Fluor (NYSE:FLR) Upgraded at Zacks Research

Zacks Research upgraded shares of Fluor (NYSE:FLR) from a hold rating to a strong-buy rating in a research note published on Thursday,Zacks.com reports.

Several other research analysts have also recently weighed in on the company. Truist Financial upped their price objective on Fluor from $56.00 to $59.00 and gave the stock a “buy” rating in a research report on Thursday. Wall Street Zen raised Fluor from a “sell” rating to a “hold” rating in a research report on Saturday, January 31st. Weiss Ratings cut shares of Fluor from a “hold (c)” rating to a “sell (d+)” rating in a research note on Tuesday. Robert W. Baird boosted their price objective on shares of Fluor from $45.00 to $48.00 and gave the stock a “neutral” rating in a research report on Wednesday. Finally, Citigroup raised their target price on shares of Fluor from $57.00 to $61.00 and gave the company a “buy” rating in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $52.29.

Fluor Stock Up 1.6%

Shares of FLR stock opened at $53.67 on Thursday. The stock has a fifty day moving average price of $44.56 and a 200 day moving average price of $43.97. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.91 and a quick ratio of 1.45. Fluor has a one year low of $29.20 and a one year high of $57.50. The stock has a market cap of $7.87 billion, a P/E ratio of -68.80, a price-to-earnings-growth ratio of 1.53 and a beta of 1.37.

Fluor (NYSE:FLR) last issued its quarterly earnings data on Tuesday, February 17th. The construction company reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.01). The company had revenue of $4.18 billion for the quarter, compared to analyst estimates of $4.27 billion. Fluor had a positive return on equity of 7.96% and a negative net margin of 0.34%.The company’s revenue was down 2.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.48 earnings per share. Analysts predict that Fluor will post 2.5 earnings per share for the current year.

Hedge Funds Weigh In On Fluor

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. MTM Investment Management LLC acquired a new stake in shares of Fluor during the 2nd quarter worth about $26,000. Global Retirement Partners LLC lifted its position in Fluor by 91.7% during the fourth quarter. Global Retirement Partners LLC now owns 650 shares of the construction company’s stock worth $26,000 after acquiring an additional 311 shares during the last quarter. Assetmark Inc. boosted its holdings in shares of Fluor by 249.0% during the fourth quarter. Assetmark Inc. now owns 677 shares of the construction company’s stock worth $27,000 after acquiring an additional 483 shares during the period. Los Angeles Capital Management LLC acquired a new position in shares of Fluor in the fourth quarter valued at approximately $27,000. Finally, Hantz Financial Services Inc. increased its stake in shares of Fluor by 2,695.2% during the second quarter. Hantz Financial Services Inc. now owns 587 shares of the construction company’s stock worth $30,000 after purchasing an additional 566 shares during the period. 88.07% of the stock is owned by institutional investors.

More Fluor News

Here are the key news stories impacting Fluor this week:

• Positive Sentiment: Zacks upgraded FLR to a “Strong Buy” (Zacks Rank #1), signaling growing optimism about Fluor’s near-term earnings prospects — upgrades like this often trigger buying from model-driven funds and retail investors. Read More.
• Positive Sentiment: Robert W. Baird published a bullish forecast calling for strong price appreciation for FLR, which can attract institutional interest and support upward momentum. Read More.
• Positive Sentiment: Media coverage is signaling bullish analyst sentiment on industrials that includes Fluor, which helps investor sentiment and relative-sector flows. Read More.
• Positive Sentiment: Feature pieces highlighting Fluor’s backlog and five‑year investor returns underline durable revenue visibility in project-heavy segments — a narrative that supports a higher multiple for the stock. Read More.
• Neutral Sentiment: Zacks content on FLR’s momentum ranking and comparisons with peers (BCKIY) provides valuation and style-score context for investors but is less of an immediate price catalyst. Read More. Read More.
• Negative Sentiment: Analysts and commentators note structural risks: Fluor is cyclical and some coverage raises the possibility that AI and tech-driven changes could disrupt parts of the engineering/project workflow — a longer‑term risk to margins and staffing. Read More.
• Negative Sentiment: Fundamental drag from the Feb. 17 quarter: EPS of $0.33 missed consensus by $0.01 and revenue came in below estimates ($4.18B vs. ~$4.27B), with a small negative net margin — reminders that execution and contract timing can pressure results. (Earnings release/filings)

About Fluor

Fluor Corporation (NYSE: FLR) is a global engineering and construction firm that provides integrated solutions across the energy, chemicals, mining, clean energy, infrastructure and government services markets. The company’s core offerings include engineering, procurement, fabrication, construction, maintenance and project management services, with capabilities spanning feasibility studies, detailed design and turnkey delivery. Fluor’s diversified portfolio encompasses conventional oil and gas facilities, liquefied natural gas (LNG) plants, petrochemical facilities, power generation projects, transportation infrastructure and federal government programs.

Founded in 1912 by John Simon Fluor as the Fluor Construction Company in Pomona, California, the firm has grown into an industry leader headquartered in Irving, Texas.