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
Stock Exchange NYSE
Industry Pumps & pumping equipment
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
SymbolNYSE:FLS
CUSIP34354P10
Phone972-443-6500
Debt
Debt-to-Equity Ratio0.89
Current Ratio2.25
Quick Ratio1.61
Price-To-Earnings
Trailing P/E Ratio36.69
Forward P/E Ratio30.24
P/E Growth1.83
Sales & Book Value
Annual Sales$3.66 billion
Price / Sales1.78
Cash Flow$2.2641 per share
Price / Cash22.04
Book Value$12.79 per share
Price / Book3.90
Profitability
EPS (Most Recent Fiscal Year)$1.36
Net Income$2.65 million
Net Margins-0.79%
Return on Equity10.52%
Return on Assets3.73%
Miscellaneous
Employees17,000
Outstanding Shares130,850,000
Market Cap$6.56 billion
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 Thursday, May 24th. Shareholders of record on Friday, June 22nd will be paid a dividend of $0.19 per share on Friday, July 6th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.52%. The ex-dividend date of this dividend is Thursday, June 21st. View Flowserve's Dividend History.
How were Flowserve's earnings last quarter?
Flowserve Corp (NYSE:FLS) announced its earnings results on Wednesday, August, 8th. The industrial products company reported $0.41 earnings per share for the quarter, beating analysts' consensus estimates of $0.33 by $0.08. The industrial products company had revenue of $973.13 million for the quarter, compared to analyst estimates of $923.89 million. Flowserve had a negative net margin of 0.79% and a positive return on equity of 10.52%. The business's revenue for the quarter was up 11.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.22 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 FY18 earnings guidance on Wednesday, August, 8th. The company provided earnings per share guidance of $1.50-1.70 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.61. The company issued revenue guidance of $3.77-3.88 billion, compared to the consensus revenue estimate of $3.84 billion.
What price target have analysts set for FLS?
16 analysts have issued 12 month price targets for Flowserve's shares. Their predictions range from $37.00 to $58.00. On average, they expect Flowserve's share price to reach $46.9091 in the next twelve months. This suggests that the stock has a possible downside of 6.0%. View Analyst Price Targets for Flowserve.
What is the consensus analysts' recommendation for Flowserve?
16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Flowserve in the last year. There are currently 1 sell rating, 12 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Flowserve.
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 47)
- Mr. Lee S. Eckert, Sr. VP & CFO (Age 51)
- Mr. John E. Roueche III, VP of Investor Relations & Treasurer (Age 51)
- Mr. Keith E. Gillespie, Chief Sales Officer & Sr. VP (Age 52)
- Mr. Scott E. Sullivan, Chief Ethics & Compliance Officer & VP
Has Flowserve been receiving favorable news coverage?
Headlines about FLS stock have trended somewhat positive recently, according to Accern Sentiment. The research group rates the sentiment of press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Flowserve earned a coverage optimism score of 0.13 on Accern's scale. They also assigned headlines about the industrial products company an impact score of 46.59 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next several days. View Recent Headlines for Flowserve.
Who are Flowserve's major shareholders?
Flowserve's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include EdgePoint Investment Group Inc. (11.11%), FMR LLC (7.14%), BlackRock Inc. (6.33%), Gamco Investors INC. ET AL (2.15%), Bank of America Corp DE (2.11%) and Caisse DE Depot ET Placement DU Quebec (1.42%). Company insiders that own Flowserve stock include Mark A Blinn and Ruby R Chandy. 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 Janus Henderson Group PLC, Hartford Investment Management Co., Aristotle Capital Boston LLC, State of New Jersey Common Pension Fund D, Tocqueville Asset Management L.P., BlackRock Inc., IndexIQ Advisors LLC and Bartlett & Co. LLC. View Insider Buying and Selling for Flowserve.
Which major investors are buying Flowserve stock?
FLS stock was bought by a variety of institutional investors in the last quarter, including Beutel Goodman & Co Ltd., Bank of America Corp DE, Caledonia Investments PLC, EdgePoint Investment Group Inc., Massachusetts Financial Services Co. MA, Brown Advisory Inc., TD Asset Management Inc. and AMP Capital Investors Ltd. 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 $49.90.
How big of a company is Flowserve?
Flowserve has a market capitalization of $6.56 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.
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.
