FMC (FMC) Expected to Announce Quarterly Earnings on Tuesday

FMC (NYSE:FMC - Get Free Report) is anticipated to release its earnings data after the market closes on Tuesday, February 4th. Analysts expect FMC to post earnings of $1.65 per share and revenue of $1,327,647.04 billion for the quarter. Individual interested in listening to the company's conference call can do so using this link.

FMC (NYSE:FMC - Get Free Report) last issued its quarterly earnings data on Tuesday, October 29th. The basic materials company reported $0.69 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.49 by $0.20. FMC had a net margin of 34.93% and a return on equity of 7.68%. The firm had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.04 billion. During the same quarter in the previous year, the firm posted $0.44 EPS. The company's revenue for the quarter was up 8.5% compared to the same quarter last year. On average, analysts expect FMC to post $3 EPS for the current fiscal year and $5 EPS for the next fiscal year.

FMC Stock Performance

FMC stock traded up $0.90 during trading on Tuesday, reaching $56.81. The company had a trading volume of 868,786 shares, compared to its average volume of 1,353,446. The company has a current ratio of 1.48, a quick ratio of 1.09 and a debt-to-equity ratio of 0.65. The firm's 50-day simple moving average is $53.76 and its 200 day simple moving average is $59.00. The firm has a market capitalization of $7.09 billion, a price-to-earnings ratio of 4.89, a price-to-earnings-growth ratio of 1.15 and a beta of 0.83. FMC has a 52 week low of $47.71 and a 52 week high of $68.72.

FMC Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 16th. Investors of record on Tuesday, December 31st were paid a dividend of $0.58 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $2.32 dividend on an annualized basis and a dividend yield of 4.08%. FMC's dividend payout ratio (DPR) is presently 19.97%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on FMC shares. Royal Bank of Canada increased their price objective on shares of FMC from $78.00 to $81.00 and gave the company an "outperform" rating in a report on Friday, November 1st. Barclays raised FMC from an "equal weight" rating to an "overweight" rating and set a $65.00 price objective for the company in a research note on Tuesday, January 21st. Mizuho reduced their target price on shares of FMC from $70.00 to $55.00 and set a "neutral" rating on the stock in a research note on Tuesday, January 7th. Bank of America upgraded FMC from an "underperform" rating to a "neutral" rating and dropped their price objective for the company from $63.00 to $61.00 in a report on Tuesday, January 14th. Finally, KeyCorp cut their price objective on shares of FMC from $79.00 to $69.00 and set an "overweight" rating on the stock in a report on Thursday, January 2nd. Ten equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $63.25.

Insider Transactions at FMC

In related news, VP Jacqueline Scanlan sold 4,529 shares of FMC stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $59.67, for a total value of $270,245.43. Following the completion of the transaction, the vice president now owns 28,649 shares in the company, valued at $1,709,485.83. The trade was a 13.65 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Michael Finian Reilly sold 2,958 shares of the stock in a transaction that occurred on Thursday, January 23rd. The stock was sold at an average price of $55.25, for a total value of $163,429.50. Following the transaction, the executive vice president now owns 25,468 shares in the company, valued at $1,407,107. This represents a 10.41 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.85% of the company's stock.

FMC Company Profile

FMC Corporation, an agricultural sciences company, provides crop protection, plant health, and professional pest and turf management products. It develops, markets, and sells crop protection chemicals that includes insecticides, herbicides, and fungicides; and biologicals, crop nutrition, and seed treatment products, which are used in agriculture to enhance crop yield and quality by controlling a range of insects, weeds, and diseases, as well as in non-agricultural markets for pest control.