FMC Corp (NYSE: FMC) is -22.27% lower on its value in year-to-date trading and has touched a low of $47.73 and a high of $68.72 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FMC stock was last observed hovering at around $49.13 in the last trading session, with the day’s loss setting it -0.12%.
Currently trading at $49.01, the stock is -9.16% and -15.07% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.26 million and changing -0.24% at the moment leaves the stock -18.49% off its SMA200. FMC registered -22.98% loss for a year compared to 6-month gain of -14.84%. The firm has a 50-day simple moving average (SMA 50) of $57.7078 and a 200-day simple moving average (SMA200) of $60.1249.
The stock witnessed a -18.28% loss in the last 1 month and extending the period to 3 months gives it a -25.83%, and is 2.40% 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 2.83% over the week and 3.34% over the month.
FMC Corp (FMC) has around 6600 employees, a market worth around $6.10B and $4.17B in sales. Current P/E ratio is 4.23 and Fwd P/E is 10.75. Profit margin for the company is 34.83%. Distance from 52-week low is 2.68% and -28.68% from its 52-week high. The company has generated returns on investments over the last 12 months (18.74%).
with sales reaching $1.34B over the same period.The EPS is expected to shrink by -11.27% this year, but quarterly earnings will post -2.73% year-over-year. Quarterly sales are estimated to grow 16.57% in year-over-year returns.
FMC Corp (FMC) Top Institutional Holders
864.0 institutions hold shares in FMC Corp (FMC), with institutional investors hold 94.59% of the company’s shares. The shares outstanding are 124.84M, and float is at 123.99M with Short Float at 5.09%. Institutions hold 93.62% 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 Scanlan Jacqueline, the company’s Executive VP & Chief HRO. SEC filings show that Scanlan Jacqueline sold 4,529 shares of the company’s common stock on Nov 11 ’24 at a price of $59.67 per share for a total of $0.27 million. Following the sale, the insider now owns 28649.0 shares.
FMC Corp disclosed in a document filed with the SEC on Jul 17 ’24 that Angeli Brian Paul (Ex. VP & Chief Marketing Off.) sold a total of 400 shares of the company’s common stock. The trade occurred on Jul 17 ’24 and was made at $60.00 per share for $24000.0. Following the transaction, the insider now directly holds 5879.0 shares of the FMC stock.
Still, SEC filings show that on Mar 04 ’24, Sandifer Andrew D (EVP and CFO) acquired 2,150 shares at an average price of $59.22 for $0.13 million. The insider now directly holds 50,088 shares of FMC Corp (FMC).
