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.
FLR was given price targets by several analysts. The highest price target was 62, implying potential capital gains of 36.08 percent. The most pessimistic analyst gave a price target of 44, implying potential capital losses of -3.42 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates downwards for this quarter, by about -0.83 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -19.04 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.62 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -16.89 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 3 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's 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. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. FLR has a PEG ratio of 0.65.
In the trailing 52-weeks, FLR hit 58.37 at the highest peak, while it's lowest trading point was 43.65. Currently the stock is 4.38 percent higher than its low, and below the high by 21.95 percent. FLR has a price/earnings 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 will post this quarters earnings in days, on 0000-00-00.