In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
As of close of business last night, FMC Corp.’s stock clocked out at $67.02, up 3.36% from its previous closing price of $64.84. In other words, the price has increased by $3.36 from its previous closing price. On the day, 1.35 million shares were traded. FMC stock price reached its highest trading level at $67.38 during the session, while it also had its lowest trading level at $65.27.
Ratios:
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 20.02 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 40.73. For the most recent quarter (mrq), Quick Ratio is recorded 1.02 and its Current Ratio is at 1.46. In the meantime, Its Debt-to-Equity ratio is 1.04 whereas as Long-Term Debt/Eq ratio is at 0.73.
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:
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 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FMC now has a Market Capitalization of 8365301760 and an Enterprise Value of 12450873344. As of this moment, FMC’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.49, and their Forward P/E ratio for the next fiscal year is 13.31. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.06 while its Price-to-Book (P/B) ratio in mrq is 1.94. Its current Enterprise Value per Revenue stands at 3.066 whereas that against EBITDA is 18.797.
Stock Price History:
Over the past 52 weeks, FMC has reached a high of $112.10, while it has fallen to a 52-week low of $49.49. The 50-Day Moving Average of the stock is 10.35%, while the 200-Day Moving Average is calculated to be 4.08%.
Shares Statistics:
It appears that FMC traded 2.04M shares on average per day over the past three months and 2156840 shares per day over the past ten days. A total of 124.76M shares are outstanding, with a floating share count of 123.91M. Insiders hold about 0.73% of the company’s shares, while institutions hold 90.71% stake in the company. Shares short for FMC as of 1713139200 were 9763181 with a Short Ratio of 4.79, compared to 1710460800 on 7249560. Therefore, it implies a Short% of Shares Outstanding of 9763181 and a Short% of Float of 10.0200005.
Dividends & Splits
With its trailing 12-month dividend rate of 2.32, FMC has a forward annual dividend rate of 2.32. Against a Trailing Annual Dividend Yield of 0.035780385The stock’s 5-year Average Dividend Yield is 2.07.
