Fluor (NYSE:FLR) Issues FY 2025 Earnings Guidance

Key Points

• Fluor has issued FY 2025 earnings guidance with an EPS estimate of 1.950-2.15, notably below the consensus estimate of 2.541.
• Fluor's stock experienced a 1.2% increase following the announcement, with shares opening at $56.69.
• Several analysts have adjusted their price targets for Fluor, with Citigroup raising their target to $71.00 from $47.00, while Wall Street Zen downgraded the stock to a "hold" rating.

Fluor (NYSE:FLR - Get Free Report) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 1.950-2.15 for the period, compared to the consensus estimate of 2.541. The company issued revenue guidance of -.

Fluor Price Performance

Shares of FLR stock traded up $1.55 during mid-day trading on Tuesday, hitting $41.54. The company had a trading volume of 3,289,803 shares, compared to its average volume of 3,514,541. Fluor has a 52-week low of $29.20 and a 52-week high of $60.10. The stock's 50 day moving average price is $49.89 and its 200-day moving average price is $42.80. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.62 and a quick ratio of 1.74. The company has a market capitalization of $6.84 billion, a P/E ratio of 1.70, a P/E/G ratio of 2.43 and a beta of 1.43.

Fluor (NYSE:FLR - Get Free Report) last released its quarterly earnings results on Friday, August 1st. The construction company reported $0.43 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.59 by ($0.16). The business had revenue of $3.98 billion for the quarter, compared to analysts' expectations of $4.55 billion. Fluor had a net margin of 25.35% and a return on equity of 9.27%. Fluor's revenue for the quarter was down 5.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.85 EPS. Equities research analysts forecast that Fluor will post 2.5 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms recently issued reports on FLR. Truist Financial upped their price target on shares of Fluor from $47.00 to $59.00 and gave the company a "buy" rating in a research note on Thursday, July 3rd. Robert W. Baird decreased their price target on shares of Fluor from $55.00 to $46.00 and set a "neutral" rating on the stock in a research note on Monday. UBS Group reiterated a "buy" rating and set a $60.00 price objective (up previously from $48.00) on shares of Fluor in a research report on Tuesday, June 24th. KeyCorp downgraded shares of Fluor from an "overweight" rating to a "sector weight" rating and set a $41.00 price target on the stock. in a report on Tuesday, July 15th. Finally, Wall Street Zen downgraded shares of Fluor from a "buy" rating to a "hold" rating in a report on Monday, May 5th. Five equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $51.14.

Insider Activity at Fluor

In other Fluor news, Chairman David E. Constable sold 38,600 shares of the business's 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 transaction, the chairman owned 792,027 shares in the company, valued at $41,272,526.97. The trade was a 4.65% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Alvin C. Collins III sold 18,920 shares of the company's stock in a transaction on Monday, June 9th. The shares were sold at an average price of $45.43, for a total transaction of $859,535.60. Following the completion of the transaction, the insider owned 64,383 shares of the company's stock, valued at approximately $2,924,919.69. The trade was a 22.71% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 98,320 shares of company stock worth $4,870,182. 1.70% of the stock is owned by insiders.

Institutional Trading of Fluor

Several hedge funds have recently made changes to their positions in the company. Acadian Asset Management LLC acquired a new stake in shares of Fluor in the first quarter worth approximately $54,000. Caxton Associates LLP acquired a new stake in shares of Fluor in the first quarter worth approximately $266,000. NewEdge Advisors LLC boosted its position in shares of Fluor by 40.3% in the first quarter. NewEdge Advisors LLC now owns 10,077 shares of the construction company's stock worth $361,000 after acquiring an additional 2,896 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its position in shares of Fluor by 337.7% in the first quarter. Jones Financial Companies Lllp now owns 16,389 shares of the construction company's stock worth $587,000 after acquiring an additional 12,645 shares during the last quarter. Institutional investors and hedge funds own 88.07% of the company's stock.

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.