Freeport-McMoRan Inc [FCX] stock is trading at $37.35, down -0.74%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The FCX shares have gain 13.53% over the last week, with a monthly amount drifted -9.78%, and not 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 April 16, 2025, when Wolfe Research upgraded its rating to a Outperform but kept the price target unchanged to $39 for it. Previously, JP Morgan upgraded its rating to Overweight on March 20, 2025, and elevated its price target to $52. On March 06, 2025, upgrade upgraded it’s rating to Buy but maintained its price target of $47 on the stock. Jefferies upgraded its rating to a Buy and increased its price target to $48 on February 27, 2025. Argus downgraded its rating to a Hold. Jefferies downgraded its rating to Hold for this stock on January 24, 2025, and downed its price target to $40. In a note dated January 07, 2025, Bernstein downgraded an Mkt Perform rating on this stock and revised its target price from $51 to $46.
Freeport-McMoRan Inc [FCX] stock has fluctuated between $27.60 and $54.84 over the past year. Currently, Wall Street analysts expect the stock to reach $39 within the next 12 months. Freeport-McMoRan Inc [NYSE: FCX] shares were valued at $37.35 at the most recent close of the market. An investor can expect a potential return of 4.42% based on the average FCX price forecast.
Analyzing the FCX fundamentals
Freeport-McMoRan Inc [NYSE:FCX] reported sales of 24.66B for the trailing twelve months, which represents a drop of -7.76%. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.0.
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 36.89 points at the first support level, and at 36.43 for the second support level. However, for the 1st resistance point, the stock is sitting at 37.74, and for the 2nd resistance point, it is at 38.12.
Ratios To Look Out For
For context, Freeport-McMoRan Inc’s Current Ratio is 2.32. Further, the Quick Ratio stands at 1.13, while the Cash Ratio is 0.71. Considering the valuation of this stock, the price to sales ratio is 2.18, the price to book ratio is 3.05 and price to earnings (TTM) ratio is 30.72.
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.
