FMC Technologies, Inc. (NYSE:FTI) – Equities researchers at Capital One Financial Corporation issued their Q2 2019 earnings per share (EPS) estimates for shares of FMC Technologies in a report released on Thursday. Capital One Financial Corporation analyst J. Gibney anticipates that the oil and gas company will post earnings per share of $0.23 for the quarter.

FTI has been the subject of a number of other research reports. Citigroup Inc. raised FMC Technologies from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $26.00 to $30.00 in a research note on Monday. BidaskClub downgraded shares of FMC Technologies from a “sell” rating to a “strong sell” rating in a research report on Tuesday, August 8th. Piper Jaffray Companies reissued a “buy” rating and set a $31.50 target price on shares of FMC Technologies in a research report on Tuesday, September 26th. UBS AG restated a “buy” rating and issued a $36.00 price target (down previously from $40.00) on shares of FMC Technologies in a report on Monday, July 31st. Finally, Seaport Global Securities restated a “neutral” rating on shares of FMC Technologies in a report on Thursday, July 27th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and twelve have given a buy rating to the stock. FMC Technologies presently has a consensus rating of “Buy” and a consensus price target of $34.62.

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FMC Technologies (FTI) traded down 1.01% during midday trading on Monday, reaching $27.55. The company’s stock had a trading volume of 2,108,277 shares. The company has a 50 day moving average price of $26.42 and a 200 day moving average price of $28.86. FMC Technologies has a 1-year low of $25.17 and a 1-year high of $37.09. The firm has a market cap of $12.87 billion, a price-to-earnings ratio of 33.31 and a beta of 0.95.

FMC Technologies (NYSE:FTI) last issued its quarterly earnings results on Wednesday, July 26th. The oil and gas company reported $0.45 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.37 by $0.08. The firm had revenue of $3.85 billion for the quarter, compared to analysts’ expectations of $3.80 billion.

Several large investors have recently bought and sold shares of the company. Perigon Wealth Management LLC lifted its stake in FMC Technologies by 19.7% in the first quarter. Perigon Wealth Management LLC now owns 5,017 shares of the oil and gas company’s stock valued at $163,000 after buying an additional 826 shares during the last quarter. Oppenheimer Asset Management Inc. bought a new position in shares of FMC Technologies during the first quarter worth about $165,000. MAVEN SECURITIES Ltd bought a new position in shares of FMC Technologies during the first quarter worth about $174,000. C M Bidwell & Associates Ltd. bought a new position in shares of FMC Technologies during the second quarter worth about $161,000. Finally, Koch Industries Inc. bought a new position in shares of FMC Technologies during the first quarter worth about $221,000. 65.35% of the stock is owned by institutional investors.

FMC Technologies Company Profile

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.

Earnings History and Estimates for FMC Technologies (NYSE:FTI)

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