Fluor (NYSE:FLR) Announces Earnings Results

Fluor (NYSE:FLR - Get Free Report) released its quarterly earnings results on Tuesday. The construction company reported $0.48 EPS for the quarter, missing analysts' consensus estimates of $0.78 by ($0.30), Zacks reports. The business had revenue of $4.26 billion for the quarter, compared to the consensus estimate of $4.42 billion. Fluor had a return on equity of 15.14% and a net margin of 13.14%. Fluor updated its FY 2025 guidance to 2.250-2.750 EPS.

Fluor Stock Down 5.3 %

Shares of Fluor stock traded down $2.10 during trading on Friday, reaching $37.73. The stock had a trading volume of 4,140,554 shares, compared to its average volume of 3,613,242. The company has a market capitalization of $6.37 billion, a price-to-earnings ratio of 3.10, a P/E/G ratio of 1.36 and a beta of 1.89. The stock has a fifty day moving average price of $48.66 and a two-hundred day moving average price of $50.01. Fluor has a 52 week low of $35.04 and a 52 week high of $60.10. The company has a current ratio of 1.69, a quick ratio of 1.77 and a debt-to-equity ratio of 0.28.

Analysts Set New Price Targets

A number of equities research analysts recently commented on FLR shares. Citigroup decreased their price target on Fluor from $60.00 to $59.00 and set a "buy" rating on the stock in a research report on Wednesday, January 29th. DA Davidson decreased their price objective on Fluor from $65.00 to $55.00 and set a "buy" rating for the company in a research note on Wednesday. Baird R W cut Fluor from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, December 18th. StockNews.com raised Fluor from a "hold" rating to a "buy" rating in a research note on Thursday. Finally, Robert W. Baird decreased their target price on Fluor from $58.00 to $46.00 and set a "neutral" rating for the company in a research note on Wednesday. Three analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $55.43.

Insider Activity

In other news, insider Thomas P. D'agostino sold 7,681 shares of the business's stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $56.39, for a total value of $433,131.59. Following the sale, the insider now directly owns 137,974 shares in the company, valued at $7,780,353.86. The trade was a 5.27 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Mark E. Fields sold 50,000 shares of the business's stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $56.63, for a total value of $2,831,500.00. Following the completion of the sale, the insider now owns 147,045 shares in the company, valued at approximately $8,327,158.35. This trade represents a 25.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.70% of the company's stock.

Fluor Company Profile

Fluor Corporation provides engineering, procurement, and construction (EPC); fabrication and modularization; operation and maintenance; asset integrity; and project management services worldwide. The company operates through Energy Solutions, Urban Solutions, Mission Solutions, and Other segments. The Energy Solutions segment provides solutions to the energy transition markets, including asset decarbonization, carbon capture, renewable fuels, waste-to-energy, green chemicals, hydrogen, nuclear power, and other low-carbon energy sources.