Fluor Corporation (NYSE:FLR) Stock Rated “Hold” by Sell-Side Analysts

Fluor Corporation (NYSE:FLR – Get Free Report) has been assigned a consensus rating of “Hold” from the eight brokerages that are presently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $63.33.

FLR has been the topic of a number of research reports. Barclays raised their price target on shares of Fluor from $40.00 to $50.00 and gave the company an “equal weight” rating in a research note on Monday, August 10th. Citigroup reiterated a “buy” rating on shares of Fluor in a research note on Friday, October 23rd. Wall Street Zen cut Fluor from a “buy” rating to a “hold” rating in a report on Saturday. Truist Financial restated a “buy” rating and issued a $71.00 target price (up from $64.00) on shares of Fluor in a research report on Monday, August 10th. Finally, Robert W. Baird lifted their price target on Fluor from $49.00 to $65.00 and gave the stock a “neutral” rating in a research note on Monday, August 10th.

Read Our Latest Analysis on FLR

Fluor Trading Up 2.9%

Shares of FLR stock opened at $46.30 on Friday. Fluor has a 1-year low of $39.33 and a 1-year high of $58.35. The company has a market cap of $6.19 billion, a price-to-earnings ratio of -6.79, a PEG ratio of 0.96 and a beta of 1.22. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.80 and a quick ratio of 1.80. The stock has a 50 day simple moving average of $50.43 and a 200-day simple moving average of $49.34.

Fluor (NYSE:FLR – Get Free Report) last released its quarterly earnings results on Friday, November 6th. The construction company reported $0.77 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.03). The company had revenue of $2 billion during the quarter, compared to analyst estimates of $4.16 billion. Fluor had a negative net margin of 12.85% and a positive return on equity of 8.82%. Fluor’s revenue was up 10.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.68 EPS. On average, equities research analysts expect that Fluor will post 2.69 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Diversified Trust Co grew its position in Fluor by 3.2% in the third quarter. Diversified Trust Co now owns 49,130 shares of the construction company’s stock worth $2,352,000 after acquiring an additional 1,528 shares during the period. Fisher Asset Management LLC boosted its holdings in Fluor by 209.9% during the 3rd quarter. Fisher Asset Management LLC now owns 1,728,795 shares of the construction company’s stock valued at $82,775,000 after acquiring an additional 1,170,945 shares during the period. Russell Investments Group Ltd. grew its position in Fluor by 59.8% in the 3rd quarter. Russell Investments Group Ltd. now owns 751,259 shares of the construction company’s stock valued at $35,978,000 after acquiring an additional 281,049 shares in the last quarter. Keybank National Association OH increased its stake in Fluor by 41.9% during the third quarter. Keybank National Association OH now owns 8,245 shares of the construction company’s stock worth $395,000 after purchasing an additional 2,435 shares during the period. Finally, AlphaCore Capital LLC purchased a new stake in Fluor during the third quarter worth about $800,000. Hedge funds and other institutional investors own 88.07% of the company’s stock.

More Fluor News

Here are the key news stories impacting Fluor this week:

  • Positive Sentiment: Fluor reported a record $10.9 billion in third-quarter awards, including LNG Canada Phase 2 and two mining projects. Strong bookings may bolster future work, though management also flagged the possibility of a roughly $2 billion backlog reduction. Fluor Reports Third Quarter 2026 Results
  • Positive Sentiment: New project wins and agreements add to Fluor’s opportunity pipeline: the company signed an EPC contract for a large data-center campus in Kentucky, was selected for an advanced small modular reactor project in Washington, and received full notice to proceed on a Chilean mining expansion. TeraWulf EPC contract SMR project selection Sierra Gorda project notice to proceed
  • Negative Sentiment: Third-quarter EPS of $0.77 fell short of the $0.80 consensus, while revenue of $2 billion was well below analysts’ $4.16 billion estimate. Revenue did rise 10.5% year over year, but the forecast gap and potential backlog reset could weigh on confidence. Fluor earnings and backlog report

Fluor Company Profile

(Get Free Report)

Fluor Corporation is a global engineering, procurement, construction and project-management company serving government and commercial clients. The company provides design and construction services, project development, procurement, maintenance, operations support and consulting for complex infrastructure and industrial projects.

Fluor’s activities span energy, chemicals and advanced technologies, infrastructure, mining and metals, life sciences, and government and national-security programs.

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Analyst Recommendations for Fluor (NYSE:FLR)

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