News stories about Fluor Corporation (NYSE:FLR) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Fluor Corporation earned a news sentiment score of 0.24 on Accern’s scale. Accern also gave press coverage about the construction company an impact score of 47.3168081738054 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news stories that may have impacted Accern Sentiment Analysis’s rankings:
- Zacks: Brokerages Anticipate Fluor Corporation (FLR) Will Announce Quarterly Sales of $4.77 Billion (americanbankingnews.com)
- Stocks Under Review: Fluor Corporation, (NYSE: FLR), Waste Connections, Inc., (NYSE: WCN), Ramco-Gershenson … – Stocks In The News (press release) (tradingnewsnow.com)
- $0.63 EPS Expected for Fluor Corporation (FLR) This Quarter (americanbankingnews.com)
- Reviewing Fluor Corporation (FLR) and Stantec (STN) (americanbankingnews.com)
- Zacks Investment Research Upgrades Fluor Corporation (FLR) to Hold (americanbankingnews.com)
FLR has been the subject of several research reports. Deutsche Bank AG lowered shares of Fluor Corporation from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $55.00 to $40.00 in a report on Friday, August 4th. DA Davidson lowered shares of Fluor Corporation from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $55.00 to $48.00 in a report on Friday, August 4th. Canaccord Genuity set a $48.00 price objective on shares of Fluor Corporation and gave the stock a “buy” rating in a report on Sunday, August 6th. Johnson Rice lowered shares of Fluor Corporation from a “buy” rating to an “accumulate” rating and decreased their price objective for the stock from $62.00 to $48.00 in a report on Monday, August 7th. Finally, Robert W. Baird restated a “hold” rating and issued a $40.00 price objective on shares of Fluor Corporation in a report on Tuesday, September 5th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $47.45.
Shares of Fluor Corporation (NYSE FLR) traded down $0.36 during trading on Tuesday, hitting $46.68. 1,200,800 shares of the company traded hands, compared to its average volume of 1,418,586. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.18 and a current ratio of 1.56. The company has a market cap of $6,579.73, a price-to-earnings ratio of 16.92, a price-to-earnings-growth ratio of 3.28 and a beta of 1.42. Fluor Corporation has a 52 week low of $37.03 and a 52 week high of $58.37.
Fluor Corporation (NYSE:FLR) last issued its quarterly earnings results on Thursday, November 2nd. The construction company reported $0.67 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.58 by $0.09. The company had revenue of $4.94 billion during the quarter, compared to analyst estimates of $4.73 billion. Fluor Corporation had a net margin of 1.03% and a return on equity of 11.69%. Fluor Corporation’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same period last year, the business earned $0.03 EPS. equities analysts anticipate that Fluor Corporation will post 1.56 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 3rd. Investors of record on Tuesday, December 5th will be paid a $0.21 dividend. The ex-dividend date is Monday, December 4th. This represents a $0.84 annualized dividend and a dividend yield of 1.80%. Fluor Corporation’s payout ratio is 58.74%.
Fluor Corporation Company Profile
Fluor Corporation (Fluor) is a holding company. The Company operates its business in four segments: Energy, Chemicals & Mining; Industrial, Infrastructure & Power; Government, and Maintenance, Modification & Asset Integrity (MMAI). The Company, through its subsidiaries, offers professional services providing engineering, procurement, construction, fabrication and modularization, commissioning and maintenance, as well as project management services on a global basis.
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