Fluor Corp. (NYSE:FLR)‘s stock had its “top pick” rating restated by equities researchers at FBR Capital Markets in a research report issued on Wednesday, AnalystRatingsNetwork.com reports.
Several other analysts have also recently commented on the stock. Analysts at Ned Davis Research upgraded shares of Fluor Corp. from a “neutral” rating to a “buy” rating in a research note to investors on Monday, July 8th. Separately, analysts at Goldman Sachs Group Inc. reiterated a “neutral” rating on shares of Fluor Corp. in a research note to investors on Monday, June 17th. They now have a $71.00 price target on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Fluor Corp. in a research note to investors on Monday, June 10th. They now have a $65.00 price target on the stock.
Three equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the stock. Fluor Corp. currently has an average rating of “Buy” and a consensus target price of $74.47.
Shares of Fluor Corp. (NYSE:FLR) traded up 2.83% during mid-day trading on Wednesday, hitting $64.33. Fluor Corp. has a one year low of $48.89 and a one year high of $66.90. The stock’s 50-day moving average is currently $60.68. The company has a market cap of $10.478 billion and a P/E ratio of 22.27.
Fluor Corp. (NYSE:FLR) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.98 earnings per share for the quarter, missing the analysts’ 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. Analysts expect that Fluor Corp. will post $4.14 EPS for the current fiscal year.
Fluor Corporation (NYSE:FLR) is a holding company.
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