Q3 Earnings Forecast for Flowserve Issued By Zacks Research

Key Points

• Zacks Research lowered Flowserve’s Q3 2027 EPS forecast to $1.21 from $1.25, while the consensus full-year estimate remains $4.10 per share.
• Flowserve’s latest quarter exceeded expectations, with EPS of $0.95 versus the $0.86 consensus and revenue of $1.17 billion; however, revenue declined 1.6% year over year.
• Shares opened at $78.14, and analysts maintain a “Moderate Buy” consensus with an average price target of $86.60. Institutional investors own approximately 93.93% of the stock.

Flowserve Corporation (NYSE:FLS - Free Report) - Stock analysts at Zacks Research dropped their Q3 2027 earnings per share (EPS) estimates for Flowserve in a research report issued to clients and investors on Wednesday, August 19th. Zacks Research analyst Team now forecasts that the industrial products company will earn $1.21 per share for the quarter, down from their prior forecast of $1.25. The consensus estimate for Flowserve's current full-year earnings is $4.10 per share. Zacks Research also issued estimates for Flowserve's Q1 2028 earnings at $1.13 EPS.

FLS has been the subject of a number of other research reports. The Goldman Sachs Group set a $82.00 price objective on Flowserve in a report on Thursday, July 30th. Weiss Ratings raised Flowserve from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Tuesday, August 11th. Robert W. Baird set a $93.00 price target on Flowserve in a report on Friday, July 31st. TD Cowen cut shares of Flowserve from a "buy" rating to a "hold" rating and decreased their target price for the stock from $85.00 to $70.00 in a report on Wednesday, June 24th. Finally, Stifel Nicolaus boosted their price objective on shares of Flowserve from $92.00 to $94.00 and gave the stock a "buy" rating in a report on Friday, July 31st. Seven equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $86.60.

Flowserve Stock Up 0.3%

Shares of NYSE:FLS opened at $78.14 on Friday. The firm has a market capitalization of $9.93 billion, a P/E ratio of 27.42, a P/E/G ratio of 1.73 and a beta of 1.23. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.58 and a current ratio of 2.15. The stock has a 50 day moving average price of $75.10 and a 200-day moving average price of $77.15. Flowserve has a 52-week low of $48.71 and a 52-week high of $92.41.

Flowserve (NYSE:FLS - Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $0.95 EPS for the quarter, topping the consensus estimate of $0.86 by $0.09. Flowserve had a net margin of 8.01% and a return on equity of 21.42%. The business had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.16 billion. During the same period in the prior year, the business earned $0.91 EPS. The company's revenue for the quarter was down 1.6% on a year-over-year basis. Flowserve has set its FY 2026 guidance at 4.050-4.200 EPS.

Hedge Funds Weigh In On Flowserve

A number of institutional investors have recently bought and sold shares of FLS. Goldman Sachs Group Inc. increased its position in Flowserve by 48.2% in the first quarter. Goldman Sachs Group Inc. now owns 471,893 shares of the industrial products company's stock worth $23,047,000 after buying an additional 153,553 shares in the last quarter. Sivia Capital Partners LLC purchased a new position in shares of Flowserve during the 2nd quarter valued at about $313,000. First Trust Advisors LP lifted its position in shares of Flowserve by 6.0% during the 2nd quarter. First Trust Advisors LP now owns 134,484 shares of the industrial products company's stock valued at $7,040,000 after buying an additional 7,624 shares in the last quarter. Cresset Asset Management LLC grew its stake in shares of Flowserve by 24.1% during the 2nd quarter. Cresset Asset Management LLC now owns 14,246 shares of the industrial products company's stock valued at $749,000 after acquiring an additional 2,769 shares during the period. Finally, California Public Employees Retirement System grew its stake in shares of Flowserve by 10.5% during the 2nd quarter. California Public Employees Retirement System now owns 232,848 shares of the industrial products company's stock valued at $12,190,000 after acquiring an additional 22,108 shares during the period. 93.93% of the stock is owned by institutional investors.

More Flowserve News

Here are the key news stories impacting Flowserve this week:

• Positive Sentiment: Zacks raised Flowserve’s FY2026 EPS estimate to $4.08 from $4.03, FY2027 to $4.61 from $4.59, and FY2028 to $5.18 from $5.13. It also increased estimates for Q4 2026, Q4 2027 and Q1-Q2 2028, supporting the case for stronger future profitability. Flowserve analyst estimate updates
• Positive Sentiment: Zacks highlighted Flowserve among industrial manufacturing stocks positioned to benefit from rising manufacturing activity, technological progress and strategic acquisitions. Industrial manufacturing stocks outlook
• Neutral Sentiment: The current full-year analyst consensus remains $4.10 EPS, meaning the revised FY2026 estimate of $4.08 is still slightly below consensus. The company’s previously reported quarter showed earnings above expectations, but revenue declined year over year.
• Negative Sentiment: Zacks lowered its Q3 2026 EPS estimate to $1.01 from $1.04 and its Q3 2027 estimate to $1.21 from $1.25. These cuts indicate some pressure on intermediate-term quarterly expectations, although they are outweighed by the longer-term upward revisions.

Flowserve Company Profile

Flowserve Corporation NYSE: FLS is a leading provider of fluid motion and control products and services. The company designs, manufactures and services engineered and industrial pumps, mechanical seals, valves and related flow management equipment. Flowserve's offerings are utilized across a broad spectrum of end markets, including oil and gas, power generation, chemical processing, water management, pharmaceutical and semiconductor manufacturing, as well as mining and general industrial applications.

Flowserve's product portfolio encompasses a wide range of centrifugal and positive displacement pumps, high-performance control valves, butterfly and ball valves, as well as mechanical seals and seal support systems.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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