Fluor (FLR) Scheduled to Post Earnings on Tuesday

Fluor (NYSE:FLRGet Free Report) will issue its quarterly earnings data before the market opens on Tuesday, February 20th. Analysts expect the company to announce earnings of $0.54 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Fluor Stock Up 1.6 %

Shares of Fluor stock opened at $41.06 on Tuesday. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.70. Fluor has a twelve month low of $25.69 and a twelve month high of $41.46. The company has a market cap of $7.00 billion, a price-to-earnings ratio of 61.28 and a beta of 2.14. The company’s 50 day moving average is $38.46 and its 200 day moving average is $36.52.

Hedge Funds Weigh In On Fluor

Several hedge funds and other institutional investors have recently bought and sold shares of the business. First Horizon Advisors Inc. lifted its holdings in Fluor by 2,324.5% in the first quarter. First Horizon Advisors Inc. now owns 1,188 shares of the construction company’s stock valued at $37,000 after acquiring an additional 1,139 shares during the period. Atlas Capital Advisors LLC raised its holdings in shares of Fluor by 665.0% during the second quarter. Atlas Capital Advisors LLC now owns 1,836 shares of the construction company’s stock valued at $45,000 after acquiring an additional 1,596 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in shares of Fluor during the fourth quarter worth approximately $64,000. State of Wyoming purchased a new stake in shares of Fluor during the fourth quarter worth $113,000. Finally, Tower Research Capital LLC TRC raised its holdings in Fluor by 58.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 5,136 shares of the construction company’s stock valued at $152,000 after acquiring an additional 1,895 shares during the last quarter. Institutional investors and hedge funds own 99.20% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on FLR. KeyCorp started coverage on Fluor in a report on Wednesday, January 10th. They issued a “sector weight” rating for the company. Citigroup increased their price objective on shares of Fluor from $44.00 to $45.00 and gave the company a “neutral” rating in a report on Friday, January 26th. Finally, Barclays raised their price objective on Fluor from $30.00 to $39.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 14th. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $42.20.

Read Our Latest Analysis on Fluor

About Fluor

(Get Free Report)

Fluor Corporation provides engineering, procurement, and construction (EPC); fabrication and modularization; operation and maintenance; asset integrity; and project management services worldwide. It operates through four segments: Energy Solutions, Urban Solutions, Mission Solutions, and Other. 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.

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Earnings History for Fluor (NYSE:FLR)

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