FMC (NYSE:FMC) Issues Earnings Results, Beats Expectations By $0.14 EPS

FMC (NYSE:FMC) released its quarterly earnings data on Tuesday. The basic materials company reported $1.79 EPS for the quarter, beating analysts’ consensus estimates of $1.65 by $0.14, Zacks reports. FMC had a net margin of 34.93% and a return on equity of 7.68%. FMC updated its Q1 2025 guidance to 0.050-0.150 EPS and its FY 2025 guidance to 3.260-3.700 EPS.

FMC Stock Performance

Shares of FMC opened at $54.00 on Wednesday. FMC has a 12 month low of $47.71 and a 12 month high of $68.72. The business’s fifty day simple moving average is $53.43 and its two-hundred day simple moving average is $58.85. The company has a market cap of $6.74 billion, a price-to-earnings ratio of 4.65, a P/E/G ratio of 1.20 and a beta of 0.84. The company has a current ratio of 1.48, a quick ratio of 1.09 and a debt-to-equity ratio of 0.65.

FMC Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 16th. Shareholders of record on Tuesday, December 31st were issued a $0.58 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $2.32 annualized dividend and a yield of 4.30%. FMC’s dividend payout ratio (DPR) is presently 19.97%.

Insiders Place Their Bets

In other news, VP Jacqueline Scanlan sold 4,529 shares of the business’s stock in a transaction on Monday, November 11th. The shares were sold at an average price of $59.67, for a total transaction of $270,245.43. Following the completion of the sale, the vice president now owns 28,649 shares of the company’s stock, valued at $1,709,485.83. The trade was a 13.65 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Michael Finian Reilly sold 2,958 shares of the firm’s stock in a transaction 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 completion of the transaction, the executive vice president now directly owns 25,468 shares in the company, valued at approximately $1,407,107. This represents a 10.41 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 7,491 shares of company stock valued at $433,898. 0.81% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Morgan Stanley reduced their target price on FMC from $70.00 to $46.00 and set an “equal weight” rating for the company in a research report on Wednesday. Citigroup lifted their target price on shares of FMC from $55.00 to $61.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 29th. Bank of America upgraded FMC from an “underperform” rating to a “neutral” rating and lowered their price objective for the company from $63.00 to $61.00 in a research report on Tuesday, January 14th. Barclays raised FMC from an “equal weight” rating to an “overweight” rating and set a $65.00 target price on the stock in a research note on Tuesday, January 21st. Finally, KeyCorp cut their price target 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. Twelve equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $59.77.

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.