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A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Options Trading Plan–Perfect For Beginners (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Options Trading Plan–Perfect For Beginners (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Options Trading Plan–Perfect For Beginners (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Options Trading Plan–Perfect For Beginners (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Options Trading Plan–Perfect For Beginners (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Options Trading Plan–Perfect For Beginners (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
NYSE:FLS

Flowserve (FLS) Stock Forecast, Price & News

$38.93
+0.15 (+0.39%)
(As of 09/22/2023 ET)
Compare
Today's Range
$38.88
$39.33
50-Day Range
$36.95
$40.67
52-Week Range
$23.89
$41.01
Volume
868,111 shs
Average Volume
963,458 shs
Market Capitalization
$5.11 billion
P/E Ratio
21.63
Dividend Yield
2.05%
Price Target
$40.00

Flowserve MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
2.7% Upside
$40.00 Price Target
Short Interest
Healthy
1.23% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.95mentions of Flowserve in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
21.83%
From $1.97 to $2.40 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.67 out of 5 stars

Industrial Products Sector

44th out of 175 stocks

Pumps & Pumping Equipment Industry

3rd out of 8 stocks


FLS stock logo

About Flowserve (NYSE:FLS) Stock

Flowserve Corporation designs, manufactures, distributes, and services industrial flow management equipment in the United States, the Middle East, Africa, Asia Pacific, and Europe. 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, 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. The FCD segment provides engineered and industrial valve and automation solutions, including isolation and control valves, actuation, controls, and related equipment, as well as equipment maintenance services for flow control systems, including advanced diagnostics, repair, installation, commissioning, retrofit programs, and field machining capabilities. This segment's products are used to control, direct, and manage the flow of liquids, gases, and multi-phase fluids. It primarily serves oil and gas, chemical and pharmaceuticals, power generation, and water management markets, as well as general industries, including mining and ore processing, pulp and paper, food and beverage, and other smaller applications. The company distributes its products through direct sales, distributors, and sales representatives. Flowserve Corporation was incorporated in 1912 and is headquartered in Irving, Texas.

FLS Price History

FLS Stock News Headlines

Surprising "Twist" Hands Biden Landslide Re-election?
This could make it harder than ever to hang onto the money you make as Progressives gain power, and America slides further towards Socialism.
Flowserve Appoints Cheryl H. Johnson to Board of Directors
Flowserve Announces 2023 Analyst Day
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
FMR LLC Reduces Stake in Flowserve Corp
Flowserve (FLS) Receives a Buy from Stifel Nicolaus
Oppenheimer Remains a Hold on Flowserve (FLS)
Flowserve Corporation Q2 Profit Increases, beats estimates
See More Headlines
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FLS Company Calendar

Ex-Dividend for 7/7 Dividend
6/22/2023
Dividend Payable
7/07/2023
Last Earnings
8/01/2023
Ex-Dividend for 10/6 Dividend
9/21/2023
Today
9/24/2023
Dividend Payable
10/06/2023
Next Earnings (Estimated)
10/30/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Pumps & pumping equipment
Sub-Industry
Industrial Machinery
CUSIP
34354P10
Employees
16,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$40.00
High Stock Price Forecast
$49.00
Low Stock Price Forecast
$30.00
Forecasted Upside/Downside
+2.7%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
9 Analysts

Profitability

Net Income
$188.69 million
Pretax Margin
5.49%

Debt

Sales & Book Value

Annual Sales
$3.62 billion
Cash Flow
$1.80 per share
Book Value
$14.22 per share

Miscellaneous

Free Float
130,341,000
Market Cap
$5.11 billion
Optionable
Optionable
Beta
1.60
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Key Executives

  • Mr. Robert Scott Rowe (Age 52)
    Pres, CEO & Director
    Comp: $2.38M
  • Ms. Amy B. Schwetz (Age 48)
    Sr. VP & CFO
    Comp: $1.17M
  • Ms. Elizabeth L. Burger (Age 52)
    Sr. VP & Chief HR Officer
    Comp: $805.48k
  • Mr. Scott K. Vopni (Age 55)
    VP & Chief Accounting Officer
  • Ms. Tauseef Salma
    VP of Marketing & Technology
  • Mr. Doug Short
    VP & Chief Information Officer
  • Mr. John E. Roueche III (Age 56)
    VP of Investor Relations & Treasurer
  • Ms. Susan Claire Hudson (Age 46)
    Sr. VP, Chief Legal Officer & Corp. Sec.
  • Mr. Lars E. Rosene (Age 55)
    VP of Corp. Communications & Public Affairs
  • Mr. Kirk R. WilsonMr. Kirk R. Wilson (Age 56)
    Pres of Flow Control Division













FLS Stock - Frequently Asked Questions

Should I buy or sell Flowserve stock right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Flowserve in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" FLS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FLS, but not buy additional shares or sell existing shares.
View FLS analyst ratings
or view top-rated stocks.

What is Flowserve's stock price forecast for 2023?

9 brokers have issued 12-month target prices for Flowserve's stock. Their FLS share price forecasts range from $30.00 to $49.00. On average, they expect the company's share price to reach $40.00 in the next year. This suggests a possible upside of 2.7% from the stock's current price.
View analysts price targets for FLS
or view top-rated stocks among Wall Street analysts.

How have FLS shares performed in 2023?

Flowserve's stock was trading at $30.68 at the start of the year. Since then, FLS shares have increased by 26.9% and is now trading at $38.93.
View the best growth stocks for 2023 here
.

Are investors shorting Flowserve?

Flowserve saw a decrease in short interest during the month of August. As of August 31st, there was short interest totaling 1,610,000 shares, a decrease of 16.6% from the August 15th total of 1,930,000 shares. Based on an average trading volume of 876,800 shares, the short-interest ratio is currently 1.8 days.
View Flowserve's Short Interest
.

When is Flowserve's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, October 30th 2023.
View our FLS earnings forecast
.

How were Flowserve's earnings last quarter?

Flowserve Co. (NYSE:FLS) released its quarterly earnings results on Tuesday, August, 1st. The industrial products company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.40 by $0.12. The industrial products company had revenue of $1.08 billion for the quarter, compared to analyst estimates of $979.68 million. Flowserve had a trailing twelve-month return on equity of 11.76% and a net margin of 5.98%. The firm's revenue was up 22.5% compared to the same quarter last year. During the same period last year, the firm posted $0.30 EPS.

How often does Flowserve pay dividends? What is the dividend yield for Flowserve?

Flowserve announced a quarterly dividend on Wednesday, August 16th. Shareholders of record on Friday, September 22nd will be paid a dividend of $0.20 per share on Friday, October 6th. This represents a $0.80 dividend on an annualized basis and a yield of 2.05%. The ex-dividend date is Thursday, September 21st.
Read our dividend analysis for FLS
.

What ETFs hold Flowserve's stock?
Is Flowserve a good dividend stock?

Flowserve (NYSE:FLS) pays an annual dividend of $0.80 per share and currently has a dividend yield of 2.05%. The dividend payout ratio is 44.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FLS will have a dividend payout ratio of 33.33% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FLS.

What guidance has Flowserve issued on next quarter's earnings?

Flowserve issued an update on its FY 2023 earnings guidance on Tuesday, August, 1st. The company provided earnings per share guidance of $1.85-$2.00 for the period, compared to the consensus earnings per share estimate of $1.82. The company issued revenue guidance of $4.19 billion-$4.27 billion, compared to the consensus revenue estimate of $4.05 billion.

What is Scott Rowe's approval rating as Flowserve's CEO?

147 employees have rated Flowserve Chief Executive Officer Scott Rowe on Glassdoor.com. Scott Rowe has an approval rating of 83% among the company's employees.

What other stocks do shareholders of Flowserve own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Flowserve investors own include Intel (INTC), General Electric (GE), Johnson & Johnson (JNJ), Boeing (BA), QUALCOMM (QCOM), Broadcom (AVGO), Salesforce (CRM), CVS Health (CVS), Wells Fargo & Company (WFC) and Chevron (CVX).

What is Flowserve's stock symbol?

Flowserve trades on the New York Stock Exchange (NYSE) under the ticker symbol "FLS."

Who are Flowserve's major shareholders?

Flowserve's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.42%), Beutel Goodman & Co Ltd. (5.12%), Nordea Investment Management AB (4.06%), State Street Corp (2.83%), Earnest Partners LLC (2.13%) and Bank of New York Mellon Corp (1.70%).
View institutional ownership trends
.

How do I buy shares of Flowserve?

Shares of FLS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Flowserve's stock price today?

One share of FLS stock can currently be purchased for approximately $38.93.

How much money does Flowserve make?

Flowserve (NYSE:FLS) has a market capitalization of $5.11 billion and generates $3.62 billion in revenue each year. The industrial products company earns $188.69 million in net income (profit) each year or $1.80 on an earnings per share basis.

How many employees does Flowserve have?

The company employs 16,000 workers across the globe.

How can I contact Flowserve?

Flowserve's mailing address is 5215 N. O`CONNOR BLVD. SUITE 2300, IRVING TX, 75039. The official website for the company is www.flowserve.com. The industrial products company can be reached via phone at (972) 443-6500, via email at mmullin@flowserve.com, or via fax at 972-443-6800.

This page (NYSE:FLS) was last updated on 9/24/2023 by MarketBeat.com Staff

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