In the latest session, Fluor Corporation (NYSE: FLR) closed at $37.24 up 1.53% from its previous closing price of $36.68. In other words, the price has increased by $+0.56 from its previous closing price. On the day, 1037887 shares were traded. FLR stock price reached its highest trading level at $37.44 during the session, while it also had its lowest trading level at $36.57.
Ratios:
For a deeper understanding of Fluor Corporation’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 62.83. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 07 ’23 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.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FLR now has a Market Capitalization of 6.35B and an Enterprise Value of 4.92B. As of this moment, Fluor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 75.57, and their Forward P/E ratio for the next fiscal year is 11.83. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.34. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.41 while its Price-to-Book (P/B) ratio in mrq is 3.27. Its current Enterprise Value per Revenue stands at 0.32 whereas that against EBITDA is 10.95.
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 38.12, while the 200-Day Moving Average is calculated to be 34.88.
Shares Statistics:
For the past three months, FLR has traded an average of 1.81M shares per day and 1.93M over the past ten days. A total of 170.41M shares are outstanding, with a floating share count of 167.65M. Insiders hold about 1.62% of the company’s shares, while institutions hold 88.89% stake in the company. Shares short for FLR as of Feb 15, 2024 were 6.38M with a Short Ratio of 3.53, compared to 5.93M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.74% and a Short% of Float of 5.13%.
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
There are 6 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.55 for the current quarter, with a high estimate of $0.62 and a low estimate of $0.46, while EPS last year was $0.28. The consensus estimate for the next quarter is $0.66, with high estimates of $0.74 and low estimates of $0.58.
Analysts are recommending an EPS of between $3 and $2.44 for the fiscal current year, implying an average EPS of $2.77. EPS for the following year is $3.14, with 8 analysts recommending between $3.4 and $2.85.
Revenue Estimates
A total of 5 analysts believe the company’s revenue will be $4.02B this quarter.It ranges from a high estimate of $4.34B to a low estimate of $3.8B. As of the current estimate, Fluor Corporation’s year-ago sales were $3.75B, an estimated increase of 7.20% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $4.42B, an increase of 12.30% over than the figure of $7.20% in the same quarter last year. There is a high estimate of $4.91B for the next quarter, whereas the lowest estimate is $4.2B.
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 $16.29B, resulting in an average revenue estimate of $17.43B. In the same quarter a year ago, actual revenue was $15.47B, up 12.60% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $19.05B in the next fiscal year. The high estimate is $20.46B and the low estimate is $17.78B. The average revenue growth estimate for next year is up 9.30% from the average revenue estimate for this year.
