分析师给弗里波特-麦克莫兰公司(纽约证券交易所代码:FCX)的平均评级为 “持有”

分析师给弗里波特-麦克莫兰公司(纽约证券交易所代码:FCX)的平均评级为 “持有”
2023年04月14日 15:02 富途牛牛综合

Freeport-McMoRan Inc. (NYSE:FCX – Get Rating) has earned an average recommendation of "Hold" from the seventeen research firms that are presently covering the stock, Marketbeat.com reports. Nine investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $40.17.

FCX has been the subject of a number of research analyst reports. Scotiabank upgraded Freeport-McMoRan from a "sector perform" rating to a "sector outperform" rating and upped their target price for the stock from $41.00 to $50.00 in a research report on Tuesday, March 14th. Deutsche Bank Aktiengesellschaft upped their target price on Freeport-McMoRan from $35.00 to $40.00 in a research report on Tuesday, January 10th. TheStreet upgraded Freeport-McMoRan from a "c" rating to a "b" rating in a research report on Wednesday, January 25th. Raymond James upped their target price on Freeport-McMoRan from $40.00 to $48.00 and gave the stock an "outperform" rating in a research report on Tuesday, January 31st. Finally, StockNews.com started coverage on shares of Freeport-McMoRan in a research report on Thursday, March 16th. They issued a "hold" rating on the stock.

Get

Freeport-McMoRan

alerts:

Insiders Place Their Bets

In other Freeport-McMoRan news, CAO Ellie L. Mikes sold 11,678 shares of Freeport-McMoRan stock in a transaction that occurred on Wednesday, March 1st. The shares were sold at an average price of $43.17, for a total transaction of $504,139.26. Following the transaction, the chief accounting officer now directly owns 32,333 shares in the company, valued at approximately $1,395,815.61. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 0.72% of the company's stock.

Institutional Investors Weigh In On Freeport-McMoRan

Institutional investors have recently modified their holdings of the stock. Fairfield Bush & CO. acquired a new stake in shares of Freeport-McMoRan during the 1st quarter valued at $26,000. WFA of San Diego LLC acquired a new stake in shares of Freeport-McMoRan in the 4th quarter valued at $27,000. ICA Group Wealth Management LLC acquired a new stake in shares of Freeport-McMoRan in the 4th quarter valued at $28,000. Assetmark Inc. lifted its stake in shares of Freeport-McMoRan by 54.1% in the 3rd quarter. Assetmark Inc. now owns 1,051 shares of the natural resource company's stock valued at $29,000 after purchasing an additional 369 shares during the last quarter. Finally, Western Pacific Wealth Management LP acquired a new stake in shares of Freeport-McMoRan in the 3rd quarter valued at $30,000. Institutional investors and hedge funds own 77.12% of the company's stock.

Freeport-McMoRan Stock Performance

FCX opened at $42.95 on Friday. The business's 50 day moving average is $40.50 and its 200-day moving average is $38.10. The stock has a market cap of $61.45 billion, a PE ratio of 18.12 and a beta of 2.01. The company has a current ratio of 2.46, a quick ratio of 1.64 and a debt-to-equity ratio of 0.39. Freeport-McMoRan has a twelve month low of $24.80 and a twelve month high of $51.34.

Freeport-McMoRan (NYSE:FCX – Get Rating) last released its quarterly earnings results on Wednesday, January 25th. The natural resource company reported $0.52 earnings per share for the quarter, beating analysts' consensus estimates of $0.40 by $0.12. The company had revenue of $5.75 billion for the quarter, compared to analysts' expectations of $5.42 billion. Freeport-McMoRan had a return on equity of 14.59% and a net margin of 15.22%. The business's revenue for the quarter was down 6.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.96 earnings per share. On average, analysts predict that Freeport-McMoRan will post 2.04 earnings per share for the current year.

Freeport-McMoRan Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 1st. Shareholders of record on Friday, April 14th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.40%. The ex-dividend date of this dividend is Thursday, April 13th. Freeport-McMoRan's payout ratio is 12.66%.

About Freeport-McMoRan

(Get Rating)

Freeport-McMoRan, Inc engages in the mining of copper, gold, and molybdenum. It operates through the following segments: North America Copper Mines, South America Mining, Indonesia Mining, Molybdenum Mines, Rod and Refining, Atlantic Copper Smelting and Refining, and Corporate and Other. The North America Copper Mines segment operates open-pit copper mines in Morenci, Baghdad, Safford, Sierrita, and Miami in Arizona and Chino and Tyrone in New Mexico.

See Also

  • Get a free copy of the StockNews.com research report on Freeport-McMoRan (FCX)
  • Delta Airlines Is Ready To Fly Higher
  • Global Payments Climbs After Goldman Sachs Upgrade
  • Fastenal Is At A Critical Turning Point
  • 3 Healthcare Stocks Insiders Are Buying
  • Novo Nordisk Charges Higher and Could be Just Getting Started

Receive News & Ratings for Freeport-McMoRan Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Freeport-McMoRan and related companies with MarketBeat.com's FREE daily email newsletter.

海量资讯、精准解读,尽在新浪财经APP
麦克 莫兰 波特

VIP课程推荐

加载中...

APP专享直播

1/10

热门推荐

收起
新浪财经公众号
新浪财经公众号

24小时滚动播报最新的财经资讯和视频,更多粉丝福利扫描二维码关注(sinafinance)

7X24小时

  • 04-21 三博脑科 301293 --
  • 04-20 晶合集成 688249 --
  • 04-17 华原股份 838837 3.93
  • 04-13 荣旗科技 301360 71.88
  • 04-12 民士达 833394 6.55
  • 产品入口: 新浪财经APP-股票-免费问股
    新浪首页 语音播报 相关新闻 返回顶部