Do You Have Freeport-McMoRan Inc. (NYSE:FCX) In Your Portfolio?


Freeport-McMoRan Inc. (NYSE:FCX) closed its last session at $19.12. The stock traded within a range of $17.33 and $19.18. The company operates in the Basic Materials sector with a market capitalization of 27.69 Million. Trading volume for Freeport-McMoRan Inc. was 34.48 Million in its previous trading session. Currently, Freeport-McMoRan Inc. (NYSE:FCX) has an average volume of 20.35 Million.

Company Profile

Freeport-McMoRan Inc. is a leading international mining company with headquarters in Phoenix, Arizona. FCX operates large, long-lived, geographically diverse assets with significant proven and probable reserves of copper, gold and molybdenum. FCX is the world’s largest publicly traded copper producer. FCX’s portfolio of assets includes the Grasberg minerals district in Indonesia, one of the world’s largest copper and gold deposits, and significant mining operations in North and South America, including the large-scale Morenci minerals district in Arizona and the Cerro Verde operation in Peru. FCX has a strong commitment to safety performance, environmental management and the local communities where it operates. FCX is a founding member of the International Council on Mining and Metals (ICMM) and is committed to implementation of the ICMM Sustainable Development Framework.

Analyst Views

Freeport-McMoRan Inc. (NYSE:FCX) received a Buy rating from 1 analysts. 0 analysts gave its stock an Outperform rating. 3 analysts say it’s a Hold while 1 analysts provided their expert opinion as Sell.

Freeport-McMoRan Inc. (NYSE:FCX) touched its 1-Year High price of $20.25 on 01/25/18 and its 1-Year Low price of $11.05 on 06/02/17.

EPS & Financials

Freeport-McMoRan Inc. (NYSE:FCX) reported its EPS in the last quarter as $0.51/Share beating the analyst estimate of $0.49/Share by a difference of $0.02. This showed a surprise of 4.1% in the last quarter earnings.

For the current quarter, 16 analysts are projecting a mean EPS of $0.55/share. According to their observations and findings, the stock could provide a high EPS of $0.72/share and a low EPS of $0.37/share.

Analysts believe that the company has the potential to earn average revenue of $4.98 Billion for the current quarter. According to their predictions high & low revenue estimates are 5.49 Billion and 4.7 Billion respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with HIGH volatility. Freeport-McMoRan Inc. (NYSE:FCX) has a 20-Day average volume of 25.07 Million. According to today’s trading volume Freeport-McMoRan Inc. is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BEARISH territory while an analysis of the last 40-Day trend shows a BULLISH signal. The 100-Day trend also shows a BULLISH trend as well.

The company currently has an insider ownership of 0.1 Percent and Institutional ownership of 72.8 Percent. The return on assets stands at 2.7%, Return on Equity currently is 15.6% and the Return on Investment value is -14.2%.

Freeport-McMoRan Inc. (NYSE:FCX) gross margin percentage stands at 26.7% while its operating margin for the past trailing twelve month is 15.3 percent and its overall profit margin (ttm) is 6.2 Percent. The stock is currently moving above its 20-Day Simple Moving Average of 1.26% with a 50-Day Simple Moving Average of 5.65 percent. As of today, the company has a SMA200 (200-day simple moving average) of 30.65 Percent. The Stock has YTD (year to date) performance of 0.84 percent.

The TTM operating margin for the company stands at 15.3%. The return on invested capital is at -14.2%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 7.28.

The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 30.65%, and has a solid year to date (YTD) performance of 0.84% which means that the stock is constantly adding to its value from the previous fiscal year end price.