Weiss Ratings Reaffirms "Sell (D+)" Rating for FMC (NYSE:FMC)

FMC (NYSE:FMC - Get Free Report)'s stock had its "sell (d+)" rating reaffirmed by equities research analysts at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

Several other research analysts have also weighed in on FMC. Wall Street Zen upgraded shares of FMC from a "sell" rating to a "hold" rating in a research report on Saturday, June 14th. KeyCorp increased their price target on shares of FMC from $53.00 to $61.00 and gave the company an "overweight" rating in a research report on Monday, July 14th. Royal Bank Of Canada lowered their price target on shares of FMC from $47.00 to $42.00 and set a "sector perform" rating on the stock in a research report on Friday, August 1st. UBS Group lowered their price target on shares of FMC from $44.00 to $36.00 and set a "neutral" rating on the stock in a research report on Monday. Finally, Wells Fargo & Company upgraded shares of FMC from an "equal weight" rating to an "overweight" rating and increased their price target for the company from $41.00 to $50.00 in a research report on Monday, June 23rd. Five analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $46.67.

FMC Trading Down 2.5%

Shares of FMC opened at $30.34 on Wednesday. The company has a current ratio of 1.53, a quick ratio of 1.14 and a debt-to-equity ratio of 0.74. The firm's 50-day moving average is $36.52 and its two-hundred day moving average is $39.13. FMC has a twelve month low of $30.15 and a twelve month high of $67.75. The firm has a market capitalization of $3.79 billion, a P/E ratio of 37.93, a PEG ratio of 0.97 and a beta of 0.76.

FMC (NYSE:FMC - Get Free Report) last issued its earnings results on Wednesday, July 30th. The basic materials company reported $0.69 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.10. FMC had a net margin of 2.42% and a return on equity of 9.36%. The company had revenue of $1.05 billion for the quarter, compared to analyst estimates of $995.15 million. During the same period in the prior year, the business posted $0.63 earnings per share. The firm'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. On average, research analysts predict that FMC will post 3.48 earnings per share for the current fiscal year.

Insider Activity

In related news, VP Jacqueline Scanlan sold 3,790 shares of the company's stock in a transaction that occurred on Monday, September 29th. The shares were sold at an average price of $34.00, for a total transaction of $128,860.00. Following the transaction, the vice president owned 33,044 shares of the company's stock, valued at approximately $1,123,496. This represents a 10.29% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.67% of the company's stock.

Hedge Funds Weigh In On FMC

Several institutional investors and hedge funds have recently modified their holdings of FMC. Financial Harvest LLC purchased a new position in shares of FMC during the first quarter valued at approximately $29,000. Elequin Capital LP purchased a new position in FMC during the first quarter worth approximately $30,000. Creative Financial Designs Inc. ADV boosted its holdings in shares of FMC by 180.1% in the 2nd quarter. Creative Financial Designs Inc. ADV now owns 815 shares of the basic materials company's stock valued at $34,000 after purchasing an additional 524 shares during the last quarter. Golden State Wealth Management LLC boosted its holdings in shares of FMC by 66.6% in the 1st quarter. Golden State Wealth Management LLC now owns 1,006 shares of the basic materials company's stock valued at $42,000 after purchasing an additional 402 shares during the last quarter. Finally, AlphaQuest LLC acquired a new position in shares of FMC in the 1st quarter valued at $74,000. Hedge funds and other institutional investors own 91.86% of the company's stock.

About FMC

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.

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