Fluor (NYSE:FLR – Get Free Report) announced its 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. 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 Stock Down 3.4 %
FLR stock opened at $43.38 on Tuesday. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 0.48. The business has a 50 day moving average of $49.95 and a 200 day moving average of $50.27. Fluor has a twelve month low of $35.04 and a twelve month high of $60.10. The firm has a market cap of $7.44 billion, a PE ratio of 28.92, a price-to-earnings-growth ratio of 3.45 and a beta of 1.89.
Analyst Upgrades and Downgrades
Several research analysts have commented on the stock. Truist Financial decreased their price objective on shares of Fluor from $66.00 to $65.00 and set a “buy” rating for the company in a report on Thursday, January 16th. Robert W. Baird restated a “neutral” rating and issued a $58.00 price objective (up from $54.00) on shares of Fluor in a report on Wednesday, December 18th. UBS Group lifted their price objective on Fluor from $51.00 to $63.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. DA Davidson raised their target price on Fluor from $58.00 to $65.00 and gave the company a “buy” rating in a research note on Tuesday, November 12th. 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 given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $59.29.
Insiders Place Their Bets
In other Fluor news, insider Mark E. Fields sold 50,000 shares of the 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 sale, the insider now directly owns 147,045 shares in the company, valued at approximately $8,327,158.35. This trade represents a 25.37 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Thomas P. D’agostino sold 7,681 shares of the business’s 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 transaction, the insider now owns 137,974 shares of the company’s stock, valued at $7,780,353.86. This represents a 5.27 % decrease in their position. 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.
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