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The closing price of Fluor Corporation (NYSE: FLR) was $39.21 for the day, down -0.98% from the previous closing price of $39.60. In other words, the price has decreased by -$0.98 from its previous closing price. On the day, 1.13 million shares were traded. FLR stock price reached its highest trading level at $40.27 during the session, while it also had its lowest trading level at $38.93.
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 2.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 66.06. 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 6670091264 and an Enterprise Value of 5504600064. As of this moment, Fluor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 79.57, and their Forward P/E ratio for the next fiscal year is 12.40. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.43 while its Price-to-Book (P/B) ratio in mrq is 3.44. Its current Enterprise Value per Revenue stands at 0.356 whereas that against EBITDA is 16.481.
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 -0.73%, while the 200-Day Moving Average is calculated to be 7.17%.
Shares Statistics:
FLR traded an average of 1.63M shares per day over the past three months and 1134710 shares per day over the past ten days. A total of 170.41M shares are outstanding, with a floating share count of 167.70M. Insiders hold about 1.45% of the company’s shares, while institutions hold 89.46% stake in the company. Shares short for FLR as of 1711584000 were 7073222 with a Short Ratio of 4.33, compared to 1709164800 on 7238121. Therefore, it implies a Short% of Shares Outstanding of 7073222 and a Short% of Float of 5.390000000000001.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.28.
Earnings Estimates
The current market rating for Fluor Corporation (FLR) reflects the collective analysis of First Solar, Inc. analysts closely monitoring its performance.The consensus estimate for the next quarter is $19.68, with high estimates of $38.73 and low estimates of $21.61.
