FMC (NYSE:FMC) Price Target Lowered to $11.00 at Barclays

FMC (NYSE:FMC) had its price target dropped by equities researchers at Barclays from $13.00 to $11.00 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage presently has an “underweight” rating on the basic materials company’s stock. Barclays‘s target price would suggest a potential downside of 2.96% from the company’s current price.

Several other analysts also recently commented on the company. Citigroup reduced their price objective on FMC from $17.00 to $14.00 and set a “neutral” rating for the company in a research note on Monday, June 22nd. Wall Street Zen cut shares of FMC from a “hold” rating to a “sell” rating in a research note on Sunday, July 5th. JPMorgan Chase & Co. upped their price target on shares of FMC from $15.00 to $16.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Zacks Research downgraded shares of FMC from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 1st. Finally, BMO Capital Markets set a $14.00 target price on shares of FMC in a report on Friday, July 3rd. Two analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of $15.38.

FMC Price Performance

Shares of NYSE:FMC opened at $11.34 on Monday. FMC has a 12 month low of $10.56 and a 12 month high of $43.34. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.29 and a quick ratio of 0.96. The firm has a market capitalization of $1.42 billion, a P/E ratio of -0.57 and a beta of 0.38. The company’s fifty day moving average price is $11.81 and its 200 day moving average price is $14.04.

FMC (NYSE:FMC) last announced its earnings results on Wednesday, April 29th. The basic materials company reported ($0.23) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.39) by $0.16. FMC had a positive return on equity of 10.53% and a negative net margin of 72.93%.The firm had revenue of $762.40 million during the quarter, compared to analysts’ expectations of $745.42 million. During the same period in the prior year, the firm earned $0.18 EPS. The business’s revenue 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, sell-side analysts predict that FMC will post 1.63 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in FMC. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of FMC by 11.0% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 51,448 shares of the basic materials company’s stock valued at $2,171,000 after purchasing an additional 5,091 shares during the period. Focus Partners Wealth boosted 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 worth $904,000 after buying an additional 12,414 shares during the period. State of Tennessee Department of Treasury boosted its position in shares of FMC by 45.1% in the second quarter. State of Tennessee Department of Treasury now owns 57,504 shares of the basic materials company’s stock worth $2,401,000 after buying an additional 17,878 shares during the period. Entropy Technologies LP purchased a new stake in FMC in the 3rd quarter worth approximately $267,000. Finally, Armistice Capital LLC acquired a new position in FMC in the 3rd quarter worth about $204,000. 91.86% of the stock is currently owned by institutional investors.

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.