Freeport-McMoRan Inc [NYSE: FCX] plunged by -$0.67 during the normal trading session on Monday and reaching a high of $45.555 during the day while it closed the day at $45.13.
Freeport-McMoRan Inc stock has also gained 2.87% of its value over the past 7 days. However, FCX stock has inclined by 34.98% in the 3 months of the year. Over the past six months meanwhile, it has gained 19.00% and lost -6.69% year-on date.
The market cap for FCX stock reached $64.82 billion, with 1.44 billion shares outstanding and 1.43 billion shares in the current float. Compared to the average trading volume of 14.78M shares, FCX reached a trading volume of 19605854 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Freeport-McMoRan Inc [FCX]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FCX shares is $48.06 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FCX stock is a recommendation set at 1.68. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Scotiabank have made an estimate for Freeport-McMoRan Inc shares, keeping their opinion on the stock as Sector Outperform, with their previous recommendation back on June 16, 2025. The new note on the price target was released on April 16, 2025, representing the official price target for Freeport-McMoRan Inc stock. Previously, the target price had yet another raise from $48 to $52, while JP Morgan kept a Overweight rating on FCX stock.
The Price to Book ratio for the last quarter was 3.67, with the Price to Cash per share for the same quarter was set at 3.37. Price to Free Cash Flow for FCX in the course of the last twelve months was 40.61 with Quick ratio for the last quarter at 1.13.
FCX stock trade performance evaluation
Freeport-McMoRan Inc [FCX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.87. With this latest performance, FCX shares gained by 10.45% in over the last four-week period, additionally plugging by 19.00% over the last 6 months – not to mention a rise of 19.00% in the past year of trading.
Freeport-McMoRan Inc [FCX]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Freeport-McMoRan Inc [FCX] shares currently have an operating margin of 24.94% and a Gross Margin at 27.36%. Freeport-McMoRan Inc’s Net Margin is presently recorded at 7.15%.
Return on Equity for this stock inclined to 3.18%, with Return on Assets sitting at 3.18%.
Earnings per share (EPS) analysis for Freeport-McMoRan Inc [FCX] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for FCX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Freeport-McMoRan Inc go to 22.40%.
Freeport-McMoRan Inc [FCX]: Institutional Ownership
There are presently around $86.59%, or 87.17% of FCX stock, in the hands of institutional investors. The top three institutional holders of FCX stocks are: VANGUARD GROUP INC with ownership of 121.49 million shares, which is approximately 8.4606%. BLACKROCK INC., holding 108.29 million shares of the stock with an approximate value of $$5.26 billion in FCX stocks shares; and BLACKROCK INC., currently with $$3.71 billion in FCX stock with ownership which is approximately 5.3164%.
