Coverage Initiated by Bank of America Co. – 3 stars for Fluor (NYSE:FLR)

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Stock analysts at Bank of America Co. – 3 stars initiated coverage on shares of  Fluor (NYSE:FLR) in a report issued on Friday. The brokerage set a Underperform rating on the Construction stock. A price-to-earnings ratio of #N/A and a beta of 2.84. Fluor has a twelve month low $10.64 of  and a twelve month high of $25.08.

Shares of Fluor traded up $0.16 on Friday, reaching $18.53. 1746297 shares of the stock traded hands, compared to its average volume of 2505082. Shares of Fluor were trading at $18.53 on Friday. The firm’s 50 day moving average is $16.47 and its 200 day moving average is 18.7.Fluor  has a 12 month low of $18.10 and a 12 month high of $25.08. While on yearly highs and lows, Fluor’s today has traded high as $18.56 and has touched $18.10 on the downward trend. See More Analyst Rating at: RATING

Fluor Earnings and What to expect: 

Fluor last announced its earnings results on August 5th, 2021. The construction company reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.08 by $0.24. The business earned $3.24 billion during the quarter, compared to analyst estimates of $3.20 billion. Its revenue was down 13.3% compared to the same quarter last year. Fluor has generated ($0.50) earnings per share over the last year (($1.53) diluted earnings per share). Earnings for Fluor are expected to grow by 81.97% in the coming year, from $0.61 to $1.11 per share. Fluor has confirmed that its next quarterly earnings report will be published on Friday, November 5th, 2021. Fluor will be holding an earnings conference call on Friday, November 5th at 8:30 AM Eastern. Interested parties can .

Earnings for Fluor are expected to grow by 81.97% in the coming year, from $0.61 to $1.11 per share. The P/E ratio of Fluor is -12.11, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Fluor is -12.11, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Fluor has a P/B Ratio of 2.06. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Fluor (NYSE:FLR) Moving Average Technical Analysis

5 day Moving Average is 18.24 And 5 day price change is 1.11 (0.0637)  with average volume for 5 day average is 2,528,820. While technical analysis for average 20 days shows significant difference, 20 day moving average is  16.99 and 20 day price change is 2.32 (0.1431) and average 20 day moving volume is 2,725,565. 50 day moving average is 16.47  and 50 day price change is 0.6 ( 0.0335)  and with average volume for 50 days is : 2,099,272. 200 day moving average is 18.7  and 200 day price change is 0.74 (0.0416)  and with average volume for 200 days is : 2,518,237.

Other owners latest trading in Fluor :

  • On 10/21/2021 shares held by Kestra Private Wealth Services LLC were 15,198 which equates to market value of $0.24M and appx 0.00% owners of Fluor
  • On 10/21/2021 shares held by Wesleyan Assurance Society were 190,000 which equates to market value of $3.03M and appx 0.40% owners of Fluor
  • On 10/20/2021 shares held by Galibier Capital Management Ltd. were 221,732 which equates to market value of $3.54M and appx 0.50% owners of Fluor
  • In total Institutional ownership equates to Institutional Ownership Percentage: 81.93% for Fluor

See More Analyst Rating at: RATING