Royal Bank Of Canada Forecasts Strong Price Appreciation for FMC (NYSE:FMC) Stock

FMC (NYSE:FMC) had its target price boosted by stock analysts at Royal Bank Of Canada from $14.00 to $16.00 in a research report issued on Friday, Marketbeat.com reports. The brokerage currently has a “sector perform” rating on the basic materials company’s stock. Royal Bank Of Canada’s price objective points to a potential upside of 10.88% from the stock’s current price.

FMC has been the subject of several other research reports. The Goldman Sachs Group raised their price objective on shares of FMC from $17.00 to $21.00 and gave the stock a “buy” rating in a report on Tuesday, April 14th. Mizuho dropped their price objective on shares of FMC from $21.00 to $20.00 and set an “outperform” rating for the company in a report on Tuesday, February 17th. Zacks Research raised shares of FMC from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 7th. Bank of America dropped their price objective on shares of FMC from $18.00 to $17.00 and set a “neutral” rating for the company in a report on Thursday, January 8th. Finally, Citigroup dropped their price objective on shares of FMC from $16.00 to $14.00 and set a “neutral” rating for the company in a report on Monday, February 9th. Two investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus price target of $19.96.

FMC Price Performance

NYSE:FMC traded down $0.02 during mid-day trading on Friday, hitting $14.43. The company’s stock had a trading volume of 91,870 shares, compared to its average volume of 3,924,745. FMC has a fifty-two week low of $12.17 and a fifty-two week high of $44.78. The company has a current ratio of 1.32, a quick ratio of 1.00 and a debt-to-equity ratio of 1.32. The company has a market capitalization of $1.80 billion, a price-to-earnings ratio of -0.81, a P/E/G ratio of 1.38 and a beta of 0.51. The stock has a fifty day moving average of $15.39 and a 200-day moving average of $16.65.

FMC (NYSE:FMC) last posted its quarterly earnings results on Wednesday, February 4th. The basic materials company reported $1.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.21 by ($0.01). FMC had a positive return on equity of 10.10% and a negative net margin of 64.57%.The business had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same period last year, the company earned $1.79 EPS. The business’s revenue for the quarter was down 11.5% on a year-over-year basis. FMC has set its Q1 2026 guidance at -0.440–0.320 EPS and its FY 2026 guidance at 1.630-1.890 EPS. As a group, equities analysts forecast that FMC will post 1.7 EPS for the current fiscal year.

Insider Transactions at FMC

In other FMC news, Director Michael F. Barry acquired 18,072 shares of FMC stock in a transaction on Wednesday, March 4th. The shares were purchased at an average cost of $13.83 per share, with a total value of $249,935.76. Following the completion of the purchase, the director owned 19,634 shares in the company, valued at $271,538.22. The trade was a 1,156.98% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 0.82% of the company’s stock.

Hedge Funds Weigh In On FMC

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Jones Financial Companies Lllp lifted its position in FMC by 6.3% in the 3rd quarter. Jones Financial Companies Lllp now owns 728,716 shares of the basic materials company’s stock valued at $24,514,000 after acquiring an additional 43,275 shares in the last quarter. Rhumbline Advisers increased its stake in shares of FMC by 0.5% during the 3rd quarter. Rhumbline Advisers now owns 293,690 shares of the basic materials company’s stock worth $9,877,000 after purchasing an additional 1,406 shares during the last quarter. SG Americas Securities LLC increased its stake in shares of FMC by 6.7% during the 1st quarter. SG Americas Securities LLC now owns 213,656 shares of the basic materials company’s stock worth $3,679,000 after purchasing an additional 13,330 shares during the last quarter. Inspire Trust Co. N.A. increased its stake in shares of FMC by 60.7% during the 3rd quarter. Inspire Trust Co. N.A. now owns 140,000 shares of the basic materials company’s stock worth $4,708,000 after purchasing an additional 52,900 shares during the last quarter. Finally, Icon Wealth Advisors LLC increased its stake in shares of FMC by 217.2% during the 4th quarter. Icon Wealth Advisors LLC now owns 63,647 shares of the basic materials company’s stock worth $883,000 after purchasing an additional 43,582 shares during the last quarter. 91.86% of the stock is owned by institutional investors.

About FMC

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.