As of close of business last night, Fluor Corporation’s stock clocked out at $35.45, down -4.24% from its previous closing price of $37.02. In other words, the price has decreased by -$1.57 from its previous closing price. On the day, 2566247 shares were traded.
Ratios:
To gain a deeper understanding of FLR’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 59.81. For the most recent quarter (mrq), Quick Ratio is recorded 1.60 and its Current Ratio is at 1.60. In the meantime, Its Debt-to-Equity ratio is 0.67 whereas as Long-Term Debt/Eq ratio is at 0.65.
On October 04, 2023, UBS Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $35 to $47.
DA Davidson Upgraded its Neutral to Buy on November 07, 2022, whereas the target price for the stock was revised from $25 to $40.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jun 07 when Dillow Stacy L sold 20,000 shares for $30.30 per share. The transaction valued at 606,088 led to the insider holds 75,929 shares of the business.
Breuer James R sold 4,000 shares of FLR for $151,231 on Mar 03. The Group President now owns 41,742 shares after completing the transaction at $37.81 per share.
Valuation Measures:
As of this moment, Fluor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 71.94, and their Forward P/E ratio for the next fiscal year is 11.26. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.27. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.39 while its Price-to-Book (P/B) ratio in mrq is 3.11. Its current Enterprise Value per Revenue stands at 0.32 whereas that against EBITDA is 10.27.
Stock Price History:
Over the past 52 weeks, FLR has reached a high of $43.24, while it has fallen to a 52-week low of $25.69. The 50-Day Moving Average of the stock is 38.58, while the 200-Day Moving Average is calculated to be 34.51.
Shares Statistics:
It appears that FLR traded 1.76M shares on average per day over the past three months and 2.62M shares per day over the past ten days. A total of 170.41M shares are outstanding, with a floating share count of 167.84M. Insiders hold about 1.51% of the company’s shares, while institutions hold 88.90% stake in the company. Shares short for FLR as of Jan 31, 2024 were 5.98M with a Short Ratio of 3.41, compared to 6.08M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 3.51% and a Short% of Float of 4.81%.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.28. The current Payout Ratio is 0.00% for FLR, which recently paid a dividend on Apr 02, 2020 with an ex-dividend date of Feb 28, 2020. Stock splits for the company last occurred on Jul 17, 2008 when the company split stock in a 2:1 ratio.
Earnings Estimates
As of right now, 6 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.56 for the current quarter, with a high estimate of $0.63 and a low estimate of $0.46, while EPS last year was $0.28. The consensus estimate for the next quarter is $0.67, with high estimates of $0.74 and low estimates of $0.58.
Analysts are recommending an EPS of between $3.04 and $2.44 for the fiscal current year, implying an average EPS of $2.82. EPS for the following year is $3.13, with 9 analysts recommending between $3.4 and $2.85.
Revenue Estimates
In the current quarter, 5 analysts expect revenue to total $4.03B. It ranges from a high estimate of $4.34B to a low estimate of $3.86B. As of the current estimate, Fluor Corporation’s year-ago sales were $3.75B, an estimated increase of 7.50% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $4.4B, an increase of 11.60% over than the figure of $7.50% in the same quarter last year. There is a high estimate of $4.91B for the next quarter, whereas the lowest estimate is $4.06B.
A total of 9 analysts have provided revenue estimates for FLR’s current fiscal year. The highest revenue estimate was $17.8B, while the lowest revenue estimate was $16.3B, resulting in an average revenue estimate of $17.41B. In the same quarter a year ago, actual revenue was $15.47B, up 12.50% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $18.71B in the next fiscal year. The high estimate is $20.46B and the low estimate is $16.66B. The average revenue growth estimate for next year is up 7.50% from the average revenue estimate for this year.
