Fluor (NYSE:FLR) issued an update on its FY 2021 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 0.500-0.800 for the period, compared to the Thomson Reuters consensus estimate of $0.590. The company issued revenue guidance of -.
A number of research analysts have commented on FLR shares. Barclays increased their price objective on Fluor from $22.00 to $27.00 and gave the company an equal weight rating in a research report on Monday. Zacks Investment Research raised Fluor from a strong sell rating to a hold rating and set a $24.00 price objective for the company in a report on Friday, April 30th. Credit Suisse Group reduced their target price on shares of Fluor from $19.00 to $15.00 and set a neutral rating on the stock in a research note on Monday, March 8th. Vertical Research upgraded shares of Fluor from a hold rating to a buy rating in a report on Thursday, January 21st. Finally, Citigroup lifted their target price on shares of Fluor from $18.00 to $23.00 in a report on Wednesday, April 21st. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The company presently has an average rating of Hold and an average target price of $19.67.
Fluor stock traded up $0.21 during midday trading on Friday, hitting $19.14. 14,528,976 shares of the stock were exchanged, compared to its average volume of 2,643,737. The stock has a market capitalization of $2.71 billion, a PE ratio of -4.73 and a beta of 2.85. The company has a fifty day simple moving average of $22.71 and a two-hundred day simple moving average of $18.73. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 1.28. Fluor has a 52 week low of $8.10 and a 52 week high of $25.08.
Fluor Corporation provides engineering, procurement, construction, fabrication and modularization, operation, maintenance and asset integrity, and project management services worldwide. It operates through six segments: Energy & Chemicals; Mining & Industrial; Infrastructure & Power; Government; Diversified Services; and Other.
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