Mizuho Has Lowered Expectations for FMC (NYSE:FMC) Stock Price

FMC (NYSE:FMC) had its price objective dropped by Mizuho from $24.00 to $21.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage presently has an “outperform” rating on the basic materials company’s stock. Mizuho’s price target would suggest a potential upside of 36.10% from the stock’s current price.

A number of other analysts also recently commented on FMC. Barclays downgraded FMC from an “equal weight” rating to an “underweight” rating and decreased their target price for the stock from $16.00 to $13.00 in a research report on Tuesday, December 9th. Bank of America decreased their price objective on shares of FMC from $18.00 to $17.00 and set a “neutral” rating on the stock in a research report on Thursday, January 8th. Zacks Research upgraded shares of FMC from a “strong sell” rating to a “hold” rating in a report on Friday, January 2nd. Morgan Stanley reduced their price target on shares of FMC from $38.00 to $17.00 and set an “equal weight” rating on the stock in a report on Monday, November 3rd. Finally, Citigroup lowered their price target on shares of FMC from $17.00 to $14.00 and set a “neutral” rating on the stock in a research report on Thursday, December 18th. Three equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $24.85.

FMC Price Performance

FMC stock opened at $15.43 on Friday. The company has a market cap of $1.93 billion, a P/E ratio of -3.64, a price-to-earnings-growth ratio of 0.88 and a beta of 0.65. FMC has a one year low of $12.17 and a one year high of $57.00. The business has a fifty day moving average of $13.79 and a two-hundred day moving average of $28.00. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.05 and a current ratio of 1.40.

FMC (NYSE:FMC) last announced its quarterly earnings results on Wednesday, October 29th. The basic materials company reported $0.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.04. FMC had a negative net margin of 14.81% and a positive return on equity of 10.40%. The business had revenue of $542.20 million during the quarter, compared to the consensus estimate of $1.08 billion. During the same quarter last year, the firm posted $0.69 EPS. The business’s revenue was down 49.1% compared to the same quarter last year. FMC has set its Q4 2025 guidance at 1.140-1.360 EPS and its FY 2025 guidance at 2.920-3.140 EPS. As a group, analysts predict that FMC will post 3.48 earnings per share for the current fiscal year.

Insider Buying and Selling

In other FMC news, Director John Mitchell Raines acquired 7,000 shares of the stock in a transaction dated Thursday, November 13th. The stock was acquired at an average price of $13.77 per share, with a total value of $96,390.00. Following the completion of the transaction, the director directly owned 13,784 shares in the company, valued at approximately $189,805.68. This trade represents a 103.18% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 0.67% of the company’s stock.

Institutional Trading of FMC

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. SG Americas Securities LLC grew its holdings in FMC by 290.5% in the third quarter. SG Americas Securities LLC now owns 97,781 shares of the basic materials company’s stock valued at $3,288,000 after purchasing an additional 72,743 shares during the period. GAMMA Investing LLC raised its stake in FMC by 16.7% during the second quarter. GAMMA Investing LLC now owns 4,956 shares of the basic materials company’s stock worth $207,000 after purchasing an additional 711 shares during the period. Steel Grove Capital Advisors LLC boosted its holdings in shares of FMC by 28.4% in the 2nd quarter. Steel Grove Capital Advisors LLC now owns 45,296 shares of the basic materials company’s stock valued at $1,891,000 after purchasing an additional 10,018 shares during the last quarter. Roffman Miller Associates Inc. PA purchased a new stake in shares of FMC during the 3rd quarter valued at $2,245,000. Finally, Jaffetilchin Investment Partners LLC purchased a new stake in shares of FMC during the 2nd quarter valued at $606,000. Hedge funds and other institutional investors own 91.86% of the company’s stock.

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.