Fluor (NYSE:FLR – Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 2.250-2.750 for the period, compared to the consensus estimate of 2.950. The company issued revenue guidance of -.
Wall Street Analysts Forecast Growth
A number of research firms have recently issued reports on FLR. UBS Group lifted their price objective on shares of Fluor from $51.00 to $63.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Truist Financial dropped their price target on Fluor from $65.00 to $60.00 and set a “buy” rating for the company in a research note on Wednesday. KeyCorp increased their price objective on Fluor from $59.00 to $60.00 and gave the company an “overweight” rating in a research report on Wednesday, January 8th. DA Davidson dropped 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. Finally, Baird R W cut shares of Fluor from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 18th. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $55.43.
Read Our Latest Research Report on Fluor
Fluor Stock Performance
Fluor (NYSE:FLR – Get Free Report) last announced its quarterly earnings results on Tuesday, February 18th. The construction company reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.78 by ($0.30). Fluor had a net margin of 13.14% and a return on equity of 18.20%. The firm had revenue of $4.26 billion for the quarter, compared to analysts’ expectations of $4.42 billion. Analysts expect that Fluor will post 2.5 earnings per share for the current year.
Insider Activity at Fluor
In other news, insider Mark E. Fields sold 50,000 shares of Fluor stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $56.63, for a total value of $2,831,500.00. Following the sale, the insider now directly owns 147,045 shares in the company, valued at approximately $8,327,158.35. This trade represents a 25.37 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Thomas P. D’agostino sold 7,681 shares of the company’s stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $56.39, for a total value of $433,131.59. Following the transaction, the insider now owns 137,974 shares of the company’s stock, valued at approximately $7,780,353.86. This represents a 5.27 % decrease in their position. The disclosure for this sale can be found here. 1.70% of the stock is owned by company insiders.
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.
Read More
- Five stocks we like better than Fluor
- Stock Ratings and Recommendations: Understanding Analyst Ratings
- Humana Gains Despite Medicare Advantage Losses—What’s the Catch?
- Why Are These Companies Considered Blue Chips?
- Buybacks Galore: 3 Mega-Caps Just Approved Billions in Buybacks
- How Can Investors Benefit From After-Hours Trading
- 3 Beauty Stocks Off to an Ugly Start—Can 1 Stage a Comeback?
Receive News & Ratings for Fluor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fluor and related companies with MarketBeat.com's FREE daily email newsletter.