Apr. 23 at 7:17 PM
$WST Heads up alert! Only one day until Upcoming earnings on Thursday, 4/24/2025 for
$FTI Bearish (2.5)
TechnipFMC plc (NYSE:FTI) is currently facing a challenging market environment, as reflected in its recent performance, with shares down 21% over the past three months.
Despite this downturn, the company is expected to report an increase in revenues compared to the previous year, although it may also experience heightened costs.
Analysts are cautiously optimistic, with some projecting a potential earnings beat in the upcoming report, supported by recent contract wins, including significant iEPCI contracts with Shell and Equinor for offshore projects.
However, the stock's P/E ratio remains relatively high at around 25, compared to the industry average of 15, indicating a valuation that may not align with current market sentiments.
The earnings per share (EPS) growth rate is projected at 5%, which, while positive, does not significantly outpace broader industry growth expectations.
Additionally, TechnipFMC's dividend yield of 0.67% is less appealing compared to its peers, potentially deterring income-focused investors.
The company’s strategic partnerships for deep-water exploration in India could bolster future revenue streams, yet the immediate outlook remains subdued.
Looking ahead to the upcoming earnings report scheduled for April 24, 2025, the consensus among analysts suggests a cautious approach.
Historical performance indicates that TechnipFMC has a favorable earnings surprise history, making analysts hopeful for a positive outcome this quarter.
Expectations are that the company will not only meet but potentially exceed estimates depending on operational efficiencies realized in recent projects.
Analyst consensus estimates have not fully factored in the potential impacts of increasing operational costs, which could temper any positive surprises.
The management’s guidance during the earnings call will be pivotal in shaping investor sentiment moving forward, especially in light of recent contract achievements and the overall energy market dynamics.
- Funds were net sellers of
$FTI during the previous reporting quarter.
- Top 5 funds with large holdings in
$FTI:
* Anomaly Capital Management LP
$210MM. CGMFundRank: 68%, Fund Website: www.anomalycapital.com
* Balyasny Asset Management LLC
$71MM. CGMFundRank: 92%, Fund Website: www.bamfunds.com
* Holocene Advisors LP
$58MM. New position. CGMFundRank: 80%, Fund Website: www.holoceneadvisors.com
* Westfield Capital Management Company LP
$54MM. CGMFundRank: 62%, Fund Website: www.westfieldcapital.com
* Webs Creek Capital LP
$39MM. CGMFundRank: 67%, Fund Website: www.webscreekcapital.com
- Last 10 days performance: 6%
- Last 30 days performance: -9%
- Last 90 days performance: -21%
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