The stock has been downbeat for quite some time as is down -7.69% for the last 20 trading days, and now the firm's performance is turning out to be bullish with a 1.20% gain for the week. Hourglass Capital LLC's holdings in Freeport-McMoRan were worth $2,933,000 as of its most recent SEC filing. Checchi Capital Advisers LLC raised its position in Freeport-McMoRan by 30.2% in the third quarter. HIRSCH MATTHEW I bought $10,001 worth of stock or 635 shares. The ratio is negative, as 274 hedge funds started new or increased equity positions, while 284 decreased and sold stock positions in Freeport Mcmoran Copper & Gold Inc. Financial Architects Inc now owns 22,163 shares of the natural resource company's stock worth $241,000 after buying an additional 4,250 shares during the period. Kornitzer Capital Management Inc. (FCX) gained 0.17% closing at the price of $11.77 while the previous close of FCX was $11.75. Following the completion of the sale, the vice president now owns 60,989 shares in the company, valued at approximately $928,252.58. Conning Inc. now owns 30,081 shares of the natural resource company's stock valued at $402,000 after buying an additional 239 shares during the period. Finally, Baker Avenue Asset Management LP raised its position in Freeport-McMoRan by 36.9% in the first quarter. The ROA ratio is calculated by comparing net income to average total assets, and is expressed as a percentage.
Analysts await Freeport-McMoRan Inc (NYSE:FCX) to report earnings on July, 25. 10,123,672 shares of the company were exchanged.
The SMA or Simple Moving Averages are commonly available for 20 Day, 50 Day and 200 Day Simple Moving Averages. The company has a market cap of $17.03 billion, a PE ratio of 62.94 and a beta of 2.49.
Freeport-McMoRan Inc. (NYSE:FCX), stock is trading $17.06 above the 52-week high and has displayed a high EPS growth of -21.20% in last 5 years.
Shares of Freeport-McMoRan Inc. The natural resource company reported $0.15 earnings per share for the quarter, missing analysts' consensus estimates of $0.16 by $0.01. Return on Equity (ROE) stands at 4.9% and Return on Investment (ROI) of -14.2 percent. The firm had revenue of $3.34 billion during the quarter, compared to analyst estimates of $3.51 billion. However a year ago for the same quarter the company has reported -$0.02 EPS.
In terms of Buy, Sell or Hold recommendations, Freeport-Mcmoran Inc (NYSE:FCX) has analysts' mean recommendation of 2.9. For our stock under consideration here, Freeport-McMoRan Inc. If you are accessing this news story on another website, it was illegally copied and republished in violation of United States and global trademark and copyright legislation. Old West Investment Management LLC raised its position in Freeport-McMoRan by 3.4% in the fourth quarter.
In order to reach an opinion and communicate the value and volatility of a covered security, analysts research public financial statements, listen in on conference calls and talk to managers and the customers of a company, typically in an attempt to capture the findings for a research report. Vetr raised shares of Freeport-McMoRan from a "hold" rating to a "buy" rating and set a $16.04 target price on the stock in a research note on Wednesday, January 18th. The stock of Freeport-McMoRan Inc (NYSE:FCX) has "Hold" rating given on Tuesday, January 12 by Jefferies.
Analysts on average have given a price target of $15.03 to Freeport-McMoRan Inc.
The target price for Freeport-McMoRan Inc. They issued a "neutral" rating and a $14.00 price objective on the stock. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The firm has "Hold" rating given on Wednesday, February 3 by Argus Research.
In other Freeport-McMoRan news, COO Harry M. Iv Conger sold 77,500 shares of the company's stock in a transaction on Thursday, February 16th.
Freeport-McMoRan Inc. was covered by a number of analysts recently, 1 rated the stock as Buy, 3 rated Outperform, 14 rated Hold, 2 gave an Underperform and 0 rated sell. Following the transaction, the chief operating officer now owns 37,763 shares in the company, valued at $575,508.12. Also, VP C Donald Whitmire, Jr. sold 2,525 shares of Freeport-McMoRan stock in a transaction dated Thursday, February 16th.