Fluor Corporation (NYSE: FLR) on Tuesday, soared 0.56% from the previous trading day, before settling in for the closing price of $48.12. Within the past 52 weeks, FLR’s price has moved between $32.31 and $51.64.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Industrials sector has jumped its sales by 1.11% annually for the last half of the decade. The company achieved an average annual earnings per share of 5.44%. With a float of $169.06 million, this company’s outstanding shares have now reached $170.41 million.
In an organization with 30187 employees, it is important to assess its efficiency.
Fluor Corporation (FLR) Insider and Institutional Ownership
Observing investor behavior towards Engineering & Construction industry stocks is more important than anything else. The insider ownership of Fluor Corporation is 1.30%, while institutional ownership is 94.09%.
Fluor Corporation (FLR) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.82 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 5.44% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.40% during the next five years compared to -15.07% drop over the previous five years of trading.
Fluor Corporation (NYSE: FLR) Trading Performance Indicators
Fluor Corporation (FLR) is currently performing well based on its current performance indicators. A quick ratio of 1.77 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.53. Likewise, its price to free cash flow for the trailing twelve months is 25.04.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.33, a number that is poised to hit 0.77 in the next quarter and is forecasted to reach 3.26 in one year’s time.
Technical Analysis of Fluor Corporation (FLR)
Let’s dig in a bit further. During the last 5-days, its volume was 1.28 million. That was inferior than the volume of 1.58 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 75.88%. Additionally, its Average True Range was 1.81.
During the past 100 days, Fluor Corporation’s (FLR) raw stochastic average was set at 76.46%, which indicates a significant increase from 76.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.09% in the past 14 days, which was lower than the 28.87% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $45.97, while its 200-day Moving Average is $40.51. However, in the short run, Fluor Corporation’s stock first resistance to watch stands at $49.11. Second resistance stands at $49.84. The third major resistance level sits at $50.50. If the price goes on to break the first support level at $47.72, it is likely to go to the next support level at $47.06. The third support level lies at $46.33 if the price breaches the second support level.
Fluor Corporation (NYSE: FLR) Key Stats
Market capitalization of the company is 8.29 billion based on 171,191K outstanding shares. Right now, sales total 15,474 M and income totals 139,000 K. The company made 4,227 M in profit during its latest quarter, and 169,000 K in sales during its previous quarter.
