FMC Corp. (NYSE: FMC) has reported E.P.S. of $0.08 for its first fiscal quarter (ending March 31) versus $1.65 for the same period a year ago — a decline of -95%. Relative to the consensus estimate of $1.12, this was a shortfall of $-1.04. For the latest four quarters through March 31, E.P.S. were $9.76 compared to $6.50 a year ago — an increase of 50%.
Recent Price Action
FMC Corp. (NYSE: FMC) stock closed at $60.98 on 5/6/24 after a modest decline of -1.4%. This decline was accompanied by normal trading volume. The stock has risen 4.3% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, FMC is expected to continue to be an important Value Builder.
FMC has a current Value Trend Rating of D (Negative). With this rating, PTR's two proprietary measures of a stock's current attractiveness are providing very contradictory signals. FMC has a slightly positive Appreciation Score of 69 but a very low Power Rating of 5, triggering the Negative Value Trend Rating.
Rating Review
In light of this discouraging new earnings information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.