Are you high? This thing won't see the 70s any time soon. In fact, it was about 70 when the current CEO took over four years ago, and for most of his tenure it the stock price has been playing limbo and going lower and lower under the bar.
Define "long-term movement".
Say a reasonable time-frame of "to 12/31/15" is that time period.
FLR already tested low 50s and could try make a move over 70 by then.
Institutions dictate FLR price movement;
2nd consideration is market sentiment buy/sell.
Going 5 years out, FLR should go over 100;
Improved profil margins is what the street was looking for. FLR has sufficient sales/backlog. If mgmnt can also pivot from FLR appearing to be dependent on energy projects to a icing on the cake segment - then FLR is a very long term / powerful stock to hold onto.
When oil prices went lower, so did FLR stock price, unfortunately, even though only 10% exposure. From low 60s to low 50s.
Oil will find a bottom, if not already, and FLR to follow.
By end of 2015, I would estimate FLR to get back to 65-70; not go lower than 50.
Just my 2 cents
It's earning is steady and up. It's projects are long term and probably 10% is exposed to oil project.
It is well diversified into infrastructure, govt, , industrial etc. It is a great time to buy. Double bottom has occured and it is trending up. Forward p/e of 12.x looks like a bargain with continuous growth. 5% plus stock buyback will continuously lift the stock price. That is 6.5% + capital gain. Excellent growth!
you must be a Obama supporter
The fed should pay for health ,guaranteed income ,college ,special loans ,years of pay if let go,vacations, paid leave by employer,child care
Is there no end to what you want?
We leave it to the states
And you can go to the state that has what you want
And cities and states that go bankrupt ,you can move
I am not interested in paying for your city or state that does not run its city or state correctly
You made the bed .sleep in it
You elected these losers
of coarse if its a interstate the locals must pat their share of projects in proportion to local use
All interstate in Va are in great shape
So you pay to fix yours and the fed will pick its share
Where I live in northern va 95 and 495 are the big interstate
Its in perfect shape
They just added lanes at 100s of millions
When I see stuff shown on tv its bridges into cities that are in bad shape
I have not seen much on interstates real bad ,not keeping in good shape
Of coarse you may now more
I put what I see best ,not what is passable
I would be for 25 to 50cents tax on gasoline ,ng for vehicles and diesel for vehicles
and give to the states for highway improvements or repair or mass transit
Of coarse they could take the current tax money and actually use it for above
That is possible and maybe indexing the tax is possible
your ignorant but that is OK, we all can not be intelligent. I am talking about bridges on interstate highways, that is more than a local concern and some of those are used mostly by pass-thru drivers, not residents of the state. Congress will raise the gas tax, has not been done in over 20 yrs as we need to pay for what we use as there is no Santa Claus, but maybe you were never told that . Don't like it, walk or drive less, more room for me on the highways.
East Coast Smart Boy
so the choice for the US is
Who or how is it going to be paid for
In most of the world its the central government
Fine you want that
Well every city, county, state will want their share every time a bill is passed
Bridges to no where
The US has never been able to pass laws for only and where it is needed the most
Why should locals states counties do any thing
Wait till the central government does it
The worst it is the better chance the central government will do it
What will happen this year
A development bank
The central government will finance this
Lend to locals
Well what happens when the locals do not pay
It will be filled with bridges to no where,any thing that would not be spent normally but they get financing by the central government so why not
There is no chance that Congress or the presidency can run or do anything that is only for the good of the country,Those days long pasted
What are central governments responsible for in my opinion?
That includes national roads ,electric grid.gas pipe grid, trains
We should finance these with very very low interest rates
I personally believe in added a 50 cents more federal tax on diesel and gasoline to finance Metro ,buses and such and believe locals should do the same