Analyst’s Review to Watch: FMC Technologies, Inc. (NYSE:FTI)

The shares of FMC Technologies, Inc. (NYSE:FTI)currently has mean rating of 2.6 while 0 analyst have recommended the shares as ‘BUY’ ,0 recommended as ‘OUTPERFORM’ and 0 recommended as ‘HOLD’.The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell

The mean price target for the shares of FMC Technologies, Inc. (NYSE:FTI)is at $32.54 while the highest price target suggested by the analysts is $47.00 and low price target is $21.00. The mean price target is calculated keeping in view the consensus of 26 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 1.26B by 25 analysts. The means estimate of sales for the year ending Dec 16 is 4.93B by 30 analysts.

The average estimate of EPS for the current fiscal quarter for FMC Technologies, Inc. (NYSE:FTI)stands at $0.30 while the EPS for the current year is fixed at $1.08 by 31.00 analysts

The next one year’s EPS estimate is set at 1.05 by 34.00 analysts while a year ago the analysts suggested the company’s EPS at $1.08. The analysts also projected the company’s long-term growth at 4.74% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , FMC Technologies, Inc. (NYSE:FTI)reported earnings of $0.22. The posted earnings missed the analyst’s consensus by $-0.08 with the surprise factor of -26.70%. In the matter of earnings surprises, the term ‘Cockroach Effect’ is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

FMC Technologies, Inc. (NYSE:FTI) traded up +3.60% during trading on Friday, hitting $27.53 . The stock had a trading volume of 3.8 M shares. The firm has a 50 day moving average of $27.80 and a 200-day moving average of $27.20. The stock has a market cap of $6.12B and a price-to-earnings ratio of 23.42. On Jun 24, 2015 the shares registered one year high at $42.79 and the one year low was seen on Feb 11, 2016.

FMC Technologies, Inc., together with its subsidiaries, designs, manufactures, and services technological systems and products for customers in the energy industry worldwide. It operates through Subsea Technologies, Surface Technologies, and Energy Infrastructure segments. The Subsea Technologies segment offers subsea systems for the offshore production of crude oil and natural gas; and installation, asset management, product optimization, and well access and intervention services, as well as inspection, maintenance, and repair services. This segment also provides electric and hydraulic work-class remotely operating vehicle, tether-management, launch and recovery, remote manipulator arms, and modular control systems for subsea applications, as well as support services, such as product training, pilot simulator training, spare parts, and technical assistance; and offers multiphase and wetgas meters to measure production rates of oil, water, and gas for topside and subsea applications. The Surface Technologies segment offers wellhead systems for standard and custom-engineered applications; fluid control products for the well completion and stimulation activities; and flowback, cased hole electric wireline and slickline, specialty logging, and well optimization services. The Energy Infrastructure segment provides measurement products, such as flow computers and control systems, and gas and liquid measurement systems, as well as floating production, storage, and off-loading metering systems; and design, engineering, project management, training, commissioning, and aftermarket services. This segment also offers land- and marine-based loading and transfer systems for ship-to-ship loading and offloading operations; systems that separate production flows from wells into oil, gas, sand, and water; and automation, control, and information technology services. FMC Technologies, Inc. was founded in 2000 and is headquartered in Houston, Texas.

Analysts Ratings on Franklin Resources (NYSE:BEN)

The shares of Franklin Resources, Inc. (NYSE:BEN)currently has mean rating of 3.2 while 0 analyst have recommended the shares as ‘BUY’ ,0 recommended as ‘OUTPERFORM’ and 0 recommended as ‘HOLD’.The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell

The mean price target for the shares of Franklin Resources, Inc. (NYSE:BEN)is at $36.57 while the highest price target suggested by the analysts is $43.00 and low price target is $28.00. The mean price target is calculated keeping in view the consensus of 14 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 1.63B by 10 analysts. The means estimate of sales for the year ending Sep 16 is 6.64B by 13 analysts.

The average estimate of EPS for the current fiscal quarter for Franklin Resources, Inc. (NYSE:BEN)stands at $0.68 while the EPS for the current year is fixed at $2.70 by 14.00 analysts

The next one year’s EPS estimate is set at 2.79 by 16.00 analysts while a year ago the analysts suggested the company’s EPS at $2.70. The analysts also projected the company’s long-term growth at -6.03% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , Franklin Resources, Inc. (NYSE:BEN)reported earnings of $0.61. The posted earnings missed the analyst’s consensus by $-0.03 with the surprise factor of -4.70%. In the matter of earnings surprises, the term ‘Cockroach Effect’ is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

Franklin Resources, Inc. (NYSE:BEN) traded up +0.91% during trading on Friday, hitting $33.51 . The stock had a trading volume of 3.8 M shares. The firm has a 50 day moving average of $35.66 and a 200-day moving average of $36.40. The stock has a market cap of $19.51B and a price-to-earnings ratio of 12.08. On Jun 22, 2015 the shares registered one year high at $51.94 and the one year low was seen on Feb 11, 2016.

On June 16, 2016 Franklin Resources, Inc. (NYSE:BEN) announced that Hank Murphy has joined the firm as a managing director and portfolio manager responsible for investment manager research, selection and monitoring. He will be based in the firm’s headquarters in New York City.

“Hank’s integrity, experience, and collaborative approach will make him a strong fit within our organization,” said Wayne Sprague, executive vice president and director of Advisory Services. “He will be a valuable resource for our clients and colleagues for years to come.”

Mr. Murphy joins Fiduciary Trust with over 25 years of experience in alternative investments. Most recently, he served as a partner and director of Investor Relations and Business Development at SLS Capital, a New York-based hedge fund. He has also held senior positions at Investcorp International, where he founded and managed Investcorp’s hedge fund seeding platform, as well as Tiger Management and Cambridge Associates. Prior to entering the investment business, Mr. Murphy served as a Lieutenant and Division Officer in the U.S. Navy. He received his Master of Arts in International Relations from Boston University and a Bachelor of Arts degree from the University of New Hampshire.

About Fiduciary Trust

Fiduciary Trust Company International, a global investment management firm, has served individuals, families, endowments and foundations since 1931. With over $74.8 billion in assets under administration and management as of March 31, 2016, the firm specializes in strategic wealth planning, investment management and trust and estate services, as well as tax and custody services. The firm and its subsidiaries maintain offices in New York, Coral Gables, FL, Boca Raton, FL, St. Petersburg, FL, Los Angeles, San Mateo, CA, Washington, D.C., Wilmington, DE, and London. For more information please visit fiduciarytrust.com.