Currently, there are 1.44B common shares owned by the public and among those 1.43B shares have been available to trade.
The company’s stock has a 5-day price change of 5.18% and -17.63% over the past three months. FCX shares are trading -13.25% year to date (YTD), with the 12-month market performance down to -32.94% lower. It has a 12-month low price of $27.60 and touched a high of $54.84 over the same period. FCX has an average intraday trading volume of 18.84 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 -7.53%, -10.86%, and -21.57% respectively.
Institutional ownership of Freeport-McMoRan Inc (NYSE: FCX) shares accounts for 85.16% of the company’s 1.44B shares outstanding.
It has a market capitalization of $47.28B and a beta (3y monthly) value of 1.66. The stock’s trailing 12-month PE ratio is 25.39, while the earnings-per-share (ttm) stands at $1.30. The company has a PEG of 1.06 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 4.10% over the week and 5.88% over the month.
Earnings per share for the fiscal year are expected to increase by 9.91%, and 37.05% over the next financial year.
Looking at the support for the FCX, a number of firms have released research notes about the stock. Wolfe Research stated their Outperform rating for the stock in a research note on April 16, 2025, with the firm’s price target at $39. JP Morgan coverage for the Freeport-McMoRan Inc (FCX) stock in a research note released on March 20, 2025 offered a Overweight rating with a price target of $52. Deutsche Bank was of a view on March 06, 2025 that the stock is Buy, while Jefferies gave the stock Buy rating on February 27, 2025, issuing a price target of $40- $48. Argus on their part issued Hold rating on January 31, 2025.
