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The closing price of FMC Corp. (NYSE: FMC) was $57.80 for the day, down -1.03% from the previous closing price of $58.40. In other words, the price has decreased by -$1.03 from its previous closing price. On the day, 1.06 million shares were traded. FMC stock price reached its highest trading level at $58.58 during the session, while it also had its lowest trading level at $56.86.
Ratios:
Our analysis of FMC’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 7214422528 and an Enterprise Value of 11036472320. As of this moment, FMC’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.50, and their Forward P/E ratio for the next fiscal year is 11.62. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.22. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.61 while its Price-to-Book (P/B) ratio in mrq is 1.63. Its current Enterprise Value per Revenue stands at 2.46 whereas that against EBITDA is 12.781.
Stock Price History:
Over the past 52 weeks, FMC has reached a high of $124.61, while it has fallen to a 52-week low of $49.49. The 50-Day Moving Average of the stock is -1.92%, while the 200-Day Moving Average is calculated to be -12.58%.
Shares Statistics:
FMC traded an average of 2.11M shares per day over the past three months and 1508970 shares per day over the past ten days. A total of 124.76M shares are outstanding, with a floating share count of 123.94M. Insiders hold about 0.70% of the company’s shares, while institutions hold 92.51% stake in the company. Shares short for FMC as of 1713139200 were 9763181 with a Short Ratio of 4.62, 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 0.039726026The stock’s 5-year Average Dividend Yield is 2.03.
