Freeport-McMoran (FCX) & Its Competitors Critical Comparison
Freeport-McMoran (NYSE: FCX) is one of 104 publicly-traded companies in the “Integrated Mining” industry, but how does it compare to its peers? We will compare Freeport-McMoran to similar businesses based on the strength of its analyst recommendations, dividends, earnings, valuation, risk, institutional ownership and profitability.
Institutional & Insider Ownership
67.9% of Freeport-McMoran shares are held by institutional investors. Comparatively, 37.0% of shares of all “Integrated Mining” companies are held by institutional investors. 1.3% of Freeport-McMoran shares are held by insiders. Comparatively, 12.1% of shares of all “Integrated Mining” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Volatility & Risk
Freeport-McMoran has a beta of 2.54, suggesting that its stock price is 154% more volatile than the S&P 500. Comparatively, Freeport-McMoran’s peers have a beta of 0.78, suggesting that their average stock price is 22% less volatile than the S&P 500.
This is a breakdown of current ratings and price targets for Freeport-McMoran and its peers, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Freeport-McMoran presently has a consensus target price of $15.40, suggesting a potential upside of 4.41%. As a group, “Integrated Mining” companies have a potential upside of 0.11%. Given Freeport-McMoran’s higher probable upside, equities analysts clearly believe Freeport-McMoran is more favorable than its peers.
Valuation and Earnings
This table compares Freeport-McMoran and its peers revenue, earnings per share (EPS) and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|Freeport-McMoran||$15.31 billion||$5.20 billion||20.77|
|Freeport-McMoran Competitors||$6.77 billion||$2.77 billion||-16.48|
Freeport-McMoran has higher revenue and earnings than its peers. Freeport-McMoran is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
This table compares Freeport-McMoran and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Freeport-McMoran beats its peers on 9 of the 13 factors compared.
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. The Company’s segments include the Morenci, Cerro Verde, Grasberg copper mines, the Rod & Refining operations and the United States (U.S.) Oil and Gas Operations. The Company has organized its operations into five divisions, which include North America copper mines, South America mining, Indonesia mining and Molybdenum mines. The Company’s portfolio of assets includes the Grasberg minerals district in Indonesia, copper and gold deposits, and mining operations in the Americas, including the large-scale Morenci minerals district in North America and the Cerro Verde operation in South America.
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