Professional
Added to YB: 2024-06-20
Pitch date: 2024-06-12
FMC [bullish]
FMC Corporation
-67.06%
current return
Author Info
No bio for this author
Company Info
FMC Corporation, an agricultural sciences company, develops, markets, and sells crop protection chemicals in Latin America, North America, Europe, the Middle East, Africa, and Asia.
Market Cap
$1.8B
Pitch Price
$52.24
Price Target
110.00 (+539%)
Dividend
2.25%
EV/EBITDA
11.83
P/E
-0.81
EV/Sales
1.56
Sector
Chemicals
Category
value
FMC Corporation: Executive Chairman Pierre Brondeau Appointed CEO
FMC appoints ex-CEO Brondeau as CEO again. Affirms Q2 revenue & earnings guidance. Expects Q2 improvement & H2 growth as inventory destocking largely done. Pipeline should offset diamide patent expiry risk. $110 FVE based on low-mid digit EBITDA growth. Shares 5-star. Top ag pick
Read full article (8 min)