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 Date11/6/2019 (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. Investors 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 dividend on an annualized basis and a yield of 1.68%. The ex-dividend date of this dividend is Thursday, September 19th. View Flowserve's Dividend History.
How were Flowserve's earnings last quarter?
Flowserve Corp (NYSE:FLS) issued its quarterly earnings data on Wednesday, July, 31st. The industrial products company reported $0.54 earnings per share for the quarter, beating analysts' consensus estimates of $0.51 by $0.03. The industrial products company earned $990.08 million during the quarter, compared to analysts' expectations of $1 billion. Flowserve had a net margin of 5.41% and a return on equity of 15.75%. The business's revenue for the quarter was up 1.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.41 EPS. 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 Wednesday, July, 31st. The company provided earnings per share (EPS) guidance of $2.05-2.20 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.20. The company issued revenue guidance of $3.99-4.02 billion, compared to the consensus revenue estimate of $3.98 billion.
What price target have analysts set for FLS?
10 brokers have issued 12-month price targets for Flowserve's shares. Their forecasts range from $43.00 to $58.00. On average, they anticipate Flowserve's share price to reach $49.75 in the next year. This suggests a possible upside of 9.8% from the stock's current price. View Analyst Price Targets for Flowserve.
What is the consensus analysts' recommendation for Flowserve?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Flowserve in the last year. There are currently 1 sell rating, 7 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?
Headlines about FLS stock have been trending very negative on Thursday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Flowserve earned a news impact score of -3.2 on InfoTrie's scale. They also assigned news articles about the industrial products company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely 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 increase in short interest in September. As of September 30th, there was short interest totalling 5,300,000 shares, an increase of 10.6% from the August 30th total of 4,790,000 shares. Based on an average daily trading volume, of 1,090,000 shares, the short-interest ratio is currently 4.9 days. Approximately 4.1% of the company's stock are sold short. View Flowserve's Current Options Chain.
Who are some of Flowserve's key competitors?
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 a variety of of institutional and retail investors. Top institutional shareholders include Cerebellum GP LLC (0.06%), Cerebellum GP LLC (0.06%), DNB Asset Management AS (0.02%), Neville Rodie & Shaw Inc. (0.02%), State of Alaska Department of Revenue (0.02%) and Ferguson Wellman Capital Management Inc. (0.01%). Company insiders that own Flowserve stock include John Lenander and Ruby R Chandy. View Institutional Ownership Trends for Flowserve.
Which major investors are selling Flowserve stock?
Which major investors are buying Flowserve stock?
FLS stock was purchased by a variety of institutional investors in the last quarter, including Cerebellum GP LLC, Cerebellum GP LLC, Ferguson Wellman Capital Management Inc., Fox Run Management L.L.C., Vista Private Wealth Partners. LLC, DNB Asset Management AS, Sumitomo Mitsui DS Asset Management Company Ltd and Pacer Advisors Inc.. 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 $45.33.
How big of a company is Flowserve?
Flowserve has a market capitalization of $5.95 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.
