Breaking News Bar

Business News and Information

Stock Update: Freeport-McMoRan Copper & Gold Inc (NYSE:FCX) – March 28 Deadline Alert: Law Offices of Howard G. Smith Reminds Freeport-McMoRan Inc. Investors of Upcoming Lead Plaintiff Deadline and Encourage Investors with Losses over $1 Million to Contact the Firm

[Business Wire] – Law Offices of Howard G. Smith reminds investors of the upcoming March 28, 2016 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased Freeport-McMoRan Inc. Read more on this. Freeport-McMoRan Inc. (FCX) , valued at $12.70B, started the session at $10.57. During today’s session, FCX traded between $10.05 to $10.72 and has traded between $3.52 and $23.97 over the past year. FCX shares are currently priced at 108.00x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s -1.98x earnings multiple. Consensus earnings for the current quarter by the 15 sell-side analysts covering the stock is an estimate of $-0.19 per share, which would be $0.00 better than the year-ago quarter and a $0.02 sequential increase. What we find to be interesting is that the full-year EPS estimate of $0.10 is a $0.18 improvement when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $3.45 Billion. If reported, that would be a 16.87% decrease over the year-ago quarter. More recently, BofA/Merrill upgraded FCX from Underperform to Neutral (Mar 1, 2016). Previously, Berenberg Initiated FCX at to Hold. Investors should keep in mind is that the average price target is $6.90, which is 34.72% below where the stock opened this morning. See more in (NYSE:FCX) Similar Articles: Market Update: Freeport-McMoRan Copper & Gold Inc (NYSE:FCX) – INVESTOR ALERT: The Law Offices of Vincent Wong Remind Investors of Class Action Involving Freeport-McMoRan Inc. and a Lead Plaintiff Deadline of March 28, 2016 – FCX Stock Update: Freeport-McMoRan Copper & Gold Inc (NYSE:FCX) – STOCK ALERT: Rosen Law Firm Reminds Freeport-McMoRan Inc. Investors of the Important Deadline in Class Action – FCX Company Update: Freeport-McMoRan Copper & Gold Inc (NYSE:FCX) – SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders With Losses on Their Investment in Freeport-McMoRan Inc. of Class Action Lawsuit and Upcoming Deadline – FCX
Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
bottom clear