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I manage Wax Ink.net, a baseline equity research company comprised of individual investors not licensed or registered with any government agency. I have been all cap value investor and independent equity researcher for the past 30 years, and believe that patience is the key to successful... More
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  • FMC Corporation - Value Alert 0 comments
    Sep 16, 2013 5:38 AM | about stocks: FMC

    Texas (September 16, 2013) Wax Ink has issued a Negative Investment Interest opinion for FMC Corporation (NYSE: FMC) based on a recent baseline equity review which placed fair value between $45-$53.

    The recent close of $70.17 is approximately 162% above the fair value buy target for the stock and approximately 28% above the fair value close target for the stock. The recent close is also 2% below analysts' twelve-month $71.50 median price target for the stock.

    The recent close represents a 20% increase in the one year price of the stock, while year-over-year sales decreased 11%, year-over-year earnings increased 16%, and year-over-year debt increased 25%.

    The stock currently has a trailing twelve-month PE Ratio of 16, and a PEG Ratio of 1.2 basis estimated forward earnings growth of 13.5%.

    In the past 52 weeks, share prices have moved between a high of $70.80 and a low of $50.76, placing equilibrium at $63.28.

    With the recent close, the stock is trading 1% below the 52 week high, 28% above the 52 week low, and 10% above equilibrium.

    The three-month average daily trading volume for the stock is approximately 792,000 shares.

    FMC Corporation is a diversified chemical company, provides solutions and products for agricultural, consumer, and industrial markets.

    The company's listed competitors include Asahi Glass Co., Ltd., The Dow Chemical Company,and E. I. du Pont de Nemours and Company.

    Financial information that may be contained herein, is based on the company's most recent annual SEC filing for year ending December 31, 2012.

    All prices are per share unless otherwise noted.

    Wax Ink currently has no investment position in any company mentioned in this alert.

    For use by Accredited Investors as defined under Title 17, CFR §230.500, Regulation D.

    Copyright © 2013 Wax Ink

    Wax Ink is a baseline equity research company not licensed or registered with any government agency

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Themes: Quick Picks Lists Stocks: FMC
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