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Here is a Simple 4 Stock Portfolio that Can Outperform the Market
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Saudi Aramco's profits already $88B as oil prices stay high
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Boredom, loneliness plague Ukrainian youth near front line
The 3-Stock Retirement Blueprint (Ad)
Is AMC Entertainment Pulling a Fast One on the APEs?
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
The Day of Financial Reckoning Is Near (Ad)
Here is a Simple 4 Stock Portfolio that Can Outperform the Market
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Saudi Aramco's profits already $88B as oil prices stay high
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Boredom, loneliness plague Ukrainian youth near front line
The 3-Stock Retirement Blueprint (Ad)
Is AMC Entertainment Pulling a Fast One on the APEs?
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
The Day of Financial Reckoning Is Near (Ad)
Here is a Simple 4 Stock Portfolio that Can Outperform the Market
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Saudi Aramco's profits already $88B as oil prices stay high
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Boredom, loneliness plague Ukrainian youth near front line
The 3-Stock Retirement Blueprint (Ad)
Is AMC Entertainment Pulling a Fast One on the APEs?
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
The Day of Financial Reckoning Is Near (Ad)
Here is a Simple 4 Stock Portfolio that Can Outperform the Market
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Saudi Aramco's profits already $88B as oil prices stay high
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
NYSE:FLS

Flowserve - FLS Stock Forecast, Price & News

$35.19
+0.70 (+2.03%)
(As of 08/12/2022 09:14 PM ET)
Add
Compare
Today's Range
$34.48
$35.27
50-Day Range
$27.36
$35.19
52-Week Range
$26.84
$40.80
Volume
2.78 million shs
Average Volume
1.32 million shs
Market Capitalization
$4.60 billion
P/E Ratio
48.21
Dividend Yield
2.27%
Price Target
$37.13

Flowserve MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
5.5% Upside
$37.13 Price Target
Short Interest
Bearish
3.41% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.38mentions of Flowserve in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
38.16%
From $1.52 to $2.10 Per Share

Overall MarketRank

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

1.85 out of 5 stars

Industrial Products Sector

145th out of 191 stocks

Pumps & Pumping Equipment Industry

7th out of 7 stocks

FLS stock logo

About Flowserve (NYSE:FLS) Stock

Flowserve Corporation designs, develops, manufactures, distributes, and services industrial flow management equipment in the United States, Europe, the Middle East, Africa, Asia, and internationally. It operates in two segments, Flowserve Pump Division (FPD) and Flow Control Division (FCD). 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 fluids. The company 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.

Wall Street Analyst Weigh In

Several research analysts have commented on FLS shares. Stifel Nicolaus lowered their price objective on shares of Flowserve from $42.00 to $35.00 in a research report on Wednesday, May 4th. Royal Bank of Canada lowered their price objective on shares of Flowserve from $38.00 to $33.00 in a research report on Wednesday, May 4th. Bank of America upgraded shares of Flowserve from an "underperform" rating to a "neutral" rating and set a $31.00 price objective for the company in a research report on Monday, July 11th. Finally, Citigroup upped their price target on shares of Flowserve to $39.00 in a report on Tuesday, August 9th. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $37.13.

Flowserve Stock Up 2.0 %

Shares of NYSE:FLS opened at $35.19 on Friday. The company has a fifty day moving average of $30.27 and a 200-day moving average of $31.97. The company has a market capitalization of $4.60 billion, a PE ratio of 48.21, a price-to-earnings-growth ratio of 1.43 and a beta of 1.58. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.40 and a current ratio of 2.09. Flowserve has a 52-week low of $26.84 and a 52-week high of $40.80.

Flowserve (NYSE:FLS - Get Rating) last issued its quarterly earnings data on Wednesday, July 27th. The industrial products company reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.04. Flowserve had a net margin of 2.74% and a return on equity of 8.12%. The company had revenue of $882.22 million for the quarter, compared to analysts' expectations of $886.53 million. During the same quarter in the previous year, the firm posted $0.37 earnings per share. Flowserve's revenue for the quarter was down 1.8% on a year-over-year basis. On average, equities analysts predict that Flowserve will post 1.52 EPS for the current fiscal year.

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FLS Stock News Headlines

Flowserve (NYSE:FLS) PT Raised to $39.00
Flowserve (NYSE:FLS) Given New $39.00 Price Target at Citigroup
Flowserve Corporation Q2 Profit Decreases, but beats estimates
Flowserve (FLS) Surpasses Q2 Earnings Estimates
See More Headlines
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FLS Company Calendar

Ex-Dividend for 7/8 Dividend
6/23/2022
Dividend Payable
7/08/2022
Last Earnings
7/27/2022
Today
8/14/2022
Next Earnings (Estimated)
10/26/2022
Fiscal Year End
12/31/2022

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
$37.13
High Stock Price Forecast
$46.00
Low Stock Price Forecast
$31.00
Forecasted Upside/Downside
+5.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
$125.95 million
Pretax Margin
3.14%

Debt

Sales & Book Value

Annual Sales
$3.54 billion
Cash Flow
$2.16 per share
Book Value
$13.42 per share

Miscellaneous

Free Float
129,857,000
Market Cap
$4.60 billion
Optionable
Optionable
Beta
1.58

Key Executives

  • Mr. Robert Scott Rowe (Age 51)
    Pres, CEO & Director
    Comp: $2.17M
  • Ms. Amy B. Schwetz (Age 47)
    Sr. VP & CFO
    Comp: $1.07M
  • Mr. Keith E. Gillespie (Age 56)
    Sr. VP & Chief Sales Officer
    Comp: $926.01k
  • Ms. Elizabeth L. Burger (Age 51)
    Sr. VP & Chief HR Officer
    Comp: $743.98k
  • Ms. Tamara M. Morytko (Age 51)
    Pres of the Flowserve Pumps Division
    Comp: $1.95M
  • Mr. Scott K. Vopni (Age 54)
    VP & Chief Accounting Officer
  • Ms. Tauseef Salma
    VP of Marketing & Technology
  • Mr. John E. Roueche III (Age 55)
    VP of Investor Relations & Treasurer
  • Ms. Susan Claire Hudson
    Sr. VP, Chief Legal Officer & Corp. Sec.
  • Mr. Lars E. Rosene (Age 54)
    VP of Corp. Communications & Public Affairs













FLS Stock - Frequently Asked Questions

Should I buy or sell Flowserve stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Flowserve in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" FLS shares.
View FLS analyst ratings
or view top-rated stocks.

What is Flowserve's stock price forecast for 2022?

7 brokerages have issued 12 month price objectives for Flowserve's stock. Their FLS share price forecasts range from $31.00 to $46.00. On average, they predict the company's share price to reach $37.13 in the next year. This suggests a possible upside of 5.5% 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 2022?

Flowserve's stock was trading at $30.60 at the beginning of the year. Since then, FLS shares have increased by 15.0% and is now trading at $35.19.
View the best growth stocks for 2022 here
.

Are investors shorting Flowserve?

Flowserve saw a increase in short interest during the month of July. As of July 31st, there was short interest totaling 4,440,000 shares, an increase of 19.4% from the July 15th total of 3,720,000 shares. Based on an average daily volume of 995,400 shares, the short-interest ratio is currently 4.5 days. Approximately 3.4% of the company's stock are sold short.
View Flowserve's Short Interest
.

When is Flowserve's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our FLS earnings forecast
.

How were Flowserve's earnings last quarter?

Flowserve Co. (NYSE:FLS) announced its earnings results on Wednesday, July, 27th. The industrial products company reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.04. The industrial products company earned $882.22 million during the quarter, compared to analyst estimates of $886.53 million. Flowserve had a trailing twelve-month return on equity of 8.12% and a net margin of 2.74%. The company's quarterly revenue was down 1.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.37 EPS.

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

Flowserve announced a quarterly dividend on Thursday, May 12th. Stockholders of record on Friday, June 24th will be given a dividend of $0.20 per share on Friday, July 8th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.27%. The ex-dividend date of this dividend is Thursday, June 23rd.
Read our dividend analysis for FLS
.

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 2.27%. The dividend payout ratio is 109.59%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, FLS will have a dividend payout ratio of 38.10% 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 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share guidance of $1.50-$1.70 for the period, compared to the consensus EPS estimate of $1.50. The company issued revenue guidance of $3.72 billion-$3.79 billion, compared to the consensus revenue estimate of $3.72 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 FMR LLC (10.03%), Nordea Investment Management AB (3.99%), Turtle Creek Asset Management Inc. (1.27%), Massachusetts Financial Services Co. MA (1.27%), Gamco Investors INC. ET AL (1.19%) and Northern Trust Corp (0.76%). Insiders that own company stock include Kirk Wilson, Lanesha Minnix, Sanjay Chowbey and Sujeet Chand.
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 $35.19.

How much money does Flowserve make?

Flowserve (NYSE:FLS) has a market capitalization of $4.60 billion and generates $3.54 billion in revenue each year. The industrial products company earns $125.95 million in net income (profit) each year or $0.73 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 8/15/2022 by MarketBeat.com Staff

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