Better Times Ahead For Fluor Corporation (NYSE: FLR)?

Fluor Corporation (FLR) concluded trading on Thursday at a closing price of $36.58, with 3.45 million shares of worth about $126.2 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -22.70% during that period and on March 06, 2025 the price saw a loss of about -1.30%. Currently the company’s common shares owned by public are about 169.23M shares, out of which, 166.17M shares are available for trading.

Stock saw a price change of -2.04% in past 5 days and over the past one month there was a price change of -23.22%. Over the period of past 52 weeks, stock dropped to lowest price of $35.39 but also hit the highest price of $60.10 during that period. The average intraday trading volume for Fluor Corporation shares is 2.83 million. The stock is currently trading -10.91% below its 20-day simple moving average (SMA20), while that difference is down -21.02% for SMA50 and it goes to -23.87% lower than SMA200.

Fluor Corporation (NYSE: FLR) currently have 169.23M outstanding shares and institutions hold larger chunk of about 94.71% of that.

The stock has a current market capitalization of $6.17B and its 3Y-monthly beta is at 1.67. PE ratio of stock for trailing 12 months is 3.00, while it has posted earnings per share of $12.21 in the same period. Its PEG reads 0.23 and has Quick Ratio of 1.69 while making debt-to-equity ratio of 0.28. 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 4.71% while standing at 4.57% over the month.

Stock’s fiscal year EPS is expected to rise by 8.86% while it is estimated to increase by 16.81% in next year.

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 Robert W. Baird on December 18, 2024 offering a Neutral rating for the stock and assigned a target price range of between $54 and $58 to it. Coverage by Citigroup stated Fluor Corporation (FLR) stock as a Buy in their note to investors on October 22, 2024, suggesting a price target of $65 for the stock. On July 17, 2024, KeyBanc Capital Markets Upgrade their recommendations, while on March 14, 2024, Truist Initiated their ratings for the stock with a price target of $46. Stock get a Sector weight rating from KeyBanc Capital Markets on January 10, 2024.

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