The price of FMC Corp. (NYSE: FMC) closed at $55.43 in the last session, down -2.31% from day before closing price of $56.74. On the day, 1499830 shares were traded.
Ratios:
We take a closer look at FMC’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.01 and its Current Ratio is at 1.52. In the meantime, Its Debt-to-Equity ratio is 0.93 whereas as Long-Term Debt/Eq ratio is at 0.71.
On February 12, 2024, Loop Capital Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $68 to $55.
Exane BNP Paribas Downgraded its Outperform to Neutral on February 07, 2024, while the target price for the stock was maintained at $56.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 04 ’24 when Sandifer Andrew D bought 2,150 shares for $59.22 per share. The transaction valued at 127,323 led to the insider holds 50,088 shares of the business.
Pallash Robert C bought 3,845 shares of FMC for $201,786 on Nov 27 ’23. The Director now owns 47,871 shares after completing the transaction at $52.48 per share. On Sep 13 ’23, another insider, pereira ronaldo, who serves as the EVP, President, FMC Americas of the company, bought 2,000 shares for $75.59 each. As a result, the insider paid 151,180 and bolstered with 21,478 shares of the company.
Valuation Measures:
As of this moment, FMC’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.27, and their Forward P/E ratio for the next fiscal year is 11.14. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.17. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.54 while its Price-to-Book (P/B) ratio in mrq is 1.57.
Stock Price History:
Over the past 52 weeks, FMC has reached a high of $125.20, while it has fallen to a 52-week low of $49.49.
Shares Statistics:
A total of 124.76M shares are outstanding, with a floating share count of 123.95M. Insiders hold about 0.70% of the company’s shares, while institutions hold 92.61% stake in the company.
Earnings Estimates
The company has 16 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.33 for the current quarter, with a high estimate of $0.48 and a low estimate of $0.26, while EPS last year was $1.77. The consensus estimate for the next quarter is $0.67, with high estimates of $0.91 and low estimates of $0.45.
Analysts are recommending an EPS of between $4.1 and $3.45 for the fiscal current year, implying an average EPS of $3.79. EPS for the following year is $5.04, with 18 analysts recommending between $5.89 and $4.25.
Revenue Estimates
According to 14 analysts, the current quarter’s revenue is expected to be $1.01B. It ranges from a high estimate of $1.05B to a low estimate of $961.78M. As of the current estimate, FMC Corp.’s year-ago sales were $1.34B, an estimated decrease of -24.80% from the year-ago figure.
A total of 18 analysts have provided revenue estimates for FMC’s current fiscal year. The highest revenue estimate was $4.64B, while the lowest revenue estimate was $4.46B, resulting in an average revenue estimate of $4.55B. In the same quarter a year ago, actual revenue was $4.49B, up 1.30% from the average estimate. Based on 18 analysts’ estimates, the company’s revenue will be $4.87B in the next fiscal year. The high estimate is $5.16B and the low estimate is $4.69B. The average revenue growth estimate for next year is up 7.20% from the average revenue estimate for this year.
