Freeport-McMoRan Copper & Gold
What analysts say:
- Buy, sell, or hold?: Analysts are bullish on this stock with 13 analysts rating it as a buy and only one rating it as a sell. Analysts like Freeport-McMoRan Copper & Gold better than competitor Newmont Mining overall. Analysts still rate the stock a Moderate buy, but they are a bit more wary about it compared to three months ago.
- Revenue Forecasts: On average, analysts predict $4.92 billion in revenue this quarter. That would represent a decline of 4.5% from the year-ago quarter.
- Wall Street Earnings Expectations: The average analyst estimate is earnings of $1.21 per share. Estimates range from 82 cents to $1.51.
What our community says:
CAPS All Stars are solidly behind the stock with 97.1% giving it an "outperform" rating. The community at large agrees with the All Stars with 96.6% awarding it a rating of "outperform." Fools are gung-ho about Freeport-McMoRan Copper & Gold and haven't been shy with their opinions lately, logging 1,878 posts in the past 30 days. Even with a robust four out of five stars, Freeport-McMoRan Copper & Gold's CAPS rating falls a little short of the community's upbeat outlook.
Management:
Freeport-McMoRan Copper & Gold's profit has risen year over year by an average of 59.2% over the past five quarters. The company increased its gross margin by 12 percentage points in the last quarter. Revenue rose 50.5% while cost of sales rose 20.7% to $2.82 billion from a year earlier.
Quarter | Q2 | Q1 | Q4 | Q3 |
Gross Margin | 51.4% | 53.4% | 57.1% | 50.1% |
Operating Margin | 47.4% | 51.4% | 55.3% | 48.5% |
Net Margin | 23.5% | 26.3% | 27.6% | 22.9% |
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