McMoran's Freeport Performance is Predicted to Not Sparkle
8:00 PM
Add Comment
Freeport-McMoRan Copper & Gold lnc shares. recently touched the lowest level in the last two years. This stock price declined due to global sentiment in line with the decline in commodity inflation and China's economy.
Quoting Yahoo Finance on Sunday (1/20), the projected sales price of gold, copper and metals worth US $ 17 billion. This value dropped 22.7% yearly or year on year (yoy) to US $ 14.5 billion in 2019.
This company from Freeport Indonesia will report its annual performance on January 24. But analysts from Zack Investment projected a decline in revenue in the fourth quarter of 2018.
Analysts said there was a correction of revenue up to 23.7% compared to performance during 2017. It is estimated that the company with FCX stock code in the US capital market only pocketed revenues of US $ 3.85 billion in 2018.
Not only that, the income per share was projected to decline. Analysts expect a decline of up to 57% to US $ 0.22 per share. The consensus from analysts has been to revise earnings per share to 17.24% lower over the past 30 days from current levels.
Analysts also advise investors to be careful considering the direction of the estimation analysis including analysts is not always reflected in aggregate change. While Freeport might give a positive surprise to the market and against analyst expectations.
However, investors still have to pay attention that global growth is still vulnerable, especially the reflection of China and Europe is now closer to economic recession.
Although there is hope that the Chinese economy can improve after the government and local regulators provide a stimulus for the economy. But analysts also believe this does not fully help Freeport's prospects and revenues during the first half of 2019.
IN INDONESIAN
Kinerja Freeport McMoran Diprediksi Tidak Berkilau
Saham Freeport-McMoRan Copper & Gold lnc. baru-baru ini menyentuh level terendah dalam dua tahun terakhir. Harga saham ini menurun lantaran sentimen global sejalan dengan semakin menurunnya inflasi komoditas dan perekonomian China.
Mengutip Yahoo Finance pada Minggu (20/1), proyeksi harga penjualan emas, tembaga, dan logam senilai US$17 miliar. Nilai ini merosot 22,7% secara tahunan atau year on year (yoy) menjadi US$ 14,5 miliar di 2019.
lnduk perusahaan dari Freeport Indonesia ini akan melaporkan kinerja tahunan pada 24 Januari mendatang. Namun analis dari Zack Investment memproyeksikan penurunan pendapatan pada kuartal keempat 2018.
Analis berpendapat terdapat koreksi pendapatan hingga 23,7% dibandingkan kinerja sepanjang 2017. Diperkirakan perusahaan dengan kode saham FCX di pasar modal AS ini hanya mengantongi pendapatan senilai US$ 3,85 miliar di tahun 2018.
Tidak hanya itu, penghasilan per saham pun diproyeksi turun. Analis memperkirakan ada penurunan hingga 57% menjadi US$ 0,22 per saham. Konsensus dari analis telah merevisi penghasilan per saham hingga 17,24% lebih rendah selama 30 hari terakhir dari level saat ini.
Para analis pun menyarankan investor berhati-hati mengingat arah analisis estimasi dengan meliputi analis tidak selalu tercermin dalam perubahan agregat. Sementara Freeport mungkin saja memberikan kejutan positif ke pasar dan melawan ekspektasi para analis.
Namun, investor tetap harus memperhatikan bahwa pertumbuhan global masih rawan apalagi cerminan dari China dan Eropa saat ini lebih dekat ke resesi ekonomi.
Meskipun ada harapan perekonomian China dapat membaik pasca pemerintah dan regulator setempat memberikan stimulus bagi perekonomian. Namun analis juga yakin ini tidak sepenuhnya membantu prospek dan pendapatan Freeport selama paruh pertama tahun 2019 ini.
Kontan, Page-19, Monday, Jan 21, 2019
0 Response to "McMoran's Freeport Performance is Predicted to Not Sparkle"
Post a Comment