NYSE:FLS - Flowserve Stock Price, News, & Analysis

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$43.47 -1.51 (-3.36 %)
(As of 12/14/2018 02:31 AM ET)
Previous Close$44.98
Today's Range$42.80 - $45.07
52-Week Range$38.79 - $56.86
Volume2.24 million shs
Average Volume1.32 million shs
Market Capitalization$5.85 billion
P/E Ratio31.96
Dividend Yield1.70%
Beta1.56
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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Pumps & pumping equipment
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
Current SymbolNYSE:FLS
Previous Symbol
CUSIP34354P10
Phone972-443-6500

Debt

Debt-to-Equity Ratio0.88
Current Ratio2.24
Quick Ratio1.60

Price-To-Earnings

Trailing P/E Ratio31.96
Forward P/E Ratio24.98
P/E Growth1.49

Sales & Book Value

Annual Sales$3.66 billion
Price / Sales1.55
Cash Flow$2.2111 per share
Price / Cash Flow19.66
Book Value$12.79 per share
Price / Book3.40

Profitability

EPS (Most Recent Fiscal Year)$1.36
Net Income$2.65 million
Net Margins-1.27%
Return on Equity11.66%
Return on Assets4.09%

Miscellaneous

Employees17,000
Outstanding Shares130,860,000
Market Cap$5.85 billion
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 29th. Stockholders of record on Friday, September 21st will be given a dividend of $0.19 per share on Friday, October 5th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.75%. The ex-dividend date of this dividend is Thursday, September 20th. View Flowserve's Dividend History.

How were Flowserve's earnings last quarter?

Flowserve Corp (NYSE:FLS) announced its earnings results on Wednesday, November, 7th. The industrial products company reported $0.49 earnings per share (EPS) for the quarter, beating the Zacks' 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 positive return on equity of 11.66% and a negative net margin of 1.27%. The business's revenue was up 7.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.37 earnings per share. View Flowserve's Earnings History.

When is Flowserve's next earnings date?

Flowserve is scheduled to release their next quarterly earnings announcement on Thursday, February 21st 2019. View Earnings Estimates for Flowserve.

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 earnings per share 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 analysts have issued 12-month price objectives for Flowserve's shares. Their forecasts range from $44.00 to $58.00. On average, they anticipate Flowserve's stock price to reach $50.25 in the next twelve months. This suggests a possible upside of 15.6% 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?

Media stories about FLS stock have trended positive on Friday, according to InfoTrie Sentiment. The research group ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Flowserve earned a coverage optimism score of 2.6 on InfoTrie's scale. They also assigned press coverage about the industrial products company a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future.

Who are some of Flowserve's key competitors?

Some companies that are related to Flowserve include Xylem (XYL), IDEX (IEX), Graco (GGG), ITT (ITT), Colfax (CFX), Gorman-Rupp (GRC) and Ampco-Pittsburgh (AP).

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

Who are Flowserve's major shareholders?

Flowserve's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc (10.36%), First Eagle Investment Management LLC (9.84%), BlackRock Inc. (6.34%), FMR LLC (6.27%), Pictet Asset Management Ltd. (2.38%) and Gamco Investors INC. ET AL (2.07%). View Institutional Ownership Trends for Flowserve.

Which institutional investors are selling Flowserve stock?

FLS stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Caledonia Investments PLC, New South Capital Management Inc., Mitsubishi UFJ Trust & Banking Corp, Gamco Investors INC. ET AL, Pictet Asset Management Ltd., FIL Ltd and First Eagle Investment Management LLC. View Insider Buying and Selling for Flowserve.

Which institutional investors are buying Flowserve stock?

FLS stock was bought by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, 1060 Capital LLC, Morgan Stanley, Federated Investors Inc. PA, Scopus Asset Management L.P., Vanguard Group Inc, JPMorgan Chase & Co. and JPMorgan Chase & Co.. 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 $43.47.

How big of a company is Flowserve?

Flowserve has a market capitalization of $5.85 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?

The official website for Flowserve is http://www.flowserve.com.

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)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  456 (Vote Outperform)
Underperform Votes:  438 (Vote Underperform)
Total Votes:  894
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.
This page was last updated on 12/14/2018 by MarketBeat.com Staff

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