At the time of writing, Fluor Corporation [FLR] stock is trading at $49.40, up 1.73%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The FLR shares have lost -1.71% over the last week, with a monthly amount glided 9.73%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Fluor Corporation [NYSE: FLR] stock has seen the most recent analyst activity on July 17, 2024, when KeyBanc Capital Markets upgraded its rating to a Overweight but kept the price target unchanged to $57 for it. Previously, Truist started tracking the stock with Buy rating on March 14, 2024, and set its price target to $46. UBS upgraded its rating to a Buy and increased its price target to $47 on October 04, 2023. DA Davidson upgraded its rating to a Buy and raised its price target to $40 on November 07, 2022. Robert W. Baird upgraded its rating to Outperform for this stock on February 23, 2022, and downed its price target to $29. In a note dated November 15, 2021, BofA Securities upgraded an Neutral rating on this stock but restated the target price of $24.
For the past year, the stock price of Fluor Corporation fluctuated between $30.09 and $51.64. Currently, Wall Street analysts expect the stock to reach $49.25 within the next 12 months. Fluor Corporation [NYSE: FLR] shares were valued at $49.40 at the most recent close of the market. An investor can expect a potential drop of -0.3% based on the average FLR price forecast.
Analyzing the FLR fundamentals
According to Fluor Corporation [NYSE:FLR], the company’s sales were 15.46B for trailing twelve months, which represents an -0.48% plunge. Gross Profit Margin for this corporation currently stands at 0.04% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.16 and Total Capital is 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.59.
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 48.54 points at the first support level, and at 47.68 for the second support level. However, for the 1st resistance point, the stock is sitting at 50.09, and for the 2nd resistance point, it is at 50.78.
Ratios To Look Out For
It is important to note that Fluor Corporation [NYSE:FLR] has a current ratio of 1.67. As well, the Quick Ratio is 1.67, while the Cash Ratio is 0.79. Considering the valuation of this stock, the price to sales ratio is 0.55, the price to book ratio is 4.34 and price to earnings (TTM) ratio is 29.80.
