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Fortescue Ltd. Sponsored ADR (FSUGY)

(Delayed Data from OTC)

$26.39 USD

26.39
7,875

+1.42 (5.69%)

Updated Nov 7, 2024 10:32 AM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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4-Sell of 5       4  

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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A Value B Growth D Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 32% (170 out of 251)

Industry: Mining - Miscellaneous

Zacks News

Fortescue Inks $2.8B Deal to Buy Zero Emission Machines From Liebherr

FSUGY is set to buy 475 emissions-free machines from Liebherr for $2.8 billion. It aims to decarbonize its entire iron ore mining operations by 2030.

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VALE Moves Above 50-Day SMA on CEO Appointment: Time to Buy the Stock?

VALE shares gain on the announcement of Gustavo Pimenta as the CEO. We analyze whether this is a good time to invest in the stock.

Fortescue FY24 Earnings & Revenues Improve Y/Y on Higher Prices

FSUGY's fiscal 2024 revenues, EBITDA and earnings improve year over year due to higher hematite average prices despite flat shipments.

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VALE Declines 34.3% YTD: How Should You Play the Stock?

VALE's YTD share price performance has been unimpressive. We assess the stock to determine whether it presents a good investment opportunity.

New Strong Sell Stocks for July 29th

CNNE, CRGY and FSUGY have been added to the Zacks Rank #5 (Strong Sell) List on July 29, 2024.

Rio Tinto (RIO) Invests in R&D Facility for BioIron Testing

Rio Tinto (RIO) is building a research and development facility in Western Australia to test the BioIron process, which is expected to aid in decarbonizing the global steel value chain.

Fortescue Ltd. Sponsored ADR (FSUGY) Upgraded to Strong Buy: Here's Why

Fortescue Ltd. Sponsored ADR (FSUGY) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

New Strong Buy Stocks for April 22nd

OFG, GFI, FSUGY, BMI and FHN have been added to the Zacks Rank #1 (Strong Buy) List on April 22, 2024

Best Income Stocks to Buy for April 22nd

FSUGY, FHN and GFI made it to the Zacks Rank #1 (Strong Buy) income stocks list on April 22, 2024.

Fortescue Metals Group Ltd. (FSUGY) Upgraded to Strong Buy: Here's What You Should Know

Fortescue Metals Group Ltd. (FSUGY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Fortescue Metals Group Ltd. (FSUGY) Could Find a Support Soon, Here's Why You Should Buy the Stock Now

Fortescue Metals Group Ltd. (FSUGY) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.

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Is This a Good Time to Invest in Dividend Stocks?

Dividends may not be the only things you should be hunting for.

Fortescue Metals Group Ltd. (FSUGY) Upgraded to Buy: Here's Why

Fortescue Metals Group Ltd. (FSUGY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Fortescue Metals (FSUGY) FY22 Earnings Lag Estimates, Fall Y/Y

Fortescue Metals' (FSUGY) revenues and earnings in fiscal 2022 plunge year over year despite higher shipments, mainly affected by lower iron ore prices.

Are Basic Materials Stocks Lagging Alpha Metallurgical Resources (AMR) This Year?

Here is how Alpha Metallurgical (AMR) and Fortescue Metals Group Ltd. (FSUGY) have performed compared to their sector so far this year.

Has BASF SE (BASFY) Outpaced Other Basic Materials Stocks This Year?

Here is how BASF SE (BASFY) and Fortescue Metals Group Ltd. (FSUGY) have performed compared to their sector so far this year.

Rio Tinto (RIO) '21 Iron Ore Shipments & Production Down Y/Y

Rio Tinto's (RIO) iron ore shipments in 2021 were lower than the prior year due to above-average rainfall in the first half. It expects iron ore shipments to be 320-335 million tons in 2022.

New Strong Sell Stocks for December 29th

B, FPI, CGNX, AMED, and FSUGY have been added to the Zacks Rank #5 (Strong Sell) List on December 29, 2021.

Vale (VALE) Trims Iron Ore Production Guidance for 2021

Vale S.A (VALE) lowers the top end of its 2021 iron ore production guidance to 320 million tons from 335 million tons, while maintaining the lower end at 315 million tons.

BHP Group (BHP) & Woodside Set to Finalize Petroleum Merger

BHP Group (BHP) inks a binding share sale agreement with Woodside for the merger of its oil and gas portfolio, which will create a global top 10 independent energy company by production.

Fortescue (FSUGY) Targets Net Zero Scope 3 Emissions by 2040

Fortescue Metals Group (FSUGY) sets an industry leading target to achieve net zero Scope 3 emissions by 2040.

The Zacks Analyst Blog Highlights: Rio Tinto, BHP Group, Vale and Fortescue Metals Group

The Zacks Analyst Blog Highlights: Rio Tinto, BHP Group, Vale and Fortescue Metals Group

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Iron Ore Prices Fall Below $100 per Ton on Weak Demand in China

Iron ore prices have lost 34% of its value year to date as China's initiatives to clean up its highly-polluting steel sector have hurt iron ore prices.

New Strong Sell Stocks for September 7th

ASRT, GLDD, MOGO, XPO, and FSUGY have been added to the Zacks Rank #5 (Strong Sell) List on September 7, 2021

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3 Stocks to Watch as Iron Ore Price Soars Above $200 a Ton

With iron ore prices riding on strong demand in China, it will be wise to keep an eye on iron ore producers like BHP Group (BHP), Rio Tinto (RIO) and Vale (VALE), which are poised to benefit from this rally.