Fluor FLR has been analyzed by 6 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 4 | 1 | 1 | 0 | 0 |
Last 30D | 0 | 0 | 1 | 0 | 0 |
1M Ago | 0 | 0 | 0 | 0 | 0 |
2M Ago | 3 | 1 | 0 | 0 | 0 |
3M Ago | 1 | 0 | 0 | 0 | 0 |
Analysts have set 12-month price targets for Fluor, revealing an average target of $63.5, a high estimate of $66.00, and a low estimate of $58.00. Witnessing a positive shift, the current average has risen by 14.41% from the previous average price target of $55.50.
Investigating Analyst Ratings: An Elaborate Study
An in-depth analysis of recent analyst actions unveils how financial experts perceive Fluor. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Andrew Wittmann | Baird | Raises | Neutral | $58.00 | $54.00 |
Brent Thielman | DA Davidson | Raises | Buy | $65.00 | $58.00 |
Sangita Jain | Keybanc | Raises | Overweight | $64.00 | $57.00 |
Steven Fisher | UBS | Raises | Buy | $63.00 | $51.00 |
Andrew Kaplowitz | Citigroup | Raises | Buy | $65.00 | $52.00 |
Jamie Cook | Truist Securities | Raises | Buy | $66.00 | $61.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Fluor. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Fluor compared to the broader market.
- Price Targets: Delving into movements, analysts provide estimates for the future value of Fluor's stock. This analysis reveals shifts in analysts' expectations over time.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Fluor's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
Stay up to date on Fluor analyst ratings.
Discovering Fluor: A Closer Look
Fluor is one of the largest global providers of engineering, procurement, construction, fabrication, operations, and maintenance services. The firm serves a wide range of end markets including oil and gas, chemicals, mining, metals, and transportation. The company's business is organized into three core segments: urban solutions, mission solutions, and energy solutions. Fluor generated $15.5 billion in revenue in 2023.
Financial Milestones: Fluor's Journey
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Revenue Growth: Over the 3 months period, Fluor showcased positive performance, achieving a revenue growth rate of 3.31% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Industrials sector.
Net Margin: Fluor's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 1.32%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Fluor's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 2.46%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Fluor's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 0.78%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Fluor's debt-to-equity ratio is below the industry average at 0.5, reflecting a lower dependency on debt financing and a more conservative financial approach.
Analyst Ratings: What Are They?
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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