News articles about FMC (NYSE:FMC) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. FMC earned a news sentiment score of 0.17 on Accern’s scale. Accern also gave news articles about the basic materials company an impact score of 46.443871127992 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the media stories that may have effected Accern Sentiment’s scoring:
FMC has been the topic of a number of analyst reports. Bank of America increased their price objective on FMC from $103.00 to $105.00 and gave the company a “buy” rating in a research note on Wednesday, November 8th. Loop Capital began coverage on FMC in a research note on Thursday, September 28th. They set a “buy” rating and a $102.00 price objective on the stock. Jefferies Group reissued a “buy” rating and issued a $100.00 price target on shares of FMC in a research note on Friday, September 15th. KeyCorp reissued a “buy” rating and issued a $98.00 price target on shares of FMC in a research note on Wednesday, October 4th. Finally, Nomura raised their price target on FMC from $97.00 to $106.00 and gave the stock a “buy” rating in a research note on Wednesday, November 8th. Eight analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $94.80.
FMC (NYSE:FMC) traded down $0.61 during mid-day trading on Thursday, reaching $97.52. The company’s stock had a trading volume of 741,800 shares, compared to its average volume of 941,843. The company has a quick ratio of 1.81, a current ratio of 2.19 and a debt-to-equity ratio of 0.70. FMC has a 52 week low of $56.53 and a 52 week high of $98.69. The stock has a market cap of $13,040.00, a P/E ratio of 66.79, a PEG ratio of 1.63 and a beta of 1.61.
FMC (NYSE:FMC) last posted its quarterly earnings data on Monday, November 6th. The basic materials company reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.07. FMC had a return on equity of 16.77% and a net margin of 0.78%. The company had revenue of $646.20 million for the quarter, compared to the consensus estimate of $686.21 million. During the same period in the previous year, the business earned $0.67 EPS. FMC’s revenue for the quarter was up 2.8% compared to the same quarter last year. equities research analysts anticipate that FMC will post 2.65 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, January 18th. Stockholders of record on Friday, December 29th will be issued a $0.165 dividend. The ex-dividend date is Thursday, December 28th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.68%. FMC’s dividend payout ratio (DPR) is 45.21%.
In other news, insider Nicholas Pfeiffer sold 375 shares of the business’s stock in a transaction that occurred on Tuesday, December 12th. The stock was sold at an average price of $90.33, for a total value of $33,873.75. Following the completion of the sale, the insider now directly owns 6,856 shares in the company, valued at approximately $619,302.48. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.10% of the stock is currently owned by insiders.
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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.
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