In the past week, FLR stock has gone up by 1.77%, with a monthly decline of -1.08% and a quarterly surge of 5.33%. The volatility ratio for the week is 2.48%, and the volatility levels for the last 30 days are 2.72% for Fluor Corporation The simple moving average for the past 20 days is -1.94% for FLR’s stock, with a 9.52% simple moving average for the past 200 days.
Is It Worth Investing in Fluor Corporation (NYSE: FLR) Right Now?
The price-to-earnings ratio for Fluor Corporation (NYSE: FLR) is above average at 81.78x. The 36-month beta value for FLR is also noteworthy at 2.12. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 2 rating it as “overweight,” 10 rating it as “hold,” and 1 rating it as “sell.”
The public float for FLR is 167.98M, and at present, short sellers hold a 4.21% of that float. The average trading volume of FLR on April 25, 2024 was 1.63M shares.
FLR) stock’s latest price update
Fluor Corporation (NYSE: FLR) has experienced a decline in its stock price by -0.17 compared to its previous closing price of 40.37. However, the company has seen a gain of 1.77% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-23 that Fluor (FLR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Analysts’ Opinion of FLR
Many brokerage firms have already submitted their reports for FLR stocks, with Truist repeating the rating for FLR by listing it as a “Buy.” The predicted price for FLR in the upcoming period, according to Truist is $46 based on the research report published on March 14, 2024 of the current year 2024.
UBS gave a rating of “Buy” to FLR, setting the target price at $47 in the report published on October 04th of the previous year.
FLR Trading at 2.09% from the 50-Day Moving Average
After a stumble in the market that brought FLR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.80% of loss for the given period.
Volatility was left at 2.72%, however, over the last 30 days, the volatility rate increased by 2.48%, as shares sank -1.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.80% lower at present.
During the last 5 trading sessions, FLR rose by +1.77%, which changed the moving average for the period of 200-days by +35.55% in comparison to the 20-day moving average, which settled at $41.06. In addition, Fluor Corporation saw 2.88% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FLR starting from Dillow Stacy L, who sale 20,000 shares at the price of $30.30 back on Jun 07 ’23. After this action, Dillow Stacy L now owns 75,929 shares of Fluor Corporation, valued at $606,088 using the latest closing price.
Stock Fundamentals for FLR
Current profitability levels for the company are sitting at:
- 0.03 for the present operating margin
- 0.03 for the gross margin
The net margin for Fluor Corporation stands at 0.01. The total capital return value is set at 0.11. Equity return is now at value 7.41, with 2.00 for asset returns.
Based on Fluor Corporation (FLR), the company’s capital structure generated 0.38 points at debt to capital in total, while cash flow to debt ratio is standing at 0.18. The debt to equity ratio resting at 0.62. The interest coverage ratio of the stock is 13.81.
Currently, EBITDA for the company is 555.0 million with net debt to EBITDA at -2.72. When we switch over and look at the enterprise to sales, we see a ratio of 0.36. The receivables turnover for the company is 7.27for trailing twelve months and the total asset turnover is 2.22. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.60.
Conclusion
In summary, Fluor Corporation (FLR) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
