Fluor Corporation [NYSE: FLR] price surged by 3.35 percent to reach at $1.56.
The one-year FLR stock forecast points to a potential upside of 18.63. The average equity rating for FLR stock is currently 1.82, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on 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 $59.11 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 1.82. 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.
Robert W. Baird have made an estimate for Fluor Corporation shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on December 18, 2024. While these analysts kept the previous recommendation, Citigroup raised their target price from $52 to $65. The new note on the price target was released on October 22, 2024, representing the official price target for Fluor Corporation stock. Previously, the target price had yet another raise to $57, while KeyBanc Capital Markets analysts kept a Overweight rating on FLR stock.
The Average True Range (ATR) for Fluor Corporation is set at 2.14, with the Price to Sales ratio for FLR stock in the period of the last 12 months amounting to 0.52. The Price to Book ratio for the last quarter was 3.66, with the Price to Cash per share for the same quarter was set at 17.53. Price to Free Cash Flow for FLR in the course of the last twelve months was 12.97 with Quick ratio for the last quarter at 1.77.
FLR Stock Performance Analysis:
Fluor Corporation [FLR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -11.35. With this latest performance, FLR shares dropped by -5.07% in over the last four-week period, additionally plugging by 0.90% over the last 6 months – not to mention a rise of 25.95% 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 42.20, with the RSI for the last a single of trading hit 40.90, and the three-weeks RSI is set at 43.31 for Fluor Corporation [FLR]. The present Moving Average for the last 50 days of trading for this stock 52.25, while it was recorded at 50.17 for the last single week of trading, and 47.70 for the last 200 days.
Insight into Fluor Corporation Fundamentals:
Fluor Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.77 and a Current Ratio set at 1.77.
FLR Stock EPS
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 4.74%.
Fluor Corporation [FLR] Institutonal Ownership Details
There are presently around $92.77%, or 94.04%% of FLR stock, in the hands of institutional investors. The top three institutional holders of FLR stocks are: BLACKROCK INC. with ownership of 20.89 million shares, which is approximately 12.2139%. VANGUARD GROUP INC, holding 17.36 million shares of the stock with an approximate value of $$755.87 million in FLR stocks shares; and VANGUARD GROUP INC, currently with $$645.97 million in FLR stock with ownership which is approximately 8.6742%.
