Stock To Watch: Fluor Corporation (NYSE:FLR)


The leading market experts have placed a mean price target of $54.3300 on Fluor Corporation (NYSE:FLR) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.9000 a share for the upcoming quarter and $3.2500 for the current fiscal.

Technical View

The technical analysis of Fluor Corporation Common Stock plainly substantiates that the 50-day moving average of Fluor Corporation Common Stock is $52.7117, and stock is trading $-0.0692 points away or -0.1313% from its 50-day moving average of $52.7117. Further it is trading $0.9841 or +1.9050% away its 200-day moving average of $51.6584. Fluor Corporation (NYSE:FLR) 52-week high is $55.6900 and the 52-week low is $39.4800.

This explains if the stock moves $-3.0475, it will post a 52-week high. In event of +33.3397% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Fluor Corporation Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Fluor Corporation (NYSE:FLR) ratio came in at 23.0282.

The stock last ended the trading session at $52.6425 and registered a market cap of $7.33B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Fluor Corporation (NYSE:FLR) PEG ratio is at 1.4200.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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