FMC (NYSE:FMC) Cut to “Sell” at Wall Street Zen

FMC (NYSE:FMC) was downgraded by research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a note issued to investors on Sunday.

Other equities analysts also recently issued reports about the stock. The Goldman Sachs Group increased their target price on shares of FMC from $17.00 to $21.00 and gave the stock a “buy” rating in a research report on Tuesday, April 14th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of FMC in a research report on Friday, May 29th. JPMorgan Chase & Co. upped their price target on FMC from $15.00 to $16.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Citigroup cut their price objective on FMC from $17.00 to $14.00 and set a “neutral” rating on the stock in a research note on Monday, June 22nd. Finally, Royal Bank Of Canada reduced their target price on FMC from $17.00 to $14.00 and set a “sector perform” rating for the company in a report on Thursday, June 11th. Two analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus target price of $19.50.

FMC Stock Performance

FMC stock opened at $11.36 on Friday. The firm has a 50 day moving average of $12.72 and a two-hundred day moving average of $14.28. FMC has a 12 month low of $10.72 and a 12 month high of $44.68. The company has a market capitalization of $1.42 billion, a price-to-earnings ratio of -0.57, a P/E/G ratio of 0.92 and a beta of 0.38. The company has a quick ratio of 0.96, a current ratio of 1.29 and a debt-to-equity ratio of 1.50.

FMC (NYSE:FMC) last released its quarterly earnings results on Wednesday, April 29th. The basic materials company reported ($0.23) earnings per share for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $745.42 million. During the same quarter last year, the firm earned $0.18 EPS. FMC’s revenue for the quarter 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. As a group, equities analysts anticipate that FMC will post 1.65 EPS for the current fiscal year.

Institutional Investors Weigh In On FMC

Several hedge funds and other institutional investors have recently made changes to their positions in FMC. Root Financial Partners LLC increased its stake in shares of FMC by 3,642.9% in the first quarter. Root Financial Partners LLC now owns 1,834 shares of the basic materials company’s stock worth $32,000 after purchasing an additional 1,785 shares during the period. Essential Partners LLC acquired a new position in shares of FMC during the 1st quarter worth about $43,000. Parallel Advisors LLC boosted its stake in FMC by 297.2% during the 1st quarter. Parallel Advisors LLC now owns 6,264 shares of the basic materials company’s stock valued at $108,000 after purchasing an additional 4,687 shares during the period. EverSource Wealth Advisors LLC boosted its stake 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 valued at $156,000 after purchasing an additional 8,804 shares during the period. Finally, Armistice Capital LLC acquired a new stake in FMC in the 3rd quarter valued at approximately $204,000. 91.86% of the stock is owned by institutional investors and hedge funds.

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.