Media coverage about FMC (NYSE:FMC) has trended somewhat positive recently, Accern reports. The research group rates the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. FMC earned a news sentiment score of 0.17 on Accern’s scale. Accern also assigned media stories about the basic materials company an impact score of 46.9662523603511 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

These are some of the media stories that may have effected Accern’s scoring:

Shares of FMC (NYSE FMC) traded up $3.40 during trading hours on Wednesday, reaching $85.26. The company’s stock had a trading volume of 2,156,996 shares, compared to its average volume of 1,480,000. The company has a market cap of $11,450.00, a P/E ratio of -133.22, a PEG ratio of 1.41 and a beta of 1.52. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.19 and a quick ratio of 1.81. FMC has a 52-week low of $57.29 and a 52-week high of $98.70.

FMC (NYSE:FMC) last announced its quarterly earnings data on Monday, February 12th. The basic materials company reported $1.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.05 by $0.05. The firm had revenue of $979.60 million during the quarter, compared to the consensus estimate of $993.57 million. FMC had a return on equity of 18.25% and a net margin of 18.61%. The business’s revenue for the quarter was up 42.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.88 EPS. sell-side analysts forecast that FMC will post 5.37 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 18th. Shareholders of record on Friday, December 29th were paid a $0.165 dividend. The ex-dividend date was Thursday, December 28th. This represents a $0.66 dividend on an annualized basis and a yield of 0.77%. FMC’s dividend payout ratio (DPR) is presently -103.13%.

A number of equities analysts have recently weighed in on FMC shares. Zacks Investment Research raised FMC from a “hold” rating to a “buy” rating and set a $101.00 target price on the stock in a research report on Monday, December 18th. Credit Suisse Group set a $111.00 price target on FMC and gave the stock a “buy” rating in a report on Tuesday, January 16th. Bank of America upped their price target on FMC from $103.00 to $105.00 and gave the stock a “buy” rating in a report on Wednesday, November 8th. Goldman Sachs Group assumed coverage on FMC in a report on Monday, December 4th. They set a “neutral” rating and a $98.00 price target for the company. Finally, Loop Capital set a $106.00 price target on FMC and gave the stock a “buy” rating in a report on Monday, December 11th. Seven analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. FMC presently has an average rating of “Buy” and an average target price of $97.37.

In other FMC news, insider Nicholas Pfeiffer sold 375 shares of the company’s stock in a transaction on Tuesday, December 12th. The stock was sold at an average price of $90.33, for a total value of $33,873.75. Following the completion of the transaction, the insider now owns 6,856 shares in the company, valued at approximately $619,302.48. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.10% of the stock is owned by corporate insiders.

COPYRIGHT VIOLATION WARNING: This piece was reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this piece on another domain, it was illegally copied and republished in violation of US and international copyright and trademark legislation. The correct version of this piece can be read at https://www.thecerbatgem.com/2018/02/14/somewhat-positive-news-coverage-somewhat-unlikely-to-affect-fmc-fmc-stock-price.html.

About FMC

FMC Corporation is a diversified chemical company serving agricultural, consumer and industrial markets. The Company operates in three business segments: FMC Agricultural Solutions, FMC Health and Nutrition, and FMC Lithium. As of December 31, 2016, the FMC Agricultural Solutions segment developed, marketed and sold three classes of crop protection chemicals: insecticides, herbicides and fungicides.

Insider Buying and Selling by Quarter for FMC (NYSE:FMC)

Receive News & Ratings for FMC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FMC and related companies with MarketBeat.com's FREE daily email newsletter.