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.
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.