About Flowserve Corporation
Flowserve Corporation is a manufacturer and aftermarket service provider of flow control systems. The Company operates through three segments: Engineered Product Division (EPD), Industrial Product Division (IPD) and Flow Control Division (FCD). Its EPD designs, manufactures, distributes and services engineered pumps and pump systems, mechanical seals, auxiliary systems, replacement parts and related equipment. Its IPD designs, manufactures, distributes and services pre-configured engineered pumps and pump systems, including submersible motors, for industrial markets. Its FCD designs, manufactures, distributes and services a portfolio of industrial valve and automation solutions, including isolation and control valves, actuation, controls and related equipment. Its product portfolio of pumps, valves, seals, automation and aftermarket services support infrastructure industries, including oil and gas, chemical, power generation and water management.
Industry, Sector and Symbol:
- Sector: Industrial Products
- Industry: Diversified Machinery
- Sub-Industry: Industrial Machinery
- Exchange: NYSE
- Symbol: FLS
- CUSIP: 34354P10
- Previous Close: $48.37
- 50 Day Moving Average: $49.60
- 200 Day Moving Average: $47.48
- 52-Week Range: $39.13 - $52.50
- Trailing P/E Ratio: 43.58
- Foreward P/E Ratio: 20.85
- P/E Growth: 1.54
- Market Cap: $6.31B
- Outstanding Shares: 130,520,000
- Beta: 1.58
- Net Margins: 3.60%
- Return on Equity: 17.93%
- Return on Assets: 6.23%
Companies Related to Flowserve Corporation:
- Debt-to-Equity Ratio: 0.90%
- Current Ratio: 1.98%
- Quick Ratio: 1.12%
What is Flowserve Corporation's stock symbol?
Flowserve Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "FLS."
How often does Flowserve Corporation pay dividends? What is the dividend yield for Flowserve Corporation?
Flowserve Corporation declared a quarterly dividend on Friday, February 17th. Shareholders of record on Friday, March 24th will be given a dividend of $0.19 per share on Friday, April 7th. This represents a $0.76 annualized dividend and a yield of 1.57%. The ex-dividend date is Wednesday, March 22nd.
Where is Flowserve Corporation's stock going? Where will Flowserve Corporation's stock price be in 2017?
13 equities research analysts have issued 1-year price targets for Flowserve Corporation's stock. Their predictions range from $38.00 to $60.00. On average, they expect Flowserve Corporation's stock price to reach $44.56 in the next twelve months.
When will Flowserve Corporation announce their earnings?
Flowserve Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, April, 26th 2017.
What are analysts saying about Flowserve Corporation stock?
Here are some recent quotes from research analysts about Flowserve Corporation stock:
- Seaport Global Securities analysts commented, "We are upgrading shares of FLS to Buy (from Neutral) as short-cycle capex in heavy industries shows definitive signs of bottoming and optimism for growth in 2017. Furthermore, the benefits from realignment initiatives that have lagged peers are poised to inflect in 2017 and at a time when they should begin to help lever FLS's QRC footprint. While a capital spending recovery is still expected to lag MRO/maintenance activity, we remain optimistic that bookings can remain stable at these depressed levels and a mid-cycle acceleration in project activity would be incremental to our estimates. We anticipate a strong FCF recovery in 2017 to 136% of net income, up from our 2016 estimate of 45%. Based on our estimates, the company's 2017 FCF yield is 5.6% (above its historical average of 4.0%), which in our view remains attractive at this point in the cycle. Our price target is now $60 (up from $48)." (1/23/2017)
According to Zacks Investment Research, "Flowserve has posted a hat-trick of negative surprises, beating estimates just once in the trailing four quarters. Primarily, the bottom-line is hurting from negative currency translation and higher SG&A expenses. Cautious spending by clients due to reduced activities in the oil and gas markets is proving to be a major concern for Flowserve’s projects and orders. Especially, the company believes limited project activity in Middle East will act as a major spoilsport, hurting aftermarket activities. On account of these factors, Flowserve anticipates revenues to decline in the range of 7–14% year over year. Although Flowserve’s realignment plan should benefit it over the long haul, it will drive expenses in the near term. However, the company’s internal restructuring actions and cost-saving initiatives are expected to offset some of these weaknesses, thereby driving growth." (9/5/2016)
Who owns Flowserve Corporation stock?
Flowserve Corporation's stock is owned by many different of retail and institutional investors. Top institutional shareholders include FMR LLC (12.61%), State Street Corp (4.13%), Gamco Investors INC. ET AL (2.06%), New South Capital Management Inc. (1.37%), Gabelli Funds LLC (1.10%) and Janus Capital Management LLC (0.89%). Company insiders that own Flowserve Corporation stock include Mark A Blinn, Michael S Taff, Thomas L Pajonas and William C Rusnack.
Who sold Flowserve Corporation stock? Who is selling Flowserve Corporation stock?
Flowserve Corporation's stock was sold by a variety of institutional investors in the last quarter, including Janus Capital Management LLC, Allianz Asset Management AG, International Value Advisers LLC, Marshall Wace LLP, New South Capital Management Inc., Dimensional Fund Advisors LP, Gamco Investors INC. ET AL and Royce & Associates LP. Company insiders that have sold Flowserve Corporation stock in the last year include Mark A Blinn, Thomas L Pajonas and William C Rusnack.
Who bought Flowserve Corporation stock? Who is buying Flowserve Corporation stock?
Flowserve Corporation's stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, State Street Corp, 1060 Capital LLC, Calamos Advisors LLC, Asset Management One Co. Ltd., Lafitte Capital Management LP, Russell Investments Group Ltd. and Employees Retirement System of Texas.
How do I buy Flowserve Corporation stock?
Shares of Flowserve Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Flowserve Corporation stock cost?
One share of Flowserve Corporation stock can currently be purchased for approximately $48.37.