Currently, there are 1.44B common shares owned by the public and among those 1.43B shares have been available to trade.
Insiders at the company have transacted a total of 0 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 0 of these insider trades were purchases, accounting for 0 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.
The company’s stock has a 5-day price change of -4.26% and -18.13% over the past three months. FCX shares are trading -6.52% year to date (YTD), with the 12-month market performance down to -4.42% lower. It has a 12-month low price of $34.89 and touched a high of $54.96 over the same period. FCX has an average intraday trading volume of 13.38 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -5.70%, -6.95%, and -19.88% respectively.
Institutional ownership of Freeport-McMoRan Inc (NYSE: FCX) shares accounts for 85.08% of the company’s 1.44B shares outstanding.
It has a market capitalization of $51.06B and a beta (3y monthly) value of 1.87. The stock’s trailing 12-month PE ratio is 27.42, while the earnings-per-share (ttm) stands at $1.30. The company has a PEG of 1.29 and a Quick Ratio of 1.18 with the debt-to-equity ratio at 0.55. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.17% over the week and 3.25% over the month.
Earnings per share for the fiscal year are expected to increase by 13.86%, and 36.23% over the next financial year.
Looking at the support for the FCX, a number of firms have released research notes about the stock. Jefferies stated their Buy rating for the stock in a research note on February 27, 2025, with the firm’s price target at $40-$48. Jefferies was of a view on January 24, 2025 that the stock is Hold, while Bernstein gave the stock Mkt Perform rating on January 07, 2025, issuing a price target of $51- $46. Scotiabank on their part issued Sector Perform rating on September 30, 2024.
