Fluor Corporation (FLR)’s latest performance is not what we had anticipated

On Friday, Fluor Corporation (NYSE: FLR) opened lower -3.24% from the last session, before settling in for the closing price of $42.22. Price fluctuations for FLR have ranged from $25.69 to $43.24 over the past 52 weeks.

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Annual sales at Industrials sector company grew by 1.11% over the past five years. Company’s average yearly earnings per share was noted 3.31% at the time writing. With a float of $167.94 million, this company’s outstanding shares have now reached $170.41 million.

Let’s look at the performance matrix of the company that is accounted for 30187 employees.

Fluor Corporation (FLR) Insider Updates

A key investor’s attitude towards the stock of the Engineering & Construction industry is another important factor to consider. The insider ownership of Fluor Corporation is 1.45%, while institutional ownership is 89.11%. The most recent insider transaction that took place on Jun 07 ’23, was worth 606,088. In this transaction EVP, Chief HR Officer of this company sold 20,000 shares at a rate of $30.30, taking the stock ownership to the 75,929 shares.

Fluor Corporation (FLR) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around 3.31% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 56.60% during the next five years compared to -15.07% drop over the previous five years of trading.

Fluor Corporation (NYSE: FLR) Trading Performance Indicators

Check out the current performance indicators for Fluor Corporation (FLR). In the past quarter, the stock posted a quick ratio of 1.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.45. Likewise, its price to free cash flow for the trailing twelve months is 68.92.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.49, a number that is poised to hit 0.53 in the next quarter and is forecasted to reach 3.16 in one year’s time.

Technical Analysis of Fluor Corporation (FLR)

Fluor Corporation (NYSE: FLR) saw its 5-day average volume 1.21 million, a negative change from its year-to-date volume of 1.62 million. As of the previous 9 days, the stock’s Stochastic %D was 47.60%. Additionally, its Average True Range was 1.20.

During the past 100 days, Fluor Corporation’s (FLR) raw stochastic average was set at 70.85%, which indicates a significant increase from 22.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.74% in the past 14 days, which was lower than the 35.40% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $39.38, while its 200-day Moving Average is $36.43. Nevertheless, the first resistance level for the watch stands at $41.87 in the near term. At $42.89, the stock is likely to face the second major resistance level. The third major resistance level sits at $43.54. If the price goes on to break the first support level at $40.20, it is likely to go to the next support level at $39.55. Assuming the price breaks the second support level, the third support level stands at $38.53.

Fluor Corporation (NYSE: FLR) Key Stats

There are currently 170,166K shares outstanding in the company with a market cap of 6.96 billion. Presently, the company’s annual sales total 15,474 M according to its annual income of 139,000 K. Last quarter, the company’s sales amounted to 3,820 M and its income totaled -21,000 K.