Fluor Corporation (NYSE: FLR) is -25.36% lower on its value in year-to-date trading and has touched a low of $35.21 and a high of $60.10 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FLR stock was last observed hovering at around $37.16 in the last trading session, with the day’s loss setting it -0.35%.
Currently trading at $36.81, the stock is -17.80% and -24.27% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.12 million and changing -0.94% at the moment leaves the stock -23.47% off its SMA200. FLR registered 3.05% gain for a year compared to 6-month gain of -24.46%.
The stock witnessed a -32.55% loss in the last 1 month and extending the period to 3 months gives it a -29.93%, and is -7.40% 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 4.65% over the week and 4.85% over the month.
Fluor Corporation (FLR) has around 26866 employees, a market worth around $6.21B and $16.32B in sales. Current P/E ratio is 3.02 and Fwd P/E is 12.29. Profit margin for the company is 13.15%. Distance from 52-week low is 4.56% and -38.75% from its 52-week high. The company has generated returns on investments over the last 12 months (42.45%).
with sales reaching $4.27B over the same period.The EPS is expected to grow by 11.25% this year, but quarterly earnings will post 12.61% year-over-year. Quarterly sales are estimated to grow 14.31% in year-over-year returns.
Fluor Corporation (FLR) Top Institutional Holders
The shares outstanding are 169.23M, and float is at 166.34M with Short Float at 4.26%.
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 D’Agostino Thomas P, the company’s GROUP PRESIDENT. SEC filings show that D’Agostino Thomas P sold 7,681 shares of the company’s common stock on Dec 05 ’24 at a price of $56.39 per share for a total of $0.43 million. Following the sale, the insider now owns 0.14 million shares.
Still, SEC filings show that on Nov 25 ’24, Fields Mark E (GROUP PRESIDENT) disposed off 50,000 shares at an average price of $56.63 for $2.83 million. The insider now directly holds 147,045 shares of Fluor Corporation (FLR).
