As of close of business last night, FMC Corporation’s stock clocked out at 107.18, up 1.40% from its previous closing price of $105.70. In other words, the price has increased by $+1.48 from its previous closing price. On the day, 1039177 shares were traded. FMC reached its highest trading level at $108.04 during the session, while it also had its lowest trading level at $105.17.
To gain a deeper understanding of FMC’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 23.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 184.28. For the most recent quarter (mrq), Quick Ratio is recorded 1.00 and its Current Ratio is at 1.40. In the meantime, Its Debt-to-Equity ratio is 1.25 whereas as Long-Term Debt/Eq ratio is at 0.88.
Upgrades & Downgrades
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jun 07 when Pfeiffer Nicholas sold 1,000 shares for $119.78 per share. The transaction valued at 119,780 led to the insider holds 11,722 shares of the business.
Pfeiffer Nicholas sold 2,181 shares of FMC for $269,681 on Mar 11. The Corporate Controller now owns 12,722 shares after completing the transaction at $123.65 per share. On Mar 04, another insider, Sandifer Andrew D, who serves as the EVP and CFO of the company, sold 1,500 shares for $119.36 each. As a result, the insider received 179,040 and left with 39,208 shares of the company.
As of this moment, FMC’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.92, and their Forward P/E ratio for the next fiscal year is 12.67. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.55 while its Price-to-Book (P/B) ratio in mrq is 4.35.
Stock Price History:
Over the past 52 weeks, FMC has reached a high of $140.99, while it has fallen to a 52-week low of $87.42. The 50-Day Moving Average of the stock is 108.79, while the 200-Day Moving Average is calculated to be 115.35.
It appears that FMC traded 724.57K shares on average per day over the past three months and 765.51k shares per day over the past ten days. A total of 126.20M shares are outstanding, with a floating share count of 124.50M. Insiders hold about 0.40% of the company’s shares, while institutions hold 91.60% stake in the company. Shares short for FMC as of Jul 14, 2022 were 1.42M with a Short Ratio of 1.75, compared to 1.29M on Jun 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 1.12% and a Short% of Float of 1.27%.
Dividends & Splits
With its trailing 12-month dividend rate of 1.80, FMC has a forward annual dividend rate of 2.12. Against a Trailing Annual Dividend Yield of 1.70%, it implies a Forward Annual Dividend Yield of 1.91%. The stock’s 5-year Average Dividend Yield is 1.43. The current Payout Ratio is 37.10% for FMC, which recently paid a dividend on Oct 19, 2022 with an ex-dividend date of Sep 28, 2022. Stock splits for the company last occurred on Mar 03, 2019 when the company split stock in a 1153:1000 ratio.
As of right now, 17 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $1.88 for the current quarter, with a high estimate of $1.95 and a low estimate of $1.79, while EPS last year was $1.81. The consensus estimate for the next quarter is $1.59, with high estimates of $1.73 and low estimates of $1.4.
Analysts are recommending an EPS of between $7.95 and $7.3 for the fiscal current year, implying an average EPS of $7.62. EPS for the following year is $8.65, with 21 analysts recommending between $9.32 and $8.14.
In the current quarter, 13 analysts expect revenue to total $1.33B. It ranges from a high estimate of $1.35B to a low estimate of $1.28B. As of the current estimate, FMC Corporation’s year-ago sales were $1.23B, an estimated increase of 8.30% from the year-ago figure. For the next quarter, 13 analysts are estimating revenue of $1.28B, an increase of 6.90% less than the figure of $8.30% in the same quarter last year. There is a high estimate of $1.33B for the next quarter, whereas the lowest estimate is $1.23B.
A total of 19 analysts have provided revenue estimates for FMC’s current fiscal year. The highest revenue estimate was $5.52B, while the lowest revenue estimate was $5.35B, resulting in an average revenue estimate of $5.44B. In the same quarter a year ago, actual revenue was $5.05B, up 7.80% from the average estimate. Based on 19 analysts’ estimates, the company’s revenue will be $5.74B in the next fiscal year. The high estimate is $5.87B and the low estimate is $5.57B. The average revenue growth estimate for next year is up 5.60% from the average revenue estimate for this year.