A weak fiscal report from Fluor Corp. (FLR) bodes poorly for Australian-based peer WorleyParsons Ltd. (WOR.AU), says Deutsche Bank analyst Craig WongPan. "Overall we view Fluor's 2Q result as a negative read-through for WOR given a low level of new awards, project delays, weakness in mining and metals and [a] guidance downgrade," WongPan says.
If Fluor is considered a peer, then it would makes sense to compare the SP of WOR to Flour.
Over the last 6 months Flour -17% v WOR -30%
Over the last 12 months Flour -32% v WOR -52%
SP appears a lot overdone.
Slump in oil price hits WOR, page-54
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Last
$13.87 |
Change
0.120(0.87%) |
Mkt cap ! $7.649B | |||
| Open | High | Low | Value | Volume |
| $13.75 | $13.87 | $13.62 | $16.71M | 1.213M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8268 | $13.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.87 | 4066 | 2 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| WOR (ASX) Chart |
