Fresenius Medical Care AG (FMS) Shares Gap Up to $43.60
Fresenius Medical Care AG (NYSE:FMS) shares gapped up prior to trading on Friday . The stock had previously closed at $42.98, but opened at $43.60. Fresenius Medical Care AG shares last traded at $44.66, with a volume of 75,439 shares traded.
Several research analysts have recently commented on the company. Berenberg Bank reissued a “buy” rating on shares of Fresenius Medical Care AG in a report on Tuesday, August 9th. DZ Bank AG reissued a “neutral” rating on shares of Fresenius Medical Care AG in a report on Thursday, August 4th. Jefferies Group raised Fresenius Medical Care AG from an “underperform” rating to a “hold” rating in a report on Friday, July 8th. Royal Bank Of Canada reaffirmed a “hold” rating on shares of Fresenius Medical Care AG in a report on Tuesday, May 24th. Finally, Robert W. Baird reaffirmed a “hold” rating on shares of Fresenius Medical Care AG in a report on Monday, May 16th. One analyst has rated the stock with a sell rating, six have issued a hold rating and six have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $42.50.
The firm has a market capitalization of $27.34 billion and a P/E ratio of 24.78. The company’s 50 day moving average is $45.35 and its 200 day moving average is $43.58.
Fresenius Medical Care AG (NYSE:FMS) last issued its quarterly earnings results on Tuesday, August 2nd. The company reported $0.96 EPS for the quarter, topping analysts’ consensus estimates of $0.92 by $0.04. The business had revenue of $4.42 billion for the quarter, compared to analyst estimates of $4.54 billion. On average, equities analysts forecast that Fresenius Medical Care AG will post $2.01 earnings per share for the current fiscal year.
Fresenius Medical Care AG & Co KGaA (FMC AG & CO. KGAA) is a kidney dialysis company. The Company provides dialysis care and related services to persons suffering from end stage renal disease (ESRD), as well as other healthcare services. The Company operates through four segments: North America, Europe, Middle East, Africa (EMEA), Asia-Pacific and Latin America.
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