Analyst Ratings for Fluor Corp. (FLR)Updated: 2017-07-26
Fluor Corp. (NYSE:FLR) was awarded an average rating of Overweight from investment analysts following the stock. FLR had previously received a consensus rating of Overweight a month ago.
8 analysts declared FLR a buy, 0 issued an overweight rating, 10 issued a hold rating, 1 gave an underweight rating, and 0 issued a sell rating. Today, there are 2 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Several price targets were given for FLR by the analysts covering the stock. The most optimistic price target was 62, which equates to a potential upside of 36.08 percent. The lowest price target was 44, which equates to a potential downside of -3.42 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -0.83 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -19.04 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.62 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -16.89 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 3 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 2 analysts that revised their FY estimates downwards.
Analysts estimate earnings of FLR to grow at a rate of 41.88 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of FLR is 0.65.
FLR has a 52-week high of 58.37 and a 52-week low of 43.65. Today's price is 4.38 percent above the 52-week low, and 21.95 percent lower than its 52-week high. FLR has a P/E ratio of 27.17. Investors typically compare the P/E ratio to a company's peers in the industry. The FLR value stock report compares FLR to some of its peers using value stock charts. The market cap of FLR is $6.39 billion. FLR's next earnings release will be on 0000-00-00, which is days away.