Freeport-McMoran's (FCX) "Sector Perform" Rating Reiterated at RBC Capital Markets

BlueMountain Capital Management LLC now owns 26,461 shares of the natural resource company's stock valued at $318,000 after purchasing an additional 6,651,458 shares during the period. Freeport now has $28.24B valuation. Freeport-McMoran Copper & Gold has $29 highest and $5 lowest target. Freeport-McMoRan Inc. (NYSE:FCX) has risen 6.83% since January 9, 2017 and is uptrending. It has underperformed by 3.46% the S&P500. The Prince Street Capital Management Llc holds 537,500 shares with $7.55 million value, down from 2.69 million last quarter. The company has market cap of $43.22 billion.

Freeport-McMoRan Inc (FCX) is a mining company.

FCX has been the topic of a number of research analyst reports.

Now focusing our attention on earnings data, we were able to identify that EPS consensus estimate for Symantec Corporation (NASDAQ:SYMC) for the current quarter stands at $0.29. FCX's profit would be $622.45M giving it 11.00 P/E if the $0.43 EPS is correct.

(NYSE:FCX)'s Buy count is 0 and Strong Buy is 4 while the number of analysts recommending Sell and Strong Sell are 1 and 8, respectively. Therefore 22% are positive. Freeport-McMoran Copper & Gold had 92 analyst reports since July 28, 2015 according to SRatingsIntel. The company was formerly known as Freeport-McMoRan Copper & Gold Inc. and later changed its name to Freeport-McMoRan Inc. (NYSE:FCX) is a huge mover today! The rating was upgraded by Zacks on Monday, September 21 to "Hold".

The TTM operating margin for the company stands at 17.5%. The rating was maintained by Jefferies on Wednesday, October 4 with "Buy". FBR Capital maintained Freeport-McMoRan Inc. The firm has "Buy" rating by Deutsche Bank given on Monday, August 31.

Since August 21, 2017, it had 0 insider purchases, and 1 insider sale for $15,435 activity. (NYSE:FCX) was sold by WHITMIRE C DONALD JR. Griffin Asset Management owns 52,415 shares. Narrowing our focus to the previous 1 month, the shares have been down by -3.34%.

Investors sentiment is 1 in Q3 2017. Its the same as in 2017Q2. 961.13 million shares or 0.14% less from 962.50 million shares in 2017Q2 were reported. Da Davidson & holds 0.02% or 13,558 shares in its portfolio. Tcw Group Inc Inc reported 5.50 million shares. Wetherby Asset Mgmt reported 25,420 shares or 0.05% of all its holdings. While for the Next 5 years, the company could expect a growth of 72.42% per annum, whereas in the past Five years Freeport-McMoRan Inc. (NYSE:IEX) by 114,720 shares in the quarter, leaving it with 1.02M shares, and cut its stake in Tenneco Inc (NYSE:TEN). Finally, Contrarius Investment Management Ltd lifted its position in shares of Freeport-McMoRan by 700.5% during the 2nd quarter. Freeport-McMoRan Inc. (NYSE:FCX) has a 20-Day average volume of 21.47 Million. (NYSE:FCX). Lincoln Corp, Pennsylvania-based fund reported 11,678 shares. Columbus Circle invested 0.04% of its portfolio in Henry Schein, Inc. Amalgamated Bancshares owns 0.07% invested in Freeport-McMoRan Inc. (NYSE:FCX) for 2.00M shares. San Francisco Sentry Investment Grp (Ca) reported 0.04% in Freeport-McMoRan Inc. Freeport-McMoRan earned a media sentiment score of 0.19 on Accern's scale. Range Resources Corporation (NYSE:RRC) has declined 36.05% since January 11, 2017 and is downtrending. Bollard Gp Lc holds 44 shares or 0% of its portfolio. STRA's SI was 1.00M shares in January as released by FINRA. During the same quarter in the previous year, the firm earned $0.13 EPS. Their projections for the Next Quarter growth is 206.7 percent. It increased, as 47 investors sold HSIC shares while 15 reduced holdings. The firm has "Mkt Perform" rating given on Friday, February 24 by Keefe Bruyette & Woods. 7 of them rate its stock a hold. The company was maintained on Sunday, December 3 by RBC Capital Markets. (NYSE:FCX) has "Outperform" rating given on Monday, May 16 by Cowen & Co.

Ubs Oconnor Llc, which manages about $12.67 billion and $4364.22B US Long portfolio, decreased its stake in Amdocs L (NASDAQ:DOX) by 34,326 shares to 444,566 shares, valued at $28.59 billion in 2017Q3, according to the filing. Pampa Energia S A (NYSE:PAM) was raised too. One Association reported 0.02% stake. In terms of volatility, it has a beta coefficient of 2.61 and technical analysis volatility indicator called Average True Range or ATR around 0.51. Virtu Financial Limited Com owns 41,592 shares. Macquarie Ltd holds 0% or 39,116 shares in its portfolio. Shikiar Asset accumulated 112,350 shares. 66 funds opened positions while 377 raised stakes. Tudor Corporation Et Al reported 146,574 shares. FBR Capital maintained Freeport-McMoRan Inc. (NYSE:FCX) for 1.71M shares. Rockefeller Financial Services reported 36 shares. Tradewinds Cap Management Limited Liability Company owns 769 shares for 0.01% of their portfolio. Gemmer Asset Lc has 346 shares for 0.01% of their portfolio.