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

Fluor (NYSE:FLR) announced its quarterly earnings data on Tuesday. The construction company reported $0.48 earnings per share (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 Price Performance

Shares of Fluor stock opened at $39.75 on Wednesday. The company’s fifty day simple moving average is $49.64 and its two-hundred day simple moving average is $50.22. Fluor has a 12-month low of $35.04 and a 12-month high of $60.10. The firm has a market cap 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 quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 0.48.

Insider Activity

In related news, insider Mark E. Fields sold 50,000 shares of Fluor stock in a transaction that occurred 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 $8,327,158.35. The trade was a 25.37 % decrease in their ownership of the stock. The transaction 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 firm’s stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $56.39, for a total value of $433,131.59. Following the transaction, the insider now directly 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. Insiders own 1.70% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on FLR shares. Robert W. Baird restated a “neutral” rating and set a $58.00 target price (up from $54.00) on shares of Fluor in a research report on Wednesday, December 18th. Truist Financial dropped their target price on shares of Fluor from $66.00 to $65.00 and set a “buy” rating for the company in a research report on Thursday, January 16th. Citigroup decreased their price target 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. KeyCorp lifted their price objective on shares of Fluor from $59.00 to $60.00 and gave the stock an “overweight” rating in a report on Wednesday, January 8th. Finally, Baird R W cut shares of Fluor from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 18th. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price 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.