Somewhat Favorable Press Coverage Somewhat Unlikely to Impact FMC Technologies (FTI) Share Price

News articles about FMC Technologies (NYSE:FTI) have trended somewhat positive recently, according to Accern. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. FMC Technologies earned a media sentiment score of 0.06 on Accern’s scale. Accern also gave media coverage about the oil and gas company an impact score of 46.0587337223033 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Shares of FMC Technologies (NYSE:FTI) opened at 26.55 on Tuesday. FMC Technologies has a one year low of $25.17 and a one year high of $37.09. The company’s 50-day moving average is $26.83 and its 200-day moving average is $28.60. The company has a market capitalization of $12.40 billion, a PE ratio of 32.10 and a beta of 0.95.

FMC Technologies (NYSE:FTI) last issued its quarterly earnings data on Wednesday, July 26th. The oil and gas company reported $0.45 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.37 by $0.08. The firm had revenue of $3.85 billion for the quarter, compared to analyst estimates of $3.80 billion. Equities analysts predict that FMC Technologies will post $1.06 earnings per share for the current year.

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FTI has been the subject of several recent analyst reports. Jefferies Group LLC reiterated a “hold” rating and issued a $31.00 price objective on shares of FMC Technologies in a report on Friday, July 14th. Seaport Global Securities reiterated a “neutral” rating on shares of FMC Technologies in a report on Thursday, July 27th. BidaskClub cut shares of FMC Technologies from a “sell” rating to a “strong sell” rating in a report on Tuesday, June 20th. UBS AG reiterated a “buy” rating and issued a $36.00 price objective (down from $40.00) on shares of FMC Technologies in a report on Monday, July 31st. Finally, BMO Capital Markets reiterated a “hold” rating and issued a $35.00 price objective on shares of FMC Technologies in a report on Thursday, June 22nd. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and twelve have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $35.09.

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About FMC Technologies

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.

Insider Buying and Selling by Quarter for FMC Technologies (NYSE:FTI)

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