StockNews.com made historical past by changing into the primary information group to cowl FMC shares in a analysis report printed on Thursday (NYSE: FMC).
The corporate’s inventory that provides fundamental supplies has been really helpful for “purchase” by the corporate.
The newest quarterly outcomes report for FMC (NYSE: FMC) was printed on February 8, after the market had closed for the day.
The corporate that operates within the fundamental supplies sector reported quarterly earnings of $2.37 per share, which was $0.05 larger than the estimate reached by most market analysts. Nevertheless, the income the corporate introduced in for the quarter was $1.62 billion, considerably larger than the $1.53 billion analysts predicted it could usher in for the interval.
The return on fairness for FMC was calculated to be 29.29%, and the web margin for the corporate got here in at 12.69%.
The corporate’s income for the interval in query rose by 14.7% when measured in opposition to the identical interval within the prior 12 months.
The corporate’s earnings per share for the quarter had been $2.16, which was $2.16 larger than the earlier 12 months’s outcomes for a similar quarter.
In line with the forecasts of fairness analysis professionals, FMC is anticipated to generate a revenue of seven.92 cents per share for the present fiscal 12 months.
The NYSE FMC opened for buying and selling on Thursday with a share worth of $116.05 on the opening bell.
It’s thought of in wonderful monetary form when the fast ratio is 1.00, the present ratio is 1.43, and the debt-to-equity ratio is 0.80.
The corporate’s present market worth is $14.52 billion, the P/E/G ratio of the corporate is 1.52, and the corporate’s beta worth is 0.84.
The corporate’s easy transferring common over the previous 50 days is available in at $127.84, and the easy transferring common over the previous 200 days is available in at $121.95.
The value of FMC has ranged between $98.14 and $140.98 over the earlier 52 weeks, with a low of $98.14 and a excessive of $140.98.
A number of further analysis research have been performed, and certainly one of their matters of curiosity is FMC. Wells Fargo & Firm raised their goal worth on FMC shares from $141.50 to $148.00 and upgraded the inventory from an “underweight” score to an “equal weight” score in a report launched on January 9.
Mizuho reaffirmed their “purchase” score on FMC shares in a report printed on Wednesday, February 8, and set their goal worth for the corporate’s inventory at USD 140.00.
The analysis word that Morgan Stanley printed on FMC on January 10 included an improve of the corporate from “equal weight” to “chubby,” in addition to a rise of their worth goal for the inventory from $125.00 to $145.00.
In a analysis word printed on February 14, Goldman Sachs Group raised their “purchase” score for FMC and raised their worth goal on the inventory from $155.00 to $159.00.
In addition they raised their worth goal on the inventory from $155.00 to $159.00. UBS Group really helpful “purchase” for FMC in a analysis word launched on Wednesday, January 11, and elevated their worth goal for the inventory from $142.00 to $147.00.00.
This was completed in a analysis word that UBS Group printed. One of many analysts who observe the corporate has recommended promoting the inventory, whereas two others have given it a score of “maintain,” and twelve others have given it a score of “purchase.” In line with Bloomberg, the present common advice for FMC is a “Average Purchase,” and the present common worth goal for the corporate is reported to be $143.17.
In different information about this matter, on March 2, the corporate’s Chief Monetary Officer, Andrew D. Sandifer, bought 5,000 shares of the corporate’s inventory.
A complete of $638,850.00 was constituted of the sale of the shares, which works out to a worth of $127.77 per share when divided into the whole quantity.
Due to the sale, the chief monetary officer now owns 39,061 shares.
Primarily based on the present market worth, these shares are value $4,990,823.97. Comply with the hyperlink, which can take you to a submitting submitted to the Securities and Trade Fee. You should have the chance to accumulate further info concerning the transaction. Nicholas Pfeiffer, an worker of the corporate who’s granted privileges to have interaction in insider buying and selling, bought 4,421 shares of the corporate’s inventory on February 27.
The value of every share was calculated to a mean of $129.70, ensuing within the sale of the inventory for a complete of $573,403,70.
After the completion of the transaction, the corporate insider now straight owns 12,064 shares of the corporate’s inventory, that are value a complete of $1,564,700.80. One can entry a doc that gives further info on the transaction by going to the Securities and Trade Fee (SEC) web site.
Moreover, on March 2, the corporate’s Chief Monetary Officer, Andrew D. Sandifer, bought 5,000 shares of firm inventory.
A complete of $638,850.00 was constituted of the sale of the shares, which works out to a worth of $127.77 per share when divided into the whole quantity. Following the completion of the transaction, the chief monetary officer may have 39,061 shares within the firm.
The whole worth of those shares is roughly $4,990,823.97 at current.
Disclosures associated to the sale may be discovered on this web site part.
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