NYSE:FLSFlowserve Stock Price, Forecast & News

Flowserve's stock was trading at $28.43 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, FLS shares have decreased by 2.2% and is now trading at $27.81. View which stocks have been most impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Flowserve in the last year. There are currently 1 sell rating, 8 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Flowserve.

Flowserve is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Flowserve.

Flowserve Corp (NYSE:FLS) posted its earnings results on Thursday, May, 7th. The industrial products company reported $0.21 EPS for the quarter, missing analysts' consensus estimates of $0.41 by $0.20. The industrial products company earned $894.50 million during the quarter, compared to analyst estimates of $874.95 million. Flowserve had a return on equity of 14.99% and a net margin of 4.96%. The business's revenue was up .5% on a year-over-year basis. During the same period in the prior year, the business posted $0.41 earnings per share. View Flowserve's earnings history.

Flowserve announced a quarterly dividend on Wednesday, May 20th. Stockholders of record on Friday, June 19th will be paid a dividend of $0.20 per share on Monday, July 6th. This represents a $0.80 annualized dividend and a dividend yield of 2.88%. The ex-dividend date is Thursday, June 18th. View Flowserve's dividend history.

11 brokerages have issued 1 year price targets for Flowserve's stock. Their forecasts range from $22.00 to $50.00. On average, they expect Flowserve's share price to reach $29.89 in the next year. This suggests a possible upside of 7.5% from the stock's current price. View analysts' price targets for Flowserve.

Headlines about FLS stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Flowserve earned a media sentiment score of 1.3 on InfoTrie's scale. They also gave news stories about the industrial products company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news about Flowserve.

Flowserve saw a decrease in short interest in the month of June. As of June 30th, there was short interest totaling 3,670,000 shares, a decrease of 18.8% from the June 15th total of 4,520,000 shares. Based on an average daily volume of 1,760,000 shares, the short-interest ratio is currently 2.1 days. Currently, 2.8% of the company's stock are sold short. View Flowserve's Current Options Chain.

Some companies that are related to Flowserve include Illinois Tool Works (ITW), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Xylem (XYL), IDEX (IEX), Ingersoll-Rand (IR), Nordson (NDSN), Graco (GGG), Snap-on (SNA), Pentair (PNR), Donaldson (DCI), Gardner Denver (GDI), Lincoln Electric (LECO) and ITT (ITT). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Flowserve investors own include General Electric (GE), salesforce.com (CRM), Exxon Mobil (XOM), Boeing (BA), Gilead Sciences (GILD), Intel (INTC), Mcdonald's (MCD), QUALCOMM (QCOM), IBM (IBM) and Visa (V).

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

Flowserve's stock is owned by many different institutional and retail investors. Top institutional shareholders include Woodstock Corp (0.03%) and Municipal Employees Retirement System of Michigan (0.02%). Company insiders that own Flowserve stock include John Lenander, Lanesha Minnix, Sanjay Chowbey and Sujeet Chand. View institutional ownership trends for Flowserve.

FLS stock was bought by a variety of institutional investors in the last quarter, including Municipal Employees Retirement System of Michigan, and Woodstock Corp. Company insiders that have bought Flowserve stock in the last two years include Sanjay Chowbey, and Sujeet Chand. View insider buying and selling activity for 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.

One share of FLS stock can currently be purchased for approximately $27.81.

Flowserve has a market capitalization of $3.62 billion and generates $3.94 billion in revenue each year. The industrial products company earns $253.67 million in net income (profit) each year or $2.20 on an earnings per share basis. Flowserve employs 17,000 workers across the globe.

The official website for Flowserve is www.flowserve.com.

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]