On Friday, Following Stocks were among the “Top 100 Losers” In U.S. Stock Exchange: McMoRan (NYSE:FCX), Bill Barrett (NYSE:BBG), ArcelorMittal SA (NYSE:MT), HMS Holdings (NASDAQ:HMSY)
On March 24, 2015 Freeport-McMoRan Inc (NYSE:FCX) uncovered that it has disclosed a cash dividend of $0.05 per share payable on May 1, 2015 to holders of record as of April 15, 2015 for its common stock. FCX’s Board of Directors reduced the quarterly dividend from the previous rate of $0.3125 per share in response to the impact of lower commodity prices. FCX’s Board reviews its financial policy on an ongoing basis and has a long-standing practice of distributing cash to shareholders. The Board anticipates increasing cash returns to shareholders as market and business conditions warrant.
Freeport-McMoRan Inc (NYSE:FCX) declined -3.59%, and closed at $18.80. The company has the market capitalization of $19.55 billion. The beta value of the stock is 2.25. On the other hand the stock’s volatility for the week is 3.83%, and for the month is 4.21%. The stock’s price to book ratio is $1.07, however price to sale ratio is $0.91. Analyst’s mean recommendation regarding this stock is 2.40. (Where 1=Buy, 5=Sale).
Freeport-McMoRan Inc (FCX) a natural resource company, holds in the acquisition of mineral assets, and oil and natural gas resources. It mostly explores for copper, gold, molybdenum, cobalt, silver, and other metals, as well as oil and gas.
Formerly On March 20, 2015 Bill Barrett Corporation (NYSE:BBG) has been advised by Deutsche Bank Trust Company Americas, the paying agent, that $24,764,900 aggregate principal amount of the notes were validly surrendered to the paying agent and not withdrawn. The Company has accepted all such notes for payment. In accordance with the terms of the indenture governing the notes, the Company has forwarded to the paying agent the appropriate amount of cash required to pay the total cash purchase price of approximately $24.8 million for the surrendered notes, including accrued interest, and the paying agent will distribute the cash to the holders as soon as practicable in accordance with the indenture governing the notes. After the offer, $579,100 aggregate principal amount of the notes is outstanding. The Company has the right, with at least 30 days’ notice, to call the remaining notes.
Bill Barrett Corporation (NYSE:BBG)’s shares picked down -3.52%, and closed at $8.23. The stock volatility for the week is 7.17%, while for the month remained 7.86%. The company holds consensus target price of $10.86.
If we consider EPS growth of the company, then the company indicated the following observations:
The company showed 0.25 diluted EPS growth for trailing twelve months. However, YTD EPS growth remained 107.60% and Annual EPS growth for the past 5 years is considered as -22.70%.
The mean recommendation of analysts for this stock is 3.00. (Where 1=Buy, 5=Sale).
Bill Barrett Corporation (BBG) an independent energy company, acquires, explores for, and develops oil and natural gas resources in the United States. It primarily holds interests in the Denver-Julesburg basin, the Uinta oil program in the Uinta Basin, and the Gibson Gulch area in the Piceance basin in the Rocky Mountain region of the United States.
ArcelorMittal SA (ADR) (NYSE:MT) decreased -3.50%, and closed at $9.65. The company holds the market capitalization of $15.97B. For the last twelve months, the stock was able to keep return on equity at -2.40%, while return on assets at -1.00%, in response to its return on investment at 4.20%. Its 20-day moving average decreased -7.31%, below 50-day moving average of -6.21%, below 200-day moving average of -23.29% from the latest market price of $9.65. The mean recommendation of analysts for this stock is 2.40. (Where 1=Buy, 5=Sale).
ArcelorMittal SA (ADR) (MT) along with its subsidiaries, works as an integrated steel and mining company worldwide. The company operates through five segments: NAFTA; Europe; Brazil and Neighboring Countries (Brazil); Africa & Commonwealth of Independent States (ACIS); and Mining. It produces finished and semi-finished steel products.
HMS Holdings Corp (NASDAQ:HMSY) fell -3.47%, and closed at $15.32. The stock has the beta value of 0.56, and its volatility for the week is 3.00%, while for the month it is 3.15%. The company has the market capitalization of $1.35 billion. The company holds the book value per share of 6.08, whereas cash per share is 1.51. Price to book ratio remained 2.52, while price to sale ratio is 3.05. Analysts mean recommendation for the stock is said to be 1.20 (where 1=Buy, 5=sale).
HMS Holdings Corp (HMSY), along its subsidiaries, offers healthcare insurance benefit cost containment services in the United States. The company’s coordination of benefits services provide cost avoidance services that offer validated insurance coverage information, which is used by government-sponsored payers to coordinate benefits for incoming claims; payment integrity services to identify improper payments on a pre-payment and post-payment basis, identify and recover overpayments, detect and prevent fraud and abuse, and identify process improvements; and eligibility verification services comprising asset and income verification, premium assistance, dependent eligibility audits, and other verification solutions.
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