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Freeport-McMoRan Inc (NYSE: FCX) closed the day trading at $36.41 up 1.05% from the previous closing price of $36.03. In other words, the price has increased by $1.05 from its previous closing price. On the day, 11.61 million shares were traded. FCX stock price reached its highest trading level at $36.92 during the session, while it also had its lowest trading level at $35.99.
Ratios:
For a better understanding of FCX, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 32.76. For the most recent quarter (mrq), Quick Ratio is recorded 1.13 and its Current Ratio is at 2.32. In the meantime, Its Debt-to-Equity ratio is 0.53 whereas as Long-Term Debt/Eq ratio is at 0.50.
On March 20, 2025, JP Morgan Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $48 to $52.
Deutsche Bank Upgraded its Hold to Buy on March 06, 2025, while the target price for the stock was maintained at $47.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 11 ’24 when Robertson Maree E. sold 13,000 shares for $44.91 per share. The transaction valued at 583,878 led to the insider holds 68,198 shares of the business.
Robertson Maree E. bought 13,000 shares of FCX for $583,878 on Nov 11 ’24. On May 13 ’24, another insider, Higgins Stephen T., who serves as the Senior VP & CAO of the company, sold 80,000 shares for $52.03 each. As a result, the insider received 4,162,512 and left with 104,377 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FCX now has a Market Capitalization of 50973999104 and an Enterprise Value of 67519000576. As of this moment, Freeport-McMoRan’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.95, and their Forward P/E ratio for the next fiscal year is 16.49. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.26. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.12 while its Price-to-Book (P/B) ratio in mrq is 2.98. Its current Enterprise Value per Revenue stands at 2.716 whereas that against EBITDA is 7.439.
Stock Price History:
The Beta on a monthly basis for FCX is 1.65, which has changed by -0.27829534 over the last 52 weeks, in comparison to a change of 0.092895746 over the same period for the S&P500. Over the past 52 weeks, FCX has reached a high of $54.84, while it has fallen to a 52-week low of $27.60. The 50-Day Moving Average of the stock is -0.15%, while the 200-Day Moving Average is calculated to be -11.83%.
Shares Statistics:
Over the past 3-months, FCX traded about 18.69M shares per day on average, while over the past 10 days, FCX traded about 15628200 shares per day. A total of 1.44B shares are outstanding, with a floating share count of 1.43B. Insiders hold about 0.61% of the company’s shares, while institutions hold 85.49% stake in the company. Shares short for FCX as of 1744675200 were 25796446 with a Short Ratio of 1.38, compared to 1741910400 on 24930168. Therefore, it implies a Short% of Shares Outstanding of 25796446 and a Short% of Float of 1.7999999999999998.
Dividends & Splits
FCX’s forward annual dividend rate is 0.60, up from 0.6 a year ago. Against a Trailing Annual Dividend Yield of 0.01665279The stock’s 5-year Average Dividend Yield is 3.73. The current Payout Ratio is 46.04% for FCX, which recently paid a dividend on 2025-04-15 with an ex-dividend date of 1744675200. Stock splits for the company last occurred on 2011-02-02 when the company split stock in a 2:1 ratio.
