Freeport-McMoRan Inc (NYSE: FCX) kicked off on Monday, up 0.03% from the previous trading day, before settling in for the closing price of $35.85. Over the past 52 weeks, FCX has traded in a range of $35.46-$54.96.
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Basic Materials Sector giant saw their annual sales surged by 14.32% over the last five years. While this was happening, its average annual earnings per share was recorded 14.85%. With a float of $1.43 billion, this company’s outstanding shares have now reached $1.44 billion.
The firm has a total of 27200 workers. Let’s measure their productivity. In terms of profitability, gross margin is 30.67%, operating margin of 34.46%, and the pretax margin is 35.2%.
Freeport-McMoRan Inc (FCX) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Copper Industry. The insider ownership of Freeport-McMoRan Inc is 0.58%, while institutional ownership is 84.56%. 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) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.41 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 14.85% per share during the next fiscal year.
Freeport-McMoRan Inc (NYSE: FCX) Trading Performance Indicators
Take a look at Freeport-McMoRan Inc’s (FCX) current performance indicators. Last quarter, stock had a quick ratio of 1.18. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.06. Likewise, its price to free cash flow for the trailing twelve months is 21.91.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.30, a number that is poised to hit 0.26 in the next quarter and is forecasted to reach 2.31 in one year’s time.
Technical Analysis of Freeport-McMoRan Inc (FCX)
Analysing the last 5-days average volume posted by the [Freeport-McMoRan Inc, FCX], we can find that recorded value of 14.12 million was lower than the volume posted last year of 14.6 million. As of the previous 9 days, the stock’s Stochastic %D was 15.31%. Additionally, its Average True Range was 1.19.
During the past 100 days, Freeport-McMoRan Inc’s (FCX) raw stochastic average was set at 5.47%, which indicates a significant decrease from 16.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.78% in the past 14 days, which was lower than the 32.33% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $40.26, while its 200-day Moving Average is $45.65. Now, the first resistance to watch is $36.37. This is followed by the second major resistance level at $36.87. The third major resistance level sits at $37.61. If the price goes on to break the first support level at $35.12, it is likely to go to the next support level at $34.38. Should the price break the second support level, the third support level stands at $33.88.
Freeport-McMoRan Inc (NYSE: FCX) Key Stats
The company with the Market Capitalisation of 51.53 billion has total of 1,436,928K Shares Outstanding. Its annual sales at the moment are 25,455 M in contrast with the sum of 1,889 M annual income. Company’s last quarter sales were recorded 5,720 M and last quarter income was 274,000 K.
