Freeport-McMoRan(US:FCX) ZACKS·2025-10-03 22:46Group 1: Stock Performance - Freeport-McMoRan (FCX) closed at $39.67, marking a +2.06% move from the prior day, outperforming the S&P 500 which gained 0.01% [1] - Over the past month, shares of Freeport-McMoRan have lost 15.63%, lagging behind the Basic Materials sector's gain of 5.58% and the S&P 500's gain of 4.83% [1] Group 2: Earnings Projections - Freeport-McMoRan is projected to report earnings of $0.43 per share, representing year-over-year growth of 13.16% [2] - The Zacks Consensus Estimate for revenue is projecting net sales of $6.63 billion, down 2.4% from the year-ago period [2] Group 3: Full Year Estimates - For the full year, earnings are projected at $1.6 per share and revenue at $26.03 billion, reflecting changes of +8.11% and +2.27% respectively from the preceding year [3] - Recent revisions to analyst estimates indicate evolving short-term business trends, with positive revisions suggesting optimism about the business outlook [3] Group 4: Valuation Metrics - Freeport-McMoRan has a Forward P/E ratio of 24.32, indicating a discount compared to its industry's Forward P/E of 26.24 [6] - The company's PEG ratio is currently 0.71, aligning with the Mining - Non Ferrous industry's average PEG ratio of 0.71 [6] Group 5: Industry Ranking - The Mining - Non Ferrous industry is part of the Basic Materials sector and holds a Zacks Industry Rank of 48, placing it in the top 20% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]