Fluor Corporation (NYSE: FLR) is -9.91% 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 $42.95 in the last trading session, with the day’s gains setting it 1.48%.
Currently trading at $44.43, the stock is 10.36% and 20.70% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.35 million and changing 3.45% at the moment leaves the stock -1.95% off its SMA200. FLR registered 3.64% gain for a year compared to 6-month loss of -18.78%. The firm has a 50-day simple moving average (SMA 50) of $36.8094 and a 200-day simple moving average (SMA200) of $45.3137.
The stock witnessed a 27.64% gain in the last 1 month and extending the period to 3 months gives it a 22.94%, and is 6.85% 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 2.96% over the week and 3.05% over the month.
Fluor Corporation (FLR) has around 26866 employees, a market worth around $7.32B and $16.56B in sales. Current P/E ratio is 4.26 and Fwd P/E is 15.88. Profit margin for the company is 11.14%. Distance from 52-week low is 52.16% and -26.07% from its 52-week high. The company has generated returns on investments over the last 12 months (39.44%).
The EPS is expected to grow by 8.65% this year.
Fluor Corporation (FLR) Top Institutional Holders
573.0 institutions hold shares in Fluor Corporation (FLR), with institutional investors hold 96.37% of the company’s shares. The shares outstanding are 166.16M, and float is at 162.08M with Short Float at 5.66%. Institutions hold 94.62% 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 May 14 ’25, Fields Mark E (Officer) Proposed Sale 55,178 shares at an average price of $62.36 for $3.44 million. The insider now directly holds shares of Fluor Corporation (FLR).
