Momentum Is Strong For Fluor Corporation (NYSE: FLR)

After Hours

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. Earlier, Yahoo Finance discussed this stock as it revealed Fluor Selected as FEMA’s East Zone Contractor for its Public Assistance Technical Assistance Contracts V.

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Stocks Info

This NYSE-listed company operates within the Engineering & Construction industry segment, falling under the Industrials sector. At the end of the last regular session, the stock closed at $40.07 and fluctuated between $41.01 as its day high and $39.98 as its day low. The current market capitalization of Fluor Corporation is $6.83B. A total of 2.21 million shares were traded on the day, compared to an average of 1.60M shares.

Insider trades can also provide insight into a stock’s future direction. During the recent three months, FLR has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 11,889 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.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Fluor Corporation pays an annual dividend of $0.09, resulting in a dividend yield of 0.23%, and it has a price to earnings (P/E) ratio of 65.13.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for FLR in the last 3 months, the mean price target is $45.57 with high estimates of $50.00 and low estimates of $39.00. In terms of 52-week highs and lows, FLR has a high of $40.76 and a low of $25.69.

As of this writing, FLR has an earnings estimate of $0.57 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $0.72 per share and a lower estimate of $0.5. 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

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. FLR’s latest balance sheet shows that the firm has $2.34B in Cash & Short Term Investments as of fiscal 2021. There were $1.19B in debt and $3.61B in liabilities at the time. Its Book Value Per Share was $11.05, while its Total Shareholder’s Equity was $1.57B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside 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 3.86.

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