From Nasdaq: 2025-04-21 23:25:00

Freeport-McMoRan (NYSE:FCX) stock is fairly priced at around $33, with concerns about weak operating performance and financial condition. Compared to the S&P 500, FCX looks slightly cheap with a price-to-sales ratio of 1.9. Revenues have grown marginally, with an average rate of 3.8% over the last 3 years.

Profit margins for Freeport-McMoRan are at a median level, with an operating margin of 27.0% in the last four quarters. The company’s balance sheet appears stable, with a moderate Debt-to-Equity Ratio of 20.2% and a Cash-to-Assets Ratio of 7.2%.

FCX stock has fared worse than the S&P 500 during recent downturns, including the Inflation Shock of 2022 and the Covid Pandemic in 2020. Overall, Freeport-McMoRan’s performance is rated as neutral across various parameters, supporting the conclusion that it is an ambivalent stock to buy.



Read more at Nasdaq: Buy Or Fear Freeport-McMoRan Stock?