Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The price of Freeport-McMoRan Inc (NYSE: FCX) closed at $37.63 in the last session, up 6.93% from day before closing price of $35.19. In other words, the price has increased by $6.93 from its previous closing price. On the day, 23.96 million shares were traded. FCX stock price reached its highest trading level at $37.81 during the session, while it also had its lowest trading level at $35.28.
Ratios:
We take a closer look at FCX’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.99. For the most recent quarter (mrq), Quick Ratio is recorded 1.18 and its Current Ratio is at 2.42. In the meantime, Its Debt-to-Equity ratio is 0.55 whereas as Long-Term Debt/Eq ratio is at 0.55.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 52682002432 and an Enterprise Value of 71089053696. As of this moment, Freeport-McMoRan’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.04, and their Forward P/E ratio for the next fiscal year is 17.04. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.19. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.15 while its Price-to-Book (P/B) ratio in mrq is 3.08. Its current Enterprise Value per Revenue stands at 2.793 whereas that against EBITDA is 7.455.
Stock Price History:
The Beta on a monthly basis for FCX is 1.64, which has changed by -0.25485146 over the last 52 weeks, in comparison to a change of 0.07545352 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 2.58%, while the 200-Day Moving Average is calculated to be -9.64%.
Shares Statistics:
According to the various share statistics, FCX traded on average about 18.75M shares per day over the past 3-months and 20083690 shares per day over the past 10 days. 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 85.17% stake in the company. Shares short for FCX as of 1743379200 were 27865887 with a Short Ratio of 1.49, compared to 1740700800 on 26017925. Therefore, it implies a Short% of Shares Outstanding of 27865887 and a Short% of Float of 1.95.
Dividends & Splits
The forward annual dividend rate for FCX is 0.60, which was 0.6 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.0170503The 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.
