DA Davidson Has Bearish Outlook for Fluor FY2026 Earnings

Fluor Corporation (NYSE:FLR) – DA Davidson dropped their FY2026 EPS estimates for shares of Fluor in a report released on Monday, November 10th. DA Davidson analyst B. Thielman now expects that the construction company will post earnings of $2.30 per share for the year, down from their prior forecast of $2.35. DA Davidson has a “Buy” rating and a $55.00 price objective on the stock. The consensus estimate for Fluor’s current full-year earnings is $2.50 per share.

A number of other research analysts have also commented on FLR. Citigroup lowered their price target on Fluor from $71.00 to $57.00 and set a “buy” rating on the stock in a report on Monday, August 4th. KeyCorp downgraded shares of Fluor from an “overweight” rating to a “sector weight” rating and set a $41.00 price target on the stock. in a research report on Tuesday, July 15th. Robert W. Baird decreased their price objective on shares of Fluor from $55.00 to $46.00 and set a “neutral” rating for the company in a report on Monday, August 4th. UBS Group dropped their target price on Fluor from $60.00 to $56.00 and set a “buy” rating on the stock in a report on Wednesday, August 6th. Finally, Truist Financial increased their price target on Fluor from $51.00 to $56.00 and gave the company a “buy” rating in a research note on Monday. Four analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $50.14.

Fluor Stock Down 0.6%

FLR opened at $45.33 on Tuesday. The stock’s 50 day moving average price is $44.78 and its 200 day moving average price is $45.00. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.62 and a quick ratio of 1.62. The stock has a market cap of $7.33 billion, a P/E ratio of 1.87 and a beta of 1.59. Fluor has a 12 month low of $29.20 and a 12 month high of $57.50.

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

Institutional Investors Weigh In On Fluor

A number of institutional investors and hedge funds have recently modified their holdings of the stock. AXQ Capital LP acquired a new position in shares of Fluor in the 3rd quarter worth $447,000. Clearstead Advisors LLC boosted its position in shares of Fluor by 20.9% in the 3rd quarter. Clearstead Advisors LLC now owns 1,594 shares of the construction company’s stock valued at $67,000 after purchasing an additional 276 shares during the period. MMCAP International Inc. SPC purchased a new position in Fluor in the 3rd quarter worth about $4,207,000. Clear Creek Financial Management LLC raised its holdings in Fluor by 10.6% during the 3rd quarter. Clear Creek Financial Management LLC now owns 11,446 shares of the construction company’s stock worth $482,000 after buying an additional 1,100 shares during the period. Finally, CenterBook Partners LP lifted its stake in Fluor by 2,615.8% during the third quarter. CenterBook Partners LP now owns 287,951 shares of the construction company’s stock valued at $12,114,000 after buying an additional 277,348 shares in the last quarter. Institutional investors and hedge funds own 88.07% of the company’s stock.

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.