Can Fluor Corporation’s (FLR) drop of -0.43% in a week be considered a lucky break?

On Monday, Fluor Corporation (NYSE: FLR) opened higher 2.58% from the last session, before settling in for the closing price of $52.28. Price fluctuations for FLR have ranged from $32.31 to $55.86 over the past 52 weeks.

A company in the Industrials sector has jumped its sales by 1.11% annually for the last half of the decade. Company’s average yearly earnings per share was noted 5.38% at the time writing. With a float of $169.18 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. 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

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 1.23%, while institutional ownership is 91.94%. 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

According to the Wall Street analysts, stocks earnings will be around 5.38% 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

Check out the current performance indicators for Fluor Corporation (FLR). In the past quarter, the stock posted a quick ratio of 1.77. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.58. Likewise, its price to free cash flow for the trailing twelve months is 27.75.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.33, a number that is poised to hit 0.76 in the next quarter and is forecasted to reach 3.24 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 1.59 million. That was better than the volume of 1.57 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 41.72%. Additionally, its Average True Range was 1.59.

During the past 100 days, Fluor Corporation’s (FLR) raw stochastic average was set at 83.07%, which indicates a significant increase from 65.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.42% in the past 14 days, which was higher than the 30.54% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $48.90, while its 200-day Moving Average is $43.54. However, in the short run, Fluor Corporation’s stock first resistance to watch stands at $54.07. Second resistance stands at $54.50. The third major resistance level sits at $55.37. If the price goes on to break the first support level at $52.77, it is likely to go to the next support level at $51.90. The third support level lies at $51.47 if the price breaches the second support level.

Fluor Corporation (NYSE: FLR) Key Stats

There are currently 171,191K shares outstanding in the company with a market cap of 9.19 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 4,227 M and its income totaled 169,000 K.