Fluor Corporation (NYSE: FLR) has a higher price-to-earnings ratio of 21.56x compared to its average ratio, The 36-month beta value for FLR is at 1.91. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 2 rating it as “overweight,” 10 as “hold,” and 1 as “sell.”
The public float for FLR is 169.16M, and currently, shorts hold a 4.04% of that float. The average trading volume for FLR on October 08, 2024 was 1.53M shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
FLR) stock’s latest price update
The stock of Fluor Corporation (NYSE: FLR) has decreased by -0.69 when compared to last closing price of 50.64.Despite this, the company has seen a gain of 7.18% in its stock price over the last five trading days. zacks.com reported 2024-10-02 that BRFS, CF, and FLR made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 2, 2024.
FLR’s Market Performance
FLR’s stock has risen by 7.18% in the past week, with a monthly rise of 13.91% and a quarterly rise of 12.33%. The volatility ratio for the week is 2.95% while the volatility levels for the last 30 days are 2.47% for Fluor Corporation The simple moving average for the last 20 days is 6.52% for FLR’s stock, with a simple moving average of 18.18% for the last 200 days.
Analysts’ Opinion of FLR
Many brokerage firms have already submitted their reports for FLR stocks, with KeyBanc Capital Markets repeating the rating for FLR by listing it as a “Overweight.” The predicted price for FLR in the upcoming period, according to KeyBanc Capital Markets is $57 based on the research report published on July 17, 2024 of the current year 2024.
Truist, on the other hand, stated in their research note that they expect to see FLR reach a price target of $46. The rating they have provided for FLR stocks is “Buy” according to the report published on March 14th, 2024.
FLR Trading at 5.69% 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 -2.61% of loss for the given period.
Volatility was left at 2.47%, however, over the last 30 days, the volatility rate increased by 2.95%, as shares surge +14.31% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.39% upper at present.
During the last 5 trading sessions, FLR rose by +7.08%, which changed the moving average for the period of 200-days by +28.72% in comparison to the 20-day moving average, which settled at $47.21. In addition, Fluor Corporation saw 28.39% 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 Brennan Joseph L, who sale 11,619 shares at the price of $50.30 back on Oct 07 ’24. After this action, Brennan Joseph L now owns 41,908 shares of Fluor Corporation, valued at $584,401 using the latest closing price.
Brennan Joseph L, the EVP, CHIEF FINANCIAL OFFICER of Fluor Corporation, sale 4,012 shares at $50.01 during a trade that took place back on Oct 04 ’24, which means that Brennan Joseph L is holding 53,527 shares at $200,622 based on the most recent closing price.
Stock Fundamentals for FLR
Current profitability levels for the company are sitting at:
- 0.02 for the present operating margin
- 0.04 for the gross margin
The net margin for Fluor Corporation stands at 0.03. The total capital return value is set at 0.09. Equity return is now at value 20.92, with 6.07 for asset returns.
Based on Fluor Corporation (FLR), the company’s capital structure generated 0.35 points at debt to capital in total, while cash flow to debt ratio is standing at 0.42. The debt to equity ratio resting at 0.53. The interest coverage ratio of the stock is 15.7.
Currently, EBITDA for the company is 555.0 million with net debt to EBITDA at -2.9. When we switch over and look at the enterprise to sales, we see a ratio of 0.45. The receivables turnover for the company is 7.88for trailing twelve months and the total asset turnover is 2.31. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.77.
Conclusion
In conclusion, Fluor Corporation (FLR) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
