Added to YB: 2024-01-22
Pitch date: 2024-01-20
FLR [bullish]
Fluor Corporation
+42.39%
current return
Author Info
No bio for this author
Company Info
Fluor Corporation provides engineering, procurement, and construction (EPC); fabrication and modularization; and project management services worldwide.
Market Cap
$7.1B
Pitch Price
$37.11
Price Target
45.00 (-15%)
Dividend
N/A
EV/EBITDA
494.29
P/E
-156.19
EV/Sales
0.29
Sector
Construction and Engineering
Category
growth
Fluor: Stock Has A Positive Outlook With Steady Flow Of Contracts
$FLR upbeat 2024: consistent contracts drive growth in energy, infra, mining, life sci & tech; recent wins: BHP potash, $3B+ Dow net-zero cracker, Gordie Howe bridge upgrade to C$6.4B; $26B Q3 backlog; rising US infra spend & constr, IaaS mrkt to $807B 2032; PE 14x < peers; 22% upside to $45 if deliver
Read full article (5 min)