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Fluor Corporation (FLR) Stock Could Soon Reward Patient Investors

Fluor Corporation (NYSE: FLR) is -27.15% lower on its value in year-to-date trading and has touched a low of $36.00 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 $36.92 in the last trading session, with the day’s loss setting it -0.99%.

Currently trading at $35.93, the stock is -14.75% and -23.30% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.59 million and changing -2.68% at the moment leaves the stock -25.24% off its SMA200. FLR registered -2.36% loss for a year compared to 6-month loss of -27.88%.

The stock witnessed a -25.47% gain in the last 1 month and extending the period to 3 months gives it a -34.97%, and is -2.39% 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 4.29% over the week and 4.49% over the month.

Fluor Corporation (FLR) has around 26866 employees, a market worth around $6.06B and $16.32B in sales. Current P/E ratio is 2.94 and Fwd P/E is 12.18. Profit margin for the company is 13.15%. Distance from 52-week low is -0.19% and -40.22% 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 8.86% 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 166.17M with Short Float at 4.24%.

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

A total of 0 insider transactions have happened at Fluor Corporation (FLR) in the last six months, with sales accounting for 0 and purchases happening 0 times.

Fluor Corporation disclosed in a document filed with the SEC on Dec 05 ’24 that D’Agostino Thomas P (GROUP PRESIDENT) sold a total of 7,681 shares of the company’s common stock. The trade occurred on Dec 05 ’24 and was made at $56.39 per share for $0.43 million. Following the transaction, the insider now directly holds 0.14 million shares of the FLR stock.

Still, SEC filings show that on Dec 05 ’24, Thomas P. D’Agostino (Officer) Proposed Sale 7,681 shares at an average price of $56.05 for $0.43 million. The insider now directly holds shares of Fluor Corporation (FLR).

Fluor Corporation (FLR): Who are the competitors?

The company’s main competitors (and peers) include BWX Technologies Inc. (BWXT) that is trading -4.12% down over the past 12 months. Tutor Perini Corp. (TPC) that is 143.63% higher over the same period.

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