Freeport-McMoRan Inc. (NYSE: FCX) started the day on April 06, 2021, with a price decrease of -0.99% at $35.01. During the day, the stock rose to $36.22 and sunk to $34.7644 before settling in for the price of $35.36 at the close. Taking a more long-term approach, FCX posted a 52-week range of $6.73-$39.10.
The Basic Materials Sector giants’ yearly sales growth during the last 5-year period was -0.60%. Meanwhile, its Annual Earning per share during the time was 15.30%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 344.60%. 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 $49.81 billion. At the time of writing, stock’s 50-day Moving Average stood at $33.14, while the 200-day Moving Average is $22.12.
Let’s gauge the efficiency of the firm, which has a total of 24500 employees. It has generated 566,204 per worker during the last fiscal year. Meanwhile, its income per employee was 24,327. The stock had 10.76 Receivables turnover and 0.33 Total Asset turnover. For the Profitability, stocks gross margin was +17.34, operating margin was +13.65 and Pretax Margin of +12.95.
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 76.40% institutional ownership. According to the most recent insider trade that took place on Mar 08, this organization’s Director sold 55,554 shares at the rate of 35.04, making the entire transaction reach 1,946,379 in total value, affecting insider ownership by 21,622. Preceding that transaction, on Mar 04, Company’s Director sold 300,000 for 33.24, making the whole transaction’s value amount to 9,970,770. This particular insider is now the holder of 77,176 in total.
Freeport-McMoRan Inc. (FCX) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 12/30/2020, the organization reported $0.39 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at $0.38) by $0.01. This company achieved a net margin of +4.30 while generating a return on equity of 6.12. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.61 per share during the current fiscal year.
Freeport-McMoRan Inc.’s EPS increase for this current 12-month fiscal period is 344.60% and is forecasted to reach 2.91 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 40.08% through the next 5 years, which can be compared against the 15.30% growth it accomplished over the previous five years trading on the market.
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 1.60. The Stock has managed to achieve an average true range (ATR) of 1.79. Alongside those numbers, its PE Ratio stands at $87.96, and its Beta score is 2.12. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.51. Similarly, its price to free cash flow for trailing twelve months is now 17.03.
In the same vein, FCX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.40, a figure that is expected to reach 0.49 in the next quarter, and analysts are predicting that it will be 2.91 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 18.26 million that shows plunge from its year to date volume of 24.87 million. During the previous 9 days, stock’s Stochastic %D was recorded 82.01% While, its Average True Range was 1.70.
Raw Stochastic average of Freeport-McMoRan Inc. (FCX) in the period of the previous 100 days is set at 79.42%, which indicates a major rise in contrast to 72.32% 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 54.31% that was lower than 55.98% volatility it exhibited in the past 100-days period.