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Dynamic quotes 
OFFON

FREEPORT-MCMORAN INC.

(FCX)
  Report
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Freeport-McMoRan Inc. : The technical configuration is positive

04/27/2021 | 03:13am EDT
long trade
Stop-loss triggered
Entry price : 38.55$ | Target : 50$ | Stop-loss : 33.5$ | Potential : 29.7%
Shares in Freeport-McMoRan Inc. show a positive technical chart pattern over the medium term, which suggests that the rising trend should be followed.
Investors have an opportunity to buy the stock and target the $ 50.
Freeport-McMoRan Inc. : Freeport-McMoRan Inc. : The technical configuration is positive
Summary
  • The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
  • In a short-term perspective, the company has interesting fundamentals.

Strengths
  • The group's high margin levels account for strong profits.
  • The company is in a robust financial situation considering its net cash and margin position.
  • Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.
  • Over the last twelve months, the sales forecast has been frequently revised upwards.
  • For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.
  • For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
  • Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
  • The tendency within the weekly time frame is positive above the technical support level at 19.55 USD

Weaknesses
  • Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.
  • The company is not the most generous with respect to shareholders' compensation.
  • Analysts covering the stock have recently lowered their earnings forecast.

ę MarketScreener.com 2021

Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.

Financials (USD)
Sales 2021 22 935 M - -
Net income 2021 4 438 M - -
Net Debt 2021 1 074 M - -
P/E ratio 2021 13,1x
Yield 2021 0,73%
Capitalization 57 034 M 57 034 M -
EV / Sales 2021 2,53x
EV / Sales 2022 2,24x
Nbr of Employees 24 500
Free-Float 91,2%
Upcoming event on FREEPORT-MCMORAN INC.
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 18
Last Close Price 38,85 $
Average target price 41,26 $
Spread / Average Target 6,22%
EPS Revisions
Managers and Directors
Richard C. Adkerson Chairman & Chief Executive Officer
Kathleen L. Quirk President & Chief Financial Officer
Bertrand L. Odinet Chief Information, Innovation Officer & VP
Stephen T. Higgins Chief Administrative Officer & Senior VP
Frances Fragos Townsend Independent Director
Sector and Competitors