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.
Several price targets were given for FMC by the analysts covering the stock. The highest price target was 100, which equates to a potential upside of 29.62 percent. The most pessimistic price target was 65, implying potential capital losses of -15.75 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -1.04 percent. 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. If we look at the last 90 days instead, we find a net average change of -27.53 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 2 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 2 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of FMC to grow at a rate of 815.8 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. FMC has a PEG ratio of 0.36.
FMC has traded between a high of 78.30 and a low of 44.40 over the past year. Currently the stock is 73.76 percent higher than its low, 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 market cap of FMC is $10.45 billion. FMC will post this quarters earnings in days, on 0000-00-00.