Freeport-McMoRan Inc [FCX] stock prices are up 3.38% to $41.61 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The FCX shares have gain 5.32% over the last week, with a monthly amount glided 12.52%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Freeport-McMoRan Inc [NYSE: FCX] stock has seen the most recent analyst activity on March 20, 2025, when JP Morgan upgraded its rating to a Overweight and also boosted its price target to $52 from $48. Previously, Deutsche Bank upgraded its rating to Buy on March 06, 2025, and kept the price target unchanged to $47. On February 27, 2025, upgrade upgraded it’s rating to Buy and revised its price target to $48 on the stock. Argus downgraded its rating to a Hold. Jefferies downgraded its rating to a Hold and reduced its price target to $40 on January 24, 2025. Bernstein downgraded its rating to Mkt Perform for this stock on January 07, 2025, and downed its price target to $46. In a note dated September 30, 2024, Scotiabank downgraded an Sector Perform rating on this stock but restated the target price of $52.
The stock price of Freeport-McMoRan Inc [FCX] has been fluctuating between $33.98 and $54.96 over the past year. Currently, Wall Street analysts expect the stock to reach $53 within the next 12 months. Freeport-McMoRan Inc [NYSE: FCX] shares were valued at $41.61 at the most recent close of the market. An investor can expect a potential return of 27.37% based on the average FCX price forecast.
Analyzing the FCX fundamentals
The Freeport-McMoRan Inc [NYSE:FCX] reported sales of 25.14B for trailing twelve months, representing a surge of 1.40%. Gross Profit Margin for this corporation currently stands at 0.29% with Operating Profit Margin at 0.27%, Pretax Profit Margin comes in at 0.27%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.11 and Total Capital is 0.14. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.0.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 41.19 points at the first support level, and at 40.77 for the second support level. However, for the 1st resistance point, the stock is sitting at 42.17, and for the 2nd resistance point, it is at 42.73.
Ratios To Look Out For
It’s worth pointing out that Freeport-McMoRan Inc [NYSE:FCX]’s Current Ratio is 2.42. In addition, the Quick Ratio stands at 1.18 and the Cash Ratio stands at 0.71. Considering the valuation of this stock, the price to sales ratio is 2.38, the price to book ratio is 3.40 and price to earnings (TTM) ratio is 32.11.
Transactions by insiders
Recent insider trading involved Robertson Maree E., EVP & CFO, that happened on Nov 11 ’24 when 13000.0 shares were sold. Officer, Robertson Maree E. completed a deal on Nov 11 ’24 to buy 13000.0 shares. Meanwhile, Senior VP & CAO Higgins Stephen T. sold 80000.0 shares on May 13 ’24.
