Analysts predict FMC Corp (FMC) stock to reach $92.56 in the next 12 months

Currently, FMC Corp [FMC] is trading at $63.45, up 0.48%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The FMC shares have gain 3.10% over the last week, with a monthly amount drifted -0.83%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

FMC Corp [NYSE: FMC] stock has seen the most recent analyst activity on October 23, 2024, when Citigroup initiated its Neutral rating and assigned the stock a price target of $67. Previously, Barclays started tracking the stock with Equal Weight rating on June 26, 2024, and set its price target to $62. On March 01, 2024, Wolfe Research initiated with a Peer Perform rating. Loop Capital downgraded its rating to a Hold and decreased its price target to $55 on February 12, 2024. Exane BNP Paribas downgraded its rating to a Neutral but $56 remained the price target by the analyst firm on February 07, 2024. BofA Securities downgraded its rating to Underperform for this stock on January 16, 2024, and downed its price target to $57. In a note dated January 04, 2024, ROTH MKM initiated an Buy rating and provided a target price of $74 on this stock.

This stock has fluctuated between a low of $49.49 and a high of $68.72 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $92.56 within the next 12 months. FMC Corp [NYSE: FMC] shares were valued at $63.45 at the most recent close of the market. An investor can expect a potential return of 45.88% based on the average FMC price forecast.

Analyzing the FMC fundamentals

Trailing Twelve Months sales for FMC Corp [NYSE:FMC] were 4.17B which represents 8.50% growth. Gross Profit Margin for this corporation currently stands at 0.38% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.35%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is 0.33 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.88.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 62.81 points at the first support level, and at 62.17 for the second support level. However, for the 1st resistance point, the stock is sitting at 64.41, and for the 2nd resistance point, it is at 65.36.

Ratios To Look Out For

To put it in perspective, the Current Ratio for FMC Corp [NYSE:FMC] is 1.48. Also, the Quick Ratio is 1.09, while the Cash Ratio stands at 0.12. Considering the valuation of this stock, the price to sales ratio is 1.85, the price to book ratio is 1.72 and price to earnings (TTM) ratio is 5.47.

Transactions by insiders

Recent insider trading involved Angeli Brian Paul, Ex. VP & Chief Marketing Off., that happened on Jul 17 ’24 when 400.0 shares were sold. EVP and CFO, Sandifer Andrew D completed a deal on Mar 04 ’24 to buy 2150.0 shares. Meanwhile, Director Pallash Robert C bought 3845.0 shares on Nov 27 ’23.

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