DA Davidson Weighs in on Fluor's Q2 Earnings (NYSE:FLR)

Fluor Co. (NYSE:FLR - Free Report) - Investment analysts at DA Davidson issued their Q2 2025 earnings per share estimates for shares of Fluor in a note issued to investors on Tuesday, May 6th. DA Davidson analyst B. Thielman forecasts that the construction company will earn $0.59 per share for the quarter. DA Davidson has a "Buy" rating and a $55.00 price objective on the stock. The consensus estimate for Fluor's current full-year earnings is $2.50 per share.

Fluor (NYSE:FLR - Get Free Report) last issued its earnings results on Friday, May 2nd. The construction company reported $0.73 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.23. The business had revenue of $3.98 billion during the quarter, compared to analysts' expectations of $4.27 billion. Fluor had a return on equity of 15.14% and a net margin of 13.14%. The business's revenue for the quarter was up 6.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.47 EPS.

FLR has been the subject of a number of other reports. Citigroup decreased their price target on Fluor from $55.00 to $46.00 and set a "buy" rating for the company in a research note on Friday, April 25th. Truist Financial increased their price target on Fluor from $45.00 to $47.00 and gave the company a "buy" rating in a research note on Monday, May 5th. KeyCorp cut their price objective on Fluor from $54.00 to $41.00 and set an "overweight" rating on the stock in a report on Friday, April 4th. UBS Group cut their price objective on Fluor from $49.00 to $48.00 and set a "buy" rating on the stock in a report on Wednesday, May 7th. Finally, Barclays set a $40.00 price objective on Fluor and gave the company an "equal weight" rating in a report on Thursday, February 27th. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, Fluor has a consensus rating of "Moderate Buy" and an average target price of $45.43.

Fluor Stock Up 3.9%

Shares of NYSE FLR traded up $1.41 during mid-day trading on Wednesday, reaching $37.27. 682,808 shares of the company were exchanged, compared to its average volume of 2,242,263. The company has a quick ratio of 1.77, a current ratio of 1.69 and a debt-to-equity ratio of 0.28. The stock has a market cap of $6.14 billion, a price-to-earnings ratio of 3.06, a P/E/G ratio of 1.36 and a beta of 1.24. Fluor has a 1 year low of $29.20 and a 1 year high of $60.10. The firm has a 50-day moving average of $35.23 and a 200 day moving average of $44.76.

Institutional Trading of Fluor

Several hedge funds and other institutional investors have recently bought and sold shares of FLR. Versant Capital Management Inc lifted its position in Fluor by 2,509.5% during the fourth quarter. Versant Capital Management Inc now owns 548 shares of the construction company's stock worth $27,000 after buying an additional 527 shares in the last quarter. Hurley Capital LLC purchased a new stake in Fluor in the first quarter valued at $29,000. Sterling Capital Management LLC raised its position in Fluor by 196.2% in the fourth quarter. Sterling Capital Management LLC now owns 616 shares of the construction company's stock valued at $30,000 after purchasing an additional 408 shares during the period. Strategic Investment Solutions Inc. IL raised its position in Fluor by 800.0% in the first quarter. Strategic Investment Solutions Inc. IL now owns 900 shares of the construction company's stock valued at $32,000 after purchasing an additional 800 shares during the period. Finally, Golden State Wealth Management LLC purchased a new stake in Fluor in the fourth quarter valued at $33,000. 88.07% of the stock is owned by institutional investors and hedge funds.

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.