FMC Corp. (NYSE: FMC) is 3.73% higher on its value in year-to-date trading and has touched a low of $49.49 and a high of $89.21 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The FMC stock was last observed hovering at around $65.11 in the last trading session, with the day’s gains setting it 0.29%.
Currently trading at $65.40, the stock is 3.95% and 9.86% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.6 million and changing 0.45% at the moment leaves the stock 11.13% off its SMA200. FMC registered -26.26% loss for a year compared to 6-month gain of 15.98%.
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The stock witnessed a 12.06% loss in the last 1 month and extending the period to 3 months gives it a 6.93%, and is 2.33% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.86% over the week and 2.92% over the month.
FMC Corp. (FMC) has around 6600 employees, a market worth around $8.16B and $4.08B in sales. Current P/E ratio is 5.92 and Fwd P/E is 13.88. Profit margin for the company is 33.87%. Distance from 52-week low is 32.15% and -26.69% from its 52-week high. The company has generated returns on investments over the last 12 months (17.96%).
The EPS is expected to shrink by -12.20% this year
863.0 institutions hold shares in FMC Corp. (FMC), with institutional investors hold 97.24% of the company’s shares. The shares outstanding are 124.76M, and float is at 123.83M with Short Float at 5.59%. Institutions hold 96.24% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 15.25 million shares valued at $877.59 million. The investor’s holdings represent 12.2047 of the FMC Shares outstanding. As of 2024-06-30, the second largest holder is WELLINGTON MANAGEMENT GROUP LLP with 14.73 million shares valued at $847.62 million to account for 11.7879 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 11.76 million shares representing 9.416 and valued at over $677.07 million, while PRICE T ROWE ASSOCIATES INC /MD/ holds 4.175 of the shares totaling 5.22 million with a market value of $300.21 million.
FMC Corp. (FMC) Insider Activity
The most recent transaction is an insider sale by Angeli Brian Paul, the company’s Ex. VP & Chief Marketing Off. SEC filings show that Angeli Brian Paul sold 400 shares of the company’s common stock on Jul 17 ’24 at a price of $60.00 per share for a total of $24000.0. Following the sale, the insider now owns 5879.0 shares.
FMC Corp. disclosed in a document filed with the SEC on Mar 04 ’24 that Sandifer Andrew D (EVP and CFO) bought a total of 2,150 shares of the company’s common stock. The trade occurred on Mar 04 ’24 and was made at $59.22 per share for $0.13 million. Following the transaction, the insider now directly holds 50088.0 shares of the FMC stock.
Still, SEC filings show that on Nov 27 ’23, Pallash Robert C (Director) acquired 3,845 shares at an average price of $52.48 for $0.2 million. The insider now directly holds 47,871 shares of FMC Corp. (FMC).
