FMC Corp. [NYSE: FMC] gained 4.00% or 2.2 points to close at $57.19 with a heavy trading volume of 3776960 shares.
The daily chart for FMC points out that the company has recorded 2.34% gains over the past six months.
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If we look at the average trading volume of 2.02M shares, FMC reached to a volume of 3776960 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about FMC Corp. [FMC]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FMC shares is $69.61 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FMC stock is a recommendation set at 2.25. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Wolfe Research have made an estimate for FMC Corp. shares, keeping their opinion on the stock as Peer Perform, with their previous recommendation back on March 01, 2024. While these analysts kept the previous recommendation, Loop Capital dropped their target price from $68 to $55. The new note on the price target was released on February 12, 2024, representing the official price target for FMC Corp. stock. Previously, the target price had yet another raise to $56, while Exane BNP Paribas analysts kept a Neutral rating on FMC stock. On January 16, 2024, analysts decreased their price target for FMC shares from 60 to 57.
The Average True Range (ATR) for FMC Corp. is set at 2.29, with the Price to Sales ratio for FMC stock in the period of the last 12 months amounting to 1.76. The Price to Book ratio for the last quarter was 1.66, with the Price to Cash per share for the same quarter was set at 3.35. Price to Free Cash Flow for FMC in the course of the last twelve months was 34.75 with Quick ratio for the last quarter at 1.02.
Trading performance analysis for FMC stock
FMC Corp. [FMC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.95. With this latest performance, FMC shares dropped by -15.31% in over the last four-week period, additionally plugging by 2.34% over the last 6 months – not to mention a drop of -45.86% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for FMC stock in for the last two-week period is set at 42.12, with the RSI for the last a single of trading hit 40.83, and the three-weeks RSI is set at 43.97 for FMC Corp. [FMC]. The present Moving Average for the last 50 days of trading for this stock 60.57, while it was recorded at 57.07 for the last single week of trading, and 61.06 for the last 200 days.
FMC Corp. [FMC]: A deeper dive into fundamental analysis
FMC Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.02 and a Current Ratio set at 1.46.
FMC Corp. [FMC]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for FMC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for FMC Corp. go to 4.49%.
An analysis of Institutional ownership at FMC Corp. [FMC]
The top three institutional holders of FMC stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in FMC stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in FMC stock with ownership which is approximately 5.8386%.
