Are Construction Stocks Lagging Fluor (FLR) This Year?

Company Overview - Fluor (FLR) is a notable stock in the Construction sector, which consists of 88 individual stocks and currently holds a Zacks Sector Rank of 14 out of 16 groups [2] - Fluor has a Zacks Rank of 1 (Strong Buy), indicating a positive earnings outlook based on earnings estimates and revisions [3] Performance Analysis - The Zacks Consensus Estimate for Fluor's full-year earnings has increased by 0.4% over the past quarter, reflecting improved analyst sentiment [4] - Year-to-date, Fluor has returned approximately 4.2%, outperforming the average loss of 1.7% in the Construction sector [4] - In comparison, Granite Construction (GVA) has also returned 4.2% this year, with an 8.2% increase in the consensus EPS estimate over the past three months, and holds a Zacks Rank of 2 (Buy) [5] Industry Context - Fluor is part of the Engineering - R and D Services industry, which includes 17 companies and is currently ranked 74 in the Zacks Industry Rank, with an average gain of 8.5% this year, indicating that Fluor is slightly underperforming its industry [6] - Granite Construction belongs to the Building Products - Heavy Construction industry, which is ranked 3 and has seen an increase of 11.8% this year [7]