Best
Please note this is only an opinion and not financial advice. Direct stock investing is subject to business and market risks. Therefore, it’s highly recommended to do proper risk management and your own due diligence before investing.
Growth Stock Analysis As of 23 Saturday 2023
NYSE: FMC (FMC Corporation)
- FMC is an agricultural sciences company that advances farming through innovative and sustainable crop protection technologies.
- From the chemical industry’s leading discovery pipeline to unique application systems, to modern biological products, we are passionate about bringing new solutions to growers around the world.
- FMC has a strong executive management team that charted an aggressive, five-year growth plan in late 2018.
- The strength of FMC’s technology portfolio and geographical diversity helps the company manage hard challenges.
- FMC operates in more than 50 countries around the world.
- FMC is a pure-play crop chemical company. It has diversified its sales to create a balanced crop chemical portfolio across geographies and crop exposure.
- FMC is now one of the five largest patented crop chemical companies and will continue to develop new products, with a focus on biologicals, through its research and development pipeline with all acquired companies.
FMC Workforce:
- Top Shareholdings of FMC Corporation (FMC):
| Holder | Shares | Date Reported | % Out | Value |
|---|---|---|---|---|
| Vanguard Group Inc | 14,403,780 | Jun 29, 2023 | 11.55% | 992,708,491 |
| Blackrock Inc. | 11,214,895 | Jun 29, 2023 | 8.99% | 772,930,542 |
| Wellington Management Group, LLP | 9,247,135 | Jun 29, 2023 | 7.41% | 637,312,527 |
| State Street Corporation | 5,753,525 | Jun 29, 2023 | 4.61% | 396,532,932 |
| Ameriprise Financial, Inc. | 5,259,684 | Jun 29, 2023 | 4.22% | 362,497,411 |
| Boston Partners | 2,958,032 | Jun 29, 2023 | 2.37% | 203,867,560 |
| King Luther Capital Management | 2,740,299 | Jun 29, 2023 | 2.20% | 188,861,402 |
| Geode Capital Management, LLC | 2,654,077 | Jun 29, 2023 | 2.13% | 182,918,981 |
| Morgan Stanley | 2,182,192 | Jun 29, 2023 | 1.75% | 150,396,668 |
| Northern Trust Corporation | 2,171,553 | Jun 29, 2023 | 1.74% | 149,663,428 |
What we think are PROs of FMC Corporation (FMC):
- FMC operates in various segments, including agriculture, health, and lithium, providing diversification and exposure to different markets and industries.
- FMC invests in research and development to develop new products and solutions, staying competitive and meeting evolving customer needs.
- It acquires all the small companies to lower its competitiveness in the agricultural product markets.
- Historically, FMC has demonstrated strong financial performance, including profitability and consistent revenue streams.
- FMC’s agricultural products address the global need for crop protection and yield enhancement, contributing to food security.
What we think the RISKs are in FMC Corporation (FMC):
- The chemical industry is subject to economic cycles, supply-demand imbalances, and changing market conditions.
- FMC uses raw materials like agricultural products and minerals, and fluctuations in commodity prices can affect its production costs and profitability.
- The chemical industry is heavily regulated for safety, environmental, and health reasons.
- FMC’s products can have various applications, and if they cause harm or fail to meet safety standards, it can lead to legal claims and financial losses.
- People are going to increase the consumption of organic products which may affect its sales.
FUNDAMENTALS:
Dividend (Yield) = 2.32 (3.32%)
Market Cap. = 8.57B
Beta = 0.82
P/E Ratio = 13.91
52 wk Range = 68.61 – 134.38
Revenue = 5.36B
EPS = 4.94
- Technicals:
– This chart is of Monthly candle.
– On the Monthly chart Price is taking support at its 200 Exponential moving average (EMA).
– There is a strong support zone at the current levels. - – The current support zone also acted as a resistance zone earlier.
– RSI (Monthly) is at the lowest zone around 30, it may bounce soon. - – On Fibonacci levels, it is trading in the golden zone and soon buyers will start accumulating from current levels.
Entry: 69
Target: 60
Stoploss: 100 / 132 /150
Our Final Thought: FMC corporation is very good in terms of business and its book. FMC is paying regular dividends to its investors and the current price is very attractive to invest for longterm because it is trading at the 52-week low which was the price of 2019. If any investor invests in this stock at the current market price then they will get benefits of high dividend yield at the price of the stock starts increasing. Such type of opportunities will be available once in 3 to 4 years of trading. This company has also the good revenue and profits across the years and company is operating very well in the markets while leading the chemical and agro products sectors.
Please note this is only an opinion and not financial advice. Direct stock investing is subject to business and market risks. Therefore, it’s highly recommended to do proper risk management and your own due diligence before investing.
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