Flowserve Corporation designs, develops, manufactures, distributes, and services industrial flow management equipment in the United States, Europe, the Middle East, Africa, Asia, and internationally. The company operates through three segments: Engineered Product Division (EPD), Industrial Product Division (IPD), and Flow Control Division (FCD). The EPD segment offers custom and other engineered pumps and pump systems, mechanical seals, auxiliary systems, replacement parts, upgrades, and related aftermarket services, as well as manufactures a gas-lubricated mechanical seal for use in high-speed compressors for gas pipelines.
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Industry, Sector and Symbol
Industry Pumps & pumping equipment
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
Phone972-443-6500
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$3.83 billion
Profitability
Miscellaneous
Employees17,000
Next Earnings Date2/19/2020 (Estimated)
OptionableOptionable
Flowserve (NYSE:FLS) Frequently Asked Questions
What is Flowserve's stock symbol?
Flowserve trades on the New York Stock Exchange (NYSE) under the ticker symbol "FLS."
How often does Flowserve pay dividends? What is the dividend yield for Flowserve?
Flowserve announced a quarterly dividend on Wednesday, August 21st. Shareholders of record on Friday, September 20th will be given a dividend of $0.19 per share on Friday, October 4th. This represents a $0.76 annualized dividend and a yield of 1.58%. The ex-dividend date is Thursday, September 19th. View Flowserve's Dividend History.
How were Flowserve's earnings last quarter?
Flowserve Corp (NYSE:FLS) posted its quarterly earnings results on Wednesday, October, 30th. The industrial products company reported $0.59 EPS for the quarter, topping the Zacks' consensus estimate of $0.56 by $0.03. The industrial products company had revenue of $996.54 million for the quarter, compared to analyst estimates of $1.01 billion. Flowserve had a net margin of 6.39% and a return on equity of 16.21%. The firm's revenue for the quarter was up 4.6% on a year-over-year basis. During the same quarter last year, the business posted $0.49 earnings per share. View Flowserve's Earnings History.
When is Flowserve's next earnings date?
What guidance has Flowserve issued on next quarter's earnings?
Flowserve updated its FY19 earnings guidance on Tuesday, December, 3rd. The company provided earnings per share guidance of $2.15-2.20 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.19.
What price target have analysts set for FLS?
5 brokerages have issued 1-year price objectives for Flowserve's stock. Their forecasts range from $43.00 to $58.00. On average, they anticipate Flowserve's stock price to reach $50.00 in the next year. This suggests a possible upside of 3.8% from the stock's current price. View Analyst Price Targets for Flowserve.
What is the consensus analysts' recommendation for Flowserve?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Flowserve in the last year. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Flowserve.
Has Flowserve been receiving favorable news coverage?
News coverage about FLS stock has been trending very negative this week, according to InfoTrie. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Flowserve earned a news impact score of -3.0 on InfoTrie's scale. They also gave news headlines about the industrial products company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days. View News Stories for Flowserve.
Are investors shorting Flowserve?
Flowserve saw a decline in short interest in October. As of October 31st, there was short interest totalling 4,140,000 shares, a decline of 17.4% from the September 30th total of 5,010,000 shares. Based on an average daily trading volume, of 964,300 shares, the short-interest ratio is currently 4.3 days. Currently, 3.2% of the company's stock are sold short. View Flowserve's Current Options Chain.
Who are some of Flowserve's key competitors?
Some companies that are related to Flowserve include Illinois Tool Works (ITW), Ingersoll-Rand (IR), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Xylem (XYL), IDEX (IEX), Nordson (NDSN), Snap-on (SNA), Graco (GGG), Pentair (PNR), Woodward, Inc.Common Stock (WWD), Donaldson (DCI), Gardner Denver (GDI) and Middleby (MIDD).
What other stocks do shareholders of Flowserve own?
Who are Flowserve's key executives?
Flowserve's management team includes the folowing people:
- Mr. Robert Scott Rowe, Pres, CEO & Director (Age 48)
- Mr. Lee S. Eckert, Sr. VP & CFO (Age 52)
- Mr. Keith E. Gillespie, Sr. VP & Chief Sales Officer (Age 53)
- Ms. Elizabeth L. Burger, Sr. VP & Chief HR Officer (Age 48)
- Mr. David J. Wilson, Pres of Pumps Division (Age 50)
Who are Flowserve's major shareholders?
Flowserve's stock is owned by many different of retail and institutional investors. Top institutional investors include EdgePoint Investment Group Inc. (13.28%), State Street Corp (4.05%), Gamco Investors INC. ET AL (1.78%), Massachusetts Financial Services Co. MA (1.76%), Beutel Goodman & Co Ltd. (1.32%) and SPF Beheer BV (1.25%). Company insiders that own Flowserve stock include John Lenander and Ruby R Chandy. View Institutional Ownership Trends for Flowserve.
Which institutional investors are selling Flowserve stock?
FLS stock was sold by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, Gamco Investors INC. ET AL, Beutel Goodman & Co Ltd., SPF Beheer BV, State Street Corp, State of Tennessee Treasury Department, Gabelli Funds LLC and Parametric Portfolio Associates LLC. View Insider Buying and Selling for Flowserve.
Which institutional investors are buying Flowserve stock?
FLS stock was acquired by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, EdgePoint Investment Group Inc., First Trust Advisors LP, State of New Jersey Common Pension Fund D, California Public Employees Retirement System, Cerebellum GP LLC, Cerebellum GP LLC and Sciencast Management LP. View Insider Buying and Selling for Flowserve.
How do I buy shares of Flowserve?
Shares of FLS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Flowserve's stock price today?
One share of FLS stock can currently be purchased for approximately $48.16.
How big of a company is Flowserve?
Flowserve has a market capitalization of $6.30 billion and generates $3.83 billion in revenue each year. The industrial products company earns $119.67 million in net income (profit) each year or $1.75 on an earnings per share basis. Flowserve employs 17,000 workers across the globe.View Additional Information About Flowserve.
What is Flowserve's official website?
How can I contact Flowserve?
Flowserve's mailing address is 5215 N. O`CONNOR BLVD. SUITE 2300, IRVING TX, 75039. The industrial products company can be reached via phone at 972-443-6500 or via email at [email protected]
MarketBeat Community Rating for Flowserve (NYSE FLS)
MarketBeat's community ratings are surveys of what our community members think about Flowserve and other stocks. Vote "Outperform" if you believe FLS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FLS will underperform the S&P 500 over the long term. You may vote once every thirty days.
