Freeport Stock Analysis

FCX -  USA Stock  

USD 36.04  1.06  2.86%

The small slide in market price for the last few months could raise concerns from investors as the firm it trading at a share price of 36.04 on 29,743,515 in volume. The company directors and management did not add much value to Freeport Mcmoran investors in December. However, diversifying your holdings with Freeport-Mcmoran or similar stocks can still protect your portfolio during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 2.62. The current volatility is consistent with the ongoing market swings in December 2021 as well as with Freeport Mcmoran unsystematic, company-specific events.
Please check Investing Opportunities.

Freeport Stock Analysis 

 
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The Freeport Mcmoran stock analysis report makes it easy to digest most publicly released information about Freeport Mcmoran and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Freeport Stock analysis module also helps to analyze the Freeport Mcmoran price relationship with some important fundamental indicators such as market cap and management efficiency.

Freeport Stock Analysis Notes

About 78.0% of the company shares are owned by institutional investors. The book value of Freeport Mcmoran was currently reported as 9.1. The company has Price/Earnings To Growth (PEG) ratio of 0.48. Freeport-Mcmoran next dividend is scheduled to be issued on the 13th of January 2022. The entity had 2:1 split on the 2nd of February 2011. Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. Freeport-McMoRan Inc. was incorporated in 1987 and is headquartered in Phoenix, Arizona. Freeport Mcmoran operates under Copper classification in the United States and is traded on New York Stock Exchange. It employs 24500 people. To learn more about Freeport-Mcmoran call Richard Adkerson at 602 366-8100 or check out www.fcx.com.

Freeport Mcmoran Quarterly Cost of Revenue

3.55 BillionShare

Freeport-Mcmoran Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Freeport Mcmoran's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Freeport-Mcmoran or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Freeport-Mcmoran generated a negative expected return over the last 90 days
Freeport-Mcmoran was previously known as Freeport-Mcmoran and was traded on New York Stock Exchange under the symbol FCX-A.
Freeport-Mcmoran has a strong financial position based on the latest SEC filings
Over 78.0% of the company shares are owned by institutional investors
Latest headline from www.kpvi.com: Thinking about trading options or stock in Bank of America, Unilever, Freeport-McMoRan, Caterpillar, or ConocoPhillips - KPVI News 6

Freeport-Mcmoran Upcoming and Recent Events

Earnings reports are used by Freeport Mcmoran to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Freeport Mcmoran previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report26th of January 2022
Next Earnings Report28th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End26th of January 2022
Last Quarter Report30th of September 2021
Last Earning Announcement31st of December 2020

Freeport Largest EPS Surprises

Earnings surprises can significantly impact Freeport Mcmoran's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2019-10-23
2019-09-30-0.0114-0.010.001412 
1996-07-23
1996-06-300.070.080.0114 
1996-04-23
1996-03-310.050.060.0120 
View All Earnings Estimates

Freeport Mcmoran SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Freeport Mcmoran prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Freeport Mcmoran investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Freeport-Mcmoran specific information freely available to individual and institutional investors to make a timely investment decision.
26th of January 2022
Financial Statements and Exhibits. Regulation FD Disclosure. Results of Operations and Financial Condition
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14th of January 2022
Unclassified Corporate Event
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10th of December 2021
Financial Statements and Exhibits. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
4th of November 2021
Other Events. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
21st of October 2021
Financial Statements and Exhibits. Other Events. Regulation FD Disclosure. Results of Operations and Financial Condition
View
1st of September 2021
Other Events
View
3rd of August 2021
Financial Statements and Exhibits. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
27th of July 2021
Other Events
View

Freeport Mcmoran Thematic Classifications

In addition to having Freeport Mcmoran stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Climate Change IdeaClimate Change
A subset of companies across different industries and markets, that have embraced or working towards promoting renewable energy equipment, product, or services
Industrial Metal Mining IdeaIndustrial Metal Mining
USA Equities from Industrial Metal Mining industry as classified by Fama & French
Manufacturing IdeaManufacturing
Manufacturing of goods across different domains
Copper IdeaCopper
Copper production

Freeport Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Freeport Mcmoran is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Freeport-Mcmoran backward and forwards among themselves. Freeport Mcmoran's institutional investor refers to the entity that pools money to purchase Freeport Mcmoran's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Van Eck Associates CorpCommon Shares2.7 M111.8 M
Scout Investments IncCommon Shares2.2 M91.2 M
Villere St Denis J Co LlcCommon SharesM85 M
Russell Investments Group LtdCommon SharesM83.1 M
New York State Teachers Retirement SystemCommon Shares1.7 M71.8 M
Pm Capital LtdCommon Shares1.7 M69.1 M
Tcw Group IncCommon Shares1.6 M65.1 M
Note, although Freeport Mcmoran's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Freeport Market Capitalization

The company currently falls under 'Large-Cap' category with total capitalization of 54.48 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Freeport Mcmoran's market, we take the total number of its shares issued and multiply it by Freeport Mcmoran's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Freeport Profitablity

Freeport Mcmoran's profitability indicators refer to fundamental financial ratios that showcase Freeport Mcmoran's ability to generate income relative to its revenue or operating costs. If, let's say, Freeport Mcmoran is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Freeport Mcmoran's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Freeport Mcmoran's profitability requires more research than a typical breakdown of Freeport Mcmoran's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 18.46 %, which may imply that it executes well on its competitive polices and has reasonable control over its expenses and variable costs. This is very large. In the same way, it shows Net Operating Margin of 44.99 %, which entails that for every 100 dollars of revenue, it generated 0.45 of operating income.
Last ReportedProjected for 2022
Return on Investment 11.58  13.83 
Return on Average Assets 0.0135  0.0146 
Return on Average Equity 0.06  0.06 
Return on Invested Capital 0.0423  0.0462 
Return on Sales 0.14  0.15 

Management Efficiency

The entity has Return on Asset of 10.6 % which means that on every $100 spent on asset, it made $10.6 of profit. This is considered to be average in the sector. In the same way, it shows return on shareholders equity (ROE) of 24.27 %, implying that it generated $24.27 on every 100 dollars invested. Freeport Mcmoran management efficiency ratios could be used to measure how well freeport-mcmoran manages its routine affairs as well as how well it operates its assets and liabilities. Return on Investment is likely to rise to 13.83 in 2022. Return on Average Assets is likely to rise to 0.0146 in 2022. Freeport Mcmoran Average Assets are fairly stable at the moment as compared to the past year. Freeport Mcmoran reported Average Assets of 36.83 Billion in 2021. Tangible Asset Value is likely to rise to about 38.2 B in 2022, whereas Goodwill and Intangible Assets are likely to drop slightly above 1.7 B in 2022.
Last ReportedProjected for 2022
Book Value per Share 6.30  7.99 
Enterprise Value over EBIT 24.15  26.06 
Enterprise Value over EBITDA 14.24  15.36 
Price to Book Value 4.27  3.52 
Tangible Assets Book Value per Share 26.10  29.42 
Enterprise Value40.9 B36.8 B
Tangible Asset Value37.9 B38.2 B

Technical Drivers

As of the 28th of January, Freeport Mcmoran shows the mean deviation of 1.97, and Coefficient Of Variation of (4,993). Freeport-Mcmoran technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down nineteen technical drivers for Freeport-Mcmoran, which can be compared to its rivals. Please confirm Freeport-Mcmoran variance, as well as the relationship between the value at risk and skewness to decide if Freeport-Mcmoran is priced favorably, providing market reflects its regular price of 36.04 per share. Given that Freeport Mcmoran has jensen alpha of 0.0597, we urge you to verify Freeport-Mcmoran's prevailing market performance to make sure the company can sustain itself at a future point.

Freeport-Mcmoran Price Movement Analysis

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. Freeport-Mcmoran Triple Exponential Moving Average indicator shows smoothing effect of Freeport Mcmoran price series composite of a single exponential moving average, a double exponential moving average and a triple exponential moving average. View also all equity analysis or get more info about triple exponential moving average overlap studies indicator.

Freeport-Mcmoran Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Freeport Mcmoran insiders, such as employees or executives, is commonly permitted as long as it does not rely on Freeport Mcmoran's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Freeport Mcmoran insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
John Stephens over three weeks ago via Macroaxis 
Freeport Mcmoran exotic insider transaction detected
Richard Adkerson over a month ago via Macroaxis 
Exercise or conversion by Richard Adkerson of 210834 shares of Freeport Mcmoran subject to Rule 16b-3
Ryan Lance over a month ago via Macroaxis 
Purchase by Ryan Lance of tradable shares of Freeport Mcmoran
Whitmire C Donald Jr over two months ago via Macroaxis 
Exercise or conversion by Whitmire C Donald Jr of 10000 shares of Freeport Mcmoran subject to Rule 16b-3
Ryan Lance over two months ago via Macroaxis 
Acquisition by Ryan Lance of 2500 shares of Freeport Mcmoran subject to Rule 16b-3
Gerald Ford over three months ago via Macroaxis 
Exercise or conversion by Gerald Ford of 5400 shares of Freeport Mcmoran subject to Rule 16b-3
John Stephens over three months ago via Macroaxis 
Acquisition by John Stephens of 576 shares of Freeport Mcmoran subject to Rule 16b-3
Marcela Donadio over three months ago via Macroaxis 
Acquisition by Marcela Donadio of 3800 shares of Freeport Mcmoran subject to Rule 16b-3
John Stephens over six months ago via Macroaxis 
Acquisition by John Stephens of 505 shares of Freeport Mcmoran subject to Rule 16b-3
Whitmire C Donald Jr over six months ago via Macroaxis 
Bona fide gift to Whitmire C Donald Jr of 500 shares of Freeport Mcmoran subject to Section 16
Gerald Ford over six months ago via Macroaxis 
Sale by Gerald Ford of 18200 shares of Freeport Mcmoran
Robert Dudley over six months ago via Macroaxis 
Acquisition by Robert Dudley of 3800 shares of Freeport Mcmoran subject to Rule 16b-3

Freeport Mcmoran Outstanding Bonds

Freeport Mcmoran issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Freeport-Mcmoran uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Freeport bonds can be classified according to their maturity, which is the date when Freeport-Mcmoran has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
MaturityCouponRating
Freeport 03012022 35503/01/20223.55
BBB
FREEPORT-MCMORAN INC 387503/15/20233.875
BBB
Freeport-McMoRan 545 percent03/15/20435.45
BBB
Freeport-McMoRan 54 percent11/14/20345.4
BBB
Freeport-McMoRan 455 percent11/14/20244.55
BBB
Freeport 11012027 712511/01/20277.125
BBB
Freeport 06012031 9506/01/20319.5
BBB
Freeport 03152034 612503/15/20346.125
BBB

Freeport Mcmoran Predictive Daily Indicators

Freeport Mcmoran intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Freeport Mcmoran stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Freeport Mcmoran Forecast Models

Freeport Mcmoran time-series forecasting models is one of many Freeport Mcmoran's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Freeport Mcmoran's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Freeport Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Freeport Mcmoran stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Freeport shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Freeport Mcmoran. By using and applying Freeport Stock analysis, traders can create a robust methodology for identifying Freeport entry and exit points for their positions.
Last ReportedProjected for 2022
Operating Margin 15.91  13.82 
EBITDA Margin 0.23  0.19 
Gross Margin 0.16  0.17 
Profit Margin 0.0378  0.0408 
Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. Freeport-McMoRan Inc. was incorporated in 1987 and is headquartered in Phoenix, Arizona. Freeport Mcmoran operates under Copper classification in the United States and is traded on New York Stock Exchange. It employs 24500 people.

Current Freeport Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Freeport analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Freeport analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
41.46Hold17Odds
Freeport-Mcmoran current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Freeport analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Freeport stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Freeport-Mcmoran, talking to its executives and customers, or listening to Freeport conference calls.
Freeport Analyst Advice Details

Freeport Stock Analysis Indicators

Freeport-Mcmoran stock analysis indicators help investors evaluate how Freeport Mcmoran stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Freeport Mcmoran shares will generate the highest return on investment. By understating and applying Freeport Mcmoran stock analysis, traders can identify Freeport Mcmoran position entry and exit signals to maximize returns.
Quick Ratio1.68
Trailing Annual Dividend Rate0.22
Fifty Two Week Low26.32
Revenue Growth58.00%
Payout Ratio5.66%
Average Daily Volume Last 10 Day24.01M
Shares Short Prior Month29.47M
Average Daily Volume In Three Month17.82M
Earnings Growth327.30%
Shares Percent Shares Out2.14%
Earnings Quarterly Growth325.20%
Gross Margins46.01%
Forward Price Earnings10.45
Short Percent Of Float2.40%
Float Shares1.46B
Fifty Two Week High46.20
Fifty Day Average39.96
Enterprise Value To Ebitda7.99
Two Hundred Day Average37.91
Enterprise Value To Revenue3.59
Trailing Annual Dividend Yield0.59%
Please check Investing Opportunities. Note that the Freeport-Mcmoran information on this page should be used as a complementary analysis to other Freeport Mcmoran's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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When running Freeport-Mcmoran price analysis, check to measure Freeport Mcmoran's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Freeport Mcmoran is operating at the current time. Most of Freeport Mcmoran's value examination focuses on studying past and present price action to predict the probability of Freeport Mcmoran's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Freeport Mcmoran's price. Additionally, you may evaluate how the addition of Freeport Mcmoran to your portfolios can decrease your overall portfolio volatility.
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Is Freeport Mcmoran's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Freeport Mcmoran. If investors know Freeport will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Freeport Mcmoran listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Freeport-Mcmoran is measured differently than its book value, which is the value of Freeport that is recorded on the company's balance sheet. Investors also form their own opinion of Freeport Mcmoran's value that differs from its market value or its book value, called intrinsic value, which is Freeport Mcmoran's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Freeport Mcmoran's market value can be influenced by many factors that don't directly affect Freeport Mcmoran's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Freeport Mcmoran's value and its price as these two are different measures arrived at by different means. Investors typically determine Freeport Mcmoran value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freeport Mcmoran's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.