.18%).

FTI stock chart (daily)

Weekly outlook

TechnipFMC shares declined -2.20% this week, ending at $23.11. Late July FTI rocketed an extraordinary 11.92% in just one week. Late July FTI plunged a bloodcurdling -11.09% in just one week. For 4 weeks in a row, price slid and lost a -20.99%.

Price pattern shows an uptrend with two rising tops and bottoms, and now trading upwards to the $28.41 resistance. Since SMA20w and SMA40w crossed up early July, FTI price slid a -7.60%. Since price and SMA40w lines crossed up by mid June, FTI climbed $0.49 (2.17%).

FTI stock chart (weekly)

TechnipFMC stock price history

TechnipFMC stock went public on June 15th, 2001 with a price of $3.851. Since then, FTI stock surged a 500.30%, with a yearly average of 27.80%. If you had invested $1,000 in TechnipFMC stock in 2001, it would worth $5,003.00 today.

1: Adjusted price after possible price splits or reverse-splits.

TechnipFMC stock historical price chart

FTI stock reached 52-week highs on September at $32.18, and all-time highs 2014-07-24 with a price of 54.45.

TechnipFMC stock price target is $28.10

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' FTI stock price predictions in the hope that they will be met as they may be wrong and not met. We detected 4 price targets for TechnipFMC stock posted in the last 30 days:
FTI stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-7-30CitigroupRaises Target$27.40$29.507.7%
2019-7-11CowenReiteratesn/a$28.00-
2019-5-15BarclaysLowers Target$29.00$27.00-6.9%
2019-4-9Wells Fargo & CoRaises Target$26.00$28.007.7%
(in average)$27.50$28.102.0%
Moving in a range from $29.50 and $27.00, the price target for FTI stock is $28.10.

Financials and fundamental analysis

Earnings date and Earnings per Share

On February, TechnipFMC didn't meet the forecasts of the analysts and posted a bloodcurdling EPS of $-0.09 per share when experts were expecting $0.37.
FTI earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/an/an/a
2017-Q3-n/an/an/a
2017-Q42018-02-210.440.2-54.5%
2018-Q12018-05-090.320.28-12.5%
2018-Q22018-07-250.390.28-28.2%
2018-Q32018-10-240.380.31-18.4%
2018-Q42019-02-200.37-0.09n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2018, TechnipFMC annual sales collapsed a chilling -16.63% to $12,552.90 million USD from $15,056.90 marked in 2017. When comparing 2018 vs 2017, likewise, profit margin (that is, the net income divided by revenues) collapsed a -16.06% to -15.31%.

FTI annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2014$12,250 M-$531 M4.3%-
2015$11,303 M-7.73%$49 M0.4%-90.71%
2016$9,200 M-18.61%$393 M4.3%697.64%
2017$15,057 M63.67%$113 M0.8%-71.19%
2018$12,553 M-16.63%$-1,921.60 M-15.3%-1,796.03%

Quarterly financial results

TechnipFMC posted $3,323.00 million in revenues for 2018-Q4, a 5.70% improvement compared to previous quarter. Reported quarter earnings marked $-2,259.30 million with a profit margin of -67.99%. Profit margin plunged a -72.34% compared to previous quarter when profit margin was 4.35%. When comparing sales to same quarter last year, TechnipFMC sales marked a terrifying drop down and dropped a -9.77%. Looking back to recent quarterly results, TechnipFMC posted 2 negative quarters in a row.
FTI quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$3,850 M-$164.90 M4.3%-
2017-Q3$4,140 M7.53%$121.00 M2.9%-26.62%
2017-Q4$3,683 M-11.04%$-153.90 M-4.2%-227.19%
2018-Q1$3,125 M-15.15%$95.10 M3.0%-161.79%
2018-Q2$2,961 M-5.26%$105.70 M3.6%11.15%
2018-Q3$3,144 M6.18%$136.90 M4.4%29.52%
2018-Q4$3,323 M5.70%$-2,259.30 M-68.0%-1,750.33%
2019-Q1$2,913 M-12.34%$20.90 M0.7%-100.93%

TechnipFMC ownership

When you are planning to buy a company, it's worth to overview its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For TechnipFMC, 26.55% of all outstanding shares are owned by its staff.

In case of TechnipFMC stock, 0.00% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for FTI stock account 0.00%, no big difference from last month.

For a better context understanding, the following table shows ownership data compared to other related companies:

FTINOVOIS
Market cap$10.7 B$7.2 B$778.4 M
Total shares464.9 M385.9 M54.7 M
Float shares420.5 M384.4 M56.5 M
  - Institutional holdings (%)0.0%96.8%109.0%
  - Insider holdings (%)26.6%0.4%2.1%
Shares in short selling0.0%0.0%0.0%

TechnipFMC summary

Friday, August 23rd, 2019
Open$23.52
Close$23.11
Day range$23.00 - $24.03
Previous close$24.02
Session gain-3.79%
Average true range$0.92
50d mov avg$24.97
100d mov avg$24.04
200d mov avg$23.13
Daily patternlt03a
Weekly pattern lb02a

TechnipFMC performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We selected National Oilwell Varco and Oil States International as the bechmarking frame for TechnipFMC stock.
Stock3m6m12m
FTITechnipFMC5.57%3.49%-21.95%
NOVNational Oilwell ...-16.20%-33.99%-57.90%
OISOil States Intern...-15.65%-19.92%-58.09%

TechnipFMC competitors

Defining a list of competitors for TechnipFMC it's difficult. We selected 2 public companies that are related to and can be considered as competitors of TechnipFMC:

Latest TechnipFMC stock news