About FMC Corporation (NYSE:FMC)
FMC Corporation is a diversified chemical company serving agricultural, consumer and industrial markets. The Company operates in three business segments: FMC Agricultural Solutions, FMC Health and Nutrition, and FMC Lithium. As of December 31, 2016, the FMC Agricultural Solutions segment developed, marketed and sold three classes of crop protection chemicals: insecticides, herbicides and fungicides. The Company's FMC Agricultural Solutions segment operates in the agrochemicals industry. This segment develops, manufactures and sells a portfolio of professional pest control, and lawn and garden products. The FMC Health and Nutrition segment focuses on nutritional ingredients, health excipients and functional health ingredients. The Company's FMC Health and Nutrition segment focuses on food ingredients, pharmaceutical excipients and omega-3 oils. The Company's FMC Lithium segment manufactures lithium for use in a range of lithium products.
Industry, Sector and Symbol:
- Sector: Basic Materials
- Industry: Diversified Chemicals
- Sub-Industry: Diversified Chemicals
- Symbol: NYSE:FMC
- CUSIP: 30249130
- Web: www.fmc.com
- Market Cap: $12.68 billion
- Outstanding Shares: 134,128,000
- 50 Day Moving Avg: $90.03
- 200 Day Moving Avg: $79.89
- 52 Week Range: $45.91 - $95.08
Sales & Book Value:
- Trailing P/E Ratio: 279.29
- Foreward P/E Ratio: 18.36
- P/E Growth: 2.83
- Annual Revenue: $3.31 billion
- Price / Sales: 3.83
- Book Value: $15.00 per share
- Price / Book: 6.30
- Annual Dividend: $0.66
- Dividend Yield: 0.7%
- EBITDA: $708.4 million
- Net Margins: 1.58%
- Return on Equity: 16.51%
- Return on Assets: 5.44%
- Debt-to-Equity Ratio: 0.79%
- Current Ratio: 2.26%
- Quick Ratio: 1.91%
- Average Volume: 1.10 million shs.
- Beta: 1.61
- Short Ratio: 1.84
Frequently Asked Questions for FMC Corporation (NYSE:FMC)
What is FMC Corporation's stock symbol?
FMC Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "FMC."
How often does FMC Corporation pay dividends? What is the dividend yield for FMC Corporation?
FMC Corporation declared a quarterly dividend on Friday, July 21st. Shareholders of record on Friday, September 29th will be given a dividend of $0.165 per share on Thursday, October 19th. This represents a $0.66 dividend on an annualized basis and a yield of 0.70%. The ex-dividend date is Thursday, September 28th. View FMC Corporation's Dividend History.
How were FMC Corporation's earnings last quarter?
FMC Corporation (NYSE:FMC) issued its earnings results on Tuesday, August, 1st. The company reported $0.48 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.47 by $0.01. The firm earned $656.80 million during the quarter, compared to analyst estimates of $614.01 million. FMC Corporation had a net margin of 1.58% and a return on equity of 16.51%. The business's quarterly revenue was up 6.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.46 EPS. View FMC Corporation's Earnings History.
When will FMC Corporation make its next earnings announcement?
What guidance has FMC Corporation issued on next quarter's earnings?
FMC Corporation updated its FY17 earnings guidance on Tuesday, August, 1st. The company provided EPS guidance of $2.30-2.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.44.
Where is FMC Corporation's stock going? Where will FMC Corporation's stock price be in 2017?
18 equities research analysts have issued twelve-month target prices for FMC Corporation's stock. Their forecasts range from $70.00 to $108.00. On average, they expect FMC Corporation's stock price to reach $89.50 in the next twelve months. View Analyst Ratings for FMC Corporation.
What are analysts saying about FMC Corporation stock?
Here are some recent quotes from research analysts about FMC Corporation stock:
- 1. According to Zacks Investment Research, "FMC Corp. has outperformed the industry it belongs to over a year. The company is seeing strong demand in its Lithium unit and is expanding production capacity to meet growing demand for electric vehicles. Moreover, FMC Corp. will benefit from the cost synergies of the Cheminova buyout. The proposed acquisition of a major portion of DuPont's Crop Protection business has also provided a significant growth platform for the company's Agricultural Solutions unit. The company should also gain from its efforts to expand product portfolio." (10/3/2017)
- 2. Jefferies Group LLC analysts commented, "The ag market remains uneven with a rebound in Latin America and Asia needed to offset weather-related weakness in Europe and inventory destocking issues in North America. Lithium pricing remains strong and an increase in production will buoy growth through 2020E. The products purchased from DuPont (DD, Buy) are projected to add between $1.09-$1.41 to 2018E EPS. Including H&N, Q1 EPS was $0.08 above consensus and $0.07 above our forecast: The H&N segment was moved to discontinued ops in preparation for the sale to DuPont. +$0.09 in Ag; in-line in Lithium; +$0.01 in Corporate. Ag sales fell 3% YoY (-3% volume, flat FX, flat price), and Lithium sales rose 9% (-10% volumes, -1% FX, +20% price)." (5/5/2017)
- 3. Robert W. Baird analysts commented, "FMC is a quality specialty chemical company which produces agricultural, health and nutrition, and lithium products. Although we like the business and recent execution, we are looking for additional clarity around 2017, which is expected to be back-half loaded. Additionally, while FMC has one of the better lithium businesses in the market, Lithium represents a small piece of FMC's business. We would look to become more constructive on pullbacks noting FMC is a leader in Agricultural Solutions." (3/22/2017)
Are investors shorting FMC Corporation?
FMC Corporation saw a decrease in short interest during the month of September. As of September 29th, there was short interest totalling 1,953,113 shares, a decrease of 46.0% from the September 15th total of 3,616,935 shares. Based on an average trading volume of 1,430,868 shares, the days-to-cover ratio is currently 1.4 days. Currently, 1.5% of the company's stock are sold short.
Who are some of FMC Corporation's key competitors?
Some companies that are related to FMC Corporation include Anglo Amer Adr (NGLOY), Basf Se (BASFY), International Paper Company (IP), POSCO (PKX), Barrick Gold Corp (ABX), Crh Plc (CRH), Akzo Nobel NV (AKZOY), Freeport-McMoran (FCX), Alumina (AWCMY), Potash Co. of Saskatchewan (POT), Newmont Mining Corporation (NEM), Nucor Corporation (NUE), Agrium (AGU), Vedanta Limited (VEDL), Barrick Gold Corporation (ABX), Franco Nevada Corp (FNV), Anglo American plc (AAL) and Pembina Pipeline Corp (PPL).
Who are FMC Corporation's key executives?
FMC Corporation's management team includes the folowing people:
- Pierre R. Brondeau Ph.D., Chairman of the Board, President, Chief Executive Officer
- Paul W. Graves, Chief Financial Officer, Executive Vice President
- Mark A. Douglas, President of FMC Agricultural Solutions
- Eric W. Norris, President of Health and Nutrition Business
- Andrea E. Utecht, Executive Vice President, General Counsel, Secretary
- Eduardo E. Cordeiro, Independent Director
- G. Peter D'Aloia, Independent Director
- C. Scott Greer, Independent Director
- K'Lynne Johnson, Independent Director
- Dirk A. Kempthorne, Independent Director
How do I buy FMC Corporation stock?
Shares of FMC Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is FMC Corporation's stock price today?
MarketBeat Community Rating for FMC Corporation (NYSE FMC)MarketBeat's community ratings are surveys of what our community members think about FMC Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of FMC Corporation stock can currently be purchased for approximately $94.55.
Consensus Ratings for FMC Corporation (NYSE:FMC) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||5 Hold Ratings, 13 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.72)|
|Consensus Price Target: ||$89.50 (5.34% downside)|Consensus Price Target History for FMC Corporation (NYSE:FMC)
Analysts' Ratings History for FMC Corporation (NYSE:FMC)
(Data available from 10/20/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/16/2017||KeyCorp||Boost Price Target||Buy||$98.00 -> $105.00||N/A|
|10/12/2017||Jefferies Group LLC||Reiterated Rating||Buy||$108.00||N/A|
|10/11/2017||Royal Bank Of Canada||Reiterated Rating||Buy||$93.00||N/A|
|10/6/2017||Piper Jaffray Companies||Set Price Target||Hold||$85.00||N/A|
|9/28/2017||Loop Capital||Initiated Coverage||Buy -> Buy||$102.00||Low|
|9/12/2017||Robert W. Baird||Reiterated Rating||Hold||$86.00||Low|
|8/31/2017||Bank of America Corporation||Upgrade||Underperform -> Buy||$66.00 -> $103.00||High|
|8/9/2017||Instinet||Upgrade||Neutral -> Buy||$78.00 -> $97.00||Low|
|8/8/2017||Susquehanna Bancshares Inc||Boost Price Target||Positive||$86.00 -> $100.00||Low|
|8/4/2017||Nomura||Upgrade||Neutral -> Buy||$78.00 -> $97.00||Low|
|8/3/2017||BMO Capital Markets||Boost Price Target||Market Perform||$75.00 -> $80.00||Low|
|8/3/2017||Credit Suisse Group||Set Price Target||Buy||$85.00 -> $93.00||Medium|
|7/18/2017||Seaport Global Securities||Downgrade||Buy -> Neutral||$82.00 -> $80.00||Low|
|5/15/2017||Wells Fargo & Co||Upgrade||Market Perform -> Outperform||$85.00||High|
|4/11/2017||Citigroup Inc.||Boost Price Target||Neutral||$62.00 -> $75.00||High|
|4/3/2017||SunTrust Banks, Inc.||Upgrade||Hold -> Buy||$58.00 -> $82.00||Low|
|3/13/2017||Longbow Research||Reiterated Rating||Buy||Low|
|12/12/2016||Goldman Sachs Group, Inc. (The)||Upgrade||Neutral -> Buy||$54.00 -> $70.00||N/A|
Earnings History for FMC Corporation (NYSE:FMC)Earnings History by Quarter for FMC Corporation (NYSE FMC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/1/2017||Q2 2017||$0.47||$0.48||$614.01 million||$656.80 million||View||Listen|
|5/2/2017||Q1 2017||$0.56||$0.43||$742.50 million||$596.00 million||View||Listen|
|2/6/2017||Q416||$0.89||$0.88||$915.55 million||$865.60 million||View||Listen|
|11/2/2016||Q316||$0.59||$0.67||$674.10 million||$808.00 million||View||N/A|
|8/2/2016||Q216||$0.68||$0.69||$889.70 million||$810.30 million||View||Listen|
|5/2/2016||Q116||$0.53||$0.58||$779.12 million||$798.80 million||View||Listen|
|2/10/2016||Q415||$0.63||$0.77||$954.55 million||$899.30 million||View||Listen|
|10/28/2015||Q315||$0.38||$0.42||$985.39 million||$831.00 million||View||Listen|
|8/5/2015||Q215||$0.70||$0.70||$952.77 million||$887.00 million||View||Listen|
|5/11/2015||Q1||$0.68||$0.62||$780.23 million||$659.40 million||View||Listen|
|2/4/2015||Q414||$1.00||$1.12||$1.18 million||$1.09 billion||View||Listen|
|10/29/2014||Q314||$0.96||$0.95||$1.06 billion||$1.02 billion||View||Listen|
|7/30/2014||Q214||$1.02||$1.01||$961.12 million||$987.80 million||View||Listen|
|5/6/2014||Q114||$0.95||$0.95||$927.24 million||$942.00 million||View||Listen|
|2/6/2014||Q413||$0.94||$1.05||$1.07 billion||$1.13 billion||View||Listen|
|10/29/2013||Q313||$0.82||$0.82||$976.54 million||$957.40 million||View||Listen|
|7/29/2013||Q2 2013||$0.94||$0.94||$964.32 million||$959.40 million||View||Listen|
|4/30/2013||Q1 2013||$1.07||$1.10||$1.04 billion||$990.20 million||View||Listen|
|2/6/2013||Q4 2012||$0.81||$0.81||$1.01 billion||$1,000.00 million||View||Listen|
|10/29/2012||Q312||$0.78||$0.79||$931.38 million||$902.40 million||View||N/A|
Earnings Estimates for FMC Corporation (NYSE:FMC)
2017 EPS Consensus Estimate: $2.62
2018 EPS Consensus Estimate: $3.45
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for FMC Corporation (NYSE:FMC)
|Most Recent Dividend:||10/19/2017|
|Dividend Growth:||-2.90% (3 Year Average)|
|Payout Ratio:||188.58% (Trailing 12 Months of Earnings) |
27.16% (Based on This Year's Estimates)
12.82% (Based on Next Year's Estimates)
|Track Record:||6 Years of Consecutive Dividend Growth|
Dividend History by Quarter for FMC Corporation (NYSE FMC)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for FMC Corporation (NYSE:FMC)
Insider Ownership Percentage: 1.10%Insider Trades by Quarter for FMC Corporation (NYSE:FMC)
Institutional Ownership Percentage: 90.46%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/14/2017||Dirk A Kempthorne||Director||Buy||219||$89.77||$19,659.63|| |
|8/29/2017||Andrea E Utecht||VP||Sell||14,174||$84.00||$1,190,616.00|| |
|6/14/2017||Mark Douglas||Insider||Sell||12,697||$75.82||$962,686.54|| |
|5/17/2017||Eric Norris||Insider||Sell||11,358||$75.75||$860,368.50|| |
|5/15/2017||Andrea E Utecht||VP||Sell||14,434||$74.62||$1,077,065.08|| |
|5/12/2017||William Howard Powell||Director||Sell||3,000||$72.73||$218,190.00|| |
|6/13/2016||Andrea E Utecht||VP||Sell||14,388||$48.72||$700,983.36|| |
|3/3/2016||Mark Douglas||Insider||Sell||10,480||$38.22||$400,545.60|| |
|9/1/2015||Paul J Norris||Director||Buy||7,000||$41.02||$287,140.00|| |
|9/1/2015||Paul W Graves||CFO||Buy||3,342||$40.84||$136,487.28|| |
|3/4/2014||Michael Smith||VP||Sell||12,376||$77.56||$959,882.56|| |
|8/13/2013||Graham Wood||VP||Sell||22,759||$65.96||$1,501,183.64|| |
|11/1/2012||Graham R Wood||VP||Sell||11,612||$54.17||$629,022.04|| |
Headline Trends for FMC Corporation (NYSE:FMC)
Latest Headlines for FMC Corporation (NYSE:FMC)
FMC Corporation (FMC) Chart for Friday, October, 20, 2017