Stock Updates

A look at a High Market Cap Stock: Freeport-McMoRan Inc., FCX

Freeport-McMoRan Inc., FCX is in the exchange NYSE and its industry is Copper in the sector of Basic Materials. Based in USA, Freeport-McMoRan Inc., FCX  has a market cap of 14283.98. Since its IPO date on the 7/10/1995, Freeport-McMoRan Inc., FCX performance year to date is 55.98%. Today Freeport-McMoRan Inc., FCX has gained -3.83%, with a current price of 10.56.

Ownership of the company is 0.40% for insider ownership while institutional ownership is 69.10%. The management of the company have seen the company have a payout ratio of *TBA. Return of assets are at -27.80%, with return on investment at -40.50%.

In terms of debt levels and profit levels, Freeport-McMoRan Inc., FCX is seeing a long-term debt/equity of 4.63. While Total debt/equity is 4.83. With a profit margin of -87.70%, this is combined with a gross margin of -3.40%, and operating margin of -82.80%. Freeport-McMoRan Inc. ability to meet debt levels, with a current ratio of 2.4, while the quick ratio is 1.5.

For the last year Freeport-McMoRan Inc., FCX has seen a EPS growth of -798.30%. A performance for the year of -0.37%. The 52-week high is -25.35%, and the 52-week low is 200.00%. The average volume for Freeport-McMoRan Inc., FCX is 28167300.

With a target price of 11.99, can Freeport-McMoRan Inc., FCX reach this target? Looking at the value indicators of Freeport-McMoRan Inc., FCX. Freeport-McMoRan Inc. has a P/E of *TBA and a forward P/E of 9.78. Perhaps the more useful indicator than P/E, is PEG which has a value of *TBA. Freeport-McMoRan Inc. also has a P/S and a P/B of 1 and 3.35 respectively. For P/cash, Freeport-McMoRan Inc. has a value of 40.58, while it is 111.59 for P/free cash flow.

At the current price of 10.56, Freeport-McMoRan Inc. has a dividend yield of *TBA. We see a return on equity of -190.00%.

Looking more long-term Freeport-McMoRan Inc., is projected to get an EPS growth for the next five years of *TBA. In the short-term an EPS growth of 127.37% in the next year is forecasted. This is after a EPS growth of -798.30% for this year and for the last five years a -34.90% growth has been seen.

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.

About the author

Peter Clarke

Leave a Comment