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S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
NYSE:FLS

Flowserve Stock Forecast, Price & News

$29.23
+1.31 (+4.69%)
(As of 06/24/2022 12:00 AM ET)
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Today's Range
$28.20
$29.28
50-Day Range
$27.79
$37.08
52-Week Range
$27.50
$43.63
Volume
973,107 shs
Average Volume
965,307 shs
Market Capitalization
$3.82 billion
P/E Ratio
39.50
Dividend Yield
2.87%
Price Target
$39.13
30 days | 90 days | 365 days | Advanced Chart

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FLS Stock Forecast (MarketRank)

Overall MarketRank

2.72 out of 5 stars

Industrial Products Sector

62nd out of 255 stocks

Pumps & Pumping Equipment Industry

4th out of 8 stocks

Analyst Opinion: 3.4Community Rank: 4.4Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
Flowserve logo

About Flowserve (NYSE:FLS)

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.

FLS Stock News Headlines

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Industry, Sector and Symbol

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

Company Calendar

Ex-Dividend for 4/8 Dividend
3/24/2022
Dividend Payable
4/08/2022
Last Earnings
5/02/2022
Ex-Dividend for 7/8 Dividend
6/23/2022
Today
6/25/2022
Dividend Payable
7/08/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$39.13
High Stock Price Forecast
$48.00
Low Stock Price Forecast
$33.00
Forecasted Upside/Downside
+33.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71428571428571
Research Coverage
7 Analysts

Profitability

Net Income
$125.95 million
Pretax Margin
2.91%

Debt

Sales & Book Value

Annual Sales
$3.54 billion
Cash Flow
$2.26 per share
Book Value
$14.10 per share

Miscellaneous

Free Float
129,809,000
Market Cap
$3.82 billion
Optionable
Optionable
Beta
1.58














Flowserve 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 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" Flowserve stock.
View analyst ratings for Flowserve
or view top-rated stocks.

What is Flowserve's stock price forecast for 2022?

7 brokerages have issued 12 month target prices for Flowserve's stock. Their FLS stock forecasts range from $33.00 to $48.00. On average, they expect Flowserve's stock price to reach $39.13 in the next year. This suggests a possible upside of 33.9% from the stock's current price.
View analysts' price targets for Flowserve
or view top-rated stocks among Wall Street analysts.

How has Flowserve's stock performed in 2022?

Flowserve's stock was trading at $30.60 on January 1st, 2022. Since then, FLS shares have decreased by 4.5% and is now trading at $29.23.
View the best growth stocks for 2022 here
.

Are investors shorting Flowserve?

Flowserve saw a increase in short interest in May. As of May 15th, there was short interest totaling 3,540,000 shares, an increase of 31.6% from the April 30th total of 2,690,000 shares. Based on an average trading volume of 1,520,000 shares, the days-to-cover ratio is currently 2.3 days. Currently, 2.7% of the company's stock are short sold.
View Flowserve's Short Interest
.

When is Flowserve's next earnings date?

Flowserve is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for Flowserve
.

How were Flowserve's earnings last quarter?

Flowserve Co. (NYSE:FLS) posted its earnings results on Monday, May, 2nd. The industrial products company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by $0.14. The industrial products company earned $821.06 million during the quarter, compared to analysts' expectations of $859.39 million. Flowserve had a net margin of 2.74% and a trailing twelve-month return on equity of 8.57%. During the same period last year, the business posted $0.28 EPS.
View Flowserve's earnings history
.

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

Flowserve announced a quarterly dividend on Thursday, May 12th. Shareholders 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 annualized dividend and a yield of 2.74%. The ex-dividend date is Thursday, June 23rd.
View Flowserve's dividend history
.

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 2.87%. The dividend payout ratio of Flowserve is 108.11%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Flowserve will have a dividend payout ratio of 38.28% next year. This indicates that Flowserve will be able to sustain or increase its dividend.
View Flowserve's dividend history.

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

Flowserve updated its FY 2022 earnings guidance on Monday, May, 9th. The company provided EPS guidance of $1.50-$1.70 for the period, compared to the consensus EPS estimate of $1.77. The company issued revenue guidance of $3.72 billion-$3.79 billion, compared to the consensus revenue estimate of $3.80 billion.

Who are Flowserve's key executives?

Flowserve's management team includes the following people:
  • Mr. Robert Scott Rowe, Pres, CEO & Director (Age 51, Pay $2.17M)
  • Ms. Amy B. Schwetz, Sr. VP & CFO (Age 47, Pay $1.07M)
  • Mr. Keith E. Gillespie, Sr. VP & Chief Sales Officer (Age 56, Pay $926.01k)
  • Ms. Elizabeth L. Burger, Sr. VP & Chief HR Officer (Age 51, Pay $743.98k)
  • Ms. Tamara M. Morytko, Pres of the Flowserve Pumps Division (Age 51, Pay $1.95M)
  • Mr. Scott K. Vopni, VP & Chief Accounting Officer (Age 54)
  • Ms. Tauseef Salma, VP of Marketing & Technology
  • Mr. John E. Roueche III, VP of Investor Relations & Treasurer (Age 55)
  • Ms. Lanesha T. Minnix, Sr. VP, Chief Legal Officer & Corp. Sec. (Age 47)
  • Mr. Lars E. Rosene, VP of Corp. Communications & Public Affairs (Age 54)

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

147 employees have rated Flowserve CEO Scott Rowe on Glassdoor.com. Scott Rowe has an approval rating of 83% among Flowserve'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 (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 institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.50%), BlackRock Inc. (8.26%), First Eagle Investment Management LLC (8.25%), Beutel Goodman & Co Ltd. (4.83%), Nordea Investment Management AB (3.92%) and Wellington Management Group LLP (3.49%). Company insiders that own Flowserve stock include Kirk Wilson, Lanesha Minnix, Sanjay Chowbey and Sujeet Chand.
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 Invesco Ltd., Caisse DE Depot ET Placement DU Quebec, Turtle Creek Asset Management Inc., Goldman Sachs Group Inc., First Trust Advisors LP, BNP Paribas Arbitrage SA, Jane Street Group LLC, and Simplex Trading LLC.
View insider buying and selling activity for Flowserve
or view top insider-selling stocks.

Which major investors are buying Flowserve stock?

FLS stock was purchased by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, Wellington Management Group LLP, Massachusetts Financial Services Co. MA, ANTIPODES PARTNERS Ltd, Alyeska Investment Group L.P., JPMorgan Chase & Co., Great West Life Assurance Co. Can, and Bank of New York Mellon Corp.
View insider buying and selling activity for Flowserve
or or view top insider-buying stocks.

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 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 $29.23.

How much money does Flowserve make?

Flowserve (NYSE:FLS) has a market capitalization of $3.82 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 $0.74 on an earnings per share basis.

How many employees does Flowserve have?

Flowserve 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 Flowserve is www.flowserve.com. The industrial products company can be reached via phone at (972) 443-6500, via email at [email protected], or via fax at 972-443-6800.

This page (NYSE:FLS) was last updated on 6/25/2022 by MarketBeat.com Staff

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