Headlines about FMC Corporation (NYSE:FMC) have been trending positive recently, Accern reports. The research group rates the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. FMC Corporation earned a news impact score of 0.25 on Accern’s scale. Accern also assigned news articles about the basic materials company an impact score of 44.8388252922687 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news articles that may have effected Accern’s rankings:
- FMC Corporation’s Paul Graves and Thomas Schneberger to Speak at the 2017 Deutsche Bank Lithium Supply Chain … – PR Newswire (press release) (prnewswire.com)
- FMC Corporation (FMC) Price Target Increased to $105.00 by Analysts at KeyCorp (americanbankingnews.com)
- Global acaricide sales market forecast to 2022 just published (whatech.com)
- Global Trona Market 2017: American Natural Soda Ash Company, FMC Corporation, General Chemical (sbwire.com)
- FMC Corp (FMC) Scales New 52-Week High on Bright Prospects (finance.yahoo.com)
Shares of FMC Corporation (FMC) opened at 95.01 on Tuesday. The firm’s 50-day moving average is $89.03 and its 200 day moving average is $79.26. The firm has a market capitalization of $12.74 billion, a P/E ratio of 281.93 and a beta of 1.61. FMC Corporation has a 52 week low of $45.91 and a 52 week high of $95.07.
FMC Corporation (NYSE:FMC) last announced its quarterly earnings results on Tuesday, August 1st. The basic materials company reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.01. The company had revenue of $656.80 million for the quarter, compared to analysts’ expectations of $614.01 million. FMC Corporation had a net margin of 1.58% and a return on equity of 16.51%. The business’s quarterly revenue was up 6.7% compared to the same quarter last year. During the same period last year, the firm posted $0.46 earnings per share. Equities research analysts forecast that FMC Corporation will post $2.43 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, October 19th. Stockholders of record on Friday, September 29th will be given a dividend of $0.165 per share. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.69%. FMC Corporation’s dividend payout ratio is 188.58%.
A number of equities research analysts have weighed in on the company. KeyCorp upped their target price on FMC Corporation from $98.00 to $105.00 and gave the stock a “buy” rating in a research report on Monday. Royal Bank Of Canada upped their target price on FMC Corporation from $83.00 to $93.00 and gave the stock an “outperform” rating in a research report on Friday, August 4th. Jefferies Group LLC upped their target price on FMC Corporation from $84.00 to $100.00 and gave the stock a “buy” rating in a research report on Thursday, July 13th. Zacks Investment Research upgraded FMC Corporation from a “sell” rating to a “hold” rating in a research report on Friday, August 4th. Finally, Nomura upgraded FMC Corporation from a “neutral” rating to a “buy” rating and upped their target price for the stock from $78.00 to $97.00 in a research report on Friday, August 4th. One analyst has rated the stock with a sell rating, five have given a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $88.24.
In other news, VP Andrea E. Utecht sold 14,174 shares of FMC Corporation stock in a transaction on Tuesday, August 29th. The shares were sold at an average price of $84.00, for a total transaction of $1,190,616.00. Following the transaction, the vice president now directly owns 131,639 shares of the company’s stock, valued at $11,057,676. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 1.10% of the company’s stock.
FMC Corporation Company Profile
FMC Corporation is a diversified chemical company serving agricultural, consumer and industrial markets. The Company operates in three business segments: FMC Agricultural Solutions, FMC Health and Nutrition, and FMC Lithium. As of December 31, 2016, the FMC Agricultural Solutions segment developed, marketed and sold three classes of crop protection chemicals: insecticides, herbicides and fungicides.
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