Fluor Corporation (NYSE: FLR) is 12.15% higher on its value in year-to-date trading and has touched a low of $2.85 and a high of $20.90 in the current 52-week trading range. The FLR stock was last observed hovering at around $16.86 in the last trading session, with the day’s gains setting it 1.05% off its average median price target of $18.00 for the next 12 months. It is also 18.59% off the consensus price target high of $22.00 offered by 9 analysts, but current levels are -27.93% lower than the price target low of $14.00 for the same period.
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Currently trading at $17.91, the stock is 6.74% and 16.66% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.07 million and changing 6.23% at the moment leaves the stock 54.53% off its SMA200. FLR registered -6.33% loss for a year compared to 6-month gain of 54.93%. The firm has a 50-day simple moving average (SMA 50) of $16.79 and a 200-day simple moving average (SMA200) of $12.41.
The stock witnessed a -3.97% loss in the last 1 month and extending the period to 3 months gives it a 88.92%, and is 13.79% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.26% over the week and 4.67% over the month.
Fluor Corporation (FLR) has around 50182 employees, a market worth around $2.57B and $15.74B in sales. Fwd P/E is 16.57. Profit margin for the company is -2.80%. Distance from 52-week low is 528.42% and -14.29% from its 52-week high. The company has generated returns on investments over the last 12 months (-54.00%).
Fluor Corporation (FLR) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Fluor Corporation (FLR) is a “Hold”. 9 analysts offering their recommendations for the stock have an average rating of 3.10, where 9 rate it as a Hold and 0 think it is a “Overweight”. 0 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Fluor Corporation is expected to release its quarterly report on 06/02/2021 and quarterly earnings per share for the current quarter are estimated at $0.15 with sales reaching $3.69B over the same period.The EPS is expected to grow by 86.80% this year, but quarterly earnings will post 8.60% year-over-year. Quarterly sales are estimated to shrink -1.00% in year-over-year returns.
Fluor Corporation (FLR) Top Institutional Holders
364 institutions hold shares in Fluor Corporation (FLR), with 2.99M shares held by insiders accounting for 2.13% while institutional investors hold 79.21% of the company’s shares. The shares outstanding are 140.60M, and float is at 124.00M with Short Float at 5.25%. Institutions hold 77.53% of the Float.
The top institutional shareholder in the company is Blackrock Inc. with over 14.58 million shares valued at $128.45 million. The investor’s holdings represent 10.36% of the FLR Shares outstanding. As of Sep 29, 2020, the second largest holder is Vanguard Group, Inc. (The) with 10.76 million shares valued at $94.81 million to account for 7.65% of the shares outstanding. The other top investors are Hotchkis & Wiley Capital Management, LLC which holds 7.54 million shares representing 5.35% and valued at over $66.38 million, while FMR, LLC holds 4.01% of the shares totaling 5.65 million with a market value of $49.75 million.
Fluor Corporation (FLR) Insider Activity
A total of 26 insider transactions have happened at Fluor Corporation (FLR) in the last six months, with sales accounting for 0 and purchases happening 26 times.
Fluor Corporation (FLR): Who are the competitors?
The company’s main competitors (and peers) include BWX Technologies Inc. (BWXT) that is trading -8.01% down over the past 12 months. Quanta Services Inc. (PWR) is 83.87% up on the 1-year trading charts. Short interest in the company’s stock has risen 5.53% from the last report on Nov 12, 2020 to stand at a total of 6.15 million short shares sold with a short interest ratio of 3.3.