TechnipFMC PLC
FTI: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$23.00 | Ryk | Rvxxxcg |
TechnipFMC Earnings: Momentum Stabilizes While Order Book and Margins Continue to Grow
Technip reported first-quarter results that affirmed the momentum in orders that has been gathering behind it over the last two quarters. We are reaffirming our $18 fair value estimate and no-moat rating.