Lookout for Price Target? Waters Corp. (WAT), Freeport-McMoRan Inc. (FCX)

Freeport shares off to the races on Grasberg update

In most recent quarter, LT Debt/Equity ratio was listed at 2.45 and Total Debt/Equity ratio was noted at 2.65.

Several other hedge funds and other institutional investors have also modified their holdings of FCX. (NYSE:FCX) presently has a Gross Margin (Marx) ratio of 0.124508. The Quantitative Investment Management Llc holds 1.14M shares with $14.97M value, up from 495,200 last quarter.

TRADEMARK VIOLATION NOTICE: "Freeport-McMoRan Inc (FCX) Downgraded to "Buy" at Vetr Inc." was originally posted by Transcript Daily and is the sole property of of Transcript Daily. The high and low revenue estimates for the current quarter are $4.28 Billion and $3.04 Billion, respectively. With 25,400 avg volume, 4 days are for Fuel Tech Incorporated (NASDAQ:FTEK)'s short sellers to cover FTEK's short positions. The stock's price fluctuated within the range of $12.03 - $12.48 during previous trading session.

01/30/2017 - Freeport-McMoran Copper & Gold, Inc. had its "equal-weight" rating reiterated by analysts at Barclays.

FCX has a 1-year high price of $ 17.06 and 1-year low price of $9.24. Mitsubishi UFJ Kokusai Asset Management Co. Following the completion of the sale, the chief operating officer now directly owns 37,763 shares in the company, valued at approximately $575,508.12. ROIC may be a good measure to view when examining whether or not a company is able to invest wisely. Finally, Jefferies Group LLC increased their price objective on Freeport-McMoRan to $16.00 and gave the company a "buy" rating in a research note on Tuesday, March 28th. The company has market cap of $23.10 million. The firm has a 50-day moving average price of $12.84 and a 200 day moving average price of $13.54. The nimble investor can leverage our analysis and collective expertise to execute a disciplined approach to stock selection. This is an increase of 134% compared to the typical volume of 17,848 call options. The natural resource company reported $0.15 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.16 by $0.01. Revenue for the quarter came in at $228.7 million versus the consensus estimate of $239.22 million.

The present return on equity (ROE) stands at -89.90%, while the debt to equity is at 2.65.

Freeport-McMoRan Inc. (NYSE:FCX) yearly performance is 6.16% and net profit margin is -28.00%.

TRADEMARK VIOLATION WARNING: This story was posted by BBNS and is owned by of BBNS. If you are accessing this report on another publication, it was illegally stolen and republished in violation of United States and global trademark and copyright legislation.

03/21/2017 - Freeport-McMoran Copper & Gold, Inc. was upgraded to "hold" by analysts at Deutsche Bank.

A number of equities research analysts have recently issued reports on FCX shares. The stock of Freeport-McMoRan Inc (NYSE:FCX) has "Mkt Perform" rating given on Friday, September 18 by FBR Capital. Price changes in a company's bonds in credit markets sometimes anticipate parallel changes in its share price.

03/22/2017 - Freeport-McMoran Copper & Gold, Inc. was upgraded to "hold" by analysts at Berenberg Bank. The stock is now trading with a distance of 20-Day Simple Moving Average (SMA20) of -5.01%.

In other Freeport-McMoRan news, Director Jon C/ Madonna sold 14,000 shares of the stock in a transaction on Wednesday, February 1st. Analysts mean target price for Avid Technology, Inc. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Shares for $1.18 million were sold by Conger Harry M. IV. The shares were sold at an average price of $15.24, for a total value of $1,181,100.00.

New rules in Indonesia require miners to divest a 51 percent stake in their operations, relinquish arbitration rights and pay new taxes and royalties. The disclosure for this sale can be found here. At recent closing price of $5.51, CHK has a chance to add $1.66 or 30.13% in 52 weeks, based on mean target price ($7.17) placed by analysts.The analyst consensus opinion of 2.8 looks like a hold.

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