Is Freeport McMoran Stock a Good Investment?
Freeport McMoran Investment Advice | FCX |
- Examine Freeport McMoran's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Freeport McMoran's leadership team and their track record. Good management can help Freeport McMoran navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Metals & Mining space and any emerging trends that could impact Freeport McMoran's business and its evolving consumer preferences.
- Compare Freeport McMoran's performance and market position to its competitors. Analyze how Freeport McMoran is positioned in terms of product offerings, innovation, and market share.
- Check if Freeport McMoran pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Freeport McMoran's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Freeport McMoran Copper Gold stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Freeport McMoran Copper Gold is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Very Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Freeport McMoran Stock
Researching Freeport McMoran's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 86.0% of the company shares are owned by institutional investors. The book value of Freeport McMoran was currently reported as 12.24. The company last dividend was issued on the 15th of January 2025. Freeport McMoran Copper had 2:1 split on the 2nd of February 2011.
To determine if Freeport McMoran is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Freeport McMoran's research are outlined below:
| Freeport McMoran generated a negative expected return over the last 90 days | |
| Freeport McMoran is unlikely to experience financial distress in the next 2 years | |
| Freeport McMoran has a very strong financial position based on the latest SEC filings | |
| Over 86.0% of the company shares are owned by institutional investors | |
| On 3rd of February 2025 Freeport McMoran paid $ 0.15 per share dividend to its current shareholders | |
| Latest headline from benzinga.com: Looking At Freeport-McMoRans Recent Unusual Options Activity |
Freeport McMoran Quarterly Liabilities And Stockholders Equity |
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Freeport McMoran uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Freeport McMoran Copper Gold. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Freeport McMoran's 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.
| 19th of April 2024 Upcoming Quarterly Report | View | |
| 18th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 22nd of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
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. Below are the table of largest EPS Surprises Freeport McMoran's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2019-07-24 | 2019-06-30 | -0.05 | -0.04 | 0.01 | 20 | ||
2016-07-26 | 2016-06-30 | -0.01 | -0.02 | -0.01 | 100 | ||
2015-04-23 | 2015-03-31 | -0.07 | -0.06 | 0.01 | 14 | ||
1996-07-23 | 1996-06-30 | 0.07 | 0.08 | 0.01 | 14 | ||
1996-04-23 | 1996-03-31 | 0.05 | 0.06 | 0.01 | 20 | ||
2002-01-17 | 2001-12-31 | -0.02 | -0.0072 | 0.0128 | 64 | ||
2019-04-25 | 2019-03-31 | 0.07 | 0.05 | -0.02 | 28 | ||
2016-04-26 | 2016-03-31 | -0.18 | -0.16 | 0.02 | 11 |
Freeport McMoran Target Price Consensus
Freeport target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Freeport McMoran's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 23 | Buy |
Most Freeport analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Freeport stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Freeport McMoran Copper, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationFreeport McMoran Target Price Projection
Freeport McMoran's current and average target prices are 36.76 and 51.49, respectively. The current price of Freeport McMoran is the price at which Freeport McMoran Copper Gold is currently trading. On the other hand, Freeport McMoran's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Freeport McMoran Market Quote on 25th of February 2025
Target Price
Analyst Consensus On Freeport McMoran Target Price
Freeport McMoran Analyst Ratings
Freeport McMoran's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Freeport McMoran stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Freeport McMoran's financials, market performance, and future outlook by experienced professionals. Freeport McMoran's historical ratings below, therefore, can serve as a valuable tool for investors.Know Freeport McMoran's Top 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 Copper Gold 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.
| Shares | Morgan Stanley - Brokerage Accounts | 2024-12-31 | 24.4 M | Capital World Investors | 2024-12-31 | 24.1 M | Amundi | 2024-12-31 | 21.6 M | Bank Of New York Mellon Corp | 2024-12-31 | 19.3 M | Northern Trust Corp | 2024-12-31 | 16.4 M | Clearbridge Advisors, Llc | 2024-12-31 | 13.4 M | Ubs Group Ag | 2024-12-31 | 12.5 M | Dz Bank Ag Deutsche Zentral-genossenschaftsbank Frankfurt Am Main | 2024-12-31 | 12 M | Ameriprise Financial Inc | 2024-12-31 | 11.9 M | Vanguard Group Inc | 2024-12-31 | 123.2 M | Blackrock Inc | 2024-12-31 | 114.5 M |
Freeport McMoran's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 53.33 B.Market Cap |
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Freeport McMoran's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.03 | 0.06 | |
| Return On Capital Employed | 0.14 | 0.20 | |
| Return On Assets | 0.03 | 0.06 | |
| Return On Equity | 0.11 | 0.18 |
Determining Freeport McMoran's profitability involves analyzing its financial statements and using various financial metrics to determine if Freeport McMoran is a good buy. For example, gross profit margin measures Freeport McMoran's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Freeport McMoran's profitability and make more informed investment decisions.
Freeport McMoran's Earnings Breakdown by Geography
Please note, the imprecision that can be found in Freeport McMoran's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Freeport McMoran Copper Gold. Check Freeport McMoran's Beneish M Score to see the likelihood of Freeport McMoran's management manipulating its earnings.
Evaluate Freeport McMoran's management efficiency
Freeport McMoran Copper has Return on Asset of 0.0808 % which means that on every $100 spent on assets, it made $0.0808 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1569 %, implying that it generated $0.1569 on every 100 dollars invested. Freeport McMoran's 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 Tangible Assets is likely to rise to 0.06 in 2025. Return On Capital Employed is likely to rise to 0.20 in 2025. At this time, Freeport McMoran's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 43.6 B in 2025, whereas Other Assets are likely to drop slightly above 2.2 B in 2025.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 19.80 | 20.80 | |
| Tangible Book Value Per Share | 19.80 | 20.80 | |
| Enterprise Value Over EBITDA | 6.84 | 5.87 | |
| Price Book Value Ratio | 3.15 | 2.99 | |
| Enterprise Value Multiple | 6.84 | 5.87 | |
| Price Fair Value | 3.15 | 2.99 | |
| Enterprise Value | 54.3 B | 57 B |
Freeport McMoran showcases strong leadership that adapts to market changes and drives innovation. Our analysis explores how this adaptability affects the stock's investment appeal.
Basic technical analysis of Freeport Stock
As of the 25th of February, Freeport McMoran shows the Standard Deviation of 1.88, variance of 3.55, and Mean Deviation of 1.45. Freeport McMoran Copper 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.Freeport McMoran's 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.
Richard Adkerson over three months ago Disposition of 15294 shares by Richard Adkerson of Freeport McMoran at 42.98 subject to Rule 16b-3 | ||
Richard Adkerson over six months ago Disposition of 36261 shares by Richard Adkerson of Freeport McMoran subject to Rule 16b-3 | ||
Dustan McCoy over six months ago Acquisition by Dustan McCoy of 3500 shares of Freeport McMoran subject to Rule 16b-3 | ||
Whitmire C Donald Jr over six months ago Exercise or conversion by Whitmire C Donald Jr of 10000 shares of Freeport McMoran subject to Rule 16b-3 |
Freeport McMoran's Outstanding Corporate 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 Copper 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 Copper Gold 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.
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| FREEPORT MCMORAN INC 4375 Corp BondUS35671DCG88 | View | |
| Freeport McMoRan 425 percent Corp BondUS35671DCF06 | View | |
| Freeport McMoRan 4125 percent Corp BondUS35671DCE31 | View | |
| FREEPORT MCMORAN INC 525 Corp BondUS35671DCD57 | View | |
| FREEPORT MCMORAN INC 4625 Corp BondUS35671DCH61 | View | |
| Freeport McMoRan 5 percent Corp BondUS35671DCC74 | View |
Understand Freeport McMoran's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Freeport McMoran's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.08) | |||
| Market Risk Adjusted Performance | 1.61 | |||
| Mean Deviation | 1.45 | |||
| Coefficient Of Variation | (877.29) | |||
| Standard Deviation | 1.88 | |||
| Variance | 3.55 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | 1.6 | |||
| Maximum Drawdown | 8.66 | |||
| Value At Risk | (3.00) | |||
| Potential Upside | 2.59 | |||
| Skewness | 0.2233 | |||
| Kurtosis | 1.28 |
| Risk Adjusted Performance | (0.08) | |||
| Market Risk Adjusted Performance | 1.61 | |||
| Mean Deviation | 1.45 | |||
| Coefficient Of Variation | (877.29) | |||
| Standard Deviation | 1.88 | |||
| Variance | 3.55 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | 1.6 | |||
| Maximum Drawdown | 8.66 | |||
| Value At Risk | (3.00) | |||
| Potential Upside | 2.59 | |||
| Skewness | 0.2233 | |||
| Kurtosis | 1.28 |
Consider Freeport McMoran's intraday 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.
| Accumulation Distribution | 344417.0 | |||
| Daily Balance Of Power | (0.18) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 36.63 | |||
| Day Typical Price | 36.67 | |||
| Price Action Indicator | 0.025 | |||
| Period Momentum Indicator | (0.22) | |||
| Relative Strength Index | 52.09 |
Freeport McMoran Corporate Filings
F4 | 19th of February 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10K | 14th of February 2025 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
8K | 23rd of January 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 12th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
Freeport Stock media impact
Far too much social signal, news, headlines, and media speculation about Freeport McMoran that are available to investors today. That information is available publicly through Freeport media outlets and privately through word of mouth or via Freeport internal channels. However, regardless of the origin, that massive amount of Freeport data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Freeport McMoran news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Freeport McMoran relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Freeport McMoran's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Freeport McMoran alpha.
Freeport McMoran Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Freeport McMoran can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Freeport McMoran Copper Historical Investor Sentiment
Investor biases related to Freeport McMoran's public news can be used to forecast risks associated with an investment in Freeport. The trend in average sentiment can be used to explain how an investor holding Freeport can time the market purely based on public headlines and social activities around Freeport McMoran Copper Gold. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Freeport McMoran's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Freeport McMoran and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Freeport McMoran news discussions. The higher the estimate score, the more favorable the investor's outlook on Freeport McMoran.
Freeport McMoran Maximum Pain Price Across May 16th 2025 Option Contracts
Freeport McMoran's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Freeport McMoran close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Freeport McMoran's options.
Freeport McMoran Corporate Directors
| David Joint | Director - Investor Relations | Profile | |
| Lydia Kennard | Independent Director | Profile | |
| Dustan McCoy | Lead Independent Director | Profile | |
| Frances Townsend | Independent Director | Profile |
Additional Tools for Freeport Stock Analysis
When running Freeport McMoran's 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 the 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.