On Friday, Freeport-McMoRan Inc (NYSE: FCX) opened lower -1.91% from the last session, before settling in for the closing price of $39.74. Price fluctuations for FCX have ranged from $36.09 to $55.07 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Basic Materials sector saw sales topped by 14.87%. Company’s average yearly earnings per share was noted -3.94% at the time writing. With a float of $1.43 billion, this company’s outstanding shares have now reached $1.44 billion.
The extent of productivity of a business whose workforce counts for 27200 workers is very important to gauge. In terms of profitability, gross margin is 30.83%, operating margin of 28.08%, and the pretax margin is 29.09%.
Freeport-McMoRan Inc (FCX) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Copper industry is another important factor to consider. The insider ownership of Freeport-McMoRan Inc is 0.58%, while institutional ownership is 84.53%. The most recent insider transaction that took place on Nov 11 ’24, was worth 583,878. In this transaction EVP & CFO of this company sold 13,000 shares at a rate of $44.91, taking the stock ownership to the 68,198 shares. Before that another transaction happened on Nov 11 ’24, when Company’s Officer proposed sale 13,000 for $44.91, making the entire transaction worth $583,878.
Freeport-McMoRan Inc (FCX) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.4 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -3.94% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 24.61% during the next five years compared to -6.56% drop over the previous five years of trading.
Freeport-McMoRan Inc (NYSE: FCX) Trading Performance Indicators
Check out the current performance indicators for Freeport-McMoRan Inc (FCX). In the past quarter, the stock posted a quick ratio of 1.30. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.24. Likewise, its price to free cash flow for the trailing twelve months is 26.51.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.37, a number that is poised to hit 0.27 in the next quarter and is forecasted to reach 2.05 in one year’s time.
Technical Analysis of Freeport-McMoRan Inc (FCX)
The latest stats from [Freeport-McMoRan Inc, FCX] show that its last 5-days average volume of 14.4 million was superior to 13.46 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 81.84%. Additionally, its Average True Range was 1.18.
During the past 100 days, Freeport-McMoRan Inc’s (FCX) raw stochastic average was set at 11.64%, which indicates a significant decrease from 51.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.25% in the past 14 days, which was lower than the 34.23% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $42.41, while its 200-day Moving Average is $46.46. Now, the first resistance to watch is $40.17. This is followed by the second major resistance level at $41.36. The third major resistance level sits at $42.08. If the price goes on to break the first support level at $38.26, it is likely to go to the next support level at $37.54. The third support level lies at $36.35 if the price breaches the second support level.
Freeport-McMoRan Inc (NYSE: FCX) Key Stats
There are currently 1,436,928K shares outstanding in the company with a market cap of 56.01 billion. Presently, the company’s annual sales total 22,855 M according to its annual income of 1,848 M. Last quarter, the company’s sales amounted to 6,790 M and its income totaled 526,000 K.
