June 29, 2017

Top Gainers of the Day: Freeport-McMoRan Inc. (NYSE:FCX) from Copper

27 April 2017, 02:19 | Ignacio Smith

Freeport-McMoRan Inc Posts Mixed Q1 Earnings, Cuts Cash Flow Outlook

Copper Prices Apr 2016 Apr 2017

They now have a United States dollars 13 price target on the stock. Finally, Royal Bank of Canada reiterated a hold rating and issued a $17.00 target price on shares of Freeport-McMoRan in a research report on Wednesday, April 19th. Analyst's mean target price for EFII is $56.70 while analysts mean recommendation is 1.50. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. The analyst recommendations from a month ago are 0 Buy, 3 Strong Buy, 1 Sell, 1 Hold and 7. The stock has a 50 day moving average of $12.82 and a 200 day moving average of $13.62. The company's market cap is $17.96 billion. Freeport-McMoRan Inc (NYSE:FCX) has risen 30.87% since September 19, 2016 and is uptrending.

Chesapeake Energy Corporation (NYSE:CHK) is another stock that is grabbing investors attention these days. This is an increase of 134% compared to the typical volume of 17,848 call options.

Freeport-McMoRan Inc (NYSE:FCX) share price plunged -2.24% or -0.28 points to reach at $12.23 during previous trading session. The natural resource company reported $0.15 EPS for the quarter, missing the Zacks' consensus estimate of $0.16 by $0.01. The Return on Investment (ROI) is at -14.2% while it's Return on Equity (ROE) value stands at -89.9%.

Freeport-McMoRan Inc. (FCX) is expected to post revenue of $3.71 Billion in the current quarter, according to consensus of 8 analysts. Its last 5-Year EPS growth stands at -18.70% with earnings growth of -106.30% yoy.

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Now the shares of Freeport-McMoRan Inc. If you are reading this piece on another publication, it was illegally copied and republished in violation of USA and global copyright & trademark law. The correct version of this report can be viewed at Wesbanco Bank owns 11,207 shares or 0.01% of their USA portfolio. 14 have given the stock a Hold rating, 2 as Underperform and 0 as Sell. Following the completion of the transaction, the chief operating officer now owns 37,763 shares in the company, valued at approximately $575,508.12. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Shares for $1.18 million were sold by Conger Harry M. IV. The shares were sold at an average price of $15.42, for a total transaction of $888,500.40. Nikko Asset Management Americas Inc. now owns 1,904,147 shares of the natural resource company's stock worth $25,439,000 after buying an additional 141,600 shares during the last quarter. The disclosure for this sale can be found here. Ltd. increased its position in shares of Freeport-McMoRan by 104.5% in the third quarter. HL Financial Services LLC now owns 13,249 shares of the natural resource company's stock valued at $144,000 after buying an additional 922 shares in the last quarter. It dived, as 5 investors sold Fuel Tech Inc shares while 11 reduced holdings. Blackrock Institutional Trust Na owns 535,129 shares. The brokerage now has a "buy" rating on the natural resource company's stock.

Valuation Ratios of Freeport-McMoran, Inc. The Company operates through geographical assets with proven and probable reserves of copper, gold and molybdenum, and traded copper producer.

05/19/2016 - Goldman Sachs began new coverage on Freeport-McMoran Copper & Gold, Inc. giving the company a "neutral" rating.

Teck Resources Limited closed down 3.19% on Tuesday after reporting earnings and revenue that failed to impress the Street.

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