Fluor (FLR) Projected to Post Quarterly Earnings on Friday

Fluor (NYSE:FLR - Get Free Report) will likely be announcing its Q2 2025 earnings results before the market opens on Friday, August 1st. Analysts expect the company to announce earnings of $0.59 per share and revenue of $4.55 billion for the quarter. Fluor has set its FY 2025 guidance at 2.250-2.75 EPS.

Fluor (NYSE:FLR - Get Free Report) last posted its quarterly earnings results on Friday, May 2nd. The construction company reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.23. Fluor had a net margin of 11.13% and a return on equity of 14.59%. The firm had revenue of $3.98 billion during the quarter, compared to the consensus estimate of $4.27 billion. During the same quarter in the previous year, the firm posted $0.47 earnings per share. The company's revenue was up 6.6% on a year-over-year basis. On average, analysts expect Fluor to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Fluor Trading Up 1.8%

Shares of Fluor stock traded up $0.99 on Friday, hitting $56.61. 2,819,767 shares of the company traded hands, compared to its average volume of 2,871,179. The stock's 50 day moving average price is $48.44 and its 200-day moving average price is $42.80. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 0.30. Fluor has a 52 week low of $29.20 and a 52 week high of $60.10. The company has a market cap of $9.32 billion, a PE ratio of 5.43, a PEG ratio of 2.67 and a beta of 1.34.

Insider Transactions at Fluor

In other news, insider Alvin C. Collins III sold 18,920 shares of the stock in a transaction that occurred on Monday, June 9th. The shares were sold at an average price of $45.43, for a total value of $859,535.60. Following the completion of the sale, the insider owned 64,383 shares of the company's stock, valued at $2,924,919.69. This represents a 22.71% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Chairman David E. Constable sold 38,600 shares of the stock in a transaction that occurred on Thursday, July 3rd. The shares were sold at an average price of $52.11, for a total transaction of $2,011,446.00. Following the completion of the sale, the chairman directly owned 792,027 shares of the company's stock, valued at approximately $41,272,526.97. This trade represents a 4.65% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 98,320 shares of company stock valued at $4,870,182. 1.70% of the stock is owned by insiders.

Hedge Funds Weigh In On Fluor

A number of hedge funds have recently made changes to their positions in FLR. NewEdge Advisors LLC boosted its position in Fluor by 40.3% in the 1st quarter. NewEdge Advisors LLC now owns 10,077 shares of the construction company's stock valued at $361,000 after buying an additional 2,896 shares during the period. Jones Financial Companies Lllp boosted its position in Fluor by 337.7% in the 1st quarter. Jones Financial Companies Lllp now owns 16,389 shares of the construction company's stock valued at $587,000 after buying an additional 12,645 shares during the period. Caxton Associates LLP purchased a new position in Fluor in the 1st quarter valued at approximately $266,000. Finally, Acadian Asset Management LLC purchased a new position in Fluor in the 1st quarter valued at approximately $54,000. Hedge funds and other institutional investors own 88.07% of the company's stock.

Analysts Set New Price Targets

FLR has been the subject of a number of recent research reports. Citigroup reduced their price objective on shares of Fluor from $55.00 to $46.00 and set a "buy" rating for the company in a research note on Friday, April 25th. UBS Group reissued a "buy" rating and set a $60.00 price objective (up from $48.00) on shares of Fluor in a report on Tuesday, June 24th. Robert W. Baird boosted their target price on shares of Fluor from $41.00 to $55.00 and gave the company a "neutral" rating in a research report on Friday, July 11th. Truist Financial boosted their target price on shares of Fluor from $47.00 to $59.00 and gave the company a "buy" rating in a research report on Thursday, July 3rd. Finally, KeyCorp downgraded shares of Fluor from an "overweight" rating to a "sector weight" rating and set a $41.00 target price for the company. in a research report on Tuesday, July 15th. Five research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, Fluor has a consensus rating of "Hold" and a consensus target price of $50.86.

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.