Workflow
TechnipFMC plc (FTI) Hit a 52 Week High, Can the Run Continue?
FTITechnipFMC(FTI) ZACKS·2024-07-30 14:15

What's Driving the Outperformance? FMC Technologies may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company is due for a pullback from this level. In terms of its value breakdown, the stock currently trades at 24.3X current fiscal year EPS estimates, which is a premium to the peer industry average of 19.4X. On a trailing cash flow basis, the stock currently trades at 22.1X versu ...