Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Freeport-McMoRan (DE:FPMB)
XETRA:FPMB
Freeport-McMoRan (FPMB) Stock Price & Analysis
6 Followers
FPMB Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€30.22 - €49.04
Previous Close€44.58
Volume2.00
Average Volume (3M)3.29K
Market Cap
€64.27B
Enterprise Value€78.54B
Total Cash (Recent Filing)$4.76B
Total Debt (Recent Filing)$9.42B
Price to Earnings (P/E)37.8
Beta1.41
Next Earnings
Jul 18, 2024EPS Estimate
€0.34Last Dividend Ex-Date
Apr 12, 2024Dividend Yield1.25%
Share Statistics
EPS (TTM)1.18
Shares Outstanding1,434,409,010
10 Day Avg. Volume4,618
30 Day Avg. Volume3,289
Standard Deviation0.14
R-Squared0.22
Alpha0.03
Financial Highlights & Ratios
Price to Book (P/B)4.15
Price to Sales (P/S)2.83
Price to Cash Flow (P/CF)13.10
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.44
Enterprise Value/Gross Profit3.44
Enterprise Value/Ebitda13.64
Forecast
1Y Price Target
€48.94Price Target Upside8.67% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
Freeport-McMoRan News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAnalyst's optimism is fueled by Freeport's expected earnings growth in 2024, driven by strong sales volume growth and higher gold prices, signaling a robust financial outlook for the company.
Operational EfficiencyFreeport's track record of meeting or beating production and cost guidance has been impressive, underscoring its operational efficiency compared to peers in the copper mining sector.
Strategic DevelopmentsThe completion of the Grasberg smelting projects and the securing of export permits showcase Freeport's strategic initiatives to enhance long-term earnings and operational continuity.
Bears Say
Cost ManagementSignificantly increased costs in the Americas, especially in North America, are impacting profitability, posing a threat to the company's financial performance.
Financial ForecastingWith the projection of higher capital expenditures in 2025 than previously anticipated, the company's future financial flexibility may be compromised.
Regulatory ChallengesPotential export permit delays in Indonesia could disrupt the company's ability to sell its products internationally, potentially impacting revenue.
---
Options Prices
Currently, No data available
---
Ownership Overview
1.63% Insiders
28.10% Mutual Funds
19.06% Other Institutional Investors
51.21% Public Companies and
Individual Investors
FPMB FAQ
What was Freeport-McMoRan’s price range in the past 12 months?
Freeport-McMoRan lowest stock price was €30.22 and its highest was €49.03 in the past 12 months.
What is Freeport-McMoRan’s market cap?
Currently, no data Available
When is Freeport-McMoRan’s upcoming earnings report date?
Freeport-McMoRan’s upcoming earnings report date is Jul 18, 2024 which is in 82 days.
How were Freeport-McMoRan’s earnings last quarter?
Freeport-McMoRan released its earnings results on Apr 23, 2024. The company reported €0.299 earnings per share for the quarter, beating the consensus estimate of €0.249 by €0.049.
Is Freeport-McMoRan overvalued?
According to Wall Street analysts Freeport-McMoRan’s price is currently Undervalued.
Does Freeport-McMoRan pay dividends?
Freeport-McMoRan pays a Quarterly dividend of €0.14 which represents an annual dividend yield of 1.25%. See more information on Freeport-McMoRan dividends here
What is Freeport-McMoRan’s EPS estimate?
Freeport-McMoRan’s EPS estimate is €0.34.
How many shares outstanding does Freeport-McMoRan have?
Freeport-McMoRan has 1,434,409,000 shares outstanding.
What happened to Freeport-McMoRan’s price movement after its last earnings report?
Freeport-McMoRan reported an EPS of €0.299 in its last earnings report, beating expectations of €0.249. Following the earnings report the stock price went down -2.398%.
Which hedge fund is a major shareholder of Freeport-McMoRan?
Among the largest hedge funds holding Freeport-McMoRan’s share is Fisher Asset Management LLC. It holds Freeport-McMoRan’s shares valued at 2B.
---
Freeport-McMoRan Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
€48.94 (8.67% Upside)
€48.94 (8.67% Upside)
Blogger Sentiment
Bullish
DE:FPMB Sentiment 95%
Sector Average 73%
Sector Average 73%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
32.75%
12-Months-Change
Fundamentals
Return on Equity
9.97%
Trailing 12-Months
Asset Growth
6.46%
Trailing 12-Months
Company Description
Freeport-McMoRan
Founded in 1987 and based in Arizona, Freeport-McMoRan, Inc. is a leading mining company, and focuses on exploring copper, gold, and molybdenum. Its portfolio of assets includes the Grasberg minerals district in Indonesia, one of the world’s largest copper and gold deposits; and significant mining operations in North America and South America, including the large-scale Morenci minerals district in Arizona and the Cerro Verde operation in Peru.
---
FPMB Company Deck
---
FPMB Earnings Call
Q1 2024
0:00 / 0:00
---
FPMB Revenue Breakdown
34.20% Indonesia Mining
25.75% Rod & Refining
18.18% South America Mining
12.21% Atlantic Copper Smelting & Refining
1.06% North America Copper Mines
---
FPMB Stock 12 Months Forecast
Average Price Target
€48.94
▲(8.67% Upside)
Technical Analysis
Best Analysts Covering FPMB
1 Year
1 Year Success Rate
9/11 ratings generated profit
1 Year Average Return
+60.46%
reiterated a buy rating 4 days ago
Copying Orest Wowkodaw's trades and holding each position for 1 Year would result in 81.82% of your transactions generating a profit, with an average return of +60.46% per trade.
---