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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 29916.12, and so far today it has a volume of 18018100. Performance year to date since the 7/10/1995 is 52.14%.

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 10.43. PEG perhaps more useful shows that Freeport-McMoRan Inc. has a value for PEG of *TBA. P/S ratio is 0.94 and the P/B ratio is 3.27. The P/Cash and P/Free cash flow is 38.26 and 105.21 respectively.

At the current price Freeport-McMoRan Inc. is trading at, 10.3 (-3.47% 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 -10.61, and this is looking to grow in the next year to 110.21% after growing -798.30% this past year. EPS growth quarter over quarter is 87.40%, and -15.30% for sales growth quarter over quarter.

The number of shares outstanding is 1307.47, and the number of shares float is 1306.68. The senior management bring insider ownership to 0.40%, and institutional ownership is at 69.30%. The float short is 7.86%, with the short ratio at a value of 3.43. Management has seen a return on assets of -27.80%, and also a return on investment of -40.50%.

The ability for Freeport-McMoRan Inc., to deal with debt, means it current ratio is 2.4, and quick ratio is 1.5. Long term debt/equity is 4.63 and total debt/equity is 4.83. In terms of margins, Freeport-McMoRan Inc. has a gross margin of -3.40%, with its operating margin at -82.80%, and Freeport-McMoRan Inc. has a profit margin of -87.70%.

The 52 week high is -27.18%, with 192.61% being its 52 week low. The 20 day simple moving average is -8.21% and the 200 day simple moving average is 5.09%.

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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