Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $50.07 on FMC Corporation (NYSE:FMC) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $2.73 for the next fiscal and $N/A for underway quarter.
Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of FMC Corporation (NYSE:FMC) stands at N/A.
Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For FMC Corporation Common Stock, the PEG ratio for coming 3-5 years is 1.65.
The technical analysis highlights that FMC Corporation Common Stock current is trading $-0.56 points away or -1.16% from its 50-day moving average of $47.87. Further it is trading $3.11 or +7.03% away its 200-day moving average of $44.20.
The 52-week high of FMC Corporation (NYSE:FMC) was $50.57 while lowest point recorded in 52-week was $32.24. It implies if stock price makes a movement of over $-3.26, it will record a new 52-week high. In the case of +46.74% drop, it will touch a new 52-week low.
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