Currently, there are 171.33M common shares owned by the public and among those 169.43M shares have been available to trade.
The company’s stock has a 5-day price change of -20.72% and -21.02% over the past three months. FLR shares are trading -19.40% year to date (YTD), with the 12-month market performance down to -4.97% lower. It has a 12-month low price of $35.04 and touched a high of $60.10 over the same period. FLR has an average intraday trading volume of 2.43 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -17.91%, -21.06%, and -17.42% respectively.
Institutional ownership of Fluor Corporation (NYSE: FLR) shares accounts for 93.09% of the company’s 171.33M shares outstanding.
It has a market capitalization of $6.82B and a beta (3y monthly) value of 1.69. The stock’s trailing 12-month PE ratio is 26.62, while the earnings-per-share (ttm) stands at $1.49. The company has a PEG of 2.36 and a Quick Ratio of 1.77 with the debt-to-equity ratio at 0.50. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.85% over the week and 4.65% over the month.
Earnings per share for the fiscal year are expected to increase by 20.12%, and 12.70% over the next financial year. EPS should grow at an annualized rate of 11.27% over the next five years, compared to -15.07% over the past 5-year period.
Looking at the support for the FLR, a number of firms have released research notes about the stock. Robert W. Baird stated their Neutral rating for the stock in a research note on December 18, 2024, with the firm’s price target at $54-$58. Citigroup coverage for the Fluor Corporation (FLR) stock in a research note released on October 22, 2024 offered a Buy rating with a price target of $65. KeyBanc Capital Markets was of a view on July 17, 2024 that the stock is Overweight, while Truist gave the stock Buy rating on March 14, 2024, issuing a price target of $46. KeyBanc Capital Markets on their part issued Sector Weight rating on January 10, 2024.
