Fluor Corporation (FLR): Today's Featured Materials & Construction Laggard
(
) pushed the Materials & Construction industry lower today making it today's featured Materials & Construction laggard. The industry as a whole closed the day down 0.6%. By the end of trading, Fluor Corporation fell $0.72 (-1.2%) to $58.30 on light volume. Throughout the day, 1,302,990 shares of Fluor Corporation exchanged hands as compared to its average daily volume of 2,049,300 shares. The stock ranged in price between $58.01-$59.25 after having opened the day at $58.97 as compared to the previous trading day's close of $59.02. Other companies within the Materials & Construction industry that declined today were:
(
), down 11.9%,
(
), down 6.7%,
(
), down 6.5% and
(
), down 5.7%.
Fluor Corporation, through its subsidiaries, provides engineering, procurement, construction, maintenance, and project management services worldwide. The company operates in five segments: Oil & Gas, Industrial & Infrastructure, Government, Global Services, and Power. Fluor Corporation has a market cap of $9.7 billion and is part of the industrial goods sector. The company has a P/E ratio of 21.2, above the S&P 500 P/E ratio of 17.7. Shares are up 1.0% year to date as of the close of trading on Monday. Currently there are 15 analysts that rate Fluor Corporation a buy, no analysts rate it a sell, and 2 rate it a hold.
TheStreet Ratings rates
Fluor Corporation
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full Fluor Corporation Ratings Report.
On the positive front,
(
), up 10.5%,
Integrated Electrical Services
(
), up 9.1%,
(
), up 6.7% and
Perma-Fix Environmental Services
(
), up 6.7% , were all gainers within the materials & construction industry with
(
) being today's featured materials & construction industry leader.
- Use our materials & construction section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the materials & construction industry could consider
(
) while those bearish on the materials & construction industry could consider
ProShares Short Basic Materials Fd
(
).
- Find other investment ideas from our top rated ETFs lists.
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