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: $11.08303 billion
- Outstanding Shares: 134,128,000
- 50 Day Moving Avg: $78.74
- 200 Day Moving Avg: $70.89
- 52 Week Range: $44.40 - $85.17
Sales & Book Value:
- Trailing P/E Ratio: 245.19
- Foreward P/E Ratio: 17.43
- P/E Growth: 2.05
- Annual Revenue: $3.31 billion
- Price / Sales: 3.35
- Book Value: $15.00 per share
- Price / Book: 5.51
- Annual Dividend: $0.66
- Dividend Yield: 0.8%
- EBIDTA: $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: 1.06 million shs.
- Beta: 1.62
- 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 announced a quarterly dividend on Friday, July 21st. Investors 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 dividend yield of 0.80%. 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) posted its quarterly earnings data on Tuesday, August, 1st. The company reported $0.48 EPS for the quarter, topping the Zacks' consensus estimate of $0.47 by $0.01. The firm had revenue of $656.80 million for the quarter, compared to the consensus estimate of $614.01 million. FMC Corporation had a net margin of 1.58% and a return on equity of 16.51%. The firm's quarterly revenue was up 6.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.46 earnings per share. 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 issued an update on its FY17 earnings guidance on Tuesday, August, 1st. The company provided earnings per share (EPS) guidance of $2.30-2.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.44.
Where is FMC Corporation's stock going? Where will FMC Corporation's stock price be in 2017?
15 analysts have issued twelve-month target prices for FMC Corporation's stock. Their forecasts range from $70.00 to $100.00. On average, they expect FMC Corporation's stock price to reach $85.53 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.’s adjusted earnings and sales for second-quarter 2017 beat the respective Zacks Consensus Estimate. FMC Corp. has outperformed the industry it belongs to over a year. The company should gain from its efforts to expand product portfolio. It is also 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. However, FMC Corp. is faced with challenging agriculture market fundamentals, especially in North America. It is also exposed to headwind from weak prices. The company’s stretched valuation is another concern." (8/4/2017)
- 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)
Who are some of FMC Corporation's key competitors?
Some companies that are related to FMC Corporation include Freeport-McMoran (FCX), Barrick Gold Corporation (ABX), Newmont Mining Corporation (NEM), Potash Co. of Saskatchewan (POT), Franco Nevada Corp (FNV), ThyssenKrupp AG (TYEKF), Nucor Corporation (NUE), Agrium (AGU), Anglo American plc (AAL), Fresnillo PLC (FNLPF), Potash Corporation of Saskatchewan (POT), Franco-Nevada Corporation (FNV), Husky Energy (HSE), UPM-Kymmene Corp. (UPMKY), Westrock Company (WRK), Goldcorp (G), Vedanta Limited (VEDL) and Agnico Eagle Mines Ltd (AEM).
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
Who owns FMC Corporation stock?
FMC Corporation's stock is owned by a number of of institutional and retail investors. Top institutional investors include Fairpointe Capital LLC (1.17%), Frontier Capital Management Co. LLC (1.10%), Russell Investments Group Ltd. (0.55%), New York State Common Retirement Fund (0.24%), Rhumbline Advisers (0.20%) and Nationwide Fund Advisors (0.19%). Company insiders that own FMC Corporation stock include Andrea E Utecht, Eric Norris, Mark Douglas, Paul J Norris, Paul W Graves and William Howard Powell. View Institutional Ownership Trends for FMC Corporation.
Who sold FMC Corporation stock? Who is selling FMC Corporation stock?
FMC Corporation's stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Fairpointe Capital LLC, SG Americas Securities LLC, Frontier Capital Management Co. LLC, Exxonmobil Investment Management Inc. TX, Nationwide Fund Advisors, Tandem Investment Advisors Inc. and World Asset Management Inc. Company insiders that have sold FMC Corporation stock in the last year include Andrea E Utecht, Eric Norris, Mark Douglas and William Howard Powell. View Insider Buying and Selling for FMC Corporation.
Who bought FMC Corporation stock? Who is buying FMC Corporation stock?
FMC Corporation's stock was bought by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, Schroder Investment Management Group, Dorsey Wright & Associates, New York State Common Retirement Fund, Rhumbline Advisers, Sandhill Capital Partners LLC, Atlantic Trust Group LLC and US Bancorp DE. Company insiders that have bought FMC Corporation stock in the last two years include Paul J Norris and Paul W Graves. View Insider Buying and Selling for FMC Corporation.
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 $82.63.
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, 10 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.67)|
|Consensus Price Target: ||$85.53 (3.51% upside)|
Analysts' Ratings History for FMC Corporation (NYSE:FMC)
(Data available from 8/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/14/2017||Jefferies Group LLC||Set Price Target||Buy||$100.00||Low|
|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|
|8/4/2017||Royal Bank Of Canada||Boost Price Target||Outperform -> Outperform||$83.00 -> $93.00||Low|
|8/3/2017||BMO Capital Markets||Boost Price Target||Market Perform||$75.00 -> $80.00||Low|
|8/3/2017||Piper Jaffray Companies||Reiterated Rating||Hold||$85.00||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 & Company||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|
|4/2/2017||Robert W. Baird||Reiterated Rating||Neutral||$67.00 -> $76.00||Medium|
|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|
|10/14/2015||Macquarie||Lower Price Target||Neutral||$45.00 -> $42.00||N/A|
|9/18/2015||Cowen and Company||Upgrade||Market Perform -> Outperform||$60.00 -> $51.00||N/A|
|9/8/2015||Vertical Research||Upgrade||Hold -> Buy||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: $2.72
2018 EPS Consensus Estimate: $2.81
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for FMC Corporation (NYSE:FMC)
|Dividend Growth:||-2.90% (3 Year Average)|
|Payout Ratio:||188.58% (Trailing 12 Months of Earnings) |
27.16% (Based on This Year's Estimates)
13.92% (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: 93.79%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|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 Monday, August, 21, 2017