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After finishing at $50.93 in the prior trading day, Fluor Corporation (NYSE: FLR) closed at $49.82, down -2.18%. In other words, the price has decreased by -$2.18 from its previous closing price. On the day, 3.9 million shares were traded. FLR stock price reached its highest trading level at $52.2723 during the session, while it also had its lowest trading level at $49.72.
Ratios:
Our goal is to gain a better understanding of FLR by taking a closer look at its different 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 11.60. For the most recent quarter (mrq), Quick Ratio is recorded 1.77 and its Current Ratio is at 1.77. In the meantime, Its Debt-to-Equity ratio is 0.50 whereas as Long-Term Debt/Eq ratio is at 0.50.
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 the company, Citigroup on October 22, 2024, Upgraded its rating to Buy and sets its target price to $65 from $52 previously.
On July 17, 2024, KeyBanc Capital Markets Upgraded its rating to Overweight which previously was Sector Weight but kept the price unchanged to $57.
On March 14, 2024, Truist started tracking the stock assigning a Buy rating and target price of $46.Truist initiated its Buy rating on March 14, 2024, with a $46 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 07 ’24 when Brennan Joseph L sold 11,619 shares for $50.30 per share. The transaction valued at 584,401 led to the insider holds 41,908 shares of the business.
Brennan Joseph L sold 4,012 shares of FLR for $200,622 on Oct 04 ’24. The EVP, CHIEF FINANCIAL OFFICER now owns 53,527 shares after completing the transaction at $50.01 per share. On Sep 20 ’24, another insider, Brennan Joseph L, who serves as the EVP, CHIEF FINANCIAL OFFICER of the company, sold 15,335 shares for $47.57 each. As a result, the insider received 729,440 and left with 57,834 shares of the company.
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 8544927232 and an Enterprise Value of 6744920576. As of this moment, Fluor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 33.36, and their Forward P/E ratio for the next fiscal year is 16.55. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.09. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.46 while its Price-to-Book (P/B) ratio in mrq is 3.79. Its current Enterprise Value per Revenue stands at 0.425 whereas that against EBITDA is 22.26.
Stock Price History:
Over the past 52 weeks, FLR has reached a high of $60.10, while it has fallen to a 52-week low of $34.17. The 50-Day Moving Average of the stock is 0.04%, while the 200-Day Moving Average is calculated to be 12.32%.
Shares Statistics:
The stock has traded on average 1.81M shares per day over the past 3-months and 3515510 shares per day over the last 10 days, according to various share statistics. A total of 170.41M shares are outstanding, with a floating share count of 169.18M. Insiders hold about 1.23% of the company’s shares, while institutions hold 92.23% stake in the company. Shares short for FLR as of 1728950400 were 6041630 with a Short Ratio of 3.33, compared to 1726185600 on 6828452. Therefore, it implies a Short% of Shares Outstanding of 6041630 and a Short% of Float of 4.5600000000000005.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.28.
