Freeport McMoRan downgraded at Jefferies as next breakout will take time
Freeport McMoRan (FCX) stock downgraded by Jefferies to Hold with $40 price target, citing challenges in Indonesia and neutral near-term outlook on copper.
Why Did Jefferies Give Freeport-McMoRan Inc (FCX) Stock Hold Rating?
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 0.58% of Freeport-McMoRan Inc (FCX)’s shares, while financial institutions hold 84.57%.
Freeport-McMoRan (FCX) Q4 2024 Earnings Call Transcript
Good morning, everyone, and welcome to the Freeport conference call. Earlier this morning, FCX reported its fourth-quarter and full-year 2024 operating and financial results. A copy of today's release with supplemental schedules and slides are available on our website, fcx.com. Today's conference call is being broadcast live on the Internet.
Freeport-McMoRan: Strong Q4 Earnings and Bullish Copper Outlook Justify Buy Rating
Freeport-McMoRan (FCX – Research Report), the Basic Materials sector company, was revisited by a Wall Street analyst yesterday. Analyst Lawson
Freeport-McMoRan: Q4 Earnings Snapshot
The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share. The mining company posted revenue of $5.72 billion in the period, which fell short of Street forecasts.
Freeport-McMoRan to Post Q4 Earnings: What's in Store for the Stock?
The Zacks Consensus Estimate for Freeport’s fourth-quarter consolidated revenues is currently pegged at $6,003 million, which suggests a year-over-year increase of roughly 1.7%.
Neutral Hold Rating for Freeport-McMoRan Amidst High Capital Expenditure and Mixed Outlook
In a report released yesterday, Alexander Hacking from Citi maintained a Hold rating on Freeport-McMoRan (FCX – Research Report), with a price
Freeport-McMoRan: Swing Trade Potential Remains - Supply Tightness Likely To Ease
FCX's swing trade potential has been excellent, as observed in the established support and resistance levels, thanks to the ...
Freeport-McMoRan's copper production slips in Indonesia; shares fall
McMoRan posted a drop in fourth-quarter production on Thursday and said that its costs would rise more than expected this ...
Freeport-McMoRan, Clearway Energy And A Financial Stock On CNBC's 'Final Trades'
Bill Baruch of Blue Line Capital said copper is going higher and Freeport-McMoRan will follow after reporting Q4 revenue of ...
Investors Purchase Large Volume of Call Options on Freeport-McMoRan (NYSE:FCX)
Freeport-McMoRan Inc. (NYSE:FCX – Get Free Report) was the target of some unusual options trading on Thursday. Investors acquired 83,681 call options on the stock. This represents an increase of ...
Freeport-McMoRan beats Q4 profit estimates helped by higher copper prices
McMoRan beat fourth-quarter profit estimates on Thursday, as higher copper prices helped offset the impact of lower ...
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Freeport-McMoRan takes Wall Street hit after Q4 report
Phoenix-based copper mining giant Freeport-McMoRan Inc. had a mixed fourth quarter in 2024, with revenue coming up short of Wall Street analysts’ expectations but earnings beating them.
Freeport, Alcoa Stocks Fall. Tariff Worries Overshadow Strong Earnings.
Shares of commodity producers Alcoa and Freeport-McMoRan fell after the companies posted solid fourth-quarter earnings.
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Freeport-McMoRan Foundation Announces 2024 Grant County Community Investment Fund Recipients
Since 2012, $6.2 million has been invested through the Freeport-McMoRan Foundation Community Investment Fund in Grant County. The funds have been awarded to programs and projects that help foster ...