Analysts Set FMC Corporation (NYSE:FMC) Price Target at $14.25

FMC Corporation (NYSE:FMC) has been given an average recommendation of “Hold” by the fourteen research firms that are presently covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $14.3846.

Several analysts have recently commented on the stock. Mizuho set a $16.00 target price on shares of FMC in a research note on Tuesday, July 14th. JPMorgan Chase & Co. dropped their price target on shares of FMC from $16.00 to $12.00 and set a “neutral” rating on the stock in a research note on Friday, July 31st. The Goldman Sachs Group restated a “buy” rating and issued a $18.00 price objective on shares of FMC in a research report on Friday, July 31st. Citigroup reaffirmed a “buy” rating on shares of FMC in a report on Tuesday, August 4th. Finally, Morgan Stanley dropped their target price on FMC from $15.50 to $12.00 and set an “equal weight” rating on the stock in a research report on Friday, July 31st.

Trending Headlines about FMC

Here are the key news stories impacting FMC this week:

• Positive Sentiment: KeyCorp initiated coverage with an “overweight” rating and a $16 price target, implying roughly 40.6% upside from the recent trading level. The firm also projected FY2028 earnings of $2.05 per share, well above the current-year consensus estimate of $1.27, signaling expectations for a longer-term earnings recovery.
• Positive Sentiment: Analysts’ average price target is reported at $14.25, above FMC’s recent share price. The company also declared its regular $0.08 quarterly dividend, equal to $0.32 annually and an indicated yield of approximately 2.6%. FMC analyst price target report
• Neutral Sentiment: Corporate controller Nicholas Pfeiffer sold 1,251 shares for approximately $15,988, reducing his holdings by 4.2% while retaining 28,513 shares. The relatively small transaction is a modest negative signal but is unlikely to materially change the investment case. FMC insider sale SEC filing
• Negative Sentiment: FMC’s latest reported quarter showed revenue falling 17.5% year over year to $841.4 million, below analyst expectations, while earnings declined from the prior year. Its elevated debt-to-equity ratio of 2.38 and negative net margin remain additional risks.
• Neutral Sentiment: Reports about vulnerabilities in Cisco Secure FMC concern Cisco cybersecurity software, not FMC Corporation, and should not affect FMC shares. Similarly, news involving the Federal Maritime Commission or TechnipFMC relates to different entities.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. IFP Advisors Inc lifted its holdings in FMC by 99.0% in the second quarter. IFP Advisors Inc now owns 2,726 shares of the basic materials company’s stock valued at $31,000 after acquiring an additional 1,356 shares during the period. Glenmede Trust Co. NA boosted its position in shares of FMC by 14.9% during the 1st quarter. Glenmede Trust Co. NA now owns 12,427 shares of the basic materials company’s stock worth $214,000 after purchasing an additional 1,614 shares in the last quarter. Root Financial Partners LLC grew its stake in shares of FMC by 3,642.9% during the 1st quarter. Root Financial Partners LLC now owns 1,834 shares of the basic materials company’s stock worth $32,000 after purchasing an additional 1,785 shares during the period. Essential Partners LLC acquired a new position in shares of FMC during the 1st quarter worth $43,000. Finally, Parallel Advisors LLC increased its holdings in shares of FMC by 297.2% in the 1st quarter. Parallel Advisors LLC now owns 6,264 shares of the basic materials company’s stock valued at $108,000 after purchasing an additional 4,687 shares in the last quarter. Hedge funds and other institutional investors own 91.86% of the company’s stock.

FMC Trading Down 5.8%

Shares of FMC stock opened at $11.38 on Friday. The company has a market capitalization of $1.43 billion, a P/E ratio of -0.52 and a beta of 0.41. The company has a current ratio of 1.99, a quick ratio of 1.48 and a debt-to-equity ratio of 2.38. The business’s 50 day moving average is $11.20 and its two-hundred day moving average is $13.03. FMC has a twelve month low of $9.94 and a twelve month high of $38.68.

FMC (NYSE:FMC) last released its quarterly earnings results on Wednesday, July 29th. The basic materials company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.22 by $0.04. FMC had a positive return on equity of 11.35% and a negative net margin of 84.83%.The business had revenue of $841.40 million during the quarter, compared to analysts’ expectations of $895.14 million. During the same quarter in the prior year, the business earned $0.69 earnings per share. The company’s quarterly revenue was down 17.5% compared to the same quarter last year. Equities analysts forecast that FMC will post 1.27 EPS for the current year.

FMC Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be paid a $0.08 dividend. The ex-dividend date is Wednesday, September 30th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.8%. FMC’s payout ratio is -1.45%.

FMC Company Profile

FMC Corporation is a global agricultural sciences company specializing in the development, manufacture and marketing of crop protection products. Its portfolio includes herbicides, insecticides, fungicides and plant nutrition solutions designed to enhance crop yield, quality and sustainability. In addition to core crop protection, FMC delivers solutions for turf management and pest control in urban and industrial environments.

Founded in 1883 as the Bean Spray Pump Company and later known as Food Machinery Corporation, the business adopted the FMC name in 1948 and has since evolved through strategic acquisitions and divestitures.