Workflow
FMC (FMC)
icon
Search documents
FMC vs. AIQUY: Which Stock Is the Better Value Option?
ZACKS· 2024-10-07 16:46
Investors looking for stocks in the Chemical - Diversified sector might want to consider either FMC (FMC) or Air Liquide (AIQUY) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank emphasizes companies with positive estimate ...
Here's Why You Should Add FMC Stock to Your Portfolio Now
ZACKS· 2024-10-07 15:20
FMC Corporation’s (FMC) stock looks promising at the moment. It benefits from efforts to expand its product portfolio through new product launches and its restructuring actions. Let's see what makes FMC stock a compelling investment option at the moment.FMC Stock Outperforms IndustryFMC has outperformed the industry it belongs to over the past three months. The company’s shares have gained 13.8% compared with a 7.7% rise of its industry. Image Source: Zacks Investment ResearchFMC’s Valuation Looks Attractiv ...
FMC Partners Ballagro to Expand Biologicals Crop Protection in Brazil
ZACKS· 2024-10-03 10:51
FMC Corporation (FMC) recently entered into an agreement with Ballagro Agro Tecnologia Ltda., a leader in fungi-based biosolutions, to provide growers in Brazil with a diverse range of biological solutions. The arrangement is part of FMC's strategy plan to expand its biologicals platform in major markets, including Brazil. As part of the agreement, FMC Brazil will license and market Ballagro's leading biosolutions. The deal combines the firms' extensive scientific experience - FMC in microbial and Ballagro ...
FMC Stock Rises 18% in 3 Months: What's Driving the Rally?
ZACKS· 2024-10-02 20:01
FMC Corporation’s (FMC) shares have shot up 18% over the past three months, outperforming the broader chemical - diversified industry's rise of 8.7%. FMC has also topped the S&P 500’s roughly 5.2% rise over the same period.Let’s dive into the factors behind FMC stock’s price appreciation. Image Source: Zacks Investment ResearchFMC Stock Gains on New Products & Restructuring ActionsFMC delivered better-than-expected results in the second quarter on the back of higher volumes. It saw improved demand in the qu ...
FMC Corporation announces distribution agreement with Ballagro Agro Tecnologia Ltda. to expand biologicals crop protection offering in Brazil
Prnewswire· 2024-09-30 12:00
PHILADELPHIA, Sept. 30, 2024 /PRNewswire/ --FMC Corporation (NYSE: FMC), a leading global agricultural sciences company, today announced an agreement with Ballagro Agro Tecnologia Ltda., a pioneer and leader in fungi-based biosolutions, to provide growers in Brazil with a broad portfolio of differentiated biological solutions. The agreement is part of FMC's strategic plan to grow its biologicals platform in key markets like Brazil.As part of the agreement, FMC Brazil will license and distribute key leading ...
FMC: The Market Is Overreacting To The Industry's Destocking
Seeking Alpha· 2024-09-26 05:44
Core Insights - FMC Corporation has transitioned into an agriscience company since 2019, achieving a revenue growth of 8% CAGR from 2019 to 2022 in a mature crop protection sector [1] - The company experienced a decline in revenue in 2023, which is attributed to various factors affecting the industry [1] Group 1 - FMC Corporation's revenue growth from 2019 to 2022 was notable at 8% CAGR [1] - The decline in revenue in 2023 marks a significant shift for the company after years of growth [1]
FMC Corporation and UN Global Compact Network USA convene global leaders to discuss future of sustainable food systems during United Nations General Assembly
Prnewswire· 2024-09-24 13:00
PHILADELPHIA, Sept. 24, 2024 /PRNewswire/ -- FMC Corporation (NYSE: FMC), a leading global agricultural sciences company, together with the UN Global Compact Network (UNGC) USA, convened global public and private sector leaders for a roundtable discussion on the future of sustainable food systems. The roundtable, "Sustainable Food Systems: Paving the Way for a Greener Future," was held during UNGC's flagship event on the contributions of the U.S. private sector to advancing the 2030 agenda on sustainable de ...
What's Happening With FMC Stock?
Forbes· 2024-09-23 13:00
Core Viewpoint - FMC Corporation's stock has significantly underperformed compared to its peers and the broader market, primarily due to declining sales volumes and high debt levels, with potential for modest recovery in the future [1][3][10] Group 1: Stock Performance - FMC Corporation's stock currently trades around $64 per share, approximately 51% below its pre-inflation shock high of $131 in April 2022 [1] - The stock has seen a decline of 10% compared to CF Industries, which has fared better during the same period [1] - FMC's stock was trading at around $101 in June 2022, indicating a 36% drop since then, while the S&P 500 index has gained 51% over the same timeframe [1] Group 2: Financial Performance - FMC's revenue decreased from $5.0 billion in 2021 to $4.1 billion in the last twelve months, attributed to lower sales volumes and destocking [8] - The company's operating margin contracted from 22.5% in 2021 to 13.9% currently, although Q2 sales showed a 4% year-over-year increase [8] - FMC expects revenue in 2024 to range from $4.30 billion to $4.50 billion, reflecting a 2% decline at the midpoint compared to 2023 [8] Group 3: Debt and Cash Position - FMC's total debt rose from $3.3 billion in 2021 to $4.2 billion now, while cash decreased from $517 million to $472 million [9] - The company has a high debt-to-equity ratio of around 50%, indicating a concerning financial position [9] - Cash as a percentage of assets is under 4%, suggesting limited liquidity [9] Group 4: Market Conditions and Future Outlook - The uncertain macroeconomic environment, including potential rate cuts and geopolitical tensions, raises questions about FMC's performance over the next 12 months [3] - Analysts estimate an average price target of $72 for FMC, indicating a potential upside of around 12% from current levels [3] - The company has room for growth, trading at 2x trailing revenues compared to its average P/S ratio of 2.3x over the last three years [3]
FMC Corporation announces dates for third quarter 2024 earnings release and webcast conference call
Prnewswire· 2024-09-19 20:30
Core Viewpoint - FMC Corporation will release its third quarter 2024 earnings on October 29, 2024, after market close, followed by a public webcast conference call on October 30, 2024, at 9:00 a.m. ET [1] Group 1: Earnings Release Information - The earnings release will be available via PR Newswire and the company's website [1] - A conference call will be hosted on October 30, 2024, with details for internet broadcast and telephone access provided [1] - A replay of the conference call will be accessible from October 30, 2024, until November 20, 2024 [1] Group 2: Company Overview - FMC Corporation is a global agricultural sciences company focused on providing solutions for food, feed, fiber, and fuel production [3] - The company offers innovative crop protection solutions, including biologicals, crop nutrition, and digital agriculture [3] - FMC employs approximately 5,800 people across more than 100 sites worldwide, emphasizing the discovery of new agricultural technologies [3]
Here's Why You Should Hold FMC Stock in Your Portfolio for Now
ZACKS· 2024-09-17 20:01
FMC Corporation (FMC) benefits from efforts to expand its product portfolio through new product launches and its restructuring actions amid headwinds from pricing and cost pressures and a slower demand recovery.FMC’s shares are down 14.1% in a year compared with a 7.1% decline of its industry.Image Source: Zacks Investment Research Let’s find out why FMC stock is worth retaining at the moment.New Products, Restructuring Actions Aid FMC StockFMC remains focused on strengthening its product portfolio. It is i ...