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Freeport-McMoran (FCX) Shares are Down -3.35%

It maintained return on assets (ROA) for the last twelve months at 48.31%. 15 analysts have suggested the company is a “Hold”.

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06/20/2016 – Freeport-McMoran Copper & Gold, Inc. had its “neutral” rating reiterated by analysts at Macquarie. During the same period a year ago, the firm earned $0.14 EPS. (NYSE:HD) reported sales of $26.5 billion for the second quarter of fiscal 2016, a 6.6 percent increase from the second quarter of fiscal 2015.

Company latest quarter ended on 30 Jun 2016, company announced earnings of $0.52. The stock’s market capitalization is 15.70B. They now have a Dollars 11.2 price target on the stock. (NASDAQ:CSCO) is 31.56 while analysts mean recommendation is 2.20. Quarterly performance shows a value of 13.54% and Half Year Performance value stands at 113.74%.

05/09/2016 – Freeport-McMoran Copper & Gold, Inc. had its “hold” rating reiterated by analysts at Deutsche Bank.

Ford Motor Company (NYSE:F) went up +0.16% during trading on 8/12/2016, hitting $12.37.

05/16/2016 – Freeport-McMoran Copper & Gold, Inc. had its “outperform” rating reiterated by analysts at Cowen. Freeport-McMoran Copper & Gold has a 52-week low of $3.52 and a 52-week high of $14.20.

A look at performance overview of Freeport-McMoran, Inc. depicts that Performance (Week) is -3.35 percent while Performance Month is -8.73%.

On 8/15/2016, Skyworks Solutions Inc (NASDAQ:SWKS) completed business day higher at $69.50 with +2.92%. (NYSE:FCX) Indonesian unit be granted a new permit to export copper concentrates until January 11, 2017, an official said. The Company’s segments include the Morenci, Cerro Verde, Grasberg and Tenke Fungurume copper mines, the Rod & Refining operations and the U.S. Oil & Gas Operations. Bambang Gatot, the ministry’s director general of coal and minerals, did not explain why the recommendation was for a shorter period. CIBC World Markets Inc. now owns 17,969 shares of the natural resource company’s stock valued at $186,000 after buying an additional 812 shares in the last quarter. Company return on investment (ROI) is 4.40%.

Energy Transfer Equity, L.P.’s (ETE) price volatility for a month noted as 3.55% however its price volatility for a week documented as 2.54%. The mean price target is calculated keeping in view the consensus of 17 brokerage firms.

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EPS growth in next year is estimated to reach 127.37% while EPS growth estimate for this year is set at -798.30%. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell The mean price target for the shares of company is at $13.65 while the highest price target suggested by the analysts is $20.00 and low price target is $10.00. They now have a $110.00 target price on the stock, up from their prior target price of $102.00. Barclays PLC lifted their target price on shares of Freeport-McMoran Copper & Gold from $10.00 to $11.00 and gave the stock an “equal weight” rating in a research note on Monday, August 8th.

Freeport McMoRan's Grasberg mine in West Papua. Image