Analyst Ratings for FMC Corp. (FMC)Updated: 2017-07-26
FMC Corp. (NYSE:FMC) was awarded an average rating of Overweight from investment analysts following the stock. FMC had previously received a consensus rating of Overweight a month ago.
A buy rating was issued by 9 analysts, 1 issued an overweight rating, 10 issued a hold rating, 1 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Investment analysts gave a few price targets for FMC. The highest price target was 100, implying potential capital gains of 29.62 percent. The most pessimistic analyst gave a price target of 65, implying a possible loss of -15.75 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Analysts have revised their earnings estimates downwards for this quarter, by about -1.04 percent on average, compared to last month. That number becomes -43.34 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -0.41 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -27.53 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 2 analysts that revised their FY estimates downwards.
Analysts estimate earnings of FMC to grow at a rate of 815.8 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. FMC has a PEG ratio of 0.36.
In the trailing 52-weeks, FMC hit 78.30 at the highest peak, while it's lowest trading point was 44.40. The current market price is above the trailing year's low by 73.76 percent, and 1.47 percent lower than its 52-week high. FMC has a price/earnings ratio of 293.79. Investors typically compare the P/E ratio to a company's peers in the industry. The FMC value stock report compares FMC to some of its peers using value stock charts. The stock has a market capitalization of $10.45 billion. FMC is estimated to release their earnings results for the quarter on 0000-00-00, days from today.