TechnipFMC(FTI)

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Here's Why You Should Hold FTI Consulting Stock in Your Portfolio Now
ZACKS· 2025-01-17 17:06
Group 1 - The core viewpoint is that FTI Consulting, Inc. (FCN) is experiencing top-line growth driven by diversification and international operations, although rising expenses are negatively impacting profitability [1][2][3] - The Zacks Consensus Estimate for FCN's earnings in 2024 is $8.1 per share, reflecting a 5.1% increase from the previous year, while the estimate for 2025 is $8.6 per share, indicating a 6.5% year-over-year growth [1] - International operations contributed nearly 37% of FCN's revenues in 2023, showcasing the company's diverse offerings and global reach as key differentiators from competitors [2] Group 2 - Demand for FCN's services is expected to rise due to increasing regulatory scrutiny and corporate litigation, as companies seek to protect intellectual property and engage in restructuring activities [3] - FTI Consulting has a strong balance sheet with $386 million in cash and cash equivalents and no debt as of September 30, 2024, allowing for potential investments in growth initiatives [4] - The company's liquidity is robust, with a current ratio of 2.09, significantly above the industry average of 1.25, indicating efficient short-term debt coverage [5] Group 3 - FCN's operating expenses have surged, with a year-over-year increase of 10.6% in 2022 and 14.2% in 2023, which may deter investments and affect profitability [7] - The company has not declared dividends and does not plan to do so, which may dissuade dividend-seeking investors from purchasing its stock [8] - FCN currently holds a Zacks Rank of 3 (Hold), while competitors like CRA International, Inc. and Cintas Corporation have better rankings of 2 (Buy) [9][10]
Are You Looking for a Top Momentum Pick? Why FMC Technologies (FTI) is a Great Choice
ZACKS· 2025-01-14 18:00
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...
Why FMC Technologies (FTI) is a Top Momentum Stock for the Long-Term
ZACKS· 2025-01-14 15:50
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium also includes the Zacks Style Scores. What are ...
New Strong Buy Stocks for December 24th
ZACKS· 2024-12-24 11:51
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:TechnipFMC plc (FTI) : This energy solutions company has seen the Zacks Consensus Estimate for its current year earnings increasing 16.6% over the last 60 days.NRx Pharmaceuticals, Inc. (NRXP) : This bio-pharmaceutical company has seen the Zacks Consensus Estimate for its current year earnings increasing 46.2% over the last 60 days.Powell Industries, Inc. (POWL) : This custom equipment manufacturer the Zacks Consensus Estimate for its c ...
TechnipFMC to Supply a Subsea System in Shell's Bonga North Project
ZACKS· 2024-12-23 14:11
TechnipFMC plc (FTI) has been awarded a substantial contract by London-based oil major Shell plc’s (SHEL) subsidiary, Shell Nigeria Exploration and Production Company (“SNEPCo”), to provide technological support in the subsea production for the development of the Bonga North project in Nigeria.FTI’s contract with SNEPCo validates its position as a leading provider of technological and innovative solutions in the energy industry.FTI’s Transformative Technology to Enhance EfficiencyFTI’s scope of work under t ...
TechnipFMC Gets Green Light for CO2 Capture & Storage Project in UK
ZACKS· 2024-12-12 12:46
TechnipFMC plc (FTI) , a Houston, TX-based oil and gas equipment and services company, has received the full notice to proceed with its contract to provide an all-electric subsea system for the Northern Endurance Partnership's (“NEP”) transformative carbon dioxide (CO2) transportation and storage project. This significant development marks a major milestone in the energy transition, particularly within the United Kingdom's East Coast Cluster and supports FTI’s leadership in subsea technologies and carbon ca ...
FTI Consulting Continues Expansion of Global Construction Capabilities with Two Senior Hires
GlobeNewswire News Room· 2024-12-11 07:00
LONDON, Dec. 11, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the addition of Paul Hirst and Jorge Martínez Seara as Senior Managing Directors in the firm’s global Construction, Projects & Assets practice. Mr. Hirst and Mr. Martínez Seara continue the growth of the firm’s Advisory & Transformation offerings across EMEA. In their role at FTI Consulting, they advise public and private sector organisations on the planning, development and execution of major construction and infrast ...
FTI Consulting Enhances Food, Agriculture & Beverage Offering with Appointment of Two Industry Experts
GlobeNewswire News Room· 2024-12-04 12:30
WASHINGTON, Dec. 04, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the expansion of its Food, Agriculture & Beverage practice with the appointment of industry experts Polly Ruhland as a Senior Managing Director and Cassandra Oliveira as a Managing Director within the firm’s Corporate Finance & Restructuring segment. Ms. Ruhland is a business strategy expert with more than 25 years of leadership experience, including as Chief Executive Officer of both the United Soybean Board and ...
LanzaTech Appoints TechnipFMC's Former Executive Chairman Thierry Pilenko to Board of Directors
GlobeNewswire News Room· 2024-11-25 21:15
CHICAGO, Nov. 25, 2024 (GLOBE NEWSWIRE) -- LanzaTech Global, Inc. (NASDAQ: LNZA) (“LanzaTech” or the “Company”), the carbon recycling company transforming above-ground carbon into sustainable fuels, chemicals, materials, and protein, today announced the appointment of Thierry Pilenko, former Executive Chairman of TechnipFMC plc (“TechnipFMC”), to its Board of Directors. With more than 40 years of experience in the energy and industrial sectors, Pilenko brings invaluable expertise and leadership related to l ...
TechnipFMC Stock Rallies to 52-Week High: Buy, Hold or Sell?
ZACKS· 2024-11-22 21:01
Oilfield services provider, TechnipFMC plc (FTI) has given an impressive performance since the beginning of 2024. Continuing its uptrend, the stock closed Thursday’s session at $30.02 after setting a new 52-week high of $30.23 earlier in the day. As shown in this chart, with the advance, FTI shares are up nearly 50% this year, comfortably outperforming the S&P 500. The company is also faring better than its peers like Oceaneering International (OII) and Core Labs (CLB) .FTI, OII and CLB Year-to-Date Stock P ...