Fluor (NYSE:FLR) Announces Earnings Results

Fluor (NYSE:FLR) released its quarterly earnings data on Tuesday. The construction company reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.78 by ($0.30), Zacks reports. Fluor had a net margin of 1.64% and a return on equity of 20.05%. Fluor updated its FY 2025 guidance to 2.250-2.750 EPS.

Fluor Price Performance

FLR stock opened at $39.75 on Wednesday. The company’s 50-day moving average is $49.64 and its 200-day moving average is $50.22. The stock has a market capitalization of $6.82 billion, a PE ratio of 26.50, a price-to-earnings-growth ratio of 3.06 and a beta of 1.89. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.77 and a quick ratio of 1.77. Fluor has a 1 year low of $35.04 and a 1 year high of $60.10.

Insider Buying and Selling

In related news, insider Thomas P. D’agostino sold 7,681 shares of the stock in a transaction on Thursday, December 5th. The stock was sold at an average price of $56.39, for a total value of $433,131.59. Following the completion of the sale, the insider now directly owns 137,974 shares of the company’s stock, valued at approximately $7,780,353.86. This represents a 5.27 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Mark E. Fields sold 50,000 shares of Fluor stock in a transaction on Monday, November 25th. The stock was sold at an average price of $56.63, for a total transaction of $2,831,500.00. Following the transaction, the insider now directly owns 147,045 shares in the company, valued at $8,327,158.35. This represents a 25.37 % 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.

Analyst Ratings Changes

Several research firms recently issued reports on FLR. UBS Group boosted their price target on Fluor from $51.00 to $63.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. Truist Financial decreased their target price on shares of Fluor from $66.00 to $65.00 and set a “buy” rating on the stock in a research report on Thursday, January 16th. DA Davidson increased their target price on shares of Fluor from $58.00 to $65.00 and gave the stock a “buy” rating in a report on Tuesday, November 12th. Robert W. Baird restated a “neutral” rating and issued a $58.00 target price (up previously from $54.00) on shares of Fluor in a research report on Wednesday, December 18th. Finally, Baird R W lowered Fluor from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 18th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, Fluor presently has a consensus rating of “Moderate Buy” and an average price target of $59.29.

About Fluor

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.