Flowserve Corporation designs, 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. The IPD segment provides pre-configured industrial pumps and pump systems, such as submersible motors and specialty products; and manufactures replacement parts and related equipment, as well as offers support services. The FCD segment offers industrial valve and automation solutions, including isolation and control valves, actuation, controls, and related equipment. This segment's products are used to control, direct, and manage the flow of liquids and gases. It primarily serves oil and gas, chemical, power generation, and water management markets, as well as general industries, including mining and ore processing, pharmaceuticals, 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 founded in 1912 and is headquartered in Irving, Texas.
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$3.66 billion
Profitability
Miscellaneous
Employees17,000
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 declared a quarterly dividend on Friday, December 21st. Stockholders of record on Friday, January 4th will be given a dividend of $0.19 per share on Friday, January 18th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.78%. The ex-dividend date of this dividend is Thursday, January 3rd. View Flowserve's Dividend History.
How were Flowserve's earnings last quarter?
Flowserve Corp (NYSE:FLS) issued its earnings results on Wednesday, November, 7th. The industrial products company reported $0.49 EPS for the quarter, beating the consensus estimate of $0.42 by $0.07. The industrial products company had revenue of $952.72 million for the quarter, compared to analyst estimates of $925.33 million. Flowserve had a negative net margin of 1.27% and a positive return on equity of 11.66%. The business's revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.37 EPS. View Flowserve's Earnings History.
When is Flowserve's next earnings date?
What guidance has Flowserve issued on next quarter's earnings?
Flowserve issued an update on its FY18 earnings guidance on Wednesday, November, 7th. The company provided EPS guidance of $1.65-1.75 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.70. The company issued revenue guidance of $3.84-3.92 billion, compared to the consensus revenue estimate of $3.90 billion.Flowserve also updated its FY 2018 guidance to $1.65-1.75 EPS.
What price target have analysts set for FLS?
14 brokerages have issued 1-year price targets for Flowserve's stock. Their forecasts range from $42.00 to $58.00. On average, they expect Flowserve's stock price to reach $49.0833 in the next twelve months. This suggests a possible upside of 14.8% from the stock's current price. View Analyst Price Targets for Flowserve.
What is the consensus analysts' recommendation for Flowserve?
14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Flowserve in the last year. There are currently 1 sell rating, 11 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 articles about FLS stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Flowserve earned a coverage optimism score of 0.7 on InfoTrie's scale. They also gave news headlines about the industrial products company a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days.
Who are some of Flowserve's key competitors?
Who are Flowserve's key executives?
Flowserve's management team includes the folowing people:
- Mr. Robert Scott Rowe, CEO, Pres & Director (Age 48)
- Mr. Lee S. Eckert, Sr. VP & CFO (Age 52)
- Mr. John E. Roueche III, VP of Investor Relations & Treasurer (Age 52)
- Mr. Keith E. Gillespie, Chief Sales Officer & Sr. VP (Age 53)
- Mr. Scott E. Sullivan, Chief Ethics & Compliance Officer & VP
Who are Flowserve's major shareholders?
Flowserve's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Moody National Bank Trust Division (0.08%), Caledonia Investments PLC (0.07%), Nisa Investment Advisors LLC (0.06%), McCollum Christoferson Group LLC (0.06%), Dorsey Wright & Associates (0.04%) and Woodstock Corp (0.02%). View Institutional Ownership Trends for Flowserve.
Which major investors are selling Flowserve stock?
FLS stock was sold by a variety of institutional investors in the last quarter, including Caledonia Investments PLC, Louisiana State Employees Retirement System, Nisa Investment Advisors LLC, Gateway Investment Advisers LLC, Moody National Bank Trust Division and Alpha Windward LLC. View Insider Buying and Selling for Flowserve.
Which major investors are buying Flowserve stock?
FLS stock was purchased by a variety of institutional investors in the last quarter, including Dorsey Wright & Associates, QUANTRES ASSET MANAGEMENT Ltd, MinichMacGregor Wealth Management LLC, Virtu Financial LLC, Oakbrook Investments LLC, DNB Asset Management AS, State of Alaska Department of Revenue and McCollum Christoferson Group LLC. 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, Scottrade, Fidelity and Charles Schwab.
What is Flowserve's stock price today?
One share of FLS stock can currently be purchased for approximately $42.77.
How big of a company is Flowserve?
Flowserve has a market capitalization of $5.44 billion and generates $3.66 billion in revenue each year. The industrial products company earns $2.65 million in net income (profit) each year or $1.36 on an earnings per share basis. Flowserve employs 17,000 workers across the globe.
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.
