Fluor Corp
FLR: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$44.00 | Yqts | Cqml |
Fluor Reaffirms Full-Year 2022 Guidance After Reporting First-Quarter Results; Maintaining FVE
Nothing in no-moat Fluor’s first-quarter earnings results materially alters our long-term outlook for the engineering and construction firm. Therefore, we are maintaining our $25.50 fair value estimate. We see the name as fairly valued at current levels, with shares trading in 3-star territory.