Freeport-McMoran Copper & Gold Inc (FCX) is a leading copper business with stocks listed in the US. It opened the day at US$37.33 after a previous close of US$37.61. During the day the price has varied from a low of USD36.61 to a high of USD37.33. The latest price was USD36.747 (25 minute delay). Freeport-McMoran Copper-and-Gold is listed on the NYSE. All prices are listed in US Dollars.
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Freeport-McMoran Copper-and-Gold's shares were split on a 2:1 basis on 2 February 2011. So if you had owned 1 share the day before the split, the next day you would own 2 shares. This wouldn't directly have changed the overall worth of your Freeport-McMoran Copper-and-Gold shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Freeport-McMoran Copper-and-Gold shares which in turn could have impacted Freeport-McMoran Copper-and-Gold's share price.
| Open | US$37.33 |
|---|---|
| High | US$37.33 |
| Low | US$36.61 |
| Close | US$36.747 |
| Previous close | US$37.61 |
| Change | US$-0.863 |
| Change % | -2.2946% |
| Volume | 5,507,793 |
| 52-week range | US$32.7956 - US$46.2019 |
|---|---|
| 50-day moving average | US$35.6934 |
| 200-day moving average | US$38.4683 |
| Target price | US$45.39 |
| PE ratio | 26.1181 |
| Dividend yield | US$0.6 (1.53%) |
| Earnings per share (TTM) | US$1.44 |
Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.
Historical closes compared with the last close of $36.747
| 1 week (2023-11-28) | -1.27% |
|---|---|
| 1 month (2023-11-03) | 4.54% |
| 3 months (2023-09-05) | -9.93% |
| 6 months (2023-06-05) | -0.79% |
| 1 year (2022-12-05) | -5.44% |
|---|---|
| 2 years (2021-12-03) | 0.51% |
| 3 years (2020-12-04) | 46.64% |
| 5 years (2018-12-04) | 219.54% |
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Valuing Freeport-McMoran Copper-and-Gold stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Freeport-McMoran Copper-and-Gold's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Freeport-McMoran Copper-and-Gold's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 26x. In other words, Freeport-McMoran Copper-and-Gold shares trade at around 26x recent earnings.
That's comparable to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29).
Freeport-McMoran Copper-and-Gold's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.2. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Freeport-McMoran Copper-and-Gold's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Freeport-McMoran Copper-and-Gold's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$8.3 billion (£6.6 billion).
The EBITDA is a measure of a Freeport-McMoran Copper-and-Gold's overall financial performance and is widely used to measure stock profitability.
Over the last 12 months, Freeport-McMoran Copper-and-Gold's shares have ranged in value from as little as US$32.7956 up to US$46.2019. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Freeport-McMoran Copper-and-Gold's is 2.014. This would suggest that Freeport-McMoran Copper-and-Gold's shares are significantly more volatile than the average for this exchange and represent a higher risk.
| Revenue TTM | US$22.7 billion |
|---|---|
| Operating margin TTM | 25.62% |
| Gross profit TTM | US$9.7 billion |
| Return on assets TTM | 7.45% |
| Return on equity TTM | 14.63% |
| Profit margin | 9.5% |
| Book value | 11.478 |
| Market capitalisation | US$53.9 billion |
TTM: trailing 12 months
Dividend payout ratio: 33.61% of net profits
Recently Freeport-McMoran Copper-and-Gold has paid out, on average, around 33.61% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.53% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Freeport-McMoran Copper-and-Gold shareholders could enjoy a 1.53% return on their shares, in the form of dividend payments. In Freeport-McMoran Copper-and-Gold's case, that would currently equate to about $0.6 per share.
While Freeport-McMoran Copper-and-Gold's payout ratio might seem fairly standard, it's worth remembering that Freeport-McMoran Copper-and-Gold may be investing much of the rest of its net profits in future growth.
Freeport-McMoran Copper-and-Gold's most recent dividend payout was on 1 November 2023. The latest dividend was paid out to all shareholders who bought their shares by 12 October 2023 (the "ex-dividend date").
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Freeport-McMoran Copper-and-Gold.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 38.4
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Freeport-McMoran Copper-and-Gold's overall score of 38.4 (as at 01/01/2019) is pretty weak – landing it in it in the 82nd percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Freeport-McMoran Copper-and-Gold is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Environmental score: 17.07/100
Freeport-McMoran Copper-and-Gold's environmental score of 17.07 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that Freeport-McMoran Copper-and-Gold is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Social score: 11.57/100
Freeport-McMoran Copper-and-Gold's social score of 11.57 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that Freeport-McMoran Copper-and-Gold is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Governance score: 6.25/100
Freeport-McMoran Copper-and-Gold's governance score puts it squarely in the 2nd percentile of companies rated in the same sector. That could suggest that Freeport-McMoran Copper-and-Gold is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Controversy score: 4/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Freeport-McMoran Copper-and-Gold scored a 4 out of 5 for controversy – the second-lowest score possible, reflecting that Freeport-McMoran Copper-and-Gold has a damaged public profile.
Freeport-McMoran Copper & Gold Inc was last rated for ESG on: 2019-01-01.
| Total ESG score | 38.4 |
|---|---|
| Total ESG percentile | 82.48 |
| Environmental score | 17.07 |
| Environmental score percentile | 2 |
| Social score | 11.57 |
| Social score percentile | 2 |
| Governance score | 6.25 |
| Governance score percentile | 2 |
| Level of controversy | 4 |
Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. It primarily explores for copper, gold, molybdenum, silver, and other metals, as well as oil and gas. The company's assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Tyrone and Chino in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile. It also operates a portfolio of oil and gas properties primarily located in offshore California and the Gulf of Mexico. The company was formerly known as Freeport-McMoRan Copper & Gold Inc. and changed its name to Freeport-McMoRan Inc. in July 2014. Freeport-McMoRan Inc. was incorporated in 1987 and is headquartered in Phoenix, Arizona.
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