Fluor (NYSE:FLR) Stock Price Breaks Above 200 Day Moving Average After Earnings Miss

Shares of Fluor Corporation (NYSE:FLR) passed above its 200-day moving average during trading on Monday following a stronger than expected earnings report. The stock has a 200-day moving average of $49.36 and traded as high as $50.78. Fluor shares last traded at $50.2930, with a volume of 3,406,515 shares traded.

The construction company reported $0.77 earnings per share for the quarter, missing the consensus estimate of $0.80 by ($0.03). The firm had revenue of $2 billion for the quarter, compared to analyst estimates of $4.16 billion. Fluor had a positive return on equity of 8.82% and a negative net margin of 12.85%. Fluor’s revenue for the quarter was up 10.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.68 EPS.

Fluor News Summary

Here are the key news stories impacting Fluor this week:

• Positive Sentiment: Fluor held its 2026 guidance and raised its cash-flow outlook, offering some support after a disappointing quarter. These Analysts Slash Their Forecasts On Fluor After Weak Q3 Results
• Neutral Sentiment: Citigroup maintained a Buy rating while lowering its target from $68 to $66. Truist also kept its Buy rating but cut its target from $71 to $62, signaling continued optimism tempered by reduced expectations. Truist Securities Adjusts Price Target on Fluor
• Negative Sentiment: Fluor missed third-quarter earnings expectations, and a client scope change could reduce its backlog by about $2 billion. Analysts cut forecasts and targets; Baird lowered its target from $64 to $56 and moved to a Neutral rating, adding pressure to sentiment. Analysts Cut Forecasts After Weak Q3 Results

Analyst Upgrades and Downgrades

FLR has been the subject of a number of recent research reports. Wall Street Zen cut Fluor from a “buy” rating to a “hold” rating in a report on Saturday. Robert W. Baird decreased their price target on Fluor from $64.00 to $56.00 and set a “neutral” rating on the stock in a research note on Monday. Weiss Ratings cut Fluor from a “hold (c)” rating to a “sell (d)” rating in a research report on Friday, August 21st. Barclays increased their price objective on Fluor from $40.00 to $50.00 and gave the stock an “equal weight” rating in a research note on Monday, August 10th. Finally, Truist Financial reissued a “buy” rating and set a $62.00 price objective (down from $71.00) on shares of Fluor in a report on Monday. Four research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $60.00.

Institutional Investors Weigh In On Fluor

Hedge funds and other institutional investors have recently bought and sold shares of the business. Hantz Financial Services Inc. lifted its stake in Fluor by 23.8% in the 3rd quarter. Hantz Financial Services Inc. now owns 5,599 shares of the construction company’s stock valued at $268,000 after acquiring an additional 1,077 shares in the last quarter. Diversified Trust Co grew its stake in shares of Fluor by 3.2% during the 3rd quarter. Diversified Trust Co now owns 49,130 shares of the construction company’s stock worth $2,352,000 after acquiring an additional 1,528 shares in the last quarter. Fisher Asset Management LLC grew its stake in shares of Fluor by 209.9% during the 3rd quarter. Fisher Asset Management LLC now owns 1,728,795 shares of the construction company’s stock worth $82,775,000 after acquiring an additional 1,170,945 shares in the last quarter. Russell Investments Group Ltd. raised its holdings in shares of Fluor by 59.8% in the third quarter. Russell Investments Group Ltd. now owns 751,259 shares of the construction company’s stock valued at $35,978,000 after purchasing an additional 281,049 shares during the last quarter. Finally, Keybank National Association OH raised its holdings in shares of Fluor by 41.9% in the third quarter. Keybank National Association OH now owns 8,245 shares of the construction company’s stock valued at $395,000 after purchasing an additional 2,435 shares during the last quarter. 88.07% of the stock is owned by institutional investors and hedge funds.

Fluor Stock Up 8.2%

The stock’s fifty day moving average price is $50.37 and its 200-day moving average price is $49.36. The company has a quick ratio of 1.80, a current ratio of 1.80 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $6.73 billion, a price-to-earnings ratio of -7.37, a P/E/G ratio of 0.98 and a beta of 1.22.

About Fluor

Fluor Corporation is a global engineering and construction company that provides engineering, procurement, construction, maintenance and project-management services. It works with clients to plan and deliver complex projects, and also provides services for facility operations, upgrades and decommissioning.

The company serves customers in sectors including energy, chemicals, mining and metals, infrastructure, advanced technologies and life sciences. Through its government-focused work, Fluor also supports federal agencies and government programs, including projects involving environmental remediation and national security.

Founded in 1912, Fluor is headquartered in Irving, Texas, and undertakes projects in the United States and internationally.