Fluor (NYSE:FLR) Posts Earnings Results, Misses Estimates By $0.30 EPS

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

Fluor Trading Down 3.4 %

FLR stock opened at $43.38 on Tuesday. The firm has a market cap of $7.44 billion, a P/E ratio of 28.92, a PEG ratio of 3.45 and a beta of 1.89. Fluor has a 52-week low of $35.04 and a 52-week high of $60.10. 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 company’s 50-day simple moving average is $49.95 and its 200-day simple moving average is $50.27.

Insiders Place Their Bets

In other Fluor news, insider Mark E. Fields sold 50,000 shares of Fluor stock in a transaction 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 sale, the insider now owns 147,045 shares of the company’s stock, valued at $8,327,158.35. The trade was a 25.37 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Thomas P. D’agostino sold 7,681 shares of the company’s stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of $56.39, for a total transaction of $433,131.59. Following 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 disclosure for this sale can be found here. 1.70% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Robert W. Baird reiterated a “neutral” rating and issued a $58.00 target price (up previously from $54.00) on shares of Fluor in a research note on Wednesday, December 18th. DA Davidson lifted their price objective on shares of Fluor from $58.00 to $65.00 and gave the company a “buy” rating in a report on Tuesday, November 12th. Baird R W lowered shares of Fluor from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 18th. KeyCorp boosted their price target on Fluor from $59.00 to $60.00 and gave the company an “overweight” rating in a report on Wednesday, January 8th. Finally, Citigroup cut their price objective on shares of Fluor from $60.00 to $59.00 and set a “buy” rating on the stock in a report on Wednesday, January 29th. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, Fluor presently has an average rating of “Moderate Buy” and an average target price of $59.29.

Get Our Latest Analysis on FLR

About Fluor

(Get Free Report)

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.

See Also

Earnings History for Fluor (NYSE:FLR)

Receive News & Ratings for Fluor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fluor and related companies with MarketBeat.com's FREE daily email newsletter.