FMC Stock Summary and Trading Ideas (FMC | NYSE:FMC)

FMC is a pure-play global crop protection company with a fairly balanced product portfolio across geographies and crop exposure. Through acquisitions, FMC is now one of the five largest patented crop protection companies and focuses on the development of new products, including biologicals, through its research and development pipeline.

FMC trades on the NYSE stock market under the symbol FMC.

As of April 18, 2024, FMC stock price climbed to $56.94 with 1,378,462 million shares trading.

FMC has a beta of 0.76, meaning it tends to be less sensitive to market movements. FMC has a correlation of 0.05 to the broad based SPY ETF.

FMC has a market cap of $7.11 billion. This is considered a Mid Cap stock.

Last quarter FMC reported $1 billion in Revenue and $1.07 earnings per share. This fell short of revenue expectation by $-100 million and missed earnings estimates by -$.01.

In the last 3 years, FMC stock traded as high as $140.99 and as low as $49.49.

The top ETF exchange traded funds that FMC belongs to (by Net Assets): VTI, VB, VOO, DVY, VBR.

FMC has underperformed the market in the last year with a price return of -52.5% while the SPY ETF gained +22.2%. FMC has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +4.5% and -3.8%, respectively, while the SPY returned +5.2% and -2.6%, respectively.

FMC support price is $54.65 and resistance is $57.47 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FMC stock will trade within this expected range on the day.