Fluor Corporation (NYSE: FLR) is -27.82% lower on its value in year-to-date trading and has touched a low of $29.20 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 $34.44 in the last trading session, with the day’s gains setting it 1.16%.
Currently trading at $35.60, the stock is 4.21% and -2.48% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.35 million and changing 3.37% at the moment leaves the stock -23.76% off its SMA200. FLR registered -9.80% loss for a year compared to 6-month loss of -33.90%. The firm has a 50-day simple moving average (SMA 50) of $36.504 and a 200-day simple moving average (SMA200) of $46.69215.
The stock witnessed a -8.11% gain in the last 1 month and extending the period to 3 months gives it a -35.60%, and is 6.11% 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 3.71% over the week and 5.57% over the month.
Fluor Corporation (FLR) has around 26866 employees, a market worth around $5.98B and $16.32B in sales. Current P/E ratio is 2.92 and Fwd P/E is 12.66. Profit margin for the company is 13.15%. Distance from 52-week low is 21.92% and -40.77% from its 52-week high. The company has generated returns on investments over the last 12 months (42.45%).
with sales reaching $4.24B over the same period.The EPS is expected to grow by 7.52% this year, but quarterly earnings will post 11.90% year-over-year. Quarterly sales are estimated to grow 13.65% in year-over-year returns.
579.0 institutions hold shares in Fluor Corporation (FLR), with institutional investors hold 97.14% of the company’s shares. The shares outstanding are 169.23M, and float is at 165.50M with Short Float at 4.69%. Institutions hold 95.44% 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
Still, SEC filings show that on Feb 28 ’25, Fields Mark E (Officer) Proposed Sale 59,066 shares at an average price of $38.00 for $2.24 million. The insider now directly holds shares of Fluor Corporation (FLR).
