For its second fiscal quarter (ending June 30), FMC Corp. (NYSE: FMC) has reported E.P.S. of $2.37 compared to $0.41 a year ago. For the latest four quarters through June 30, E.P.S. were $11.72 compared to $5.77 a year ago.
Recent Price Action
FMC Corp. (NYSE: FMC) stock closed at $58.36 on 7/31/24 after a slight decline of -0.2%. Moreover, trading volume in this decline was exceptionally high at 253% of normal. The stock has risen 1.5% during the last week and has performed in line with 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 C (High Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. FMC has a good Appreciation Score of 75 but a slightly negative Power Rating of 38, resulting in the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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