Fluor Co. (NEW) (FLR) Receiving Somewhat Positive Press Coverage, Report Finds

Media stories about Fluor Co. (NEW) (NYSE:FLR) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Fluor Co. (NEW) earned a daily sentiment score of 0.18 on Accern’s scale. Accern also assigned media coverage about the construction company an impact score of 46.9394026622311 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Here are some of the news headlines that may have effected Accern Sentiment’s analysis:

Fluor Co. (FLR) traded down $0.01 on Thursday, hitting $57.36. The stock had a trading volume of 425,743 shares, compared to its average volume of 1,570,832. The company has a quick ratio of 1.18, a current ratio of 1.56 and a debt-to-equity ratio of 0.46. The firm has a market cap of $8,060.00, a PE ratio of 40.15, a P/E/G ratio of 2.66 and a beta of 1.53. Fluor Co. has a 1-year low of $37.03 and a 1-year high of $62.09.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 3rd. Stockholders of record on Thursday, March 1st will be issued a $0.21 dividend. The ex-dividend date is Wednesday, February 28th. This represents a $0.84 annualized dividend and a dividend yield of 1.46%. Fluor Co. (NEW)’s dividend payout ratio is currently 58.74%.

Several research analysts have weighed in on the company. KeyCorp lifted their target price on Fluor Co. (NEW) from $54.00 to $61.00 and gave the company an “overweight” rating in a research note on Thursday, February 8th. Citigroup lifted their target price on Fluor Co. (NEW) from $53.00 to $74.00 and gave the company a “buy” rating in a research note on Tuesday, February 6th. Barclays lifted their target price on Fluor Co. (NEW) from $54.00 to $57.00 and gave the company a “hold” rating in a research note on Wednesday, January 24th. Credit Suisse Group upgraded Fluor Co. (NEW) from a “neutral” rating to an “outperform” rating and set a $71.00 target price on the stock in a research note on Thursday, January 18th. Finally, MKM Partners set a $56.00 target price on Fluor Co. (NEW) and gave the company a “hold” rating in a research note on Wednesday, January 17th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $54.62.

In other Fluor Co. (NEW) news, insider Jose Luis M. Bustamante sold 2,750 shares of the firm’s stock in a transaction on Friday, December 1st. The stock was sold at an average price of $48.63, for a total transaction of $133,732.50. Following the completion of the transaction, the insider now owns 38,757 shares of the company’s stock, valued at $1,884,752.91. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Chairman David Thomas Seaton sold 40,000 shares of the firm’s stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $47.57, for a total value of $1,902,800.00. Following the transaction, the chairman now directly owns 276,643 shares of the company’s stock, valued at approximately $13,159,907.51. The disclosure for this sale can be found here. Insiders sold a total of 45,932 shares of company stock valued at $2,191,092 over the last three months. Insiders own 1.30% of the company’s stock.

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Fluor Co. (NEW) Company Profile

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.

Insider Buying and Selling by Quarter for Fluor Co. (NEW) (NYSE:FLR)

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