Here's Why Fluor (FLR) is a Strong Value Stock

Core Insights - Zacks Premium offers tools to enhance investor confidence and market engagement through daily updates, research reports, and stock screens [1][2] Zacks Style Scores - Zacks Style Scores rate stocks based on value, growth, and momentum characteristics, providing complementary indicators to the Zacks Rank [2][3] - Stocks are rated from A to F, with A indicating the highest potential for market outperformance [3] Value Score - The Value Style Score focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, and Price/Sales [3][4] Growth Score - The Growth Style Score assesses a company's financial health and future outlook, analyzing projected and historical earnings, sales, and cash flow [4] Momentum Score - The Momentum Style Score identifies optimal entry points for stocks based on price trends and earnings estimate changes [4] VGM Score - The VGM Score combines all three Style Scores, offering a comprehensive indicator for selecting stocks with attractive value, growth potential, and momentum [5] Zacks Rank - The Zacks Rank is a proprietary model that utilizes earnings estimate revisions to guide investors in building successful portfolios [6][9] - Stocks rated 1 (Strong Buy) have historically achieved an average annual return of +25.41%, significantly outperforming the S&P 500 [7] Stock Selection Strategy - Investors are encouraged to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal success [8][9] Company Spotlight: Fluor Corporation - Fluor Corporation, based in Irving, TX, provides engineering, procurement, construction, and maintenance services [10] - Currently rated 3 (Hold) with a VGM Score of A and a Value Style Score of B, Fluor has a forward P/E ratio of 16.37 [10][11] - Recent upward revisions in earnings estimates for fiscal 2024 have increased the Zacks Consensus Estimate to $2.88 per share, with an average earnings surprise of 29.7% [11]