FTI’s implied volatility in context

TechnipFMC’s (FTI) first-quarter financial results were released on May 9. Between May 9 and July 10, TechnipFMC’s implied volatility has decreased from 36.7% to 35.9%. The company’s stock price decreased 5% during this period.

Stock price forecast for TechnipFMC

TechnipFMC will likely close between $34.17 and $29.53 by July 25 based on its implied volatility. The forecast considers a normal distribution of stock prices and one standard deviation probability of 68.2%. TechnipFMC’s stock price closed at $31.85 on July 10.

What’s TechnipFMC’s Stock Price Forecast ahead of Earnings?

Implied volatility: comparison with peers

  • Helmerich & Payne’s (HP) implied volatility as of July 10 was 30.7%, which implies a stock price of $71.40–$63.04 by July 25.
  • CARBO Ceramics’ (CRR) implied volatility as of July 10 was 74.3%, which implies a stock price of $11.32–$8.36 by July 25.
  • Oil States International’s (OIS) implied volatility as of July 10 was 39.7%, which implies a stock price of $36.68–$31.22 by July 25.

Crude oil’s implied volatility

As of July 10, crude oil’s implied volatility was 24.1%, which implies a crude oil price of $77.74–$70.48 by July 25.

Next, we’ll discuss sell-side analysts’ recommendations for FTI.

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