Fluor Corp. Hits New 52-Week High at $75.82 (FLR)
Fluor Corp. (NYSE:FLR)’s share price reached a new 52-week high on Thursday, Analyst Ratings Network.com reports. The company traded as high as $75.82 and last traded at $75.52, with a volume of 879,161 shares traded. The stock had previously closed at $74.15.
A number of research firms have recently commented on FLR. Analysts at Stifel Nicolaus reiterated a “buy” rating on shares of Fluor Corp. in a research note to investors on Wednesday, October 9th. They now have a $90.00 price target on the stock, up previously from $74.00. Separately, analysts at Jefferies Group initiated coverage on shares of Fluor Corp. in a research note to investors on Wednesday, October 9th. They set a “buy” rating on the stock. Finally, analysts at DA Davidson downgraded shares of Fluor Corp. from a “buy” rating to a “neutral” rating in a research note to investors on Thursday, September 26th. They now have a $75.00 price target on the stock. Four research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the stock. Fluor Corp. currently has a consensus rating of “Buy” and an average price target of $75.46.
Fluor Corp. has a 52 week low of $51.09 and a 52 week high of $68.48. The stock has a 50-day moving average of $65.10 and a 200-day moving average of $62.28. The company has a market cap of $12.317 billion and a P/E ratio of 26.19.
Fluor Corp. (NYSE:FLR) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.98 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.01 by $0.03. The company had revenue of $7.19 billion for the quarter, compared to the consensus estimate of $7.26 billion. During the same quarter last year, the company posted $0.95 earnings per share. Fluor Corp.’s revenue was up .9% compared to the same quarter last year. On average, analysts predict that Fluor Corp. will post $4.08 earnings per share for the current fiscal year.
Fluor Corporation (NYSE:FLR) is a holding company.
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