Royal Bank Of Canada Lowers FMC (NYSE:FMC) Price Target to $12.00

FMC (NYSE:FMC) had its price target decreased by equities researchers at Royal Bank Of Canada from $14.00 to $12.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage presently has a “sector perform” rating on the basic materials company’s stock. Royal Bank Of Canada’s target price indicates a potential upside of 1.74% from the stock’s current price.

Other equities research analysts also recently issued research reports about the company. Citigroup lowered their price objective on FMC from $17.00 to $14.00 and set a “neutral” rating on the stock in a research report on Monday, June 22nd. JPMorgan Chase & Co. boosted their target price on FMC from $15.00 to $16.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Zacks Research lowered FMC from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 1st. Mizuho set a $16.00 price target on FMC in a report on Tuesday, July 14th. Finally, Wall Street Zen downgraded FMC from a “hold” rating to a “sell” rating in a research report on Sunday, July 5th. Two research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Reduce” and an average price target of $15.54.

FMC Stock Performance

FMC stock opened at $11.79 on Tuesday. The firm’s 50 day simple moving average is $11.91 and its 200 day simple moving average is $14.08. The company has a current ratio of 1.29, a quick ratio of 0.96 and a debt-to-equity ratio of 1.50. The firm has a market capitalization of $1.47 billion, a PE ratio of -0.59 and a beta of 0.38. FMC has a 1-year low of $10.56 and a 1-year high of $43.97.

FMC (NYSE:FMC) last posted its earnings results on Wednesday, April 29th. The basic materials company reported ($0.23) earnings per share (EPS) for the quarter, topping the consensus estimate 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 analysts’ expectations of $745.42 million. During the same period in the prior year, the company posted $0.18 EPS. The business’s revenue for the quarter was down 4.1% compared to the same quarter last year. 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, analysts expect that FMC will post 1.63 earnings per share for the current fiscal year.

Hedge Funds Weigh In On FMC

A number of large investors have recently added to or reduced their stakes in FMC. Root Financial Partners LLC lifted its stake in 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 last quarter. Essential Partners LLC bought a new position in shares of FMC during the first quarter valued at about $43,000. Armistice Capital LLC bought a new position in shares of FMC during the third quarter valued at about $204,000. Parallel Advisors LLC increased its holdings in shares of FMC by 297.2% in the first quarter. Parallel Advisors LLC now owns 6,264 shares of the basic materials company’s stock worth $108,000 after buying an additional 4,687 shares during the period. Finally, Entropy Technologies LP purchased a new position in shares of FMC in the third quarter worth about $267,000. Hedge funds and other institutional investors own 91.86% of the company’s stock.

Key Headlines Impacting FMC

Here are the key news stories impacting FMC this week:

• Positive Sentiment: Unusual options activity showed traders buying 3,675 FMC call options, about 57% above average volume, which can signal speculation on a near-term upside move.
• Neutral Sentiment: Analysts are watching FMC’s upcoming earnings report closely, with expectations for a year-over-year decline in earnings; the report will be the main catalyst for the stock next.
• Negative Sentiment: Brokerages gave FMC a consensus recommendation of “Reduce,” reflecting cautious sentiment toward the stock.
• Negative Sentiment: Royal Bank of Canada cut its price target on FMC from $14 to $12, keeping a “sector perform” rating, which points to limited upside and continued pressure on valuation.
• Negative Sentiment: Broader market commentary highlighted weakness in global equities and inflation concerns, adding to the risk-off tone surrounding cyclical and materials names like FMC. Ahead of Market: 10 things that will decide stock market action on Thursday

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.