FMC Corp (NYSE: FMC) is -26.89% lower on its value in year-to-date trading and has touched a low of $33.80 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 $36.90 in the last trading session, with the day’s loss setting it -1.36%.
Currently trading at $35.54, the stock is -8.08% and -23.78% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.95 million and changing -3.69% at the moment leaves the stock -37.58% off its SMA200. FMC registered -30.71% loss for a year compared to 6-month loss of -45.42%.
The stock witnessed a -36.96% gain in the last 1 month and extending the period to 3 months gives it a -40.74%, and is -6.40% down 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 2.99% over the week and 3.33% over the month.
FMC Corp (FMC) has around 5700 employees, a market worth around $4.44B and $4.25B in sales. Current P/E ratio is 13.13 and Fwd P/E is 8.57. Profit margin for the company is 8.00%. Distance from 52-week low is 5.15% and -48.28% from its 52-week high. The company has generated returns on investments over the last 12 months (4.45%).
with sales reaching $785.21M over the same period.The EPS is expected to shrink by -1.84% this year, but quarterly earnings will post -1.39% year-over-year. Quarterly sales are estimated to shrink -14.47% in year-over-year returns.
FMC Corp (FMC) Top Institutional Holders
The shares outstanding are 124.84M, and float is at 123.88M with Short Float at 5.64%.
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 4.1729 of the shares totaling 5.22 million with a market value of $300.21 million.
FMC Corp (FMC) Insider Activity
A total of 0 insider transactions have happened at FMC Corp (FMC) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by Hugenneyer Thaisa, the company’s EVP – Integrated Supply Chain. SEC filings show that Hugenneyer Thaisa sold 4 shares of the company’s common stock on Jan 27 ’25 at a price of $55.85 per share for a total of $223.0. Following the sale, the insider now owns 9002.0 shares.
Still, SEC filings show that on Jan 23 ’25, Reilly Michael Finian (EVP, General Counsel & Sec.) disposed off 2,958 shares at an average price of $55.25 for $0.16 million. The insider now directly holds 25,468 shares of FMC Corp (FMC).
FMC Corp (FMC): Who are the competitors?
The company’s main competitors (and peers) include Corteva Inc. (CTVA) that is trading 12.67% up over the past 12 months.
