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
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 Ratio29.13
Forward P/E Ratio22.76
P/E Growth1.39
Sales & Book Value
Annual Sales$3.66 billion
Price / Sales1.42
Cash Flow$2.1562 per share
Price / Cash Flow18.37
Book Value$12.79 per share
Price / Book3.10
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$5.47 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 declared a quarterly dividend on Wednesday, August 29th. Shareholders 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 annualized dividend and a yield of 1.92%. The ex-dividend date is Thursday, September 20th. View Flowserve's Dividend History.
How were Flowserve's earnings last quarter?
Flowserve Corp (NYSE:FLS) posted its quarterly earnings results on Wednesday, November, 7th. The industrial products company reported $0.49 EPS for the quarter, beating analysts' consensus estimates of $0.42 by $0.07. The industrial products company had revenue of $952.72 million for the quarter, compared to analysts' expectations of $925.33 million. Flowserve had a positive return on equity of 11.66% and a negative net margin of 1.27%. The company's quarterly revenue was up 7.8% compared to the same quarter last year. During the same period last year, the company earned $0.37 EPS. View Flowserve's Earnings History.
When is Flowserve's next earnings date?
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 brokerages have issued 12 month price targets for Flowserve's stock. Their predictions range from $43.00 to $58.00. On average, they expect Flowserve's share price to reach $49.5833 in the next year. This suggests a possible upside of 25.2% 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?
News stories about FLS stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Flowserve earned a news sentiment score of 1.9 on InfoTrie's scale. They also gave headlines 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 company's share price in the immediate future.
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
Who are Flowserve's major shareholders?
Flowserve's stock is owned by many different of retail and institutional investors. Top institutional shareholders 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 purchased 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 $39.61.
How big of a company is Flowserve?
Flowserve has a market capitalization of $5.47 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?
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.
