FMC Corp. (NYSE: FMC) has reported E.P.S. of $0.53 for its third fiscal quarter (ending September 30) versus $0.04 for the same period a year ago — an increase of 1225%. For the latest four quarters through September 30, E.P.S. were $12.21 versus $4.72 for the same period a year ago — an increase of 159%.
Recent Price Action
On 10/29/24, FMC Corp. (NYSE: FMC) stock declined by -2.2%, closing at $60.18. Moreover, trading volume in this decline was above average at 145% of normal. Relative to the market the stock has been strong over the last nine months but has declined -3.4% during the last week.
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 inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. FMC has a good Appreciation Score of 72 but a neutral Power Rating of 49, and the High Neutral Value Trend Rating results.
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.
Be the first to comment