Market Update: FMC Corp (FMC) Sees Negative Movement, Closing at 59.09

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In the latest session, FMC Corp (NYSE: FMC) closed at $59.09 down -1.02% from its previous closing price of $59.70. In other words, the price has decreased by -$1.02 from its previous closing price. On the day, 0.9 million shares were traded. FMC stock price reached its highest trading level at $60.32 during the session, while it also had its lowest trading level at $58.695.

Ratios:

For a deeper understanding of FMC Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.68. For the most recent quarter (mrq), Quick Ratio is recorded 1.09 and its Current Ratio is at 1.48. In the meantime, Its Debt-to-Equity ratio is 0.91 whereas as Long-Term Debt/Eq ratio is at 0.68.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Citigroup on October 23, 2024, initiated with a Neutral rating and assigned the stock a target price of $67.

On June 26, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $62.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jul 17 ’24 when Angeli Brian Paul sold 400 shares for $60.00 per share. The transaction valued at 24,000 led to the insider holds 5,879 shares of the business.

Sandifer Andrew D bought 2,150 shares of FMC for $127,323 on Mar 04 ’24. The EVP and CFO now owns 50,088 shares after completing the transaction at $59.22 per share. On Nov 27 ’23, another insider, Pallash Robert C, who serves as the Director of the company, bought 3,845 shares for $52.48 each. As a result, the insider paid 201,786 and bolstered with 47,871 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 7376559104 and an Enterprise Value of 11192134656. As of this moment, FMC’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.10, and their Forward P/E ratio for the next fiscal year is 12.70. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.35. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.74 while its Price-to-Book (P/B) ratio in mrq is 1.60. Its current Enterprise Value per Revenue stands at 2.685 whereas that against EBITDA is 15.914.

Stock Price History:

Over the past 52 weeks, FMC has reached a high of $68.72, while it has fallen to a 52-week low of $49.49. The 50-Day Moving Average of the stock is -5.85%, while the 200-Day Moving Average is calculated to be -2.03%.

Shares Statistics:

For the past three months, FMC has traded an average of 1.01M shares per day and 1466080 over the past ten days. A total of 124.76M shares are outstanding, with a floating share count of 123.86M. Insiders hold about 0.78% of the company’s shares, while institutions hold 98.50% stake in the company. Shares short for FMC as of 1728950400 were 5738592 with a Short Ratio of 5.70, compared to 1726185600 on 6334815. Therefore, it implies a Short% of Shares Outstanding of 5738592 and a Short% of Float of 5.89.

Dividends & Splits

According to the company, the forward annual dividend rate for FMC is 2.32, from 2.32 in the trailing year. Against a Trailing Annual Dividend Yield of 0.03886097The stock’s 5-year Average Dividend Yield is 2.28.

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