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, implying a possible profit of 36.08 percent. The minimum price target given was 44, implying a possible loss of -3.42 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.83 percent. That number becomes -19.04 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -0.62 percent. 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. Over the past month, 0 analysts increased their quarterly estimates, while 3 analysts revised their estimates downwards. 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. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. 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.
FLR has a 52-week high of 58.37 and a 52-week low of 43.65. The current market price is above the trailing year's low by 4.38 percent, and 21.95 percent below the 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.