The closing price of Fluor Corporation (NYSE: FLR) was $38.50 for the day, up 0.13% from the previous closing price of $38.45. In other words, the price has increased by $+0.05 from its previous closing price. On the day, 1652557 shares were traded. FLR stock price reached its highest trading level at $39.45 during the session, while it also had its lowest trading level at $38.10.
Ratios:
Our analysis of FLR’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.54 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 64.96. 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.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Truist on March 14, 2024, initiated with a Buy rating and assigned the stock a target price of $46.
UBS Upgraded its Neutral to Buy on October 04, 2023, whereas the target price for the stock was revised from $35 to $47.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 6.55B and an Enterprise Value of 5.12B. As of this moment, Fluor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 78.12, and their Forward P/E ratio for the next fiscal year is 12.20. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.42 while its Price-to-Book (P/B) ratio in mrq is 3.38. Its current Enterprise Value per Revenue stands at 0.33 whereas that against EBITDA is 11.40.
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 37.96, while the 200-Day Moving Average is calculated to be 35.20.
Shares Statistics:
FLR traded an average of 1.77M shares per day over the past three months and 1.3M shares per day over the past ten days. A total of 170.41M shares are outstanding, with a floating share count of 167.94M. Insiders hold about 1.45% of the company’s shares, while institutions hold 88.88% stake in the company. Shares short for FLR as of Feb 29, 2024 were 7.24M with a Short Ratio of 4.08, compared to 5.98M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.25% and a Short% of Float of 5.82%.
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
The firm’s stock currently is rated by 6 analysts. On average, analysts expect EPS of $0.53 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 $0.67, 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
It is expected that $90B in revenue will be generated in the current quarter, according to 6 analysts. 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 6.80% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $4.46B, an increase of 13.20% over than the figure of $6.80% 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 $20.47B 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.
