Fluor Corporation (FLR) concluded trading on Wednesday at a closing price of $54.61, with 5.79 million shares of worth about $316.04 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 37.90% during that period and on October 16, 2024 the price saw a gain of about 8.20%. Currently the company’s common shares owned by public are about 170.41M shares, out of which, 169.18M shares are available for trading.
Stock saw a price change of 8.33% in past 5 days and over the past one month there was a price change of 18.18%. Year-to-date (YTD), FLR shares are showing a performance of 39.42% which increased to 49.33% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $32.31 but also hit the highest price of $51.67 during that period. The average intraday trading volume for Fluor Corporation shares is 1.48 million. The stock is currently trading 11.56% above its 20-day simple moving average (SMA20), while that difference is up 13.55% for SMA50 and it goes to 27.26% higher than SMA200.
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Fluor Corporation (NYSE: FLR) currently have 170.41M outstanding shares and institutions hold larger chunk of about 91.80% of that.
The stock has a current market capitalization of $9.35B and its 3Y-monthly beta is at 1.92. PE ratio of stock for trailing 12 months is 23.41, while it has posted earnings per share of $2.33 in the same period. Its PEG reads 2.17 and has Quick Ratio of 1.77 while making debt-to-equity ratio of 0.53. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for FLR, volatility over the week remained 3.34% while standing at 2.77% over the month.
Stock’s fiscal year EPS is expected to rise by 5.33% while it is estimated to increase by 13.44% in next year. EPS is likely to grow at an annualized rate of 10.80% for next 5-years, compared to annual growth of -15.07% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by KeyBanc Capital Markets on July 17, 2024 offering an Overweight rating for the stock and assigned a target price of $57 to it. Coverage by Truist stated Fluor Corporation (FLR) stock as a Buy in their note to investors on March 14, 2024, suggesting a price target of $46 for the stock. On January 10, 2024, KeyBanc Capital Markets Resumed their recommendations, while on October 04, 2023, UBS Upgrade their ratings for the stock with a price target of $47. Stock get a Buy rating from DA Davidson on November 07, 2022.
