Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Materials & Construction industry lower today making it today's featured Materials & Construction laggard. The industry as a whole closed the day down 1.5%. By the end of trading, Fluor Corporation fell 69 cents (-1.2%) to $56 on average volume. Throughout the day, 1.5 million shares of Fluor Corporation exchanged hands as compared to its average daily volume of 1.6 million shares. The stock ranged in price between $55.36-$56.69 after having opened the day at $56.59 as compared to the previous trading day's close of $56.69. Other companies within the Materials & Construction industry that declined today were:
), down 19.1%,
), down 8%,
), down 7.3%, and
), down 6.8%.
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Fluor Corporation, through its subsidiaries, provides engineering, procurement, construction, maintenance, and project management services worldwide. Fluor Corporation has a market cap of $9.8 billion and is part of the
sector. The company has a P/E ratio of 16.6, equal to the average materials & construction industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 12.8% year to date as of the close of trading on Tuesday. Currently there are 16 analysts that rate Fluor Corporation a buy, no analysts rate it a sell, and one rates it a hold.
TheStreet Ratings rates Fluor Corporation as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, good cash flow from operations, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Fluor Ratings Report.
- 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
- Find other investment ideas from our top rated ETFs lists.
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