Why Should We Buy TechnipFMC plc (FTI) Stock?
TechnipFMC plc (NYSE:FTI) has a beta value of 2.38 and has seen 2.34 million shares traded in the recent trading session. The company, currently valued at $3.95B, closed the recent trade at $8.44 per share which meant it lost -$0.27 on the day or -3.10% during that session. The FTI stock price is -26.78% off its 52-week high price of $10.70 and 52.25% above the 52-week low of $4.03. The 3-month trading volume is 6.24 million shares. The consensus among analysts is that TechnipFMC plc (FTI) is an Overweight stock at the moment, with a recommendation rating of 2.30. 0 analysts rate the stock as a Sell, while 1 rate it as Overweight. 8 out of 22 have rated it as a Hold, with 12 advising it as a Buy. 1 have rated the stock as Underweight. TechnipFMC plc (NYSE:FTI) trade information  Sporting -3.10% in the red today, the stock has traded in the red over the last five days, with the highest price hit on Tuesday, 07/06/21 when the FTI stock price touched $8.44 or saw a rise of 12.36%. Year-to-date, TechnipFMC plc shares have moved 17.48%, while the 5-day performance has seen it change -3.44%. Over the past 30 days, the shares of TechnipFMC plc (NYSE:FTI) have changed -16.33%. Wall Street analysts have a consensus price target for the stock at $9.92, which means that the shares value could jump 14.92% from the levels at last check today.. The projected low price target is $3.50 while the price target rests at a high of $13.00. In that case, then, we find that the latest price level in todays session is -54.03% off the targeted high while a plunge would see the stock lose 58.53% from the levels at last check today..  TechnipFMC plc (FTI) estimates and forecasts  Figures show that TechnipFMC plc shares have underperformed across the wider relevant industry. The companys shares have gained 12.22% over the past 6 months, with this year growth rate of -120.00%, compared to 31.70% for the industry. Earnings growth for 2021 is a modest -35.90% while over the next 5 years, the companys earnings are expected to decrease by -2.90%. FTI Dividends  TechnipFMC plc is expected to release its next earnings report in August this year, and investors are excited at the prospect of better dividends despite the companys debt issue. The forward dividend is 0.52 at a share yield of 5.97%. The companys dividend yield has gone up over the past 12 months.