With 4.14 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.62 million shares. The 52-week range on FLR shows that it touched its highest point at $60.10 and its lowest point at $35.04 during that stretch. It currently has a 1-year price target of $52.89. Beta for the stock currently stands at 1.69.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of FLR was down-trending over the past week, with a drop of -16.02%, but this was down by -30.46% over a month. Three-month performance dropped to -28.74% while six-month performance fell -21.92%. The stock gained 2.72% in the past year, while it has lost -23.50% so far this year. A look at the trailing 12-month EPS for FLR yields 12.21 with Next year EPS estimates of 2.99. For the next quarter, that number is 0.49. This implies an EPS growth rate of 11.25% for this year and 16.01% for next year.
Float and Shares Shorts:
At present, 169.23 million FLR shares are outstanding with a float of 166.79 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for FLR since 7 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $2.63602 being high and $2.52701 being low. For FLR, this leads to a yearly average estimate of $2.59638. Based on analyst estimates, the high estimate for the next quarter is $0.64 and the low estimate is $0.53. The average estimate for the next quarter is thus $0.59.
