Royal Bank Of Canada Cuts FMC (NYSE:FMC) Price Target to $14.00

FMC (NYSE:FMC) had its price objective decreased by research analysts at Royal Bank Of Canada from $17.00 to $14.00 in a report released on Thursday,MarketScreener reports. The firm presently has a “sector perform” rating on the basic materials company’s stock. Royal Bank Of Canada’s target price indicates a potential upside of 29.45% from the company’s previous close.

A number of other equities analysts have also weighed in on FMC. Weiss Ratings reiterated a “sell (d-)” rating on shares of FMC in a report on Friday, May 29th. Mizuho cut their target price on FMC from $21.00 to $20.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 17th. Vertical Research cut FMC from a “hold” rating to a “sell” rating and set a $14.00 target price on the stock. in a report on Wednesday, April 22nd. Zacks Research raised FMC from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 7th. Finally, UBS Group upped their price target on FMC from $14.00 to $17.00 and gave the stock a “neutral” rating in a research note on Thursday, April 9th. Two equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, FMC has an average rating of “Reduce” and an average target price of $20.21.

FMC Stock Up 0.1%

FMC opened at $10.82 on Thursday. FMC has a 12 month low of $10.78 and a 12 month high of $44.68. The business has a 50-day moving average of $14.69 and a two-hundred day moving average of $14.54. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.29 and a quick ratio of 0.96. The stock has a market capitalization of $1.35 billion, a price-to-earnings ratio of -0.54, a price-to-earnings-growth ratio of 0.92 and a beta of 0.35.

FMC (NYSE:FMC) last released its earnings results on Wednesday, April 29th. The basic materials company reported ($0.23) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.39) by $0.16. FMC had a negative net margin of 72.93% and a positive return on equity of 10.53%. The business had revenue of $762.40 million for the quarter, compared to analysts’ expectations of $745.42 million. During the same period last year, the company earned $0.18 earnings per share. The company’s quarterly revenue was down 4.1% on a year-over-year basis. FMC has set its FY 2026 guidance at 1.630-1.890 EPS and its Q2 2026 guidance at 0.160-0.260 EPS. On average, research analysts expect that FMC will post 1.69 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Glenmede Trust Co. NA boosted its position in shares of FMC by 14.9% in the first quarter. Glenmede Trust Co. NA now owns 12,427 shares of the basic materials company’s stock worth $214,000 after buying an additional 1,614 shares during the period. Essential Partners LLC purchased a new stake in shares of FMC during the 1st quarter valued at about $43,000. EverSource Wealth Advisors LLC lifted its position in FMC by 3,714.8% during the 1st quarter. EverSource Wealth Advisors LLC now owns 9,041 shares of the basic materials company’s stock worth $156,000 after acquiring an additional 8,804 shares in the last quarter. Entropy Technologies LP acquired a new position in FMC during the 1st quarter worth approximately $1,401,000. Finally, Parallel Advisors LLC boosted its holdings in FMC by 297.2% in the 1st quarter. Parallel Advisors LLC now owns 6,264 shares of the basic materials company’s stock worth $108,000 after acquiring an additional 4,687 shares during the period. 91.86% of the stock is owned by hedge funds and other 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.