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Fluor (FLR) Momentum Rank : 10 (As of Apr. 27, 2024)


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What is Fluor Momentum Rank?

Fluor has the Momentum Rank of 10.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison of Fluor's Momentum Rank

For the Engineering & Construction subindustry, Fluor's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fluor's Momentum Rank Distribution in the Construction Industry

For the Construction industry and Industrials sector, Fluor's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Fluor's Momentum Rank falls into.



Fluor Momentum Rank Related Terms

Thank you for viewing the detailed overview of Fluor's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Fluor (FLR) Business Description

Traded in Other Exchanges
Address
6700 Las Colinas Boulevard, Irving, TX, USA, 75039
Fluor is one of the largest global providers of engineering, procurement, construction, fabrication, operations, and maintenance services. The firm serves a wide range of end markets including oil and gas, chemicals, mining, metals, and transportation. The company's business is organized into three core segments: urban solutions, mission solutions, and energy solutions. Fluor generated $13.7 billion in revenue in 2022.
Executives
Stacy L Dillow officer: EVP, Chief HR Officer C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
James R Breuer officer: Group President C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Matthew K Rose director 2650 LOU MENK DRIVE, FORT WORTH TX 76131
James T Hackett director C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Joseph L Brennan officer: EVP, Chief Financial Officer C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Collins Alvin C Iii officer: Group President C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Teri P Mcclure director 55 GLENLAKE PARKWAY NE, ATLANTA GA 30328
John C Regan officer: EVP, Controller & CAO 801 CHERRY STREET, SUITE 3700, UNIT 19, FORT WORTH TX 76102
Thomas C Leppert director 15901 OLDEN ST., SYLMAR CA 91354
Terry W Towle officer: Group President C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
John R Reynolds officer: Chief Legal Officer C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Carlos M Hernandez officer: Chief Legal Officer/Secretary
Mark E Fields officer: Group President C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Alan L Boeckmann director, officer: Chairman and CEO C/O FLUOR CORP, ONE ENTERPRISE DR, ALISO VIEJO CA 92656
Haan Taco De officer: Group President C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039