NYSE:FLS Flowserve - FLS Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Flowserve Co. Please log in to your account or sign up in order to add this asset to your watchlist. $33.39 +0.09 (+0.27%) (As of 01/27/2023 12:00 AM ET) Add Compare Share Share Today's Range$33.04▼$33.5150-Day Range$29.10▼$33.8752-Week Range$23.89▼$37.59Volume1.08 million shsAverage Volume650,689 shsMarket Capitalization$4.36 billionP/E Ratio52.17Dividend Yield2.40%Price Target$31.63 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Flowserve MarketRank™ ForecastAnalyst RatingHold2.25 Rating ScoreUpside/Downside5.3% Downside$31.63 Price TargetShort InterestBearish3.26% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.60Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth85.71%From $0.91 to $1.69 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.14 out of 5 starsIndustrial Products Sector73rd out of 186 stocksPumps & Pumping Equipment Industry5th out of 7 stocks 2.1 Analyst's Opinion Consensus RatingFlowserve has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 3 buy ratings, 4 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $31.63, Flowserve has a forecasted downside of 5.3% from its current price of $33.39.Amount of Analyst CoverageFlowserve has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.26% of the float of Flowserve has been sold short.Short Interest Ratio / Days to CoverFlowserve has a short interest ratio ("days to cover") of 4.7.Change versus previous monthShort interest in Flowserve has recently increased by 2.16%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend YieldFlowserve pays a meaningful dividend of 2.40%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthFlowserve does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Flowserve is 125.00%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Flowserve will have a dividend payout ratio of 47.34% next year. This indicates that Flowserve will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for FLS. Previous Next 2.6 News and Social Media Coverage News SentimentFlowserve has a news sentiment score of 0.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Flowserve this week, compared to 4 articles on an average week.Search Interest3 people have searched for FLS on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Flowserve insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.64% of the stock of Flowserve is held by insiders.Percentage Held by Institutions99.88% of the stock of Flowserve is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Flowserve are expected to grow by 85.71% in the coming year, from $0.91 to $1.69 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Flowserve is 52.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.62.Price to Earnings Ratio vs. SectorThe P/E ratio of Flowserve is 52.17, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 16.11.Price to Earnings Growth RatioFlowserve has a PEG Ratio of 1.50. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioFlowserve has a P/B Ratio of 2.37. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Flowserve (NYSE:FLS) StockFlowserve Corp. engages in the manufacture and provision of aftermarket service for comprehensive flow control systems. It operates through the following segments: Flowserve Pumps Division and Flow Control Division. The Flowserve Pumps Division segment provides pumps, pre-configured industrial pumps, pump systems, mechanical seals, auxiliary systems and replacement parts and related services. The Flow Control Division segment involves engineered and industrial valves, control valves, actuators and controls and related services. The company was founded in 1790 and is headquartered in Irving, TX.Read More Receive FLS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Flowserve and its competitors with MarketBeat's FREE daily newsletter. Email Address FLS Stock News HeadlinesJanuary 28, 2023 | americanbankingnews.comFlowserve Co. (NYSE:FLS) Receives $31.63 Consensus PT from AnalystsJanuary 27, 2023 | americanbankingnews.comBrokers Set Expectations for Flowserve Co.'s FY2022 Earnings (NYSE:FLS)January 28, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.January 23, 2023 | americanbankingnews.comFlowserve (NYSE:FLS) Given New $38.00 Price Target at Stifel NicolausJanuary 21, 2023 | markets.businessinsider.comRBC Capital Keeps Their Hold Rating on Flowserve (FLS)January 20, 2023 | finance.yahoo.comHere's Why You Should Hold On to Flowserve (FLS) Stock NowJanuary 10, 2023 | finance.yahoo.comFlowserve to Support the Development of Aramco’s Landmark Jafurah ProjectJanuary 9, 2023 | finance.yahoo.comShould You Think About Buying Flowserve Corporation (NYSE:FLS) Now?January 28, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…December 19, 2022 | finance.yahoo.comHere's Why You Should Avoid Flowserve (FLS) Stock for NowDecember 9, 2022 | finance.yahoo.comShould Weakness in Flowserve Corporation's (NYSE:FLS) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?November 30, 2022 | finance.yahoo.comFlowserve (FLS) Up 10.7% Since Last Earnings Report: Can It Continue?November 21, 2022 | finance.yahoo.comCalculating The Intrinsic Value Of Flowserve Corporation (NYSE:FLS)November 1, 2022 | finance.yahoo.comFlowserve Corporation Reports Third Quarter 2022 Results; Issues Fourth Quarter 2022 Financial GuidanceNovember 1, 2022 | finance.yahoo.comFlowserve (FLS) Q3 Earnings and Revenues Miss EstimatesOctober 20, 2022 | nasdaq.comFlowserve (NYSE:FLS) Takes On Some Risk With Its Use Of Debt - NasdaqOctober 20, 2022 | bizjournals.comFlowserve to provide turbine pumps to West Kauai Energy Project - The Business JournalsOctober 19, 2022 | finance.yahoo.comFlowserve Announces Dates for Third Quarter 2022 Financial Results - Yahoo FinanceOctober 19, 2022 | finance.yahoo.comFlowserve Announces Dates for Third Quarter 2022 Financial ResultsOctober 13, 2022 | finance.yahoo.comReasons Why You Should Avoid Investing in Flowserve (FLS) - Yahoo FinanceOctober 12, 2022 | nasdaq.comReasons Why You Should Avoid Investing in Flowserve (FLS) - NasdaqOctober 12, 2022 | finance.yahoo.comReasons Why You Should Avoid Investing in Flowserve (FLS)October 10, 2022 | businesswire.comFlowserve Pumps to Enable Hawaii on Its Journey to 100% Renewable Energy By 2045 - Business WireOctober 10, 2022 | finance.yahoo.comBe Wary Of Flowserve (NYSE:FLS) And Its Returns On CapitalOctober 10, 2022 | finance.yahoo.comFlowserve Pumps to Enable Hawaii on Its Journey to 100% Renewable Energy By 2045October 7, 2022 | globenewswire.comSeals Market is Projected to Reach US$ 84.7 Billion in 2027 - GlobeNewswireOctober 7, 2022 | finance.yahoo.comFlowserve Advances Its Desalination Offerings With Launch of New Flowserve FLEX™ Isobaric Energy Recovery Device - Yahoo FinanceSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive FLS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Flowserve and its competitors with MarketBeat's FREE daily newsletter. Email Address FLS Company Calendar Last Earnings10/31/2022Ex-Dividend for 1/13 Dividend12/29/2022Dividend Payable1/13/2023Today1/28/2023Next Earnings (Estimated)2/22/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Pumps & pumping equipment Sub-IndustryIndustrial Machinery SectorIndustrial Products Current SymbolNYSE:FLS CUSIP34354P10 CIK30625 Webwww.flowserve.com Phone(972) 443-6500Fax972-443-6800Employees16,000Year FoundedN/APrice Target and Rating Average Stock Price Forecast$31.63 High Stock Price Forecast$38.00 Low Stock Price Forecast$23.00 Forecasted Upside/Downside-5.3%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$0.64 Trailing P/E Ratio52.17 Forward P/E Ratio36.69 P/E Growth1.5Net Income$125.95 million Net Margins2.41% Pretax Margin3.16% Return on Equity6.80% Return on Assets2.59% Debt Debt-to-Equity Ratio0.73 Current Ratio2.04 Quick Ratio1.32 Sales & Book Value Annual Sales$3.54 billion Price / Sales1.23 Cash Flow$2.16 per share Price / Cash Flow15.44 Book Value$14.10 per share Price / Book2.37Miscellaneous Outstanding Shares130,700,000Free Float129,860,000Market Cap$4.36 billion OptionableOptionable Beta1.61 Key ExecutivesRobert Scott RowePresident, Chief Executive Officer & DirectorAmy B. SchwetzChief Financial Officer & Senior Vice PresidentTauseef SalmaVice President-Marketing & TechnologyKeith E. GillespieChief Sales Officer & Senior Vice PresidentElizabeth L. BurgerChief Human Resources Officer & Senior VPKey CompetitorsGracoNYSE:GGGIDEXNYSE:IEXClear SecureNYSE:YOUKnowBe4NASDAQ:KNBEMSC Industrial DirectNYSE:MSMView All CompetitorsInsiders & InstitutionsMonarch Capital Management Inc.Sold 7,320 shares on 1/26/2023Ownership: 0.045%Comerica BankSold 1,141 shares on 1/26/2023Ownership: 0.045%Strs OhioSold 604 shares on 1/26/2023Ownership: 0.044%Oregon Public Employees Retirement FundBought 387 shares on 1/26/2023Ownership: 0.029%Xponance Inc.Bought 1,878 shares on 1/24/2023Ownership: 0.013%View All Institutional Transactions FLS Stock - Frequently Asked Questions Should I buy or sell Flowserve stock right now? 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Flowserve in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" FLS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FLS, but not buy additional shares or sell existing shares. View FLS analyst ratings or view top-rated stocks. What is Flowserve's stock price forecast for 2023? 8 brokerages have issued 12-month price objectives for Flowserve's shares. Their FLS share price forecasts range from $23.00 to $38.00. On average, they anticipate the company's stock price to reach $31.63 in the next twelve months. This suggests that the stock has a possible downside of 5.3%. View analysts price targets for FLS or view top-rated stocks among Wall Street analysts. How have FLS shares performed in 2023? Flowserve's stock was trading at $30.68 at the beginning of 2023. Since then, FLS stock has increased by 8.8% and is now trading at $33.39. View the best growth stocks for 2023 here. Are investors shorting Flowserve? Flowserve saw a increase in short interest during the month of December. As of December 30th, there was short interest totaling 4,160,000 shares, an increase of 19.9% from the December 15th total of 3,470,000 shares. Based on an average daily trading volume, of 953,400 shares, the short-interest ratio is currently 4.4 days. Currently, 3.2% of the shares of the company are short sold. View Flowserve's Short Interest. When is Flowserve's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023. View our FLS earnings forecast. How were Flowserve's earnings last quarter? Flowserve Co. (NYSE:FLS) announced its quarterly earnings data on Monday, October, 31st. The industrial products company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by $0.15. The industrial products company earned $872.88 million during the quarter, compared to analysts' expectations of $868.17 million. Flowserve had a net margin of 2.41% and a trailing twelve-month return on equity of 6.80%. The firm's revenue was up .8% compared to the same quarter last year. During the same period last year, the company earned $0.29 EPS. How often does Flowserve pay dividends? What is the dividend yield for Flowserve? Flowserve announced a quarterly dividend on Monday, December 12th. Stockholders of record on Friday, December 30th will be given a dividend of $0.20 per share on Friday, January 13th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.40%. The ex-dividend date of this dividend is Thursday, December 29th. Read our dividend analysis for FLS. 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 2.40%. The dividend payout ratio is 125.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, FLS will have a dividend payout ratio of 47.34% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for FLS. What guidance has Flowserve issued on next quarter's earnings? Flowserve updated its fourth quarter 2022 earnings guidance on Monday, November, 7th. The company provided earnings per share guidance of $0.40- for the period, compared to the consensus earnings per share estimate of $0.64. The company issued revenue guidance of $993.01M-$1.01 billion, compared to the consensus revenue estimate of $1.04 billion. What is Scott Rowe's approval rating as Flowserve's CEO? 147 employees have rated Flowserve Chief Executive Officer Scott Rowe on Glassdoor.com. Scott Rowe has an approval rating of 83% among the company'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 & Company (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 variety of institutional and retail investors. Top institutional shareholders include Woodstock Corp (0.05%), Monarch Capital Management Inc. (0.05%), Comerica Bank (0.04%), Strs Ohio (0.04%), Oregon Public Employees Retirement Fund (0.03%) and Xponance Inc. (0.01%). Insiders that own company stock include Kirk Wilson, Sanjay Chowbey and Sujeet Chand. View institutional ownership trends. How do I buy shares of Flowserve? Shares of FLS stock 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 $33.39. How much money does Flowserve make? Flowserve (NYSE:FLS) has a market capitalization of $4.36 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 $0.64 on an earnings per share basis. How many employees does Flowserve have? The company 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 the company is www.flowserve.com. The industrial products company can be reached via phone at (972) 443-6500, via email at mmullin@flowserve.com, or via fax at 972-443-6800. This page (NYSE:FLS) was last updated on 1/28/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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