Mizuho Issues Pessimistic Forecast for FMC (NYSE:FMC) Stock Price

FMC (NYSE:FMC) had its price target cut by research analysts at Mizuho from $24.00 to $21.00 in a research note issued to investors on Friday, MarketBeat Ratings reports. The brokerage currently has an “outperform” rating on the basic materials company’s stock. Mizuho’s target price points to a potential upside of 36.45% from the company’s current price.

A number of other brokerages have also weighed in on FMC. Citigroup cut their price target on shares of FMC from $17.00 to $14.00 and set a “neutral” rating on the stock in a research note on Thursday, December 18th. Wells Fargo & Company began coverage on shares of FMC in a research note on Tuesday, November 11th. They issued an “equal weight” rating and a $16.00 price target for the company. JPMorgan Chase & Co. dropped their price target on FMC from $43.00 to $14.00 and set a “neutral” rating on the stock in a research note on Monday, November 17th. UBS Group decreased their target price on FMC from $17.00 to $15.00 and set a “neutral” rating on the stock in a research report on Monday, January 12th. Finally, The Goldman Sachs Group cut their price objective on shares of FMC from $43.00 to $19.00 and set a “buy” rating for the company in a report on Monday, November 3rd. Three analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, FMC currently has an average rating of “Hold” and an average price target of $24.85.

FMC Stock Down 0.6%

NYSE:FMC opened at $15.39 on Friday. The firm has a market capitalization of $1.92 billion, a P/E ratio of -3.63, a P/E/G ratio of 0.89 and a beta of 0.65. FMC has a 12-month low of $12.17 and a 12-month high of $57.00. The stock’s fifty day simple moving average is $13.81 and its 200-day simple moving average is $27.71. The company has a quick ratio of 1.05, a current ratio of 1.40 and a debt-to-equity ratio of 0.86.

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

Insider Buying and Selling

In other FMC news, Director John Mitchell Raines bought 7,000 shares of FMC stock in a transaction on Thursday, November 13th. The shares were purchased at an average cost of $13.77 per share, with a total value of $96,390.00. Following the acquisition, the director directly owned 13,784 shares of the company’s stock, valued at $189,805.68. The trade was a 103.18% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.67% of the stock is currently owned by corporate insiders.

Institutional Trading of FMC

A number of large investors have recently bought and sold shares of FMC. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of FMC by 11.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 51,448 shares of the basic materials company’s stock worth $2,171,000 after purchasing an additional 5,091 shares in the last quarter. Focus Partners Wealth grew its holdings in shares of FMC by 137.7% in the first quarter. Focus Partners Wealth now owns 21,427 shares of the basic materials company’s stock valued at $904,000 after acquiring an additional 12,414 shares in the last quarter. GAMMA Investing LLC increased its position in shares of FMC by 16.7% during the 2nd quarter. GAMMA Investing LLC now owns 4,956 shares of the basic materials company’s stock valued at $207,000 after purchasing an additional 711 shares during the last quarter. Steel Grove Capital Advisors LLC boosted its stake in FMC by 28.4% in the second quarter. Steel Grove Capital Advisors LLC now owns 45,296 shares of the basic materials company’s stock valued at $1,891,000 after acquiring an additional 10,018 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV grew its holdings in FMC by 180.1% during the second quarter. Creative Financial Designs Inc. ADV now owns 815 shares of the basic materials company’s stock valued at $34,000 after purchasing an additional 524 shares during the period. 91.86% of the stock is currently owned by institutional investors and hedge funds.

FMC Company Profile

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.