With 3.56 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.23 million shares. The 52-week range on FLR shows that it touched its highest point at $60.10 and its lowest point at $29.20 during that stretch. It currently has a 1-year price target of $45.61. Beta for the stock currently stands at 1.26.
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 up-trending over the past week, with a rise of 10.42%, but this was up by 16.50% over a month. Three-month performance dropped to -18.99% while six-month performance fell -34.21%. The stock lost -0.67% in the past year, while it has lost -21.39% so far this year. A look at the trailing 12-month EPS for FLR yields 10.44 with Next year EPS estimates of 2.81. For the next quarter, that number is 0.55. This implies an EPS growth rate of 8.91% for this year and 11.38% for next year.
Float and Shares Shorts:
At present, 166.16 million FLR shares are outstanding with a float of 162.09 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 $0.71 and the low estimate is $0.57. The average estimate for the next quarter is thus $0.63.
