Fluor Corporation (FLR) is 13.73% away from 50-day simple Moving Average despite all headwinds

Fluor Corporation (NYSE: FLR) kicked off on Friday, up 2.08% from the previous trading day, before settling in for the closing price of $53.88. Over the past 52 weeks, FLR has traded in a range of $32.31-$55.75.

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It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 1.11%. While this was happening, its average annual earnings per share was recorded 5.33%. With a float of $169.18 million, this company’s outstanding shares have now reached $170.41 million.

The extent of productivity of a business whose workforce counts for 30187 workers is very important to gauge. In terms of profitability, gross margin is 3.77%, operating margin of 2.29%, and the pretax margin is 3.74%.

Fluor Corporation (FLR) Insider and Institutional Ownership

Our next focus will be how large-scale investors are participating in this stock of the Engineering & Construction Industry. The insider ownership of Fluor Corporation is 1.23%, while institutional ownership is 91.89%. The most recent insider transaction that took place on Oct 07 ’24, was worth 584,401. In this transaction EVP, CHIEF FINANCIAL OFFICER of this company sold 11,619 shares at a rate of $50.30, taking the stock ownership to the 41,908 shares. Before that another transaction happened on Oct 04 ’24, when Company’s EVP, CHIEF FINANCIAL OFFICER sold 4,012 for $50.01, making the entire transaction worth $200,622. This insider now owns 53,527 shares in total.

Fluor Corporation (FLR) Latest Financial update

In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 1.02 earnings per share (EPS), higher than consensus estimate (set at 0.56) by 0.46. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.81 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 5.33% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.80% during the next five years compared to -15.07% drop over the previous five years of trading.

Fluor Corporation (NYSE: FLR) Trading Performance Indicators

Take a look at Fluor Corporation’s (FLR) current performance indicators. Last quarter, stock had a quick ratio of 1.77. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.60. Likewise, its price to free cash flow for the trailing twelve months is 28.46.

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)

The latest stats from [Fluor Corporation, FLR] show that its last 5-days average volume of 2.7 million was superior to 1.57 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 80.36%. Additionally, its Average True Range was 1.56.

During the past 100 days, Fluor Corporation’s (FLR) raw stochastic average was set at 94.81%, which indicates a significant increase from 91.89% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.42% in the past 14 days, which was higher than the 31.16% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $48.36, while its 200-day Moving Average is $43.08. Now, the first resistance to watch is $55.60. This is followed by the second major resistance level at $56.19. The third major resistance level sits at $57.14. If the price goes on to break the first support level at $54.06, it is likely to go to the next support level at $53.11. The third support level lies at $52.52 if the price breaches the second support level.

Fluor Corporation (NYSE: FLR) Key Stats

The company with the Market Capitalisation of 9.42 billion has total of 171,191K Shares Outstanding. Its annual sales at the moment are 15,474 M in contrast with the sum of 139,000 K annual income. Company’s last quarter sales were recorded 4,227 M and last quarter income was 169,000 K.