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Is Freeport-McMoRan Inc.(NYSE: FCX), a large market cap stock a smart buy?

With a market cap of has a large market cap size. Freeport-McMoRan Inc. (NYSE: FCX) has been on the stock market since its IPO date on the 7/10/1995. Freeport-McMoRan Inc. is in the Copper industry and Basic Materials sector. Average volume for Freeport-McMoRan Inc., is 43183.85, and so far today it has a volume of 921109. Performance year to date since the 7/10/1995 is 90.55%.

To help you determine whether Freeport-McMoRan Inc. is undervalued the following values will help you decide. P/E is *TBA and forward P/E is 12.5. PEG perhaps more useful shows that Freeport-McMoRan Inc. has a value for PEG of *TBA. P/S ratio is 1.06 and the P/B ratio is 4.37. The P/Cash and P/Free cash flow is 48.75 and *TBA respectively.

At the current price Freeport-McMoRan Inc. is trading at, 12.75 (-1.16% today), Freeport-McMoRan Inc. has a dividend yield of *TBA, and this is covered by a payout ratio of *TBA. Earnings per share (EPS) is -12.17, and this is looking to grow in the next year to 96.20% after growing -798.30% this past year. EPS growth quarter over quarter is -40.60%, and -15.10% for sales growth quarter over quarter.

The number of shares outstanding is 1251, and the number of shares float is 1230.46. The senior management bring insider ownership to 0.60%, and institutional ownership is at 69.80%. The float short is 10.57%, with the short ratio at a value of 3.01. Management has seen a return on assets of -28.80%, and also a return on investment of -40.50%.

The ability for Freeport-McMoRan Inc., to deal with debt, means it current ratio is 1.6, and quick ratio is 0.6. Long term debt/equity is 5.32 and total debt/equity is 5.63. In terms of margins, Freeport-McMoRan Inc. has a gross margin of 1.80%, with its operating margin at -93.70%, and Freeport-McMoRan Inc. has a profit margin of -91.40%.

The 52 week high is -25.63%, with 262.22% being its 52 week low. The 20 day simple moving average is 14.20% and the 200 day simple moving average is 36.87%.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.


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Peter Clarke

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