Fluor Corporation (NYSE: FLR) on Tuesday, plunged -0.53% from the previous trading day, before settling in for the closing price of $52.95. Within the past 52 weeks, FLR’s price has moved between $35.04 and $60.10.
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During the last 5-year period, the sales growth of Industrials Sector giant was 1.11%. The company achieved an average annual earnings per share of -3.75%. With a float of $169.41 million, this company’s outstanding shares have now reached $170.41 million.
Let’s determine the extent of company efficiency that accounts for 30187 employees. In terms of profitability, gross margin is 2.71%, operating margin of 1.21%, and the pretax margin is 2.61%.
Fluor Corporation (FLR) Insider Activity
Observing investor behavior towards Engineering & Construction industry stocks is more important than anything else. The insider ownership of Fluor Corporation is 1.23%, while institutional ownership is 91.97%. 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) Earnings and Forecasts
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.68 earnings per share (EPS) for the period topping the consensus outlook (set at 0.57) by 0.11. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.67 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -3.75% 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
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 0.57. Likewise, its price to free cash flow for the trailing twelve months is 14.20.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.49, a number that is poised to hit 0.78 in the next quarter and is forecasted to reach 2.94 in one year’s time.
Technical Analysis of Fluor Corporation (FLR)
Looking closely at Fluor Corporation (NYSE: FLR), its last 5-days average volume was 3.3 million, which is a jump from its year-to-date volume of 1.7 million. As of the previous 9 days, the stock’s Stochastic %D was 39.03%. Additionally, its Average True Range was 2.27.
During the past 100 days, Fluor Corporation’s (FLR) raw stochastic average was set at 57.13%, which indicates a significant increase from 40.01% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 75.53% in the past 14 days, which was higher than the 41.12% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $50.49, while its 200-day Moving Average is $44.75. However, in the short run, Fluor Corporation’s stock first resistance to watch stands at $53.47. Second resistance stands at $54.26. The third major resistance level sits at $55.78. If the price goes on to break the first support level at $51.16, it is likely to go to the next support level at $49.64. Should the price break the second support level, the third support level stands at $48.85.
Fluor Corporation (NYSE: FLR) Key Stats
Market capitalization of the company is 9.03 billion based on 171,516K outstanding shares. Right now, sales total 15,474 M and income totals 139,000 K. The company made 4,094 M in profit during its latest quarter, and 54,000 K in sales during its previous quarter.
