What is Zacks Research's Forecast for Flowserve Q2 Earnings?

Flowserve Co. (NYSE:FLS - Free Report) - Equities researchers at Zacks Research cut their Q2 2025 earnings per share estimates for Flowserve in a research note issued to investors on Tuesday, May 20th. Zacks Research analyst R. Department now anticipates that the industrial products company will post earnings per share of $0.77 for the quarter, down from their previous estimate of $0.81. The consensus estimate for Flowserve's current full-year earnings is $3.18 per share. Zacks Research also issued estimates for Flowserve's FY2025 earnings at $3.15 EPS and Q1 2027 earnings at $0.84 EPS.

A number of other research firms also recently commented on FLS. Mizuho set a $60.00 target price on Flowserve in a report on Friday, May 16th. Stifel Nicolaus boosted their price target on Flowserve from $50.00 to $54.00 and gave the company a "buy" rating in a report on Thursday, May 1st. Citigroup decreased their price target on Flowserve from $72.00 to $56.00 and set a "buy" rating for the company in a report on Monday, April 14th. Wall Street Zen raised Flowserve from a "hold" rating to a "buy" rating in a report on Wednesday, April 30th. Finally, Robert W. Baird decreased their price target on Flowserve from $71.00 to $70.00 and set an "outperform" rating for the company in a report on Thursday, May 1st. One research analyst has rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Buy" and an average target price of $63.00.

Flowserve Price Performance

Shares of NYSE FLS opened at $49.36 on Friday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.39 and a current ratio of 1.97. The company has a market cap of $6.45 billion, a PE ratio of 23.06, a P/E/G ratio of 1.35 and a beta of 1.21. The business has a 50-day simple moving average of $46.61 and a two-hundred day simple moving average of $54.65. Flowserve has a fifty-two week low of $37.34 and a fifty-two week high of $65.08.

Flowserve (NYSE:FLS - Get Free Report) last announced its quarterly earnings results on Tuesday, April 29th. The industrial products company reported $0.72 EPS for the quarter, beating the consensus estimate of $0.59 by $0.13. Flowserve had a return on equity of 17.08% and a net margin of 6.20%. The firm had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.11 billion. During the same quarter last year, the firm posted $0.58 earnings per share. The business's revenue for the quarter was up 5.2% on a year-over-year basis.

Institutional Trading of Flowserve

Large investors have recently made changes to their positions in the company. Nuveen LLC acquired a new position in Flowserve during the first quarter worth $111,598,000. FIL Ltd boosted its stake in Flowserve by 71.7% during the fourth quarter. FIL Ltd now owns 5,255,059 shares of the industrial products company's stock worth $302,271,000 after buying an additional 2,193,904 shares during the last quarter. Norges Bank acquired a new position in Flowserve during the fourth quarter worth $94,629,000. Driehaus Capital Management LLC boosted its stake in Flowserve by 307.1% during the fourth quarter. Driehaus Capital Management LLC now owns 1,888,917 shares of the industrial products company's stock worth $108,651,000 after buying an additional 1,424,948 shares during the last quarter. Finally, Erste Asset Management GmbH boosted its stake in Flowserve by 978.8% during the first quarter. Erste Asset Management GmbH now owns 1,003,800 shares of the industrial products company's stock worth $49,025,000 after buying an additional 910,750 shares during the last quarter. 93.93% of the stock is currently owned by hedge funds and other institutional investors.

Flowserve Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 11th. Investors of record on Friday, June 27th will be given a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 1.70%. The ex-dividend date of this dividend is Friday, June 27th. Flowserve's payout ratio is 39.25%.

Flowserve Company Profile

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.

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