Fluor Corporation (NYSE: FLR) is 40.69% higher on its value in year-to-date trading and has touched a low of $35.04 and a high of $60.10 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The FLR stock was last observed hovering at around $56.13 in the last trading session, with the day’s loss setting it -1.02%.
Currently trading at $55.11, the stock is 2.58% and 6.07% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.3 million and changing -1.82% at the moment leaves the stock 21.57% off its SMA200. FLR registered 44.91% gain for a year compared to 6-month gain of 26.40%. The firm has a 50-day simple moving average (SMA 50) of $51.7984 and a 200-day simple moving average (SMA200) of $45.2688.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 5.41% loss in the last 1 month and extending the period to 3 months gives it a 16.46%, and is -1.22% down 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 2.84% over the week and 3.73% over the month.
Fluor Corporation (FLR) has around 30187 employees, a market worth around $9.60B and $15.88B in sales. Current P/E ratio is 36.91 and Fwd P/E is 18.74. Profit margin for the company is 1.64%. Distance from 52-week low is 57.28% and -8.30% from its 52-week high. The company has generated returns on investments over the last 12 months (7.72%).
with sales reaching $4.43B over the same period.The EPS is expected to shrink by -3.74% this year, but quarterly earnings will post 7.12% year-over-year. Quarterly sales are estimated to grow 15.97% in year-over-year returns.
Fluor Corporation (FLR) Top Institutional Holders
567.0 institutions hold shares in Fluor Corporation (FLR), with institutional investors hold 93.92% of the company’s shares. The shares outstanding are 171.33M, and float is at 169.46M with Short Float at 3.89%. Institutions hold 92.65% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 20.89 million shares valued at $909.57 million. The investor’s holdings represent 12.2139% of the FLR Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 17.36 million shares valued at $755.87 million to account for 10.1499 of the shares outstanding. The other top investors are WELLINGTON MANAGEMENT GROUP LLP which holds 14.83 million shares representing 8.6742% and valued at over $645.97 million, while FMR LLC holds 8.4824 of the shares totaling 14.5 million with a market value of $631.69 million.
Fluor Corporation (FLR) Insider Activity
The most recent transaction is an insider sale by Fields Mark E, the company’s GROUP PRESIDENT. SEC filings show that Fields Mark E sold 50,000 shares of the company’s common stock on Nov 25 ’24 at a price of $56.63 per share for a total of $2.83 million. Following the sale, the insider now owns 0.15 million shares.
Still, SEC filings show that on Nov 25 ’24, Fields Mark E (Officer) Proposed Sale 109,066 shares at an average price of $57.74 for $6.3 million. The insider now directly holds shares of Fluor Corporation (FLR).
