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FMC Corporation (FMC) provides crop protection, plant health, precision agriculture, and professional pest and turf management products. 
The company develop, markets, and sells crop protection chemicals that include insecticides, herbicides, and fungicides that are used in agriculture to enhance crop yield and quality by controlling a range of insects, weeds, and disease, as well as in non-agricultural markets for pest control.
It also offers biologicals products, such as bionematicides under the Quartzo and Presence names.
The company sells herbicides under the Authority, Boral, Centium, Command, and Gamit brands, as well as Isoflex active herbicide ingredients; Rynaxypyr and Cyazypyr active ingredients; and insecticides under the Talstar and Hero brands, as well as flutriafol-based fungicides.
It sells its products through independent distributors and co-ops, and national and regional distributors, as well as sells directly to growers. The company operates in North America, Latin America, Europe, the Middle East, Africa, and Asia.
Shares have fomed a bullish "flag" following the company's latest quarterly report. On February 8th, FMC reported Quarter December 2021 earnings of $2.16 per share on revenue of $1.4 billion. The consensus earnings estimate was $2.02 per share on revenue of $1.4 billion. Revenue grew 22.7% on a year-over-year basis.
The company said it expects first quarter earnings of $1.50 to $1.90 per share on revenue of $1.22 billion to $1.34 billion and 2022 earnings of $6.80 to $8.10 per share on revenue of $5.25 billion to $5.55 billion. The current consensus estimate is earnings of $1.81 per share on revenue of $1.29 billion for the quarter ending March 31, 2022 and earnings of $7.72 per share on revenue of $5.33 billion for the year ending December 31, 2022. Higher share prices are expected for this stock.
Entry Point: $117.50
Stop Loss: $111.00
Trading Range: $87.27 - $122.50
Target Pirce: $128.70
Closed at $129
