Fluor (NYSE:FLR) Stock Price Breaks Above Two Hundred Day Moving Average on Disappointing Earnings

Fluor Corporation (NYSE:FLR) shares crossed above its 200-day moving average during trading on Monday after the company announced better than expected quarterly earnings. The stock has a 200-day moving average of $49.36 and traded as high as $50.78. Fluor shares last traded at $50.2930, with a volume of 3,406,515 shares trading hands.

The construction company reported $0.77 EPS for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.03). Fluor had a positive return on equity of 8.82% and a negative net margin of 12.85%. The business had revenue of $2 billion for the quarter, compared to analyst estimates of $4.16 billion. During the same quarter in the prior year, the company earned $0.68 earnings per share. The company’s quarterly revenue was up 10.5% on a year-over-year basis.

Trending Headlines about Fluor

Here are the key news stories impacting Fluor this week:

• Positive Sentiment: Fluor held its 2026 guidance and raised its cash-flow outlook, offering some support after a disappointing quarter. These Analysts Slash Their Forecasts On Fluor After Weak Q3 Results
• Neutral Sentiment: Citigroup maintained a Buy rating while lowering its target from $68 to $66. Truist also kept its Buy rating but cut its target from $71 to $62, signaling continued optimism tempered by reduced expectations. Truist Securities Adjusts Price Target on Fluor
• Negative Sentiment: Fluor missed third-quarter earnings expectations, and a client scope change could reduce its backlog by about $2 billion. Analysts cut forecasts and targets; Baird lowered its target from $64 to $56 and moved to a Neutral rating, adding pressure to sentiment. Analysts Cut Forecasts After Weak Q3 Results

Analyst Ratings Changes

FLR has been the subject of several recent research reports. Citigroup reduced their price target on Fluor from $68.00 to $66.00 and set a “buy” rating for the company in a research report on Monday. Truist Financial reiterated a “buy” rating and set a $62.00 price objective (down from $71.00) on shares of Fluor in a research note on Monday. Weiss Ratings cut Fluor from a “hold (c)” rating to a “sell (d)” rating in a research note on Friday, August 21st. UBS Group increased their price objective on Fluor from $59.00 to $66.00 and gave the company a “buy” rating in a report on Monday, August 10th. Finally, Barclays raised their target price 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. Four research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $60.00.

Institutional Investors Weigh In On Fluor

Hedge funds have recently bought and sold shares of the company. Global Retirement Partners LLC acquired a new position in Fluor during the second quarter worth approximately $25,000. GK Wealth Management LLC bought a new stake in Fluor in the third quarter valued at approximately $26,000. Latitude Advisors LLC bought a new stake in Fluor in the third quarter valued at approximately $28,000. Reyes Financial Architecture Inc. acquired a new stake in shares of Fluor in the third quarter valued at approximately $28,000. Finally, Ancora Advisors LLC acquired a new stake in shares of Fluor in the second quarter valued at approximately $31,000. 88.07% of the stock is currently owned by institutional investors and hedge funds.

Fluor Price Performance

The company has a current ratio of 1.80, a quick ratio of 1.80 and a debt-to-equity ratio of 0.38. The company has a 50 day moving average price of $50.37 and a 200 day moving average price of $49.36. The company has a market capitalization of $6.73 billion, a P/E ratio of -7.37, a P/E/G ratio of 0.98 and a beta of 1.22.

About Fluor

Fluor Corporation is a global engineering and construction company that provides engineering, procurement, construction, maintenance and project-management services. It works with clients to plan and deliver complex projects, and also provides services for facility operations, upgrades and decommissioning.

The company serves customers in sectors including energy, chemicals, mining and metals, infrastructure, advanced technologies and life sciences. Through its government-focused work, Fluor also supports federal agencies and government programs, including projects involving environmental remediation and national security.

Founded in 1912, Fluor is headquartered in Irving, Texas, and undertakes projects in the United States and internationally.