The shares of TechnipFMC plc (NYSE:FTI) has been pegged with a rating of Buy by HSBC Securities in its latest research note that was published on March 22nd, 2019. HSBC Securities wasn’t the only research firm that published a report of TechnipFMC plc, with other equities research analysts also giving their opinion on the stock. Goldman advised investors in its research note published on March 11th, 2019, to Buy the FTI stock. The stock had earned Buy rating from Berenberg when it published its report on February 26th, 2019. The stock was given Neutral rating by Exane BNP Paribas in its report released on January 22nd, 2019. Seaport Global Securities was of a view that FTI is Buy in its latest report on December 14th, 2018. Bernstein thinks that FTI is worth Mkt Perform rating. This was contained in the firm’s report on December 10th, 2018.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 5 believe it has the potential for further growth, thus rating it as Hold while 8 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $29.26. The price of the stock the last time has raised by 37.14% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 61.01.
The shares of the company added by 2.09% during the trading session on Monday, reaching a low of $24.49 while ending the day at $24.96. During the trading session, a total of 3.78 million shares were traded which represents a 5.37% incline from the average session volume which is 3.99M shares. FTI had ended its last session trading at 24.45. TechnipFMC plc currently has a market cap of $11.25B while its P/E earnings growth sits at 0.90. TechnipFMC plc debt-to-equity ratio currently stands at 0.40, while its quick ratio hovers at 1.10. FTI 52-week low price stands at $18.20 while its 52-week high price is $34.39.
The company in its last quarterly report recorded -$0.09 earnings per share which is below the $0.37 predicted by most analysts. The TechnipFMC plc generated $3,323.00 million in revenue during the last quarter, which is slightly lower than the $3,398.78 million predicted by analysts. In the second quarter last year, the firm recorded $0.31 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 444.44%. TechnipFMC plc has the potential to record -4.24 EPS for the current fiscal year, according to equities analysts.
Investment analysts at ROTH Capital published a research note on October 31st, 2017 where it informed investors and clients that Iconix Brand Group, Inc. (NASDAQ:ICON) is now rated as Neutral. Goldman also rated ICON as Initiated on March 11th, 2019, with its price target of $41 suggesting that ICON could down by -INF% from its current share price. It started the day trading at $2.47 and traded between $1.90 and $2.38 throughout the trading session.
A look at its technical shows that ICON’s 50-day SMA is 2.09 while its 200-day SMA stands at 2.62. At the moment, only of Iconix Brand Group, Inc. shares were sold short. The company’s average trading volume currently stands at 440.14K shares, which means that the short-interest ratio is just 2.37 days. Over the past seven days, the company moved, with its shift of 58.67%. Looking further, the stock has raised 65.05% over the past 90 days while it gained 16.10% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. Gesiuris Asset Management SGIIC S bought more ICON shares, increasing its portfolio by +162.55% during the last quarter. This move now sees Gesiuris Asset Management SGIIC S purchasing 269,292 shares in the last quarter, thus it now holds 434,964 shares of ICON, with a total valuation of $896,026. Renaissance Technologies LLC meanwhile bought more ICON shares in the recently filed quarter, changing its stake to $261,159 worth of shares. The Vanguard Group Inc followed the path by decreasing its ICON portfolio by -75.39% in the quarter. This means that The Vanguard Group Inc sold -335,309 shares in the last quarter and now controls 109,444 shares of the ICON stock, with the valuation hitting $225,455.
Similarly, BlackRock Fund Advisors increased its Iconix Brand Group, Inc. shares by +0.39% during the recently filed quarter. After buying 347 shares in the last quarter, the firm now controls 89,668 shares of Iconix Brand Group, Inc. which are valued at $184,716. In the same vein, Permit Capital LLC decreased its Iconix Brand Group, Inc. shares by during the most recent reported quarter. The firm sold -96,519 shares during the quarter which decreased its stakes to 79,481 shares and is now valued at $163,731. Following these latest developments, around 6.90% of Iconix Brand Group, Inc. stocks are owned by institutional investors and hedge funds.