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Tuesday, December 5, 2023

Is Fluor Corporation (NYSE: FLR) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Fluor Corporation (FLR) shows that investor sentiment remained same, with the stock’s consolidated last price to $35.89. The Fluor Corporation has recorded 186,250 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Fluor to Participate in Upcoming Investor Conferences.

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Stocks Info

FLR belongs to the Industrials sector of the NYSE while operating in the Engineering & Construction industry. At the end of the last regular session, the stock closed at $35.89 and fluctuated between $36.28 as its day high and $35.65 as its day low. The current market capitalization of Fluor Corporation is $6.11B. A total of 1.29 million shares were traded on the day, compared to an average of 2.02M shares.

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, FLR has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 27 BUYs and 17 SELLs from insiders. Insiders purchased 401,958 shares during that period but sold 209,710.

In the most recent transaction, Dillow Stacy L sold 20,000 shares of FLR for 30.30 per share on Jun 07. After the transaction, the EVP, Chief HR Officer now owns 75,929 company shares. In a previous transaction on Mar 03, Breuer James R sold 4,000 shares at 37.81 per share. FLR shares that Group President owns now total 41,742.


Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Fluor Corporation pays an annual dividend of $0.12, resulting in a dividend yield of 0.34%, and it has a price to earnings (P/E) ratio of 58.34.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for FLR in the last 3 months, the mean price target is $43.83 with high estimates of $50.00 and low estimates of $30.00. In terms of 52-week highs and lows, FLR has a high of $38.87 and a low of $25.69.

As of this writing, FLR has an earnings estimate of $0.59 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $0.72 per share and a lower estimate of $0.52. The company reported an EPS of $0.76 in the last quarter, which was 76.70% higher than expectations of $0.43.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. FLR’s latest balance sheet shows that the firm has $2.34B in Cash & Short Term Investments as of fiscal 2021. There were $1.17B in debt and $3.90B in liabilities at the time. Its Book Value Per Share was $11.05, while its Total Shareholder’s Equity was $1.57B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for FLR is Buy with a score of 4.20.

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