FMC Co. (NYSE:FMC - Free Report) - Stock analysts at Seaport Res Ptn decreased their Q4 2024 EPS estimates for FMC in a research report issued to clients and investors on Wednesday, October 30th. Seaport Res Ptn analyst M. Harrison now expects that the basic materials company will earn $1.66 per share for the quarter, down from their previous forecast of $1.80. The consensus estimate for FMC's current full-year earnings is $3.30 per share. Seaport Res Ptn also issued estimates for FMC's Q3 2025 earnings at $1.09 EPS, Q4 2025 earnings at $1.87 EPS and FY2025 earnings at $5.15 EPS.
FMC (NYSE:FMC - Get Free Report) last released its earnings results on Tuesday, October 29th. The basic materials company reported $0.69 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.49 by $0.20. The firm had revenue of $1.07 billion during the quarter, compared to analysts' expectations of $1.04 billion. FMC had a return on equity of 7.68% and a net margin of 34.93%. The company's revenue was up 8.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.44 EPS.
A number of other research firms also recently issued reports on FMC. KeyCorp lowered their price objective on shares of FMC from $81.00 to $79.00 and set an "overweight" rating on the stock in a report on Friday, August 2nd. Wells Fargo & Company cut their price target on shares of FMC from $68.00 to $62.00 and set an "equal weight" rating on the stock in a research report on Tuesday, July 16th. JPMorgan Chase & Co. raised their price objective on FMC from $50.00 to $59.00 and gave the company a "neutral" rating in a report on Monday, August 12th. Citigroup initiated coverage on FMC in a research report on Wednesday, October 23rd. They set a "neutral" rating and a $67.00 price target on the stock. Finally, BMO Capital Markets upped their price objective on FMC from $60.00 to $65.00 and gave the stock a "market perform" rating in a research note on Friday, August 2nd. One analyst has rated the stock with a sell rating, ten have given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $67.00.
View Our Latest Stock Analysis on FMC
Shares of FMC stock opened at $64.99 on Friday. FMC has a 52-week low of $49.49 and a 52-week high of $68.72. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.07 and a current ratio of 1.48. The business's 50 day simple moving average is $63.25 and its 200 day simple moving average is $60.84. The firm has a market cap of $8.11 billion, a PE ratio of 5.59, a P/E/G ratio of 1.71 and a beta of 0.85.
A number of institutional investors have recently made changes to their positions in FMC. Mather Group LLC. grew its holdings in FMC by 250.6% in the 3rd quarter. Mather Group LLC. now owns 554 shares of the basic materials company's stock valued at $37,000 after buying an additional 396 shares in the last quarter. LRI Investments LLC acquired a new stake in shares of FMC in the first quarter valued at approximately $39,000. UMB Bank n.a. raised its position in shares of FMC by 56.9% in the second quarter. UMB Bank n.a. now owns 678 shares of the basic materials company's stock valued at $39,000 after buying an additional 246 shares in the last quarter. Sentry Investment Management LLC bought a new stake in shares of FMC during the 1st quarter valued at $45,000. Finally, EntryPoint Capital LLC raised its stake in FMC by 1,282.3% in the first quarter. EntryPoint Capital LLC now owns 857 shares of the basic materials company's stock valued at $55,000 after purchasing an additional 795 shares in the last quarter. Institutional investors own 91.86% of the company's stock.
FMC Corporation, an agricultural sciences company, provides crop protection, plant health, and professional pest and turf management products. It develops, markets, and sells crop protection chemicals that includes insecticides, herbicides, and fungicides; and biologicals, crop nutrition, and seed treatment products, which are used in agriculture to enhance crop yield and quality by controlling a range of insects, weeds, and diseases, as well as in non-agricultural markets for pest control.
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