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.
A number of analysts gave price targets for FLR. The maximum price target given 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. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.83 percent. The average change in earnings estimates over the last 90 days 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.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 3 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 2 analysts made negative revisions to their fiscal year's estimates.
The growth rate of FLR's earnings is estimated by analysts to be 41.88 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. 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. Today's price is 4.38 percent above the 52-week low, and below the high by 21.95 percent. 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 stock has a market capitalization of $6.39 billion. FLR's next earnings release will be on 0000-00-00, which is days away.