Fluor (NYSE:FLR) Announces Quarterly Earnings Results, Misses Expectations By $0.30 EPS

Fluor (NYSE:FLR) announced its quarterly earnings data on Tuesday. The construction company reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.78 by ($0.30), Zacks reports. The firm had revenue of $4.26 billion during the quarter, compared to the consensus estimate of $4.42 billion. Fluor had a net margin of 13.14% and a return on equity of 18.20%. Fluor updated its FY 2025 guidance to 2.250-2.750 EPS.

Fluor Trading Up 0.6 %

Shares of NYSE:FLR opened at $39.77 on Thursday. The stock has a market capitalization of $6.82 billion, a PE ratio of 3.26, a P/E/G ratio of 3.25 and a beta of 1.89. Fluor has a 1 year low of $35.04 and a 1 year high of $60.10. The firm has a fifty day moving average price of $49.31 and a 200 day moving average price of $50.14. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 0.48.

Insider Buying and Selling

In related news, insider Thomas P. D’agostino sold 7,681 shares of the stock in a transaction dated Thursday, December 5th. The shares were 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 owns 137,974 shares in the company, valued at approximately $7,780,353.86. This trade represents a 5.27 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Mark E. Fields sold 50,000 shares of the stock in a transaction dated 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 completion of the transaction, the insider now directly owns 147,045 shares of the company’s stock, valued at $8,327,158.35. This trade represents a 25.37 % decrease in their position. The disclosure for this sale can be found here. 1.70% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms have recently commented on FLR. UBS Group upped their target price on Fluor from $51.00 to $63.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. KeyCorp upped their target price on Fluor from $59.00 to $60.00 and gave the company an “overweight” rating in a report on Wednesday, January 8th. Robert W. Baird lowered their target price on Fluor from $58.00 to $46.00 and set a “neutral” rating for the company in a report on Wednesday. Truist Financial lowered their target price on Fluor from $65.00 to $60.00 and set a “buy” rating for the company in a report on Wednesday. Finally, DA Davidson cut their target price on Fluor from $65.00 to $55.00 and set a “buy” rating for the company in a research report on Wednesday. Three equities 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, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $55.43.

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.