Professional
Added to YB: 2024-11-11
Pitch date: 2024-10-30
FMC [bullish]
FMC Corporation
-77.97%
current return
Author Info
No bio for this author
Company Info
FMC Corporation, an agricultural sciences company, provides crop protection solutions to farmers in Latin America, North America, Europe, the Middle East, Africa, and Asia.
Market Cap
$3.7B
Pitch Price
$63.14
Price Target
110.00 (+691%)
Dividend
7.82%
EV/EBITDA
9.20
P/E
28.65
EV/Sales
1.84
Sector
Chemicals
Category
value
FMC Corporation: Strong Profit Growth Signals Recovery Well Underway
FMC: Q3 adj EBITDA +15% YoY, signaling recovery. $110 PT, 40% upside. Strong pipeline of premium crop protection products driving growth. New products offset diamide patent expiry. Risks: patent expiration, competition, regulations. Catalysts: profit growth, FCF, debt repayment. 19% Q4 rev growth, half from new products.
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