Back to top

Image: Bigstock

Fluor Corporation

Read MoreHide Full Article

Fluor’s market diversity, good business portfolio mix, robust level of backlogs, with lucrative award wins in Government and Infrastructure, are likely to act as primary growth drivers, going forward. Flour is highly optimistic about the surprise victory of Donald Trump and expects lucrative bids in 2017. In addition, the company’s leading position in nuclear remediation at government facilities throughout the U.S. is encouraging and holds lucrative opportunities for growth. The company’s strategic buyout of Stork has proved to be a major profit churner, supplementing growth significantly. However, on the flip side, over the past one year, Fluor’s shares have underperformed compared to the Zacks-categorized Engineering/R&D Services industry’s average return. Softness in commodity prices, along with prolonged softness energy and mining markets, pose as major threats to the company’s profitability.

In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE:

Fluor Corporation (FLR) - free report >>

Published in