A new trading day began on Monday, with Fluor Corporation (NYSE: FLR) stock price down -0.15% from the previous day of trading, before settling in for the closing price of $52.89. FLR’s price has ranged from $33.50 to $55.86 over the past 52 weeks.
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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%. Meanwhile, its annual earnings per share averaged 5.38%. 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
As we move forward, let’s examine how large-scale investors are investing in this stock of the Engineering & Construction Industry. The insider ownership of Fluor Corporation is 1.23%, while institutional ownership is 92.05%. 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 its latest quarterly report, released on 6/30/2024, the company reported earnings of 1.02 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.8 per share during the current fiscal year.
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
Here are Fluor Corporation’s current performance indicators. According to the last quarter’s results, the 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 0.58. Likewise, its price to free cash flow for the trailing twelve months is 27.65.
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)
The latest stats from [Fluor Corporation, FLR] show that its last 5-days average volume of 1.49 million was inferior to 1.57 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 26.61%. Additionally, its Average True Range was 1.45.
During the past 100 days, Fluor Corporation’s (FLR) raw stochastic average was set at 76.84%, which indicates a significant increase from 35.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.17% in the past 14 days, which was higher than the 30.65% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $49.30, while its 200-day Moving Average is $43.94. Now, the first resistance to watch is $53.49. This is followed by the second major resistance level at $54.18. The third major resistance level sits at $54.88. If the price goes on to break the first support level at $52.10, it is likely to go to the next support level at $51.40. The third support level lies at $50.71 if the price breaches the second support level.
Fluor Corporation (NYSE: FLR) Key Stats
With a market capitalization of 9.15 billion, the company has a total of 171,288K Shares Outstanding. Currently, annual sales are 15,474 M while annual income is 139,000 K. The company’s previous quarter sales were 4,227 M while its latest quarter income was 169,000 K.
