Freeport-McMoRan Inc (NYSE: FCX) has reported E.P.S. of $0.19 for its fourth fiscal quarter (ending December 31) versus $0.27 for the same period a year ago — a decline of -30%. E.P.S. were $1.30 for the latest four quarters through December 31 versus $1.28 for the same period a year ago — an increase of 2%.
Recent Price Action
Freeport-McMoRan Inc (NYSE: FCX) stock declined modestly by -1.5% on 1/23/25. The stock closed at $38.50. Moreover, this decline was accompanied by exceptionally high trading volume at 253% of normal. The stock has been weak relative to the market over the last nine months and has declined -2.5% during the last week.
Current PriceTarget Research Rating
Freeport-McMoRan has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Freeport-McMoRan has a neutral Appreciation Score of 59 but a very low Power Rating of 14, and the Negative Value Trend Rating results.
Rating Review
In light of this new information and negative market action we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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