FY2028 Earnings Forecast for FMC Issued By KeyCorp

FMC Corporation (NYSE:FMC) – Investment analysts at KeyCorp issued their FY2028 earnings per share estimates for shares of FMC in a research report issued on Thursday, September 10th. KeyCorp analyst S. Tiano forecasts that the basic materials company will post earnings of $2.05 per share for the year. KeyCorp has a “Strong-Buy” rating on the stock. The consensus estimate for FMC’s current full-year earnings is $1.27 per share.

FMC has been the subject of several other reports. Zacks Research cut shares of FMC from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 1st. BMO Capital Markets set a $14.00 price target on shares of FMC in a research note on Friday, July 3rd. Morgan Stanley dropped their price objective on shares of FMC from $15.50 to $12.00 and set an “equal weight” rating for the company in a report on Friday, July 31st. JPMorgan Chase & Co. cut their price objective on FMC from $16.00 to $12.00 and set a “neutral” rating for the company in a research report on Friday, July 31st. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of FMC in a report on Wednesday, August 26th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, FMC has an average rating of “Hold” and a consensus price target of $14.25.

FMC Price Performance

FMC stock opened at $12.11 on Friday. FMC has a one year low of $9.94 and a one year high of $38.68. The company’s fifty day moving average price is $11.20 and its 200-day moving average price is $13.05. The company has a debt-to-equity ratio of 2.38, a quick ratio of 1.48 and a current ratio of 1.99. The company has a market capitalization of $1.52 billion, a PE ratio of -0.55 and a beta of 0.41.

FMC (NYSE:FMC) last posted its quarterly earnings results on Wednesday, July 29th. The basic materials company reported $0.26 earnings per share 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 the consensus estimate of $895.14 million. During the same period in the prior year, the company posted $0.69 EPS. The firm’s revenue for the quarter was down 17.5% compared to the same quarter last 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 given a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 2.6%. The ex-dividend date is Wednesday, September 30th. FMC’s payout ratio is currently -1.45%.

Institutional Investors Weigh In On FMC

A number of hedge funds have recently bought and sold shares of the business. Root Financial Partners LLC grew its stake in shares of FMC by 3,642.9% in the 1st quarter. Root Financial Partners LLC now owns 1,834 shares of the basic materials company’s stock worth $32,000 after buying an additional 1,785 shares in the last quarter. Essential Partners LLC bought a new stake in shares of FMC in the 1st quarter worth about $43,000. IFP Advisors Inc raised its position in shares of FMC by 99.0% during the 2nd quarter. IFP Advisors Inc now owns 2,726 shares of the basic materials company’s stock valued at $31,000 after buying an additional 1,356 shares in the last quarter. Nykredit A S purchased a new stake in shares of FMC during the 2nd quarter valued at about $55,000. Finally, Armistice Capital LLC bought a new position in shares of FMC in the 3rd quarter valued at about $204,000. Hedge funds and other institutional investors own 91.86% of the company’s stock.

More FMC News

Here are the key news stories impacting FMC this week:

• Positive Sentiment: KeyCorp analyst S. Tiano projects FMC will earn $2.05 per share in FY2028, well above the current full-year consensus estimate of $1.27. The forecast suggests analysts expect a meaningful recovery in profitability over the next several years, which may support investor sentiment. KeyCorp FY2028 earnings estimate
• Positive Sentiment: Analysts reportedly assign FMC an average price target of $14.25, above the stock’s recent trading level near $12, indicating potential upside if the company delivers on its expected earnings recovery. FMC average analyst price target
• Neutral Sentiment: Corporate controller Nicholas Pfeiffer sold 1,251 FMC shares for approximately $15,988, reducing his position by 4.2% but leaving him with 28,513 shares. The transaction is relatively small and does not necessarily indicate a change in management’s view of the company. FMC insider stock sale filing
• Negative Sentiment: Reports about vulnerabilities in Cisco Secure FMC involve Cisco’s cybersecurity software, not FMC Corporation, and therefore have no direct investment implications for FMC shares. Cisco Secure FMC vulnerability report

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.