10-May-2024
RBC Capital Sticks to Its Buy Rating for FMC (FMC)
TipRanks (Fri, 10-May 6:41 AM ET)
FMC signs research agreement with AgroSpheres
Seeking Alpha News (Thu, 9-May 4:41 PM ET)
FMC Corporation announces multi-year collaboration with AgroSpheres
PRNewswire (Thu, 9-May 4:30 PM ET)
PRNewswire (Wed, 8-May 4:30 PM ET)
TipRanks (Wed, 8-May 11:30 AM ET)
Analysts’ Opinions Are Mixed on These Materials Stocks: FMC (FMC) and LANXESS (OtherLNXSF)
TipRanks (Wed, 8-May 8:10 AM ET)
FMC: Hold Rating with Moderate Target Price Increase Amid 2024 Prospects and Inventory Concerns
TipRanks (Wed, 8-May 7:22 AM ET)
TipRanks (Wed, 8-May 3:10 AM ET)
FMC Corp: A Balanced Hold Amidst Recovery Signs and Persistent Challenges
TipRanks (Tue, 7-May 8:25 PM ET)
Amyris Announces Kathy Fortmann as New CEO
PRNewswire (Tue, 7-May 4:58 PM ET)
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 May 10, 2024, FMC stock price climbed to $67.53 with 1,228,092 million shares trading.
FMC has a beta of 0.72, meaning it tends to be less sensitive to market movements. FMC has a correlation of 0.04 to the broad based SPY ETF.
FMC has a market cap of $8.43 billion. This is considered a Mid Cap stock.
Last quarter FMC reported $918 million in Revenue and $.36 earnings per share. This fell short of revenue expectation by $-92 million and exceeded earnings estimates by $.02.
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 stock has underperformed the market in the last year with a return of -36.8%, while SPY returned +27.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in FMC shares. However, FMC has outperformed the market in the last 3 month and 2 week periods, returning +31.6% and +15.5%, while SPY returned +4.2% and +2.5%, respectively. This indicates FMC has been having a stronger performance recently.
FMC support price is $65.31 and resistance is $68.73 (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.