Peeling Back The Layers: Exploring Fluor Through Analyst Insights
4 analysts have shared their evaluations of Fluor (NYSE:FLR) during the recent three months, expressing a mix of bullish and bearish perspectives.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 1 | 1 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 1 | 1 | 0 | 0 | 0 |
| 3M Ago | 0 | 0 | 1 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $48.5, with a high estimate of $54.00 and a low estimate of $46.00. Witnessing a positive shift, the current average has risen by 7.78% from the previous average price target of $45.00.
Understanding Analyst Ratings: A Comprehensive Breakdown
A clear picture of Fluor's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below 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 |
|---|---|---|---|---|---|
| Jamie Cook | Truist Securities | Raises | Buy | $54.00 | $47.00 |
| Jamie Cook | Truist Securities | Raises | Buy | $47.00 | $46.00 |
| Andrew Wittmann | Baird | Raises | Outperform | $46.00 | $42.00 |
| Andrew Kaplowitz | Citigroup | Raises | Neutral | $47.00 | $45.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Fluor. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Fluor compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for Fluor's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Fluor's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Fluor analyst ratings.
Unveiling the Story Behind Fluor
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 Insights: Fluor
Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.
Revenue Challenges: Fluor's revenue growth over 3 months faced difficulties. As of 31 March, 2024, the company experienced a decline of approximately -0.48%. This indicates a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: Fluor's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 1.58%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Fluor's ROE excels beyond industry benchmarks, reaching 3.03%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Fluor's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.86%, the company showcases efficient use of assets and strong financial health.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.59.
Understanding the Relevance of Analyst Ratings
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a 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.
This article was generated by Benzinga's automated content engine and reviewed by an editor.