Fresenius Medical Care AG & Co. KGaA (FMS)
Market Cap | 12.22B |
Revenue (ttm) | 20.70B |
Net Income (ttm) | 478.59M |
Shares Out | 586.83M |
EPS (ttm) | 0.85 |
PE Ratio | 24.51 |
Forward PE | 14.64 |
Dividend | $0.62 (2.97%) |
Ex-Dividend Date | May 17, 2023 |
Volume | 165,384 |
Open | 20.85 |
Previous Close | 20.93 |
Day's Range | 20.81 - 21.05 |
52-Week Range | 15.76 - 27.72 |
Beta | 1.04 |
Analysts | Hold |
Price Target | 24.00 (+15.22%) |
Earnings Date | Feb 20, 2024 |
About FMS
Fresenius Medical Care AG provides dialysis and related services for individuals with renal diseases in Germany, North America, and internationally. The company offers dialysis treatment and related laboratory and diagnostic services through a network of outpatient dialysis clinics; materials, training, and patient support services comprising clinical monitoring, follow-up assistance, and arranging for delivery of the supplies to the patient's residence; and dialysis services under contract to hospitals in the United States for the hospitalized... [Read more]
Financial Performance
In 2022, FMS's revenue was 19.40 billion, an increase of 10.10% compared to the previous year's 17.62 billion. Earnings were 673.41 million, a decrease of -30.53%.
Financial numbers in EUR Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for FMS stock is "Hold." The 12-month stock price forecast is $24.0, which is an increase of 15.22% from the latest price.
News
Fresenius plans to sell rehabilitation care clinics - FAZ
Fresenius has hired UBS to manage the sale of its rehabilitation care clinic business as the German healthcare group focuses on core activities, Frankfurter Allgemeine Zeitung reported on Friday, citi...
Fresenius Medical Care says data on 500,000 people stolen in U.S.
Dialysis group Fresenius Medical Care said on Wednesday that data including medical records on 500,000 patients and former patients were stolen from a U.S. subsidiary's database.
Fresenius Medical Care completes change of legal form into a German stock corporation
Change of legal form simplifies the corporate governance structure as a German stock corporation (Aktiengesellschaft) The composition of the Management Board remains as before; the new Supervisory Boa...
Fresenius Medical Care enters into favorable settlement agreement with U. S. government with positive earnings impact of approx.
WALTHAM, Mass. , Nov. 21, 2023 /PRNewswire/ -- Fresenius Medical Care, the world's leading provider of products and services for individuals with renal diseases, resolved a legal dispute with the U.S....
Who's afraid of Ozempic? From restaurants to package makers, companies work to calm investors' GLP-1 jitters.
That's the message from many corporate executives who have lately been peppered with questions about how Wegovy, Ozempic and other drugs widely used for weight loss may impact their bottom line.
Fresenius Medical Care continues to execute on turnaround plan and raises 2023 earnings outlook due to strong operational performance in first nine months and solid business outlook for the fourth quarter
Continued solid organic growth in Care Enablement and Care Delivery including sequentially stable same market treatment growth in the U.S. Successful execution on turnaround plan driving productivity ...
Fresenius Medical Care appoints Craig Cordola as new Management Board member for Care Delivery
WALTHAM, Mass. , Oct. 31, 2023 /PRNewswire/ -- Fresenius Medical Care, the world's leading provider of products and services for individuals with renal diseases, has appointed Craig Cordola (52) as ne...
Fresenius Medical Care Demonstrates Commitment to Innovating Dialysis and Kidney Disease Care with Presentations at the American Society of Nephrology (ASN) Kidney Week 2023
Company-wide research offers novel pathways for enhancing kidney patient care using data-driven insights and real-world evidence WALTHAM, Mass. , Oct. 31, 2023 /PRNewswire/ -- Fresenius Medical Care, ...
Fresenius Medical Care Achieves Key AI Milestone With First-Phase Completion of Largest Global Dialysis Clinical Dataset
Powerful Cloud-Based Data Asset to Drive Improvements in Care Quality and Patient Outcomes as the Largest Multinational, Longitudinal Database of its kind Achievement Part of Company's Long-Term AI St...
Capital Square Delivers 149.59% Total Return* to Investors in Medical Building DST
WINCHESTER, Va. , Oct. 18, 2023 /PRNewswire/ -- Capital Square, one of the nation's leading sponsors of tax-advantaged real estate investments and an active developer and manager of multifamily commun...
Fresenius Medical: use of drugs like Ozempic has neutral effect on dialysis patient numbers
Germany's Fresenius Medical Care , said that use of Ozempic, and other diabetes and weight-loss drugs of the same class, would have an overall neutral effect on how many patients will require the comp...
What other industries could weight loss drugs disrupt?
Jared Holz, Mizuho health care sector strategist, joins the ‘Fast Money' traders to discuss Novo Nordisj's kidney trial outcomes and the impact of weight loss drugs on the health care sector.
Capital Square Delivers 147.63% Total Return* to Investors in Medical Building DST
KINSTON, N.C. , Oct. 11, 2023 /PRNewswire/ -- Capital Square, one of the nation's leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announc...
Dialysis company shares plunge after Ozempic trial success vs. kidney trouble
The trial success of Novo Nordisk's hit drug against kidney failure sent shares of a German kidney dialysis services firm plummeting on Wednesday.
Fresenius Medical Care Announces FDA Clearance of Versi®HD with GuideMe Software
WALTHAM, Mass. , Aug. 23, 2023 /PRNewswire/ -- Fresenius Medical Care, the world's leading provider of products and services for individuals with renal diseases, today announced the U.S. Food and Drug...
Fresenius Medical Care Partners with Sarah Bush Lincoln to Provide Life-Sustaining Care to Rural Patients
The new partnership delivers care for hemodialysis patients at their local hospital, who previously had to travel nearly 100 miles for care, eliminating the need to be transferred to a more urban hosp...
Fresenius Medical Care successfully executes strategic plan and narrows guidance range due to strong operational performance in the first half of 2023
Organic growth accelerated in the second quarter in Care Enablement and Care Delivery including sequentially stable treatment volumes in the U.S. Execution on turnaround plan translates into visible p...
Fresenius Medical Care simplifies corporate structure by converting into a German stock corporation
Extraordinary General Meeting approves conversion of Fresenius Medical Care's legal form Several advantages including faster and more agile decision-making Michael Sen elected as Chair of new Supervis...
Fresenius Medical shareholders approve change in legal form
Fresenius Medical Care said on Friday that shareholders voted with a 99.88% majority in favour of a change that will simplify its governance and make parent Fresenius SE a regular minority shareholder...
Fresenius Medical Care appoints Martin Fischer as Chief Financial Officer
Under the U.S. Securities Act of 1933, as amended (the "Securities Act"), this press release may be deemed to be offering material of Fresenius Medical Care AG & Co. KGaA ("FME"). FME has filed a regi...
Fresenius Medical Care shares drop on U.S. dialysis payment adjustment
Shares in kidney dialysis group Fresenius Medical Care declined 1.7% at market open in Germany on Tuesday after a payment increase proposed by a major U.S. public health insurance body fell short of m...
Fresenius Medical Care takes action to close global health gaps, signs "Zero Health Gaps" Pledge at the World Economic Forum
WALTHAM, Mass. , Jan. 20, 2023 /PRNewswire/ -- Fresenius Medical Care (FME), the world's leading provider of products and services for individuals with renal diseases, has taken the Zero Health Gaps P...
Fresenius Medical cuts outlook on slower recovery, rising costs
Kidney dialysis provider Fresenius Medical Care (FMC) on Sunday revised down its forecast for 2022, expecting net income to decline this year, dragged down by rising labour costs and a slower than exp...
Investor Elliott has taken stake in Germany's Fresenius -Bloomberg
Elliott Investment Management has taken a stake in Fresenius SE , seeking to potentially break up the diversified healthcare company, Bloomberg cited people familiar with the matter as saying.