What Freeport-McMoRan (FCX) Investors Need to Know Today

Shares of Large-cap basic materials company Freeport-McMoRan moved -1.1 this evening, and are now trading at $42.54 per share. On the other hand, the average analyst target price for the stock is $40.6.

Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia.

Potential Freeport-McMoRan Investors Should Analyze the Following:

  • Freeport-McMoRan has moved 13.2% over the last year.

  • The company has a price to earnings growth (PEG) ratio of -1.97. A number between 0 and 1 could mean that the market is undervaluing Freeport-McMoRan's estimated growth potential

  • Its Price to Book (P/B) ratio is 3.71

  • Freeport-McMoRan currently returns an annual dividend yield of 1.4%.

Understanding Freeport-McMoRan's Operating Margins

Date Reported Total Revenue ($ k) Operating Expenses ($ k) Operating Margins (%) YoY Growth (%)
2023 22,708,000 16,675,000 27 -12.9
2022 22,780,000 15,743,000 31 -16.22
2021 22,845,000 14,479,000 37 117.65
2020 14,198,000 11,761,000 17 112.5
2019 14,402,000 13,311,000 8 -69.23
2018 18,628,000 13,874,000 26

Over the last 4 years, Freeport-McMoRan's operating margins have averaged 24.3%, which is similar to the 22.89% Industrial Metals & Mining industry average. We also note that the company's operating margins have a high coefficient of variability at 345.34%. The firm's margins exhibit a relatively stable growth trend of 0.4%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.