German construction sector still in recession, civil engineering only bright spot
TechnipFMC PLC’s stock reached a 52-week high, hitting 38.62 USD, marking a significant milestone for the $15.4 billion market cap company. With a perfect Piotroski Score of 9 according to InvestingPro, the company demonstrates strong financial health, supported by a solid return on equity of 30%. This achievement comes as the stock has experienced a remarkable 47.66% increase over the past year, with analysts setting price targets ranging from $30 to $51. The company’s strong performance in the market reflects investor confidence and positive sentiment surrounding its operations and future prospects, supported by a healthy revenue growth of 11.75% in the last twelve months. As TechnipFMC continues to navigate the complexities of the global energy sector, this new high underscores its resilience and strategic positioning in the industry. InvestingPro analysis reveals 8 additional key insights about the company’s potential, available through their comprehensive Pro Research Report, which provides deep-dive analysis of over 1,400 US stocks.
In other recent news, TechnipFMC reported impressive second-quarter 2025 financial results, surpassing market expectations. The company achieved earnings per share of $0.68, exceeding the anticipated $0.58, and reported revenue of $2.53 billion, which was higher than the forecasted $2.48 billion. Following these results, Bernstein analyst Guillaume Delaby raised the price target for TechnipFMC from $32 to $37, maintaining a Market Perform rating. Additionally, TechnipFMC announced it is now targeting the high end of its 2025 guidance. The energy company will also be added to the S&P MidCap 400 index, replacing Skechers USA Inc., which is being acquired by 3G Capital. These developments reflect a period of positive momentum for TechnipFMC.
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