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Fluor's Stock Soars 55% in 3 Months: Should You Buy the Surge or Wait?
Fluor's Stock Soars 55% in 3 Months: Should You Buy the Surge or Wait?

Yahoo

time11-07-2025

  • Business
  • Yahoo

Fluor's Stock Soars 55% in 3 Months: Should You Buy the Surge or Wait?

Fluor Corporation's FLR share price performance has soared in the past three months by 54.8%, significantly outperforming the Zacks Engineering - R and D Services industry, the broader Zacks Construction sector and the S&P 500 index. The detailed share price performance can be studied from the chart below. Image Source: Zacks Investment Research This Texas-based engineering, procurement, construction and maintenance services provider's prospects are gaining from the robust demand trends for infrastructure projects for data centers, semiconductors, pharmaceuticals, energy transition, fuel production, and mining and metals. This diversified service offering approach significantly reduces the company's exposure to market uncertainties. Moreover, FLR's balanced capital allocation approach, combined with its refined business strategy, aims to drive shareholder value, boding well for its to the strong trends for its service offerings in the market, during the past three months, FLR has outshone a few of the other market players, including EMCOR Group, Inc. EME, AECOM ACM and Jacobs Solutions Inc. J. During the said time frame, shares of EMCOR, AECOM and Jacobs Solutions have gained 41.9%, 22.6% and 15.5%, Fluor is thriving in the public infrastructure market, it is being simultaneously pulled back to some extent by the ongoing market uncertainties. The company's prospects are being partially hindered by the risks of project delays, unfavorable currency translation, tariff-related ambiguity, lingering inflationary pressures and global political unrest. Favorable Market Trends Boosting Backlog: As Fluor operates globally and across diversified market sectors, its backlog trends are favoring its revenue visibility and profitability for the near and long term. The global market is actively shifting its focus to AI alternatives, undergoing a technological revolution, reducing carbon footprint and ensuring sustainability alongside caring about health and wellness. These market trends are, in turn, proving favorable for the company's backlog growth and revenue visibility. Moreover, market players like EMCOR, Jacobs Solutions and AECOM are also benefiting from the increased public infrastructure demand the first quarter of 2025, Fluor secured consolidated new awards totaling $5.8 billion, with a book-to-burn ratio of 1.5x. This brought its total backlog to $28.7 billion, with 79% classified as reimbursable, mainly including strong contributions from life sciences and infrastructure. The company's strategic approach toward the majority of its backlog being reimbursable reduces the lump-sum risks associated with projects, thus improving its margin expansion Business Strategy: During the first quarter of 2025, Fluor outlined its strategy for the 2025-2028 period, shifting from the "fix and build" phase to "grow and execute". The focus will transition from revitalizing the capital structure to generating cash and earnings. Financial discipline will remain a key priority, with it maintaining its approach to fair contract terms and risk into this strategy puzzle is the company's market diversity approach. FLR's strategy of maintaining a good business portfolio mix permits it to focus on the more stable business markets and capitalize on developing the cyclical markets at suitable times. Moreover, the company's efforts to transform its EPC model into an integrated solution are encouraging. It believes that this will help in expanding its scope of work on a project, improve client satisfaction and provide an opportunity to generate greater Shareholders: Fluor is not only undertaking strategies to boost its business growth and increase free cash flow, but is also acting upon its commitment to return capital to shareholders. During the first quarter of 2025, the company repurchased 3,576,745 shares of its common stock for $142 million, with an additional repurchase of approximately 1.5 million shares for $51 million between April 1 and April 25, FLR expects to repurchase $150 million worth of its common stock during the second quarter of 2025 and approximately $300 million worth of stock during the latter half of 2025. The company's current valuation is enticing for investors. FLR stock is currently trading at a discount compared with its industry peers on a forward 12-month price-to-earnings (P/E) ratio basis. The discounted valuation indicates an attractive option for investors looking for a suitable entry point. Image Source: Zacks Investment Research That said, in the long term, the valuation could move toward a premium, given the favorable market fundamentals backing the company's revenue visibility. FLR's earnings estimates for 2025 and 2026 have remained unchanged over the past 60 days at $2.51 and $2.78 per share, respectively. However, the estimated figures for 2025 and 2026 imply year-over-year growth of 8.2% and 10.9%, respectively. EPS Trend Image Source: Zacks Investment Research The favorable year-over-year comparisons indicate that, despite external risks, FLR will be able to capitalize on its in-house business strategies and ensure incremental prospects. Project Delays: Fluor is facing minor delays in project execution due to market-driven decisions and ongoing tariff challenges. These factors have added some pressure on timelines, though no widespread slowdown has been observed. Currently, the delay in the Dow's 'Path to Zero' project is concerning for the company's revenue visibility. The client put a pause on the construction activity due to market conditions and pricing Risks: The company is exposed to market volatility given its nature of business. Volatility in commodity prices and the cyclical nature of its commodity-based business lines pose significant challenges for Fluor. Moreover, operating in the global market makes the company vulnerable to foreign currency risk, especially when project contract revenues are denominated in a currency different than the contract costs. Fluor is immensely benefiting from the ongoing robust market trends across several sectors for infrastructure and other related services. The growing project demand for energy transition, fuel production, mining and metals, and data centers is proving favorable for the company's prospects, and given the market's focal shift, the trends are expected to continue in the long the tailwinds backing FLR are being partially overshadowed by the uncertainties looming over the global market. Project delays, foreign exchange risks, inflation and global political unrest are currently posing threats to the company's growth by considering both sides of the coin, it will be prudent for existing investors to retain this Zacks Rank #3 (Hold) company's shares for now, whereas new investors might want to wait for a more favorable entry can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Fluor Corporation (FLR) : Free Stock Analysis Report AECOM (ACM) : Free Stock Analysis Report EMCOR Group, Inc. (EME) : Free Stock Analysis Report Jacobs Solutions Inc. (J) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research

FLR vs. PWR: Which Stock Is the Better Value Option?
FLR vs. PWR: Which Stock Is the Better Value Option?

Yahoo

time11-07-2025

  • Business
  • Yahoo

FLR vs. PWR: Which Stock Is the Better Value Option?

Investors interested in stocks from the Engineering - R and D Services sector have probably already heard of Fluor (FLR) and Quanta Services (PWR). But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify stocks with specific traits. Currently, Fluor has a Zacks Rank of #2 (Buy), while Quanta Services has a Zacks Rank of #3 (Hold). The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that FLR has an improving earnings outlook. But this is only part of the picture for value investors. Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share price levels. Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years. FLR currently has a forward P/E ratio of 19.78, while PWR has a forward P/E of 34.95. We also note that FLR has a PEG ratio of 2.38. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. PWR currently has a PEG ratio of 2.59. Another notable valuation metric for FLR is its P/B ratio of 2.29. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. By comparison, PWR has a P/B of 7.16. Based on these metrics and many more, FLR holds a Value grade of B, while PWR has a Value grade of D. FLR is currently sporting an improving earnings outlook, which makes it stick out in our Zacks Rank model. And, based on the above valuation metrics, we feel that FLR is likely the superior value option right now. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Fluor Corporation (FLR) : Free Stock Analysis Report Quanta Services, Inc. (PWR) : Free Stock Analysis Report Nu Holdings Ltd. (NU) : Free Stock Analysis Report Grand Canyon Education, Inc. (LOPE) : Free Stock Analysis Report HealthEquity, Inc. (HQY) : Free Stock Analysis Report Compagnie Financiere Richemont AG (CFRUY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio

First volume of international military law journal released by Panjab University V-C
First volume of international military law journal released by Panjab University V-C

Indian Express

time28-06-2025

  • Politics
  • Indian Express

First volume of international military law journal released by Panjab University V-C

The first volume of the Forces Law Review (FLR), billed as the first international military law journal, was released Friday by Panjab University Vice-Chancellor (V-C) Renu Vig. At the event, certificates were also distributed to the Indian student editors who contributed to the publication. The FLR is a collaborative effort between the National Institute of Military Justice (NIMJ), Washington DC, and the Centre for Constitution & Public Policy (CCPP), University Institute of Legal Studies (UILS), Panjab University, Chandigarh. It focuses on issues related to the defence services and other uniformed forces including the police, paramilitary, and armed police forces. The journal's editorial oversight is led by three honorary chief editors — professor Franklin Rosenblatt, president of NIMJ; professor Shruti Bedi, Director of UILS; and Major Navdeep Singh, advocate at the Punjab and Haryana High Court. The Editorial Advisory Board comprises legal and academic experts from across the world. Six student editors were selected globally to assist with the project. Indian members of the advisory board include Justice Rajiv Narain Raina, senior advocate Sanjeev Sharma, and Additional Solicitor General Aishwarya Bhati. The journal features case briefs, summaries of landmark judgments from constitutional and appellate courts worldwide, and includes sections on recent legal developments and contributed opinion pieces. The inaugural volume includes messages from Supreme Court's Justice Augustine George Masih, Chairperson of the Armed Forces Tribunal Justice Rajendra Menon, PU V-CRenu Vig, and head of the military judiciary in the United Kingdom Justice Alan Large.

Fluor awarded $560.49M Navy contract modification
Fluor awarded $560.49M Navy contract modification

Business Insider

time18-06-2025

  • Business
  • Business Insider

Fluor awarded $560.49M Navy contract modification

Fluor (FLR) was awarded a $560.49M cost-plus-fixed-fee modification to previously awarded contract for Naval Nuclear Propulsion work at the Naval Nuclear Laboratory. Naval Sea Systems Command is the contracting activity. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Haryana aims to rejuvenate 37k hectares of its Aravali region
Haryana aims to rejuvenate 37k hectares of its Aravali region

Time of India

time17-06-2025

  • General
  • Time of India

Haryana aims to rejuvenate 37k hectares of its Aravali region

Gurgaon: Haryana unveiled a comprehensive forest landscape restoration (FLR) initiative on Tuesday to mark World Day to Combat Desertification and Drought. The four Aravali states participated in a workshop in Jodhpur to unveil this plan, which aimed to restore the degraded Aravalis. Tired of too many ads? go ad free now This multi-faceted plan by Haryana aims to rejuvenate 37,017 hectares of its Aravali region, where 69.5% of the degraded area is classified as forest land, followed by 13.2% scrubland and 17.3% degraded agriculture land, according to the ministry of environment, forest and climate change (MoEFCC). The core strategy involves the systematic uprooting of invasive species like Prosopis juliflora, followed by the mixed plantation of indigenous Aravali species. The initiative aims for the plantation of 1,000 plants per hectare, with three plants per trench. Plus, seeding in patches of Aravali species will be done in equal numbers, and bamboos will be planted in areas with good soil depth where continuous contour trenching is feasible. The restoration process includes "scattered pit plantation" or "contour trench plantation" on hilly terrains, and the model is based on natural processes, and rainwater will be conserved in situ with indigenous Aravalli and arid region species comprising 25% of the total plants. "The restoration efforts will be meticulously aligned with existing schemes from multiple ministries, operating under a convergent governance model. This will involve oversight by district collectors and coordination through inter-departmental committees, ensuring a holistic and integrated approach. We will be developing strategies for five Aravalis districts for year-long plans. The plan was discussed in Jodhpur today where the nodal officer for Haryana showcased the plan," Haryana's principal chief conservator of forests (PCCF) Vineet Kumar Garg, told TOI. Tired of too many ads? go ad free now Joint forest management committees (JFMCs), self-help groups (SHGs), and watershed committees will be a part of the plan with participatory rural appraisals (PRA), detailed mapping exercises, and micro-watershed delineation. Among the state's Aravali districts, Gurgaon has been worst affected by the environmental crisis, accounting for 13,935 hectares (78.6%) of degraded land, 2,322 hectares (13.1%) of scrub, and 1,464 hectares (8.3%) of degraded agricultural land.

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