Fluor Corporation provides engineering, procurement, construction, fabrication and modularization, commissioning and maintenance, and project management services worldwide. The company was founded in 1912 and is based in Irving, Texas.
FLR Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Fluor Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Fluor Corp ranked in the 8th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. The most interesting components of our discounted cash flow analysis for Fluor Corp ended up being:
Interest coverage, a measure of earnings relative to interest payments, is -13.59; that's higher than only 4.13% of US stocks in the Industrials sector that have positive free cash flow.
Its compound free cash flow growth rate, as measured over the past 5.61 years, is -0.22% -- higher than merely 6.87% of stocks in our DCF forecasting set.
Fluor Corp's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Fluor Corp? See CODA, CVU, LNN, PFMT, and CFX.
Fluor's (FLR) subsidiary Fluor Marine Propulsion has been awarded a $1.12B cost-plus-fixed fee modification to a previously awarded contract to exercise the fiscal 2021 option for naval nuclear propulsion work at the Naval Nuclear Laboratory.Work to be performed in Pittsburgh, Pennsylvania (48%); Schenectady, New York (42%); and Idaho Falls, Idaho (10%),...
IRVING, Texas & PHOENIX--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that the Loop 202 South Mountain Freeway project in the Phoenix metropolitan area—the largest project ever managed by the Arizona Department of Transportation (ADOT)—has been selected as one of the top 12 finalists in the national America’s Transportation Awards competition. This annual event recognizes projects that make travel in the U.S. safer, better and more accessible to motorists, bicyclists and pedes
Pre-open movers U.S. stock futures traded slightly lower in early pre-market trade, after posting modest gains in the previous session on hopes of a fresh round of stimulus. Investors are awaiting earnings from Fluor Corporation (NYSE: FLR ). Data on durable goods orders for August will be released at 8:30 a.m. ET. Durable goods orders are projected to rise 1.5% in August following an 11.4% surge in July. Federal Reserve Bank of New York President John Williams is set to speak at 9:00 a.m. ET. Futures for the Dow Jones Industrial Average declined 69 points to 26,646 while the Standard & Poor’s 500 index futures traded fell 8.25 points to 3,229.75. Futures for the Nasdaq 100 index declined 37 points to 10,854.75. The U.S. has the highest number of COVID-19 cases and deaths … Full story a...
Some of the stocks that may grab investor focus today are: Wall Street expects Fluor Corporation (NYSE: FLR ) to report quarterly earnings at $0.28 per share on revenue of $4.05 billion before the opening bell. Fluor shares gained 1.1% to $9.45 in after-hours trading. Novavax, Inc. (NASDAQ: NVAX ) announced plans to launch a large-scale diverse Phase … Full story available on Benzinga.com
Companies Reporting Before The Bell • Fluor (NYSE: FLR ) is projected to report quarterly earnings at $0.28 per share on revenue of $4.05 billion. • Aesthetic Medical … Full story available on Benzinga.com