Freeport now has $28.24B valuation.
Freeport-McMoRan Inc. (NYSE:FCX) touched its 1-Year High price of $19.99 on 01/08/18 and its 1-Year Low price of $11.05 on 06/02/17. Overall, 13.68 Million shares exchanged hands versus its average trading volume of 10.41 Million shares.
Freeport-McMoRan Inc. (FCX) analysts on average have given a price target of $16.74 on FCX stock. It has underperformed by 9.87% the S&P500. Old Mutual Customised Solutions (Proprietary) holds 0.07% or 38,759 shares in its portfolio. This signal is very important in determining the market trend for this stock. The other 10, though not evenly; between analysts who think you should buy Freeport-McMoRan Inc. versus those who think you should sell it. (NYSE:FCX) stock have made investors to juggle around with their spending. The natural resource company reported $0.34 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.31 by $0.03. The Stock shows P/E value of 0 and Forward P/E of 53.59. After having $0.34 EPS previously, Freeport-McMoRan Inc.'s analysts see 26.47 % EPS growth.
When we look at the Analyst Recommendations of the stock, the company has 3.29 rating given by Analysts where 1 stands for Strong Buy and 5 stands for Strong Sell. Therefore 22% are positive. Freeport-McMoran Copper & Gold had 92 analyst reports since July 28, 2015 according to SRatingsIntel. Deutsche Bank maintained Freeport-McMoRan Inc. (NYSE:FCX) has "Buy" rating given on Wednesday, October 4 by Jefferies. The company was initiated on Friday, September 18 by FBR Capital.
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The TTM operating margin for the company stands at 17.5%. The firm earned "Outperform" rating on Thursday, April 14 by William Blair. The rating was maintained by RBC Capital Markets with "Hold" on Tuesday, October 10. Icahn Carl C sold 14.43 million shares as Freeport (FCX)'s stock declined 21.33%. The moving average is also popular as it can be used as a center point to help investors and traders quickly identify selling and buying opportunities. The rating was maintained by Cowen & Co with "Buy" on Monday, July 17. The firm has "Buy" rating given on Saturday, August 29 by Deutsche Bank.
Since August 21, 2017, it had 0 insider buys, and 1 sale for $15,435 activity.
More notable recent Freeport-McMoRan Inc. (NYSE:FCX) is a huge mover today! About 32.63M shares traded or 87.16% up from the average.
In the last three months, insiders executed a total of 3 trades. Liberty Global Plc was raised too.
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Investors sentiment is 1 in 2017 Q3. Its the same as in 2017Q2. This works out to a net decrease in ownership of 511416 shares, and suggests that institutions are feeling bearish about the stock. Cleararc holds 23,953 shares or 0.14% of its portfolio. M Secs Inc reported 94,508 shares or 0.42% of all its holdings. In current trading day Freeport-McMoRan Inc.
Investors purchased shares of Freeport-McMoRan Inc (NYSE:FCX) on weakness during trading hours on Tuesday. (NYSE:FCX). Outfitter Advsr Ltd stated it has 0.05% of its portfolio in Freeport-McMoRan Inc. (NYSE:FCX). Private Asset Mngmt, California-based fund reported 3,275 shares. Moreover, Kentucky Retirement has 0.09% invested in Freeport-McMoRan Inc. (NYSE:FCX). Sumitomo Mitsui Tru invested 0.09% of its portfolio in Freeport-McMoRan Inc. Morgan Stanley accumulated 5.68M shares. St Johns Management Lc stated it has 0.04% in Freeport-McMoRan Inc. Berenberg upgraded Freeport-McMoRan Inc. (NYSE:FCX) for 3.90M shares. During the same period in the prior year, the company earned $0.13 EPS. Their projections for the Next Quarter growth is 206.7 percent.
Investors sentiment increased to 0.75 in 2017 Q3. WHITMIRE C DONALD JR had sold 1,050 shares worth $15,435 on Monday, August 21. The firm earned "Sell" rating on Wednesday, July 12 by Berenberg. The firm earned "Hold" rating on Monday, December 18 by BMO Capital Markets. The stock has "Hold" rating by RBC Capital Markets on Thursday, July 27. (NYSE:FCX) rating on Monday, October 30. As per Tuesday, January 12, the company rating was maintained by Lake Street. Shikiar Asset accumulated 112,350 shares.
Ubs Oconnor Llc, which manages about $12.67 billion and $4364.22B US Long portfolio, decreased its stake in Amdocs L (NASDAQ:DOX) by 34,326 shares to 444,566 shares, valued at $28.59 billion in 2017Q3, according to the filing. Goldman Sachs Gp Inc Inc reported 0.01% of its portfolio in Markel Corporation (NYSE:MKL). To cut down amount of noise on price chart, shares of firm has 20 days moving average price of 7.78% from last close price of 19.51 and act as support or resistance of price limit. Cipher Capital LP holds 47,795 shares or 0.05% of its portfolio. Carroll Financial Assoc owns 2,013 shares or 0% of their U.S. portfolio. Farmers Natl Bank has invested 0.08% in Johnson Controls International plc (NYSE:JCI). (NYSE:FCX) for 1.71M shares. Fic Capital Inc acquired 5,630 shares as Schein Henry Inc Com (HSIC)'s stock rose 5.77%. Reliance Co Of Delaware invested in 113,439 shares. 128,487 were reported by Acadian Asset Mgmt Lc.
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