Royal Bank Of Canada Issues Pessimistic Forecast for FMC (NYSE:FMC) Stock Price

FMC (NYSE:FMC) had its price target cut by research analysts at Royal Bank Of Canada from $42.00 to $33.00 in a note issued to investors on Friday,MarketScreener reports. The brokerage currently has a “sector perform” rating on the basic materials company’s stock. Royal Bank Of Canada’s price objective would indicate a potential upside of 12.32% from the company’s current price.

Several other brokerages have also issued reports on FMC. KeyCorp lifted their price target on FMC from $53.00 to $61.00 and gave the company an “overweight” rating in a research note on Monday, July 14th. Morgan Stanley reduced their price objective on FMC from $46.00 to $42.00 and set an “equal weight” rating on the stock in a research report on Friday, August 1st. Citigroup reduced their price objective on FMC from $42.00 to $34.00 and set a “neutral” rating on the stock in a research report on Monday, October 6th. Weiss Ratings restated a “sell (d+)” rating on shares of FMC in a research report on Wednesday, October 8th. Finally, Mizuho reduced their price objective on FMC from $49.00 to $39.00 and set an “outperform” rating on the stock in a research report on Thursday, October 9th. Five analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, FMC currently has an average rating of “Hold” and a consensus target price of $43.08.

FMC Trading Down 2.0%

Shares of FMC opened at $29.38 on Friday. FMC has a 52-week low of $28.80 and a 52-week high of $67.75. The business’s fifty day moving average is $35.46 and its 200-day moving average is $38.51. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.14 and a current ratio of 1.53. The firm has a market cap of $3.67 billion, a price-to-earnings ratio of 36.73, a PEG ratio of 1.10 and a beta of 0.76.

FMC (NYSE:FMC) last issued its quarterly earnings results on Wednesday, July 30th. The basic materials company reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.10. FMC had a return on equity of 9.36% and a net margin of 2.42%.The company had revenue of $1.05 billion for the quarter, compared to analyst estimates of $995.15 million. During the same quarter last year, the company posted $0.63 EPS. The company’s revenue for the quarter was up 1.2% compared to the same quarter last year. FMC has set its Q3 2025 guidance at 0.780-0.980 EPS. FY 2025 guidance at 3.260-3.700 EPS. Equities analysts anticipate that FMC will post 3.48 EPS for the current fiscal year.

Insider Buying and Selling

In other FMC news, VP Jacqueline Scanlan sold 3,790 shares of FMC stock in a transaction dated Monday, September 29th. The stock was sold at an average price of $34.00, for a total transaction of $128,860.00. Following the transaction, the vice president directly owned 33,044 shares of the company’s stock, valued at approximately $1,123,496. The trade was a 10.29% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.67% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of FMC. Financial Harvest LLC acquired a new position in FMC during the 1st quarter worth about $29,000. Elequin Capital LP acquired a new position in FMC during the 1st quarter worth about $30,000. Creative Financial Designs Inc. ADV lifted its holdings in FMC by 180.1% during the 2nd quarter. Creative Financial Designs Inc. ADV now owns 815 shares of the basic materials company’s stock worth $34,000 after buying an additional 524 shares during the period. Golden State Wealth Management LLC lifted its holdings in FMC by 66.6% during the 1st quarter. Golden State Wealth Management LLC now owns 1,006 shares of the basic materials company’s stock worth $42,000 after buying an additional 402 shares during the period. Finally, AlphaQuest LLC acquired a new position in FMC during the 1st quarter worth about $74,000. 91.86% of the stock is owned by institutional investors and hedge funds.

FMC Company Profile

FMC Corporation, an agricultural sciences company, provides crop protection, plant health, and professional pest and turf management products. It develops, markets, and sells crop protection chemicals that includes insecticides, herbicides, and fungicides; and biologicals, crop nutrition, and seed treatment products, which are used in agriculture to enhance crop yield and quality by controlling a range of insects, weeds, and diseases, as well as in non-agricultural markets for pest control.