Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
FMC ( (FMC) ) has issued an update.
FMC Company is facing a significant decrease in its stock price, prompting it to test its goodwill and other intangible assets for impairment as per generally accepted accounting principles. This could lead to a substantial non-cash impairment charge, although it is not expected to affect the company’s cash flows from current or future operations.
The most recent analyst rating on (FMC) stock is a Sell with a $13.00 price target. To see the full list of analyst forecasts on FMC stock, see the FMC Stock Forecast page.
Spark’s Take on FMC Stock
According to Spark, TipRanks’ AI Analyst, FMC is a Neutral.
FMC’s overall stock score reflects significant financial and operational challenges. The most impactful factors include declining revenues, profitability issues, and cash flow constraints. Technical analysis indicates bearish momentum, and while the high dividend yield is attractive, the recent cut raises sustainability concerns. The earnings call provided mixed signals, with strategic adjustments needed to address ongoing challenges.
To see Spark’s full report on FMC stock, click here.
More about FMC
Average Trading Volume: 4,745,277
Technical Sentiment Signal: Sell
Current Market Cap: $1.7B
Learn more about FMC stock on TipRanks’ Stock Analysis page.