Flowserve (FLS) Expected to Announce Earnings on Tuesday

Flowserve (NYSE:FLS - Get Free Report) is expected to announce its Q1 2025 earnings results after the market closes on Tuesday, April 29th. Analysts expect Flowserve to post earnings of $0.60 per share and revenue of $1.11 billion for the quarter. Flowserve has set its FY 2025 guidance at 3.100-3.300 EPS.

Flowserve (NYSE:FLS - Get Free Report) last released its quarterly earnings data on Tuesday, February 18th. The industrial products company reported $0.70 EPS for the quarter, missing the consensus estimate of $0.77 by ($0.07). Flowserve had a return on equity of 17.08% and a net margin of 6.20%. The business had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.21 billion. On average, analysts expect Flowserve to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Flowserve Stock Performance

Shares of NYSE:FLS traded up $0.27 during trading on Friday, hitting $44.89. 1,262,659 shares of the company were exchanged, compared to its average volume of 1,273,322. The company has a market cap of $5.91 billion, a PE ratio of 20.98, a P/E/G ratio of 1.35 and a beta of 1.22. Flowserve has a 52-week low of $37.34 and a 52-week high of $65.08. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.97 and a quick ratio of 1.39. The stock has a 50 day moving average of $47.86 and a 200 day moving average of $55.34.

Flowserve Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, April 11th. Shareholders of record on Friday, March 28th were paid a $0.21 dividend. The ex-dividend date of this dividend was Friday, March 28th. This represents a $0.84 annualized dividend and a yield of 1.87%. Flowserve's dividend payout ratio is currently 39.25%.

Analysts Set New Price Targets

FLS has been the subject of several recent analyst reports. Mizuho boosted their price objective on shares of Flowserve from $65.00 to $70.00 and gave the company an "outperform" rating in a research note on Thursday, February 20th. Stifel Nicolaus dropped their price objective on Flowserve from $77.00 to $50.00 and set a "buy" rating for the company in a research note on Monday, April 14th. TD Cowen upped their target price on Flowserve from $60.00 to $75.00 and gave the stock a "buy" rating in a research note on Thursday, January 16th. Citigroup dropped their price target on Flowserve from $72.00 to $56.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Finally, Baird R W upgraded shares of Flowserve from a "hold" rating to a "strong-buy" rating in a research report on Monday, March 17th. Two research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $64.30.

About Flowserve

Flowserve Corporation designs, manufactures, distributes, and services industrial flow management equipment in the United States, Canada, Mexico, Europe, the Middle East, Africa, and the Asia Pacific. It operates through Flowserve Pump Division (FPD) and Flow Control Division (FCD) segments. The FPD segment offers custom and pre-configured pumps and pump systems, mechanical seals, auxiliary systems, replacement parts, upgrades, and related aftermarket services; and equipment services, including installation and commissioning services, seal systems spare parts, repairs, advanced diagnostics, re-rate and upgrade solutions, retrofit programs, and machining and asset management solutions, as well as manufactures a gas-lubricated mechanical seal for use in high-speed compressors for gas pipelines and in the oil and gas production and process markets.