FMC Corporation (FMC): Today's Featured Chemicals Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

FMC Corporation ( FMC) pushed the Chemicals industry lower today making it today's featured Chemicals laggard. The industry as a whole was unchanged today. By the end of trading, FMC Corporation fell $0.68 (-1.1%) to $62.03 on average volume. Throughout the day, 1,030,753 shares of FMC Corporation exchanged hands as compared to its average daily volume of 927,300 shares. The stock ranged in price between $61.64-$63.00 after having opened the day at $62.83 as compared to the previous trading day's close of $62.71. Other companies within the Chemicals industry that declined today were: Gevo ( GEVO), down 4.5%, Tronox ( TROX), down 4.3%, Lightbridge ( LTBR), down 4.1% and Amyris ( AMRS), down 4.0%.
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FMC Corporation, a diversified chemical company, provides solutions and products for agricultural, consumer, and industrial markets. It operates in three segments: Agricultural Products, Specialty Chemicals, and Industrial Chemicals. FMC Corporation has a market cap of $8.7 billion and is part of the basic materials sector. The company has a P/E ratio of 19.4, above the S&P 500 P/E ratio of 17.7. Shares are up 7.2% year to date as of the close of trading on Friday. Currently there are 6 analysts that rate FMC Corporation a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates FMC Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, growth in earnings per share, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, Omnova Solutions ( OMN), down 7.6%, Aceto Corporation ( ACET), down 5.7%, REX American Resources ( REX), down 5.7% and Arabian American Development Company ( ARSD), down 5.3% , were all gainers within the chemicals industry with CF Industries Holdings ( CF) being today's featured chemicals industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the chemicals industry could consider Materials Select Sector SPDR ( XLB) while those bearish on the chemicals industry could consider ProShares Short Basic Materials Fd ( SBM).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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