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Is this Large Market Cap Stock target price reasonable for Freeport-McMoRan Inc. (NYSE:FCX)?

The company in question is, Freeport-McMoRan Inc. (NYSE:FCX) currently with a stock price of 9.66 (0.21% today). The market cap for Freeport-McMoRan Inc. is 12804.43, and is in the sector Basic Materials, and Copper industry. The target price for Freeport-McMoRan Inc. is 11.38. Currently Freeport-McMoRan Inc. is trading with a P/E of *TBA, and a forward P/E of 9.92. Average volume for Freeport-McMoRan Inc. is 28859.07 and so far today it is 26004500.

Performance in the last year for Freeport-McMoRan Inc. has been -25.69%. For EPS growth, Freeport-McMoRan Inc. has seen a growth of -798.30%, and is looking to grow in the next year to 116.44%. More long term stats show that EPS growth has been -34.90% over the last five years and could be *TBA for the next five years. Freeport-McMoRan Inc. has seen sales growth quarter over quarter at -15.30%, with EPS growth quarter over quarter at 87.40%. The 20-day simple moving average is -11.38%, with the 200-day simple moving average coming to -2.37%.

Since the IPO date for Freeport-McMoRan Inc. on the 7/10/1995, Freeport-McMoRan Inc. has seen performance year to date to be 42.69%. With Freeport-McMoRan Inc. trading at 9.66, the dividend yield is *TBA, and the EPS is -10.61.

So could Freeport-McMoRan Inc., be undervalued? Well as said before P/E is *TBA. The PEG is *TBA, P/S is 0.89 and the P/B is at 3.07. The P/cash is 36.38, with P/free cash flow at 100.03.

Freeport-McMoRan Inc. ability to deal with debt shows that the current ratio is 2.4, and the quick ratio is 1.5. This is with long term debt/equity at 4.63, and total debt/equity at 4.83.

In terms of margins, Freeport-McMoRan Inc. has a gross margin of -3.40%, an operating margin of -82.80% and a profit margin of -87.70%.Payout ratio for Freeport-McMoRan Inc. is *TBA. Return on assets come to -27.80% with return on investment coming to -40.50%.

Insider ownership for Freeport-McMoRan Inc., is at 10.24% and institutional ownership comes to 69.10%. Outstanding shares are at 1325.51. While shares float is 1305.26. The float short is currently 8.80%, and short ratio is 3.98.

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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Mark Hines

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