FMC Corp | FMC | Long at $58.00

Aug 1

FMC Corp is currently trading at a P/E ratio 6x and has a 3.98% dividend. It had a very rough year in 2023, but the company estimates improved earnings and growth after 2024. From a technical analysis perspective, it appears to be in an accumulation phase after seeing a low around $50 and wavering between that value and $68 for 11 months. Unless fundamentals change post earnings, it is currently in a personal buy zone at $58.00.

Target #1 - $81.00
Target #2 - $85.00
Target #3 - $90.00
Target #4 - $122.00 (very long-term...)