About Flowserve (NYSE:FLS)
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
Industry Pumps & pumping equipment
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
SymbolNYSE:FLS
CUSIP34354P10
Phone972-443-6500
Debt
Debt-to-Equity Ratio0.88
Current Ratio2.29
Quick Ratio1.62
Price-To-Earnings
Trailing P/E Ratio30.01
Forward P/E Ratio24.88
P/E Growth1.47
Sales & Book Value
Annual Sales$3.66 billion
Price / Sales1.46
Cash Flow$2.2735 per share
Price / Cash17.95
Book Value$12.79 per share
Price / Book3.19
Profitability
EPS (Most Recent Fiscal Year)$1.36
Net Income$2.65 million
Net Margins-0.03%
Return on Equity10.41%
Return on Assets3.70%
Miscellaneous
Employees17,000
Outstanding Shares130,830,000
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. Stockholders 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 annualized dividend and a dividend yield of 1.86%. 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) released its quarterly earnings data on Thursday, May, 10th. The industrial products company reported $0.27 EPS for the quarter, meeting analysts' consensus estimates of $0.27. The industrial products company had revenue of $919.90 million for the quarter, compared to the consensus estimate of $881.72 million. Flowserve had a negative net margin of 0.03% and a positive return on equity of 10.41%. The business's revenue for the quarter was up 6.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.25 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 Thursday, May, 10th. The company provided EPS guidance of $1.50-$1.70 for the period, compared to the Thomson Reuters consensus estimate of $1.66.
What price target have analysts set for FLS?
16 analysts have issued 1 year price targets for Flowserve's stock. Their predictions range from $37.00 to $50.00. On average, they expect Flowserve's stock price to reach $43.4615 in the next twelve months. 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:
- Ms. Carey A. O'Connor, Chief Legal Officer, Sr. VP and Corp. Sec. (Age 46)
- Mr. Keith E. Gillespie, Chief Sales Officer and Sr. VP (Age 52)
- Mr. Robert Scott Rowe, Chief Exec. Officer, Pres and Director (Age 47)
- Mr. Lee S. Eckert, Sr. VP & CFO (Age 51)
- Mr. John E. Roueche III, VP of Investor Relations & Treasurer (Age 51)
Has Flowserve been receiving favorable news coverage?
Headlines about FLS stock have been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Flowserve earned a news impact score of 0.13 on Accern's scale. They also assigned news coverage about the industrial products company an impact score of 45.77 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.
Who are Flowserve's major shareholders?
Flowserve's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include First Eagle Investment Management LLC (9.93%), BlackRock Inc. (6.37%), Gamco Investors INC. ET AL (2.14%), Caisse DE Depot ET Placement DU Quebec (1.44%), New South Capital Management Inc. (1.25%) and Gabelli Funds LLC (1.23%). Company insiders that own Flowserve stock include Mark A Blinn, Ruby R Chandy, Thomas L Pajonas and William C Rusnack. 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 Caisse DE Depot ET Placement DU Quebec, Robecosam AG, Gamco Investors INC. ET AL, New South Capital Management Inc., Sei Investments Co., Swiss National Bank, SG Americas Securities LLC and BNP Paribas Arbitrage SA. View Insider Buying and Selling for Flowserve.
Which major investors are buying Flowserve stock?
FLS stock was purchased by a variety of institutional investors in the last quarter, including Intrinsic Edge Capital Management LLC, Westfield Capital Management Co. LP, Millennium Management LLC, Dimensional Fund Advisors LP, Employees Retirement System of Texas, Heartland Advisors Inc., Element Capital Management LLC and Centenus Global Management LP. 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 $40.81.
How big of a company is Flowserve?
Flowserve has a market capitalization of $5.34 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 (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.
