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FMC Technologies, Inc. Message Board

  • buybackerer buybackerer Apr 23, 2014 4:58 PM Flag


    FTI may be a little rich , in terms of price , but if you are a patient investor , this looks like a good longterm buy . Estimates for EPS are $3.26 in 2015 , that's over a 20% increase from 2014 estimate and gives you a 2015 price of about $65 . With deepsea drilling picking up , FTI could do even better than estimates . You must take into consideration the price of crude for 2015 and beyond (it seems that $100 a barrel is the trigger for increased ocean drilling).

62.17-0.33(-0.53%)Jul 30 4:02 PMEDT

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