Fluor Corp (NYSE: FLR) stock closed at $50.93 on 11/8/24 after a major decline of -13.6%. Moreover, trading volume in this decline was exceptionally high at 613% of normal. The stock has declined -2.6% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, FLR is expected to continue to be a major Value Builder.
Fluor has a current Value Trend Rating of B (Positive). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Fluor has a slightly negative Appreciation Score of 34 but a very high Power Rating of 95, triggering the Positive Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
Be the first to comment