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Freeport-McMoRan Inc. (0R2O.L)
| Previous close | 28.33 |
| Open | 28.49 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 27.68 - 28.49 |
| 52-week range | 26.23 - 46.38 |
| Volume | |
| Avg. volume | 70,047 |
| Market cap | 415.437M |
| Beta (5Y monthly) | 2.06 |
| PE ratio (TTM) | 0.08 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Simply Wall St.
A Look At The Intrinsic Value Of Freeport-McMoRan Inc. (NYSE:FCX)
Key Insights The projected fair value for Freeport-McMoRan is US$55.05 based on 2 Stage Free Cash Flow to Equity...
- Yahoo Finance Video
Do markets even need rate cuts with strong fundamentals?
Recent inflation data has complicated the path ahead for the Federal Reserve, with the timeline for interest rate cuts unclear. Kestra Investment Management CIO Kara Murphy and Spear Invest Founder and CIO Ivana Delevska join Market Domination to help investors navigate the bigger picture amid uncertain economic conditions. Murphy points out the strength in the market despite Fed expectations: "Economic growth has been stronger, corporate earnings have been stronger. What we're finding is that there's some really good fundamental underpinning for the strength in equities, so yes, it might be a bit of a disappointment that we don't get the Fed rate cuts, but the fact is the economy just doesn't need it." Delevska claims the market can reach new heights thanks to a shift to earnings: "We cover the technology sectors specifically, so we didn't like some of the more cyclical areas like semiconductors, you will see explosive growth, because earnings have really been under pressure, anywhere you look outside of AI. Then on the softer side, you're not going to see as being earning surprises, but those companies have really struggled to keep up their high-growth numbers. I think that is going to really change as we get into the second half." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
- Yahoo Finance Video
BlackBerry, Freeport-McMoRan, Kimberly-Clark: Top Stocks
BlackBerry (BB) announced a proposal for $160 million worth of convertible notes to help alleviate near-term financing concerns for the company. Shares of Freeport-McMoRan (FCX) close 4% on Wednesday as the company released better-than-expected fourth-quarter earnings, with an adjusted EPS of $0.27. Kimberly-Clark (KMB) reported fourth-quarter earnings, missing out on Wall Street expectations, causing shares of the stock to drop over 5% on Wednesday. For the 2024 fiscal year, the company only expects organic sales to grow in the low to mid-single digits year-over-year. Yahoo Finance Anchors Josh Lipton and Julie Hyman break down the latest developments for these companies and what it means for them moving forward. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino
