FMS Stock Summary and Trading Ideas (Fresenius Medical Care Ag American Depositary Shares (Each Representing 1/2 Of An Ordinary Share) | NYSE:FMS)

Fresenius Medical Care is the largest dialysis company in the world, treating about 345,000 patients from over 4,100 clinics across the globe as of December 2022. In addition to providing dialysis services, the firm is a leading supplier of dialysis products, including machines, dialyzers, and concentrates. Fresenius accounts for about 35% of the global dialysis products market and benefits from being the world's only fully integrated dialysis business. Services account for roughly 80% of firmwide revenue, including care coordination and ancillary operations, while products account for the other roughly 20%. Products typically enjoy a higher margin, making them a strong contributor to the bottom line.

Fresenius Medical Care Ag American Depositary Shares (Each Representing 1/2 Of An Ordinary Share) trades on the NYSE stock market under the symbol FMS.

As of April 19, 2024, FMS stock price climbed to $19.49 with 154,959 million shares trading.

FMS has a beta of 1.00, meaning it tends to be less sensitive to market movements. FMS has a correlation of 0.09 to the broad based SPY ETF.

FMS has a market cap of $11.44 billion. This is considered a Large Cap stock.

Last quarter Fresenius Medical Care Ag American Depositary Shares (Each Representing 1/2 Of An Ordinary Share) reported $5 billion in Revenue and $.47 earnings per share. This beat revenue expectation by $19 million and exceeded earnings estimates by $.15.

In the last 3 years, FMS stock traded as high as $42.45 and as low as $12.79.

The top ETF exchange traded funds that FMS belongs to (by Net Assets): ICOW, APIE, AVDE, CVAR, PTEU.

FMS has underperformed the market in the last year with a return of -10.3%, while the SPY ETF gained +21.2%. In the last 3 month period, FMS fell short of the market, returning +0.6%, while SPY returned +4.3%. However, in the most recent 2 weeks FMS has outperformed the stock market by returning +4.1%, while SPY returned -3.5%.

FMS support price is $19.08 and resistance is $19.70 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FMS stock will trade within this expected range on the day.