Upward Trajectory: FMC Corp. (FMC) Posts a Gaine, Closing at 58.06

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The closing price of FMC Corp. (NYSE: FMC) was $58.06 for the day, up 1.13% from the previous closing price of $57.41. In other words, the price has increased by $1.13 from its previous closing price. On the day, 1.16 million shares were traded. FMC stock price reached its highest trading level at $58.1 during the session, while it also had its lowest trading level at $56.285.

Ratios:

Our analysis of FMC’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.28. 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.

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, Barclays on June 26, 2024, initiated with a Equal Weight rating and assigned the stock a target price of $62.

Loop Capital Downgraded its Buy to Hold on February 12, 2024, whereas the target price for the stock was revised from $68 to $55.

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 7246933504 and an Enterprise Value of 11251377152. As of this moment, FMC’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.49, and their Forward P/E ratio for the next fiscal year is 11.92. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.45. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.78 while its Price-to-Book (P/B) ratio in mrq is 1.68. Its current Enterprise Value per Revenue stands at 2.771 whereas that against EBITDA is 16.986.

Stock Price History:

The Beta on a monthly basis for FMC is 0.84, which has changed by -0.39928848 over the last 52 weeks, in comparison to a change of 0.23279357 over the same period for the S&P500. Over the past 52 weeks, FMC has reached a high of $97.45, while it has fallen to a 52-week low of $49.49. The 50-Day Moving Average of the stock is -2.24%, while the 200-Day Moving Average is calculated to be -1.15%.

Shares Statistics:

FMC traded an average of 1.91M shares per day over the past three months and 1390570 shares per day over the past ten days. A total of 124.76M shares are outstanding, with a floating share count of 123.84M. Insiders hold about 0.78% of the company’s shares, while institutions hold 98.61% stake in the company. Shares short for FMC as of 1719532800 were 8664785 with a Short Ratio of 4.54, compared to 1717113600 on 8973592. Therefore, it implies a Short% of Shares Outstanding of 8664785 and a Short% of Float of 8.8999994.

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 0.040411077The stock’s 5-year Average Dividend Yield is 2.15. The current Payout Ratio is 22.08% for FMC, which recently paid a dividend on 2024-06-28 with an ex-dividend date of 1719532800. Stock splits for the company last occurred on 2019-03-04 when the company split stock in a 1153:1000 ratio.

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