Freeport-McMoRan (NYSE:FCX) Earns Media Sentiment Rating of 0.19
News coverage about Freeport-McMoRan (NYSE:FCX) has been trending somewhat positive this week, Accern Sentiment reports. Accern ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Freeport-McMoRan earned a news impact score of 0.19 on Accern’s scale. Accern also assigned news articles about the natural resource company an impact score of 45.6844634663853 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the media stories that may have impacted Accern Sentiment’s rankings:
- Analysts Expect Freeport-McMoRan Inc (FCX) to Post $0.55 Earnings Per Share (americanbankingnews.com)
- Freeport-McMoRan Copper & Gold (FCX) Q4 2017 Earnings Conference Call Transcript (fool.com)
- Freeport-McMoRan (FCX) Rating Reiterated by Bank of America (americanbankingnews.com)
- Short Term Technical Analysis: Range Resources Corporation (RRC), Freeport-McMoRan Inc. (FCX) – Market Movers (financialqz.com)
- These stocks are reaping the rewards of the dollar selloff (finance.yahoo.com)
Shares of Freeport-McMoRan (NYSE FCX) opened at $19.51 on Monday. The company has a quick ratio of 1.37, a current ratio of 2.14 and a debt-to-equity ratio of 1.04. The company has a market cap of $28,285.91, a price-to-earnings ratio of 15.76 and a beta of 2.53. Freeport-McMoRan has a twelve month low of $11.05 and a twelve month high of $20.25.
A number of equities research analysts have recently issued reports on FCX shares. Zacks Investment Research raised shares of Freeport-McMoRan from a “hold” rating to a “buy” rating and set a $16.00 target price on the stock in a report on Tuesday, October 10th. CIBC cut shares of Freeport-McMoRan from a “sector outperform” rating to a “neutral” rating in a report on Monday, January 22nd. ValuEngine upgraded shares of Freeport-McMoRan from a “hold” rating to a “buy” rating in a research note on Thursday, October 26th. FBR & Co reiterated a “hold” rating and issued a $12.00 price target on shares of Freeport-McMoRan in a research note on Thursday, October 26th. Finally, Jefferies Group reiterated a “buy” rating and issued a $19.00 price target (down previously from $23.00) on shares of Freeport-McMoRan in a research note on Wednesday, October 4th. Three research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. Freeport-McMoRan presently has an average rating of “Hold” and an average price target of $15.90.
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Freeport-McMoRan Company Profile
Freeport-McMoRan Inc (FCX) is a mining company. The Company operates through geographical assets with proven and probable reserves of copper, gold and molybdenum, and traded copper producer. The Company’s segments include refined copper products, copper in concentrate, gold, molybdenum, oil and other.
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