A share price of Fluor Corporation [FLR] is currently trading at $53.52, up 6.21%. An important factor to consider is whether the stock is rising or falling in short-term value. The FLR shares have gain 11.25% over the last week, with a monthly amount glided 0.13%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Fluor Corporation [NYSE: FLR] stock has seen the most recent analyst activity on December 18, 2024, when Robert W. Baird downgraded its rating to a Neutral and also boosted its price target to $58 from $54. Previously, Citigroup upgraded its rating to Buy on October 22, 2024, and elevated its price target to $65. On July 17, 2024, upgrade upgraded it’s rating to Overweight but maintained its price target of $57 on the stock. Truist started tracking the stock assigning a Buy rating and suggested a price target of $46 on March 14, 2024. UBS upgraded its rating to Buy for this stock on October 04, 2023, and upped its price target to $47. In a note dated November 07, 2022, DA Davidson upgraded an Buy rating on this stock and boosted its target price from $25 to $40.
Fluor Corporation experienced fluctuations in its stock price throughout the past year between $35.04 and $60.10. Currently, Wall Street analysts expect the stock to reach $61.75 within the next 12 months. Fluor Corporation [NYSE: FLR] shares were valued at $53.52 at the most recent close of the market. An investor can expect a potential return of 15.38% based on the average FLR price forecast.
Analyzing the FLR fundamentals
Trailing Twelve Months sales for Fluor Corporation [NYSE:FLR] were 15.88B which represents 3.31% growth. Gross Profit Margin for this corporation currently stands at 0.03% with Operating Profit Margin at 0.01%, 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 0.04, Equity is 0.13 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.5.
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 51.57 points at the first support level, and at 49.62 for the second support level. However, for the 1st resistance point, the stock is sitting at 54.53, and for the 2nd resistance point, it is at 55.53.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Fluor Corporation [NYSE:FLR] is 1.77. On the other hand, the Quick Ratio is 1.77, and the Cash Ratio is 0.98. Considering the valuation of this stock, the price to sales ratio is 0.58, the price to book ratio is 4.07 and price to earnings (TTM) ratio is 35.84.
Transactions by insiders
Recent insider trading involved D’Agostino Thomas P, GROUP PRESIDENT, that happened on Dec 05 ’24 when 7681.0 shares were sold. Officer, Thomas P. D’Agostino completed a deal on Dec 05 ’24 to buy 7681.0 shares. Meanwhile, GROUP PRESIDENT Fields Mark E sold 50000.0 shares on Nov 25 ’24.
