|Bid||79.80 x 800|
|Ask||86.60 x 900|
|Day's Range||82.46 - 85.23|
|52 Week Range||72.73 - 98.70|
|PE Ratio (TTM)||11.49|
|Earnings Date||Nov 5, 2018 - Nov 9, 2018|
|Forward Dividend & Yield||0.66 (0.74%)|
|1y Target Est||104.53|
Deere (DE) is expected to post an adjusted EPS of $2.75 for the third fiscal quarter—an increase of 44% on a YoY (year-over-year) basis. In the third fiscal quarter of 2017, Deere reported an adjusted EPS of $1.91. Deere didn’t meet analysts’ expectations in the previous quarter.
Deere (DE) is expected to report revenues of $9.21 billion in the third fiscal quarter from its equipment operations. In the third fiscal quarter of 2017, Deere reported revenues of $6.83 billion from equipment operations. If Deere meets the revenue expectations, it would be the highest third-quarter revenues since the third fiscal quarter of 2013.
Albemarle’s (ALB) revenue continued its upward trend for the second quarter. It reported revenue of $853.9 million for Q2 2018, reflecting an increase of 15.8% over Q2 2017. Peer FMC (FMC) rose 92% on acquisitions, while Sociedad Química y Minera de Chile (SQM) is expected to grow its revenue by 12.5% in its second quarter. The company surpassed the Wall Street analyst estimate of $798.2 million. Since 2013, ALB’s revenue has grown at a CAGR (compound annual growth rate) of 8.15%.
After the earnings release, the stock dropped almost 2% to $86.5 but recovered after that. On August 8, FMC recovered to $89.1, which was almost 1% higher than the closing of $88.3 before the earnings release. The current consensus recommendation for FMC as of August 8 was a “buy.” Out of the 18 analysts in the above chart, three analysts had a “strong buy” recommendation, which was one fewer than last month, while the number of analysts recommending a “buy” remained unchanged at 11 month-over-month.
Month-over-month, the number of analysts recommending a “strong buy” remained unchanged at five. Consequently, the number of analysts recommending a “hold” rose to seven from six a month ago. This price target was close to what the analysts had at the beginning of this year.
Thirty-seven companies in the S&P 500 increased sales per share by 25% or more while improving gross margins.
Piedmont Lithium has locked up 1,200 acres in the area west of Gastonia as it carefully explores options for a $500 million mine and processing plant there.
Mosaic (MOS) reported its second-quarter earnings on August 6. The company missed the top-line estimates but beat the bottom-line estimates for the quarter. The overall recommendation for Mosaic as of the date of this writing was a “buy.” Month-over-month, analysts have also become bullish on Mosaic, similar to what we saw for CF Industries. As of August 8, four analysts recommended a “strong buy” on the stock, while six analysts had a “buy” on the stock, which was unchanged over the last month.
The fertilizer sector has gained momentum on the back of favorable fertilizer prices along with a tighter supply environment in the global market. The overall agribusiness sector ETF, the VanEck Vectors Agribusiness ETF (MOO), has gained about 4.1% YTD as of August 8 compared to the S&P 500 Index (SPY), which experienced a 38-basis-point loss over the same period.
Albemarle (ALB) reported its Q2 2018 earnings after the market closed on August 7. It reported revenue of $853.9 million for Q2 2018, reflecting growth of 15.8% over Q2 2017. The company easily beat Wall Street analysts’ estimate of $798.2 million. Higher volumes, better pricing, and favorable foreign currency influenced ALB’s revenue growth and offset the divestiture effect of its polyolefin catalysts and components business to W.R. Grace (GRA). All three of ALB’s reporting segments witnessed revenue growth. On a year-over-year basis, the Lithium segment led the revenue growth with 30. ...
One week ago, we pointed out the budding bullishness from Procter & Gamble. Thanks to that advance, P&G shares have worked their way above some key technical resistance. • Perhaps more important, Procter & Gamble shares peeled back a little on Tuesday to test the 200-day moving average line as support, and did indeed find support there.
Jim Cramer said on CNBC's "Mad Money Lightning Round" there are no more catalysts for Canopy Growth Corp (NYSE: CGC ) at the moment. We need to see what kind of beverages, candies, food and ...
DowDuPont’s (DWDP) Material Science segment, which will be spun off and called Dow by the end of Q1 2019, accounted for 51.9% of DWDP’s total revenues in Q2 2018. The Materials Science segment revenue increase was primarily driven by double-digit growth across all the businesses under this segment.
It's that time again! "Mad Money" host Jim Cramer rang the lightning round bell, which means he gave his take on callers' favorite stocks at rapid speed. Canopy Growth Corp. CGC-CA : "Here's the problem: [the] stock ran up because of the Canadian vote [to legalize recreational marijuana], and then the Canadian vote happens and then there's no more catalyst.
FMC Corp, which is spinning off its lithium division as a publicly traded company later this year, said on Thursday that prices for the light metal continue to rise on strong demand from electric vehicle battery makers. There are growing worries about oversupply in the lithium sector, with several new production facilities under construction around the globe. Philadelphia-based FMC on Wednesday posted a better-than-expected second-quarter profit, helped in part by a 20 percent increase in sales of lithium hydroxide and carbonate, the two most common derivations of lithium used by battery suppliers for Tesla Inc and others.
NEW YORK, NY / ACCESSWIRE / August 2, 2018 / FMC Corporation (NYSE: FMC ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 2, 2018 at 9:00 AM Eastern Time. To listen ...
FMC (FMC) delivered earnings and revenue surprises of 4.09% and 2.74%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
FMC Corp, the chemical producer spinning off its lithium division as a publicly traded company later this year, posted a better-than-expected quarterly profit on Wednesday as sales of the mineral used to make electric vehicle batteries surged. FMC said it expects lithium results to improve further, and the company boosted its forecast for 2018 lithium earnings to a range of $195 million to $205 million, up $2 million. The lithium unit is still expected to launch an initial public offering in October and be called "Livent Corp," FMC said in a press release.