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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 12.98 (2.33% today). The market cap for Freeport-McMoRan Inc. is 16126.3, and is in the sector Basic Materials, and Copper industry. The target price for Freeport-McMoRan Inc. is 11.62. Currently Freeport-McMoRan Inc. is trading with a P/E of *TBA, and a forward P/E of 11.54. Average volume for Freeport-McMoRan Inc. is 41028 and so far today it is 38051146.

Performance in the last year for Freeport-McMoRan Inc. has been 11.95%. For EPS growth, Freeport-McMoRan Inc. has seen a growth of -798.30%, and is looking to grow in the next year to 95.90%. 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 -15.10%, with EPS growth quarter over quarter at -40.60%. The 20-day simple moving average is 13.64%, with the 200-day simple moving average coming to 37.77%.

Since the IPO date for Freeport-McMoRan Inc. on the 7/10/1995, Freeport-McMoRan Inc. has seen performance year to date to be 87.30%. With Freeport-McMoRan Inc. trading at 12.98, the dividend yield is *TBA, and the EPS is -12.17.

So could Freeport-McMoRan Inc., be undervalued? Well as said before P/E is *TBA. The PEG is *TBA, P/S is 1.06 and the P/B is at 4.3. The P/cash is 48.72, with P/free cash flow at *TBA.

Freeport-McMoRan Inc. ability to deal with debt shows that the current ratio is 1.6, and the quick ratio is 0.6. This is with long term debt/equity at 5.32, and total debt/equity at 5.63.

In terms of margins, Freeport-McMoRan Inc. has a gross margin of 1.80%, an operating margin of -93.70% and a profit margin of -91.40%.Payout ratio for Freeport-McMoRan Inc. is *TBA. Return on assets come to -28.80% with return on investment coming to -40.50%.

Insider ownership for Freeport-McMoRan Inc., is at 0.60% and institutional ownership comes to 69.80%. Outstanding shares are at 1271.79. While shares float is 1230.45. The float short is currently 8.97%, and short ratio is 2.69.

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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