Fluor Co. (NEW) (FLR) Earns News Impact Score of 0.16
Media stories about Fluor Co. (NEW) (NYSE:FLR) have trended somewhat positive on Sunday, Accern reports. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Fluor Co. (NEW) earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave news articles about the construction company an impact score of 46.0863859794969 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news articles that may have impacted Accern Sentiment’s analysis:
- Corient Capital Partners LLC Sells 2,602 Shares of Fluor Co. (NEW) (FLR) (americanbankingnews.com)
- ValuEngine Upgrades Fluor Co. (NEW) (FLR) to “Buy” (americanbankingnews.com)
- 51,900 Shares in Fluor Co. (NEW) (FLR) Acquired by W. E. Donoghue & Co. LLC (americanbankingnews.com)
- State of Wisconsin Investment Board Cuts Position in Fluor Co. (NEW) (FLR) (americanbankingnews.com)
- Fluor Co. (NEW) (FLR) Shares Bought by Standard Life Aberdeen plc (americanbankingnews.com)
Shares of Fluor Co. (FLR) traded up $0.81 during trading on Friday, reaching $56.59. 1,230,304 shares of the company’s stock were exchanged, compared to its average volume of 1,650,421. Fluor Co. has a 1 year low of $37.04 and a 1 year high of $62.09. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.57 and a quick ratio of 1.16. The firm has a market capitalization of $7,917.34, a price-to-earnings ratio of 41.61, a P/E/G ratio of 1.04 and a beta of 1.52.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 3rd. Shareholders of record on Thursday, March 1st will be given a $0.21 dividend. The ex-dividend date of this dividend is Wednesday, February 28th. This represents a $0.84 dividend on an annualized basis and a yield of 1.48%. Fluor Co. (NEW)’s dividend payout ratio is currently 61.76%.
Several analysts recently issued reports on the stock. Barclays increased their price target on shares of Fluor Co. (NEW) from $54.00 to $57.00 and gave the stock a “hold” rating in a research report on Wednesday, January 24th. Alembic Global Advisors reiterated a “hold” rating on shares of Fluor Co. (NEW) in a research report on Wednesday, February 21st. Credit Suisse Group reiterated an “outperform” rating and set a $73.00 price target (up previously from $71.00) on shares of Fluor Co. (NEW) in a research report on Thursday, February 22nd. Citigroup increased their price target on shares of Fluor Co. (NEW) from $74.00 to $75.00 and gave the stock a “buy” rating in a research report on Wednesday, February 21st. Finally, KeyCorp reiterated an “overweight” rating and set a $64.00 price target (up previously from $61.00) on shares of Fluor Co. (NEW) in a research report on Wednesday, February 21st. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $58.00.
In other Fluor Co. (NEW) news, insider Ray F. Barnard sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 28th. The shares were sold at an average price of $57.50, for a total value of $1,150,000.00. Following the sale, the insider now owns 53,892 shares in the company, valued at $3,098,790. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Robin K. Chopra sold 5,553 shares of the firm’s stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of $57.49, for a total transaction of $319,241.97. The disclosure for this sale can be found here. Insiders sold 106,200 shares of company stock worth $6,086,916 in the last 90 days. Company insiders own 1.30% of the company’s stock.
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About Fluor Co. (NEW)
Fluor Corporation (Fluor) is a holding company. The Company operates its business in four segments: Energy, Chemicals & Mining; Industrial, Infrastructure & Power; Government, and Maintenance, Modification & Asset Integrity (MMAI). The Company, through its subsidiaries, offers professional services providing engineering, procurement, construction, fabrication and modularization, commissioning and maintenance, as well as project management services on a global basis.
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