Fluor Corporation (Fluor) is a holding company. The Company operates its business in four segments: Energy, Chemicals & Mining; Industrial, Infrastructure & Power; Government, and Maintenance, Modification & Asset Integrity (MMAI). The Company, through its subsidiaries, offers professional services providing engineering, procurement, construction, fabrication and modularization, commissioning and maintenance, as well as project management services on a global basis. The Company is an integrated solutions provider for various industries, including oil and gas, chemicals and petrochemicals, mining and metals, transportation, power, life sciences and advanced manufacturing. It is also a service provider to the United States federal Government and governments abroad. It offers services in various categories, including engineering and design, procurement, construction, fabrication, maintenance, modification and asset integrity and project management.
Industry, Sector and Symbol:
- Sector: Industrials
- Industry: Construction & Engineering
- Sub-Industry: Construction & Engineering
- Symbol: NYSE:FLR
- CUSIP: 34341210
- Web: www.fluor.com/
- Market Cap: $5.6645 billion
- Outstanding Shares: 139,898,000
- 50 Day Moving Avg: $39.27
- 200 Day Moving Avg: $46.10
- 52 Week Range: $37.04 - $58.37
Sales & Book Value:
- Trailing P/E Ratio: 51.16
- Foreward P/E Ratio: 16.73
- P/E Growth: 2.58
- Annual Revenue: $19.31 billion
- Price / Sales: 0.30
- Book Value: $22.72 per share
- Price / Book: 1.80
- Annual Dividend: $0.84
- Dividend Yield: 2.1%
- EBIDTA: $562.31 million
- Net Margins: -0.14%
- Return on Equity: -3.01%
- Return on Assets: -0.29%
- Debt-to-Equity Ratio: 0.47%
- Current Ratio: 1.50%
- Quick Ratio: 1.13%
- Average Volume: 1.63 million shs.
- Beta: 1.41
- Short Ratio: 5.42
Frequently Asked Questions for Fluor Co. (NEW) (NYSE:FLR)
What is Fluor Co. (NEW)'s stock symbol?
Fluor Co. (NEW) trades on the New York Stock Exchange (NYSE) under the ticker symbol "FLR."
How often does Fluor Co. (NEW) pay dividends? What is the dividend yield for Fluor Co. (NEW)?
Fluor Co. (NEW) declared a quarterly dividend on Wednesday, August 2nd. Shareholders of record on Tuesday, September 5th will be given a dividend of $0.21 per share on Tuesday, October 3rd. This represents a $0.84 annualized dividend and a yield of 2.05%. The ex-dividend date is Thursday, August 31st. View Fluor Co. (NEW)'s Dividend History.
How were Fluor Co. (NEW)'s earnings last quarter?
Fluor Co. (NEW) (NYSE:FLR) announced its earnings results on Thursday, August, 3rd. The company reported $0.72 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.59 by $0.13. The business had revenue of $4.72 billion for the quarter, compared to analyst estimates of $4.94 billion. Fluor Co. (NEW) had a negative return on equity of 3.01% and a negative net margin of 0.14%. Fluor Co. (NEW)'s revenue for the quarter was down 2.9% on a year-over-year basis. During the same period last year, the firm posted $0.72 EPS. View Fluor Co. (NEW)'s Earnings History.
When will Fluor Co. (NEW) make its next earnings announcement?
What guidance has Fluor Co. (NEW) issued on next quarter's earnings?
Fluor Co. (NEW) updated its FY17 earnings guidance on Thursday, August, 3rd. The company provided earnings per share guidance of $1.40-1.70 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.42.
Where is Fluor Co. (NEW)'s stock going? Where will Fluor Co. (NEW)'s stock price be in 2017?
11 equities research analysts have issued twelve-month price objectives for Fluor Co. (NEW)'s stock. Their predictions range from $40.00 to $65.00. On average, they anticipate Fluor Co. (NEW)'s stock price to reach $48.40 in the next twelve months. View Analyst Ratings for Fluor Co. (NEW).
What are analysts saying about Fluor Co. (NEW) stock?
Here are some recent quotes from research analysts about Fluor Co. (NEW) stock:
- 1. According to Zacks Investment Research, "Fluor’s shares have underperformed compared to the Zacks-categorized Engineering/R&D Services industry average over the past six months. Of late, the company is facing a dearth of engineering and new awards which has hurt its growth prospects significantly. Fluor’s margins are expected to remain under pressure as the company continues to transition from higher margin engineering to lower margin construction activities. Also, an increased level of irrational bidding in feed pricing, along with customer’s tendency to settle for a lower contract price, have been adding to the company’s woes. On account of these challenges the company has lowered its full-year 2017 guidance. However, on the flip side, the company’s market diversity as well as strong focus on streamlining business structure are expected to offset some of these challenges, thus stoking growth going forward." (6/12/2017)
- 2. Citigroup Inc. analysts commented, "To be clear, after traveling with management, we still think it's early to get overly excited about FLR's near-term prospects, but FLR arguably is the only E&C in our universe that offers exposure to large infrastructure work (which does seem to be a 2017 story even excluding Trump-related potential work), large mining work (which seems ahead of O&G and should percolate a little more in 2017), and large energy projects ' where the believability of a backlog inflection within the next several quarters is rising. Questions remain such as closing out CPChem, whether management changes are worrisome and whether we need to worry about FLR not getting paid for nuclear work, but FLR remains our top contrarian idea in the E&C space" (3/13/2017)
Who are some of Fluor Co. (NEW)'s key competitors?
Some companies that are related to Fluor Co. (NEW) include Quanta Services (PWR), AECOM (ACM), Babcock International Group PLC (BAB), EMCOR Group (EME), Stantec (STN), KBR (KBR), Granite Construction Incorporated (GVA), Balfour Beatty plc (BBY), Chicago Bridge & Iron Company N.V. (CBI), Primoris Services Corporation (PRIM), Tutor Perini Corporation (TPC), Galliford Try plc (GFRD), John Laing Group PLC (JLG), Kier Group plc (KIE), NCI Building Systems (NCS), Argan (AGX), Aegion Corp (AEGN) and Grana y Montero S.A.A. (GRAM).
Who are Fluor Co. (NEW)'s key executives?
Fluor Co. (NEW)'s management team includes the folowing people:
- David Thomas Seaton, Chairman of the Board, Chief Executive Officer
- Bruce A. Stanski, Chief Financial Officer, Executive Vice President
- Thomas D'Agostino, Group President - Government
- Carlos M. Hernandez, Executive Vice President, Chief Legal Officer and Secretary
- Ray F. Barnard, Executive Vice President - Systems & Supply Chain
- Jose-Luis Bustamante, Executive Vice President - Business Development and Strategy
- Garry William Flowers, Executive Vice President - Project Support Services
- Robin K. Chopra, Senior Vice President, Principal Accounting Officer, Controller
- Mark A. Landry, Senior Vice President - Human Resources
- Peter J. Fluor, Lead Independent Director
Who owns Fluor Co. (NEW) stock?
Fluor Co. (NEW)'s stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.76%), BlackRock Inc. (6.75%), FMR LLC (5.06%), State Street Corp (4.37%), CI Global Investments Inc. (3.38%) and Artisan Partners Limited Partnership (1.86%). Company insiders that own Fluor Co. (NEW) stock include Ray F Barnard and Robin K Chopra. View Institutional Ownership Trends for Fluor Co. (NEW).
Who sold Fluor Co. (NEW) stock? Who is selling Fluor Co. (NEW) stock?
Fluor Co. (NEW)'s stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Bessemer Group Inc., JPMorgan Chase & Co., Beck Mack & Oliver LLC, Pioneer Investment Management Inc., Los Angeles Capital Management & Equity Research Inc., Daiwa Securities Group Inc. and State Street Corp. Company insiders that have sold Fluor Co. (NEW) stock in the last year include Ray F Barnard and Robin K Chopra. View Insider Buying and Selling for Fluor Co. (NEW).
Who bought Fluor Co. (NEW) stock? Who is buying Fluor Co. (NEW) stock?
Fluor Co. (NEW)'s stock was acquired by a variety of institutional investors in the last quarter, including CI Global Investments Inc., Janus Henderson Group PLC, Northwestern Mutual Investment Management Company LLC, BlackRock Inc., Holowesko Partners Ltd., South Dakota Investment Council, Vanguard Group Inc. and Koch Industries Inc.. View Insider Buying and Selling for Fluor Co. (NEW).
How do I buy Fluor Co. (NEW) stock?
Shares of Fluor Co. (NEW) can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Fluor Co. (NEW)'s stock price today?
MarketBeat Community Rating for Fluor Co. (NEW) (NYSE FLR)MarketBeat's community ratings are surveys of what our community members think about Fluor Co. (NEW) and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Fluor Co. (NEW) stock can currently be purchased for approximately $40.98.
Consensus Ratings for Fluor Co. (NEW) (NYSE:FLR) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||9 Hold Ratings, 2 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.18)|
|Consensus Price Target: ||$48.40 (18.11% upside)|
Analysts' Ratings History for Fluor Co. (NEW) (NYSE:FLR)
(Data available from 9/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/5/2017||Robert W. Baird||Reiterated Rating||Hold||$40.00||Low|
|8/7/2017||Johnson Rice||Downgrade||Buy -> Accumulate||$62.00 -> $48.00||Medium|
|8/6/2017||Canaccord Genuity||Set Price Target||Buy||$48.00||Medium|
|8/4/2017||DA Davidson||Downgrade||Buy -> Neutral||$55.00 -> $48.00||High|
|8/4/2017||Deutsche Bank AG||Downgrade||Buy -> Hold||$55.00 -> $40.00||High|
|5/15/2017||Credit Suisse Group||Lower Price Target||Neutral||$69.00 -> $52.00||N/A|
|3/13/2017||Citigroup Inc.||Reiterated Rating||Buy||$65.00||Medium|
|11/6/2016||MKM Partners||Set Price Target||Hold||$45.00||N/A|
|11/4/2016||William Blair||Downgrade||Outperform -> Market Perform||$58.00 -> $48.00||N/A|
|11/4/2016||Macquarie||Downgrade||Outperform -> Neutral||N/A|
|10/14/2016||Seaport Global Securities||Downgrade||Accumulate -> Neutral||$53.00 -> $50.00||N/A|
|8/16/2016||Janney Montgomery Scott||Reiterated Rating||Buy||N/A|
|8/5/2016||Bank of America Corporation||Reiterated Rating||Sell||$50.00||N/A|
|3/28/2016||Goldman Sachs Group, Inc. (The)||Boost Price Target||$48.00 -> $55.00||N/A|
|2/19/2016||J P Morgan Chase & Co||Lower Price Target||Neutral||$46.00 -> $44.00||N/A|
|2/19/2016||FBR & Co||Downgrade||Outperform -> Market Perform||$57.00 -> $46.00||N/A|
|2/11/2016||KeyCorp||Lower Price Target||Overweight||$56.00||N/A|
|10/30/2015||Stifel Nicolaus||Lower Price Target||$61.00 -> $58.00||N/A|
|10/30/2015||Cowen and Company||Lower Price Target||$60.00 -> $51.00||N/A|
|10/8/2015||S&P Equity Research||Upgrade||Buy||$53.00||N/A|
Earnings History for Fluor Co. (NEW) (NYSE:FLR)Earnings History by Quarter for Fluor Co. (NEW) (NYSE FLR)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/2/2017|| || || || || || || || |
|8/3/2017||Q2 2017||$0.59||$0.72||$4.94 billion||$4.72 billion||View||Listen|
|5/4/2017||Q1 17||$0.67||$0.57||$4.83 billion||$4.84 billion||View||Listen|
|2/17/2017||Q416||$0.79||$0.82||$4.88 billion||$4.99 billion||View||Listen|
|11/3/2016||Q316||$0.87||$1.13||$3.64 billion||$4.77 billion||View||Listen|
|8/4/2016||Q216||$0.88||$0.72||$4.73 billion||$4.86 billion||View||Listen|
|5/5/2016||Q116||$0.85||$0.85||$4.44 billion||$4.42 billion||View||Listen|
|2/18/2016||Q415||$0.93||$0.68||$4.56 billion||$4.37 billion||View||Listen|
|10/29/2015||Q315||$1.12||$1.21||$5.13 billion||$4.38 billion||View||Listen|
|7/30/2015||Q215||$1.05||$1.00||$5.03 billion||$4.81 billion||View||Listen|
|4/30/2015||Q115||$0.98||$0.96||$5.35 billion||$4.59 billion||View||Listen|
|2/18/2015||Q414||$1.10||$1.41||$5.83 billion||$5.46 billion||View||Listen|
|10/30/2014||Q314||$1.10||$1.15||$6.04 billion||$5.44 billion||View||Listen|
|7/31/2014||Q214||$0.99||$1.02||$5.98 billion||$5.25 billion||View||Listen|
|5/1/2014||Q114||$0.97||$0.92||$6.42 billion||$5.38 billion||View||Listen|
|2/18/2014||Q413||$0.97||$1.01||$6.79 billion||$6.29 billion||View||Listen|
|10/31/2013||Q313||$1.03||$1.05||$7.23 billion||$6.68 billion||View||Listen|
|8/1/2013||Q2 2013||$1.01||$0.98||$7.26 billion||$7.19 billion||View||Listen|
|5/2/2013||Q1 2013||$0.96||$1.02||$6.89 billion||$7.19 billion||View||Listen|
|2/20/2013||Q4 2012||$0.98||$1.58||$7.20 billion||$7.02 billion||View||Listen|
|11/1/2012||Q312||$0.96||$0.86||$7.13 billion||$7.14 billion||View||N/A|
Earnings Estimates for Fluor Co. (NEW) (NYSE:FLR)
2017 EPS Consensus Estimate: $2.77
2018 EPS Consensus Estimate: $3.02
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Fluor Co. (NEW) (NYSE:FLR)
|Dividend Growth:||20.50% (3 Year Average)|
|Payout Ratio:||106.33% (Trailing 12 Months of Earnings) |
56.76% (Based on This Year's Estimates)
34.29% (Based on Next Year's Estimates)
Dividend History by Quarter for Fluor Co. (NEW) (NYSE FLR)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Fluor Co. (NEW) (NYSE:FLR)
Insider Ownership Percentage: 1.30%Insider Trades by Quarter for Fluor Co. (NEW) (NYSE:FLR)
Institutional Ownership Percentage: 84.51%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|3/14/2017||Robin K Chopra||Insider||Sell||1,800||$53.85||$96,930.00|| |
|3/1/2017||Ray F Barnard||Insider||Sell||7,490||$57.18||$428,278.20|| |
|8/26/2015||Deborah D Mcwhinney||Director||Buy||2,352||$42.50||$99,960.00|| |
|3/10/2015||Gary G Smalley||Insider||Sell||3,883||$57.27||$222,379.41|| |
|8/21/2014||David Thomas Seaton||CEO||Sell||92,384||$74.14||$6,849,349.76|| |
|5/6/2014||Gary Smalley||Insider||Sell||1,261||$74.29||$93,679.69|| |
|1/21/2014||David Dunning||Insider||Sell||3,418||$83.00||$283,694.00|| |
|1/17/2014||Garry William Flowers||Insider||Sell||18,315||$82.00||$1,501,830.00|| |
|11/21/2013||Kirk Grimes||Insider||Sell||49,282||$77.82||$3,835,125.24|| |
|11/8/2013||David Thomas Seaton||CEO||Sell||141,326||$76.07||$10,750,668.82|| |
|11/7/2013||David Dunning||Insider||Sell||32,597||$76.05||$2,479,001.85|| |
|11/5/2013||Bruce Stanski||Insider||Sell||35,247||$75.69||$2,667,845.43|| |
Headline Trends for Fluor Co. (NEW) (NYSE:FLR)
Latest Headlines for Fluor Co. (NEW) (NYSE:FLR)
Fluor Co. (NEW) (FLR) Chart for Thursday, September, 21, 2017