Freeport-McMoRan Inc. (NYSE: FCX) started the day on September 15, 2020, with a price increase of 0.31% at $16.41. During the day, the stock rose to $16.69 and sunk to $16.39 before settling in for the price of $16.36 at the close. Taking a more long-term approach, FCX posted a 52-week range of $4.82-$16.51.
The company of the Basic Materials sector’s yearbook sales growth during the past 5- year span was recorded -6.40%. Meanwhile, its Annual Earning per share during the time was 34.30%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -109.80%. This publicly-traded company’s shares outstanding now amounts to $1.45 billion, simultaneously with a float of $1.44 billion. The organization now has a market capitalization sitting at $23.10 billion. At the time of writing, stock’s 50-day Moving Average stood at $14.26, while the 200-day Moving Average is $11.24.
It is imperative to bring your focus towards the efficiency factor of the conglomerate that has a total of 27500 employees. It has generated 522,036 per worker during the last fiscal year. Meanwhile, its income per employee was -8,909. The stock had 11.54 Receivables turnover and 0.35 Total Asset turnover. For the Profitability, stocks gross margin was +8.28, operating margin was +4.66 and Pretax Margin of +2.13.
Freeport-McMoRan Inc. (FCX) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Copper Industry. Freeport-McMoRan Inc.’s current insider ownership accounts for 0.30%, in contrast to 71.70% institutional ownership. According to the most recent insider trade that took place on Mar 05, this organization’s EVP and CFO bought 85,000 shares at the rate of 10.03, making the entire transaction reach 852,601 in total value, affecting insider ownership by 1,144,324. Preceding that transaction, on Mar 05, Company’s Vice Chairman, President & CEO bought 250,000 for 10.02, making the whole transaction’s value amount to 2,505,725. This particular insider is now the holder of 2,739,023 in total.
Freeport-McMoRan Inc. (FCX) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 6/29/2020, the organization reported $0.03 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at -$0.02) by $0.05. This company achieved a net margin of -1.71 while generating a return on equity of -2.57. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.23 per share during the current fiscal year.
Freeport-McMoRan Inc.’s EPS decrease for this current 12-month fiscal period is -109.80% and is forecasted to reach 1.30 in the upcoming year.
Freeport-McMoRan Inc. (NYSE: FCX) Trading Performance Indicators
Let’s observe the current performance indicators for Freeport-McMoRan Inc. (FCX). It’s Quick Ratio in the last reported quarter now stands at 1.20. The Stock has managed to achieve an average true range (ATR) of 0.57. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.79. Similarly, its price to free cash flow for trailing twelve months is now 38.18.
In the same vein, FCX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.44, a figure that is expected to reach 0.13 in the next quarter, and analysts are predicting that it will be 1.30 at the market close of one year from today.
Technical Analysis of Freeport-McMoRan Inc. (FCX)
If we take a close look at the recent performances of Freeport-McMoRan Inc. (NYSE: FCX), its last 5-days Average volume was 19.69 million that shows plunge from its year to date volume of 25.06 million. During the previous 9 days, stock’s Stochastic %D was recorded 85.92% While, its Average True Range was 0.57.
Raw Stochastic average of Freeport-McMoRan Inc. (FCX) in the period of the previous 100 days is set at 96.85%, which indicates a major rise in contrast to 87.93% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 40.92% that was lower than 52.21% volatility it exhibited in the past 100-days period.