There are 16 equity research firms suggesting a Hold and 1 consider it Sell. Compared to the previous days closing, the stock was down only by -1.3%. According to the analysts, the company has the Low Price target of $8 whereas, the Mean Target is estimated by the brokers is $11.16. Freeport-McMoRan Inc. Copper holds an EPS of -12.17 that demonstrates an EPS growth this year at -798.30%.
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Today there are 1,252,141,000 shares in issue of Freeport-McMoran Copper & Gold which are now trading at 12.45 which brings the business’s market capitalisation to 15.59B United States dollars. Deutsche Bank AG reissued a “hold” rating and issued a $10.00 price objective (up previously from $9.00) on shares of Freeport-McMoran Copper & Gold in a research report on Friday, April 8th. “Underperform” verdict was shared by 0 analyst and “Outperform” recommendation was issued by 2 analyst.
The 13 analysts offering 12-month price forecasts for CONSOL Energy Inc have a median target of 17.00, with a high estimate of 29.00 and a low estimate of 7.00. This ratio considers the latest price and profits for valuating a stock. The stock’s institutional ownership stands at 42.10%.
Trade-Ideas LLC identified Freeport-McMoRan (FCX) as a pre-market laggard candidate.
The company has a PEG ratio of -1.06. Finally, Principal Financial Group Inc. boosted its stake in Freeport-McMoran Copper & Gold by 4.5% in the fourth quarter. One week ago, shares have been suggested as “BUY” from “11” brokerage firms and recommended as “Strong Buy” by “0” brokerage firms.
Shares of Freeport-McMoran Copper & Gold (NYSE:FCX) opened at 12.87 on Wednesday. Common S on the technical side, it is seen that the firm’s shares price is at $1.58, which is +14.08% off 50-day MA of $11.23. The company has market capitalization of $16.12B. The highest share price NYSE:FCX shares have reached in the prior twelve months is 15.56 with the lowest being 3.52. (NYSE:FCX) P/E ratio is N/A.
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On the company’s financial health, Freeport-McMoRan Inc reported $-0.16 EPS for the quarter, based on the information available during the earnings call on April 26, 2016. The company had revenue of $3527.00 million for the quarter, compared to analysts expectations of $3516.19 million. That is compared with the $0.14 in earnings per share it reported during the same period past year. The business’s revenue for the quarter was down 15.1% on a year-over-year basis. Equities analysts predict that Freeport-McMoran Copper & Gold will post $0.57 earnings per share for the current year. The Company’s portfolio of assets includes the Grasberg minerals district in Indonesia mining operations in North and South America the Tenke Fungurume (Tenke) minerals district in the Democratic Republic of Congo (DRC) in Africa and oil and natural gas assets in North America.
