On November 25, 2024, Mark Fields, Group President at Fluor Corp (FLR, Financial), sold 50,000 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 147,044.8 shares of the company.
Fluor Corp (FLR) is a global engineering and construction firm that provides services in the fields of oil and gas, industrial and infrastructure, government, and power. The company is known for its expertise in delivering complex and challenging projects worldwide.
The insider transaction history for Fluor Corp shows that there have been no insider buys in total over the past year. Meanwhile, there have been five insider sells over the same timeframe. Over the past year, Mark Fields has sold 50,000 shares in total and purchased zero shares in total.
Shares of Fluor Corp were trading for $56.63 apiece on the day of Mark Fields’s recent sell. This gives the stock a market cap of $9.611 billion. The price-earnings ratio is 38.92, which is higher than the industry median of 15.76 and higher than the company’s historical median price-earnings ratio.
With a price of $56.63 and a GuruFocus Value of $33.63, Fluor Corp has a price-to-GF-Value ratio of 1.68. This means the stock is significantly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus that is calculated based on the following three factors:
- Historical multiples (price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow) that the stock has traded at.
- A GuruFocus adjustment factor based on the company’s past returns and growth.
- Future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
