Fluor (NYSE:FLR) Price Target Raised to $55.00

Fluor (NYSE:FLR) had its price target upped by DA Davidson from $50.00 to $55.00 in a research report report published on Monday,Benzinga reports. They currently have a buy rating on the construction company’s stock. DA Davidson also issued estimates for Fluor’s Q4 2025 earnings at $0.34 EPS, FY2025 earnings at $2.20 EPS and FY2026 earnings at $2.30 EPS.

FLR has been the topic of several other research reports. UBS Group reduced their price objective on shares of Fluor from $60.00 to $56.00 and set a “buy” rating on the stock in a research report on Wednesday, August 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of Fluor in a report on Tuesday, October 14th. KeyCorp downgraded shares of Fluor from an “overweight” rating to a “sector weight” rating and set a $41.00 price objective for the company. in a report on Tuesday, July 15th. Wall Street Zen raised Fluor from a “sell” rating to a “hold” rating in a report on Saturday, November 8th. Finally, Robert W. Baird cut their price target on Fluor from $55.00 to $46.00 and set a “neutral” rating for the company in a report on Monday, August 4th. Four equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, Fluor presently has an average rating of “Hold” and a consensus target price of $50.14.

Fluor Price Performance

NYSE:FLR opened at $45.74 on Monday. The stock has a market cap of $7.37 billion, a PE ratio of 1.88 and a beta of 1.59. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 0.18. The business’s 50-day simple moving average is $44.84 and its two-hundred day simple moving average is $45.01. Fluor has a 52 week low of $29.20 and a 52 week high of $57.50.

Fluor (NYSE:FLR) last issued its earnings results on Friday, November 7th. The construction company reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.24. Fluor had a return on equity of 9.27% and a net margin of 25.35%.The company had revenue of $3.37 billion for the quarter, compared to the consensus estimate of $4.20 billion. During the same quarter last year, the company earned $0.51 EPS. The firm’s quarterly revenue was down 17.7% on a year-over-year basis. Fluor has set its FY 2025 guidance at 2.100-2.250 EPS. As a group, analysts forecast that Fluor will post 2.5 EPS for the current fiscal year.

Institutional Investors Weigh In On Fluor

Several institutional investors have recently modified their holdings of the stock. UMB Bank n.a. boosted its position in Fluor by 288.9% in the 2nd quarter. UMB Bank n.a. now owns 1,956 shares of the construction company’s stock valued at $100,000 after buying an additional 1,453 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Fluor by 48.7% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 38,462 shares of the construction company’s stock valued at $2,029,000 after purchasing an additional 12,590 shares during the period. Dynamic Technology Lab Private Ltd grew its stake in Fluor by 46.8% in the first quarter. Dynamic Technology Lab Private Ltd now owns 23,640 shares of the construction company’s stock worth $847,000 after purchasing an additional 7,540 shares in the last quarter. Mengis Capital Management Inc. increased its holdings in Fluor by 21.9% during the 1st quarter. Mengis Capital Management Inc. now owns 37,333 shares of the construction company’s stock worth $1,337,000 after purchasing an additional 6,710 shares during the period. Finally, Simon Quick Advisors LLC bought a new stake in Fluor during the 2nd quarter valued at $572,000. 88.07% of the stock is 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.