Fluor (NYSE:FLR) Updates FY 2025 Earnings Guidance

Fluor (NYSE:FLR - Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 2.250-2.750 for the period, compared to the consensus earnings per share estimate of 2.950. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. StockNews.com upgraded Fluor from a "hold" rating to a "buy" rating in a report on Thursday. KeyCorp boosted their price objective on Fluor from $59.00 to $60.00 and gave the stock an "overweight" rating in a report on Wednesday, January 8th. DA Davidson reduced their price objective on Fluor from $65.00 to $55.00 and set a "buy" rating for the company in a report on Wednesday. Baird R W cut Fluor from a "strong-buy" rating to a "hold" rating in a report on Wednesday, December 18th. Finally, Robert W. Baird reduced their price objective on Fluor from $58.00 to $46.00 and set a "neutral" rating for the company in a report on Wednesday. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $55.43.

Fluor Price Performance

Shares of NYSE FLR traded down $2.10 during midday trading on Friday, reaching $37.73. The company's stock had a trading volume of 4,140,554 shares, compared to its average volume of 3,613,242. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.77 and a current ratio of 1.69. Fluor has a fifty-two week low of $35.04 and a fifty-two week high of $60.10. The business's 50 day moving average price is $48.66 and its two-hundred day moving average price is $50.01. The company has a market cap of $6.37 billion, a P/E ratio of 3.10, a P/E/G ratio of 1.36 and a beta of 1.89.

Fluor (NYSE:FLR - Get Free Report) last released its quarterly earnings results on Tuesday, February 18th. The construction company reported $0.48 earnings per share for the quarter, missing analysts' consensus estimates of $0.78 by ($0.30). Fluor had a net margin of 13.14% and a return on equity of 15.14%. The business had revenue of $4.26 billion during the quarter, compared to analyst estimates of $4.42 billion. On average, analysts forecast that Fluor will post 2.5 EPS for the current fiscal year.

Insider Activity

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

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.