Published: Sun, April 02, 2017
Health Care | By Kelly Miles

The Freeport-McMoRan Inc (FCX) Bonds Rise 3.8% During Trading

The Freeport-McMoRan Inc (FCX) Bonds Rise 3.8% During Trading

A lower P/B ratio could mean that the stock is undervalued. "Outperform View" rating was revealed by 2 and "Underperform Signal" rating was issued by 2.

While looking at the Stock's Performance, Freeport-McMoRan Inc. now shows a Weekly Performance of 3.74%, where Monthly Performance is -4.86%, Quarterly performance is -1.92%, 6 Months performance is 22% and yearly performance percentage is 28.72%. "Based on this investigation into the company's performance the analyst decides whether their stock is a "buy", sell" or hold.

Analysts polled by Thomson Reuters have set a consensus target price of ${{t8}} on shares. According to 19 analysts, Price Target for Freeport-McMoRan Inc. (NYSE:FCX) is $14.89 while their mean recommendation is 2.90 (1=Buy, 5=sell). Also, VP C Donald Whitmire, Jr. sold 2,525 shares of the firm's stock in a transaction dated Thursday, February 16th. JP Morgan Reinstates the company's stock to Neutral on 2/09/17 with no specific Price Target.

In his updated research note issued to clients yesterday, Mr. LaFemina stated that Freeport-McMoRan's upcoming agreement with the Indonesian government is likely to allow copper concentrate exports from Grasberg temporarily. (FCX) to Sell with no specific Price Target. FBR & Co upped their target price on Freeport-McMoRan from $12.00 to $13.00 and gave the company a "mkt perform" rating in a report on Friday, February 3rd. The number they've arrived at is calculated by, long known as a provider of top-notch investment research. The stock gained a consensus recommendation of 2.2 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell.

In the last Quarter, Freeport-McMoRan Inc. (NYSE:FCX) dialed in an EPS of $0.25, creating a Surprise Factor of -21.88% (the difference between analyst projections and actual numbers).

LIMA, March 30 Workers at Peru's biggest copper mine, Freeport-McMoRan Inc's Cerro Verde, will resume work on Friday after voting to end a almost three-week strike that had halved output, the union said on Thursday. Equities analysts predict that Freeport-McMoRan Inc will post $1.07 EPS for the current year. (NYSE:FMC) reported its EPS in the last quarter as $0.88/Share lagging the analyst estimate of $0.89/Share by the difference of $-0.01. Thus the company showed an Earnings Surprise of -26.5 Percent.

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Shares of Freeport-McMoRan Inc (NYSE:FCX) opened at 13.31 on Friday.

In the most recent session, (NYSE:) shares have traded {{p2}}.

The 52 week high of Freeport-McMoran Copper & Gold's shares is 17.06 whilst the 52 week low for the company's shares is 8.76. The share price of the stock surged 11.92% for the year. The company has a 50-day moving average of $13.40 and a 200-day moving average of $13.25. The Moving Average SMA50 is -6.85% while SMA200 is 4.43%. Freeport-McMoRan had a negative net margin of 28.09% and a positive return on equity of 3.52%. The Stock now has a Weekly Volatility of 3.72% and Monthly Volatility of 3.62%.

Looking about the past performance history, the company jumped 3.74% in past week and declined -4.86% in one month. The Relative Volume value measured for Freeport-McMoRan Inc.

If we look at the Volatility of the company, Week Volatility is 3.01%, whereas Month Volatility is at 3.46%. SHFE COPPER: Shanghai Futures Exchange copper edged up by 0.6 percent to 47750 yuan ($6,931) a tonne. FCX has P/E (Price to Earnings ttm) value of 0, Forward P/E of 9.79, P/C (Price to cash per share) of 4.54 and Price to Free Cash Flow (P/FCF) value of 17.76.

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