Wall Street Analyst Downgrade Fluor Corporation [FLR]. What else is Wall St. saying

Fluor Corporation [NYSE: FLR] closed the trading session at $16.77 on 12/11/20. The day’s price range saw the stock hit a low of $16.72, while the highest price level was $17.9087. The company report on December 10, 2020 that Fluor Reports Third Quarter 2020 Results.

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Fluor reports earnings per share of $0.14 for the third quarter of 2020.

No material project execution charges in the first three quarters of 2020.

The stocks have a year to date performance of -11.18 percent and weekly performance of -10.08 percent. The stock has been moved at 31.12 percent over the last six months. The stock has performed 25.43 percent around the most recent 30 days and changed 83.08 percent over the most recent 3-months.

If compared to the average trading volume of 2.32M shares, FLR reached to a volume of 2233674 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Fluor Corporation [FLR]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FLR shares is $15.13 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FLR stock is a recommendation set at 3.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

UBS have made an estimate for Fluor Corporation shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on April 27, 2020. While these analysts kept the previous recommendation, Citigroup dropped their target price from $11 to $10. The new note on the price target was released on April 27, 2020, representing the official price target for Fluor Corporation stock. Previously, the target price had yet another drop from $21 to $16, while Credit Suisse kept a Neutral rating on FLR stock.

The Average True Range (ATR) for Fluor Corporation is set at 0.96, with the Price to Sales ratio for FLR stock in the period of the last 12 months amounting to 0.16. The Price to Book ratio for the last quarter was 2.09, with the Price to Cash per share for the same quarter was set at 14.00. Price to Free Cash Flow for FLR in the course of the last twelve months was 21.67 with Quick ratio for the last quarter at 1.40.

FLR stock trade performance evaluation

Fluor Corporation [FLR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -10.08. With this latest performance, FLR shares gained by 25.43% in over the last four-week period, additionally plugging by 31.12% over the last 6 months – not to mention a drop of -5.04% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for FLR stock in for the last two-week period is set at 55.57, with the RSI for the last a single of trading hit 47.65, and the three-weeks RSI is set at 58.47 for Fluor Corporation [FLR]. The present Moving Average for the last 50 days of trading for this stock 13.67, while it was recorded at 17.90 for the last single week of trading, and 10.91 for the last 200 days.

Fluor Corporation [FLR]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Fluor Corporation [FLR] shares currently have an operating margin of -4.26 and a Gross Margin at -2.96. Fluor Corporation’s Net Margin is presently recorded at -11.68.

Return on Total Capital for FLR is now -14.64, given the latest momentum, and Return on Invested Capital for the company is -42.04. Return on Equity for this stock declined to -75.32, with Return on Assets sitting at -19.68. When it comes to the capital structure of this company, Fluor Corporation [FLR] has a Total Debt to Total Equity ratio set at 131.92. Additionally, FLR Total Debt to Total Capital is recorded at 56.88, with Total Debt to Total Assets ending up at 24.64. Long-Term Debt to Equity for the company is recorded at 125.13, with the Long-Term Debt to Total Capital now at 53.96.

Reflecting on the efficiency of the workforce at the company, Fluor Corporation [FLR] managed to generate an average of -$33,403 per employee. Receivables Turnover for the company is 5.70 with a Total Asset Turnover recorded at a value of 1.68.Fluor Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.40 and a Current Ratio set at 1.40.

Earnings per share (EPS) analysis for Fluor Corporation [FLR] stock

With the latest financial reports released by the company, Fluor Corporation posted -0.21/share EPS, while the average EPS was predicted by analysts to be reported at -0.08/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -162.50%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for FLR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Fluor Corporation go to -6.69%.

Fluor Corporation [FLR]: Insider Ownership positions

There are presently around $1,525 million, or 77.60% of FLR stock, in the hands of institutional investors. The top three institutional holders of FLR stocks are: BLACKROCK INC. with ownership of 14,579,942, which is approximately 30.01% of the company’s market cap and around 1.40% of the total institutional ownership; VANGUARD GROUP INC, holding 10,762,060 shares of the stock with an approximate value of $180.48 million in FLR stocks shares; and HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC, currently with $126.36 million in FLR stock with ownership of nearly 5.872% of the company’s market capitalization.

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Positions in Fluor Corporation stocks held by institutional investors increased at the end of December and at the time of the December reporting period, where 101 institutional holders increased their position in Fluor Corporation [NYSE:FLR] by around 15,683,037 shares. Additionally, 144 investors decreased positions by around 18,139,808 shares, while 65 investors held positions by with 57,126,508 shares. The mentioned changes placed institutional holdings at 90,949,353 shares, according to the latest SEC report filing. FLR stock had 33 new institutional investments in for a total of 2,377,837 shares, while 50 institutional investors sold positions of 13,077,209 shares during the same period.

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