TechnipFMC Has Not Become Overvalued, Despite Its Spectacular Rally
2025-12-10 07:58:24 ET
About two years ago, I analyzed why TechnipFMC ( FTI ) was reasonably valued back then, despite its 98% rally in the preceding 12 months. Since that article, the stock has offered an outsized total return of 132% and thus it has vastly outperformed the S&P 500 and the Energy Select Sector SPDR Fund ETF ( XLE ), which have offered total returns of 60% and 10%, respectively. The spectacular rally of TechnipFMC has resulted from great improvement in business performance and especially from a sustained increase in the backlog, as the company has been receiving new orders greater than its sales for several quarters in a row....
Read the full article on Seeking Alpha
For further details see:
TechnipFMC Has Not Become Overvalued, Despite Its Spectacular Rally
NASDAQ: FTI
FTI Trading
0.52% G/L:
$63.42 Last:
1,310,283 Volume:
$63.28 Open:
