Fluor Corporation [FLR] stock is trading at $36.80, up 1.29%. An important factor to consider is whether the stock is rising or falling in short-term value. The FLR shares have gain 3.02% over the last week, with a monthly amount drifted -4.27%, and not seem to be holding up well over a long-time horizon.
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
On 20, February 2024, Fluor Reports Fourth Quarter and Full Year 2023 Results. In a post published today on Yahoo Finance, Full year new awards of $19.5 billion; 87% reimbursable.
From an analyst’s perspective:
Previously, UBS upgraded its rating to Buy on October 04, 2023, and elevated its price target to $47. On November 07, 2022, upgrade upgraded it’s rating to Buy and revised its price target to $40 on the stock. Robert W. Baird upgraded its rating to a Outperform and decreased its price target to $29 on February 23, 2022. BofA Securities upgraded its rating to a Neutral but $24 remained the price target by the analyst firm on November 15, 2021. In a note dated January 21, 2021, Vertical Research upgraded an Buy rating on this stock.
Fluor Corporation [FLR] stock has fluctuated between $25.69 and $43.24 over the past year. Currently, Wall Street analysts expect the stock to reach $47 within the next 12 months. Fluor Corporation [NYSE: FLR] shares were valued at $36.80 at the most recent close of the market. An investor can expect a potential return of 27.72% based on the average FLR price forecast.
Analyzing the FLR fundamentals
Fluor Corporation [NYSE:FLR] reported sales of 15.47B for the trailing twelve months, which represents a growth of 2.96%. Gross Profit Margin for this corporation currently stands at 0.03% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.06 and Total Capital is 0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.62.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 36.15 points at the first support level, and at 35.49 for the second support level. However, for the 1st resistance point, the stock is sitting at 37.40, and for the 2nd resistance point, it is at 37.99.
Ratios To Look Out For
For context, Fluor Corporation’s Current Ratio is 1.60. On the other hand, the Quick Ratio is 1.60, and the Cash Ratio is 0.8. Considering the valuation of this stock, the price to sales ratio is 0.41, the price to book ratio is 3.23 and price to earnings (TTM) ratio is 74.68.
Transactions by insiders
The next item on our agenda is insider trading, which has seen 0 insider purchases totaling 0 shares and 1 insider sales totaling 11,889 shares over the past 3 months. Recent insider trading involved Dillow Stacy L, EVP, Chief HR Officer, that happened on Jun 07 when 20000.0 shares were sold. Group President, Breuer James R completed a deal on Mar 03 to sell 4000.0 shares.
