Alert: Rating Downgrade (8/9/19)-Fluor Corp (NYSE: FLR).

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Stock Rating Downgrade

Recently the Value Trend Rating for Fluor Corp (NYSE: FLR) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.

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Recent Price Action

Fluor Corp (NYSE: FLR) stock closed at $19.41 on 8/9/19 after a large decline of -3.0%. NORMAL trading volume accompanied the decline. The stock has been extremely weak relative to the market over the last nine months and has declined -37.2% during the last week.

Current PriceTarget Research Rating

FLR is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Fluor has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Fluor has a slightly positive Appreciation Score of 63 but a very low Power Rating of 5, and the Negative Value Trend Rating results.

About John Lafferty 58018 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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