MKM Partners Initiates Coverage on Fluor Corporation (NEW)(NYSE:FLR). The shares have been rated Neutral. The rating by MKM Partners was issued on Jun 29, 2016.
In a different note, On Apr 6, 2016, Deutsche Bank said it Assumes its rating on Fluor Corporation (NEW). The shares have been rated ‘Hold’ by the firm.
Fluor Corporation (NEW) (FLR) shares turned negative on Fridays trading session with the shares closing down -0.04 points or -0.08% at a volume of 11,96,209. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $50.29. The peak price level was also seen at $50.29 while the days lowest was $48.88. Finally the shares closed at $49.24. The 52-week high of the shares is $55.69 while the 52-week low is $39.48. According to the latest information available, the market cap of the company is $6,856 M.
Fluor Corporation (NEW)(FLR) last announced its earnings results on May 5, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $4.42B. Analysts had an estimated revenue of $4.42B. Earnings per share were $0.85. Analysts had estimated an EPS of $0.85.
Several Insider Transactions has been reported to the SEC. On Aug 26, 2015, Deborah D Mcwhinney (director) purchased 2,352 shares at $42.50 per share price.Also, On Mar 11, 2015, Gary G. Smalley (Sr Vice Pres and Controller) sold 3,883 shares at $57.27 per share price.
Fluor Corporation (Fluor) is a holding company. The Company is a professional services company. The Company provides engineering procurement construction fabrication and modularization commissioning and maintenance as well as project management services. It operates in five segments: Oil & Gas Industrial & Infrastructure Government Global Services and Power. Through its Oil & Gas segment Fluor serves the oil and gas production processing and chemical and petrochemical industries. The Industrial & Infrastructure segment provides design engineering procurement construction operations and maintenance and project management services. The Government segment is a provider of engineering construction logistics and environmental and nuclear services among others. The Global Services segment provides a range of solutions to support projects across Fluor groups. In the Power segment it provides a range of services to the gas-fueled and solid-fueled markets among others.