Barclays (LON:BARC) analyst Adam Seiden maintained a Hold rating on Fluor Corp (NYSE:FLR) on Friday, setting a price target of $22, which is approximately 30.10% above the present share price of $16.91.
Seiden expects Fluor Corp to post earnings per share (EPS) of -$0.62 for the third quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Hold rating of shares in Fluor, with an average price target of $21.25.
The analysts price targets range from a high of $22 to a low of $20.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $2.94 billion and a net profit of $27.18 million. The company's market cap is $2.39 billion.
According to TipRanks.com, Barclays analyst Adam Seiden is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 16.5% and a 55.45% success rate.
Fluor Corp. is a holding company, which engages in providing engineering, procurement, construction, fabrication and modularization, operations, maintenance and asset integrity, as well as project management services, on a global basis. It operates through the following four segments: Energy & Chemicals, Mining, Industrial, Infrastructure & Power, Diversified Services and Government. The Energy & Chemicals segment focuses on opportunities in the upstream, midstream, downstream, chemical, petrochemical, offshore and onshore oil and gas production, liquefied natural gas and pipeline markets. The Mining, Industrial, Infrastructure & Power segment provides design, engineering, procurement, construction and project management services to the mining and metals, transportation, life sciences, advanced manufacturing and power sectors. The Diversified segment provides a wide array of asset services, asset integrity services, equipment solutions and staffing services. The Government segment provides engineering, construction, logistics, base and facilities operations and maintenance, contingency response and environmental and nuclear services to the U.S. government and governments abroad. The company was founded by John Simon Flour, Sr. in 1912 and is headquartered in Irving, TX.