Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Fluor Corp (NYSE: FLR) weakened recently. FLR’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
On 11/15/24, Fluor Corp (NYSE: FLR) stock enjoyed a large increase of 2.2%, closing at $51.92. Moreover, this advance was accompanied by unusually high trading volume at 165% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -11.9% during the last week.
Current PriceTarget Research Rating
Fluor has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Fluor has a poor Appreciation Score of 28 but a very high Power Rating of 95, and the High Neutral Value Trend Rating results.
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