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

FMC (NYSE:FMC) released its earnings results on Tuesday. The basic materials company reported $1.79 EPS for the quarter, beating the consensus estimate 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 NYSE FMC opened at $36.44 on Thursday. The business’s 50-day simple moving average is $52.96 and its 200-day simple moving average is $58.69. FMC has a 52 week low of $34.00 and a 52 week high of $68.72. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.09 and a current ratio of 1.48. The firm has a market cap of $4.55 billion, a price-to-earnings ratio of 3.13, a P/E/G ratio of 1.20 and a beta of 0.84.

FMC Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 16th. Investors of record on Tuesday, December 31st were paid a $0.58 dividend. This represents a $2.32 annualized dividend and a dividend yield of 6.37%. The ex-dividend date of this dividend was Tuesday, December 31st. FMC’s payout ratio is presently 19.97%.

Insider Activity

In related news, EVP Michael Finian Reilly sold 2,958 shares of the business’s stock in a transaction dated Thursday, January 23rd. The stock was sold at an average price of $55.25, for a total transaction of $163,429.50. Following the transaction, the executive vice president now directly owns 25,468 shares in the company, valued at $1,407,107. The trade was a 10.41 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, 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 directly owns 28,649 shares in the company, valued at $1,709,485.83. This trade represents a 13.65 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 7,491 shares of company stock valued at $433,898 over the last 90 days. 0.81% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several analysts recently commented on FMC shares. Bank of America reissued an “underperform” rating and set a $48.00 target price (down from $61.00) on shares of FMC in a research note on Wednesday. Royal Bank of Canada downgraded FMC from an “outperform” rating to a “sector perform” rating and reduced their target price for the company from $78.00 to $47.00 in a report on Wednesday. KeyCorp reduced their target price on FMC from $79.00 to $69.00 and set an “overweight” rating for the company in a report on Thursday, January 2nd. Mizuho reduced their price target on shares of FMC from $70.00 to $55.00 and set a “neutral” rating for the company in a research report on Tuesday, January 7th. Finally, Citigroup upped their price target on shares of FMC from $55.00 to $61.00 and gave the company a “neutral” rating in a research report on Wednesday, January 29th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, FMC presently has an average rating of “Hold” and an average target price of $57.62.

About FMC

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.