Fluor (NYSE:FLR) Releases FY 2025 Earnings Guidance

Fluor (NYSE:FLR) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided earnings per share guidance of 2.100-2.250 for the period, compared to the consensus earnings per share estimate of 2.050. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

FLR has been the topic of a number of analyst reports. Wall Street Zen downgraded Fluor from a “hold” rating to a “sell” rating in a research report on Saturday, October 11th. KeyCorp downgraded Fluor from an “overweight” rating to a “sector weight” rating and set a $41.00 price target for the company. in a research note on Tuesday, July 15th. Citigroup reduced their price objective on shares of Fluor from $71.00 to $57.00 and set a “buy” rating on the stock in a research note on Monday, August 4th. Truist Financial decreased their price objective on shares of Fluor from $52.00 to $51.00 and set a “buy” rating on the stock in a research note on Wednesday, October 8th. Finally, UBS Group lowered their price target on Fluor from $60.00 to $56.00 and set a “buy” rating for the company in a report on Wednesday, August 6th. Four analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $49.43.

Fluor Price Performance

Shares of NYSE FLR opened at $44.51 on Friday. The firm has a market cap of $7.20 billion, a price-to-earnings ratio of 1.83 and a beta of 1.59. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 0.18. The stock has a fifty day simple moving average of $44.52 and a two-hundred day simple moving average of $44.63. Fluor has a 1-year low of $29.20 and a 1-year high of $59.84.

Hedge Funds Weigh In On Fluor

A number of institutional investors have recently added to or reduced their stakes in the business. Hudson Bay Capital Management LP purchased a new position in Fluor in the 2nd quarter worth approximately $1,224,000. CANADA LIFE ASSURANCE Co lifted its stake in Fluor by 10.3% during the second quarter. CANADA LIFE ASSURANCE Co now owns 92,719 shares of the construction company’s stock worth $4,754,000 after purchasing an additional 8,680 shares during the last quarter. Tower Research Capital LLC TRC increased its position in shares of Fluor by 102.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 24,722 shares of the construction company’s stock valued at $1,267,000 after purchasing an additional 12,484 shares during the last quarter. Captrust Financial Advisors raised its holdings in shares of Fluor by 9.9% during the 2nd quarter. Captrust Financial Advisors now owns 24,922 shares of the construction company’s stock valued at $1,278,000 after buying an additional 2,255 shares in the last quarter. Finally, Monimus Capital Management LP bought a new stake in Fluor in the 2nd quarter worth approximately $2,169,000. 88.07% of the stock is currently owned by institutional investors.

About Fluor

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.