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NYSE:FLSFlowserve Stock Price, Forecast & News

$23.76
-0.34 (-1.41 %)
(As of 04/5/2020 04:00 PM ET)
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Today's Range
$23.39
Now: $23.76
$24.98
50-Day Range
$19.24
MA: $33.61
$48.26
52-Week Range
$18.98
Now: $23.76
$54.16
Volume2.15 million shs
Average Volume2.31 million shs
Market Capitalization$3.11 billion
P/E Ratio12.31
Dividend Yield3.32%
Beta1.9
Flowserve Corporation designs, develops, 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 engineered and pre-configured industrial pumps and pump systems; and aftermarket services, including product installation and commissioning services, seal systems spare parts, repairs, re-rate and upgrade solutions, and advanced diagnostics and maintenance solutions. 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 and pharmaceuticals, power generation, and water management markets, as well as general industries, including mining and ore processing, 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 incorporated in 1912 and is headquartered in Irving, Texas.
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Beat the Market (BTM) Rank

Analyst Opinion: 4.0Community Rank: 2.6Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

3.04 out of 5 stars


Industry, Sector and Symbol

Industry Pumps & pumping equipment
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
CUSIP34354P10
Phone972-443-6500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.94 billion
Cash Flow$2.97 per share
Book Value$13.88 per share

Profitability

Net Income$253.67 million

Miscellaneous

Employees17,000
Market Cap$3.11 billion
Next Earnings Date5/7/2020 (Estimated)
OptionableOptionable

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Flowserve (NYSE:FLS) Frequently Asked Questions

How has Flowserve's stock been impacted by COVID-19 (Coronavirus)?

Flowserve's stock was trading at $28.43 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, FLS stock has decreased by 16.4% and is now trading at $23.76. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Flowserve?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Flowserve in the last year. There are currently 2 sell ratings, 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Flowserve.

When is Flowserve's next earnings date?

Flowserve is scheduled to release its next quarterly earnings announcement on Thursday, May 7th 2020. View our earnings forecast for Flowserve.

How were Flowserve's earnings last quarter?

Flowserve Corp (NYSE:FLS) announced its quarterly earnings data on Monday, February, 17th. The industrial products company reported $0.66 EPS for the quarter, beating analysts' consensus estimates of $0.65 by $0.01. The industrial products company earned $1.07 billion during the quarter, compared to analysts' expectations of $1.05 billion. Flowserve had a net margin of 6.43% and a return on equity of 16.44%. During the same period last year, the company posted $0.58 earnings per share. View Flowserve's earnings history.

How often does Flowserve pay dividends? What is the dividend yield for Flowserve?

Flowserve announced a quarterly dividend on Monday, February 24th. Investors of record on Friday, March 27th will be paid a dividend of $0.20 per share on Thursday, April 9th. This represents a $0.80 dividend on an annualized basis and a yield of 3.37%. The ex-dividend date of this dividend is Thursday, March 26th. This is an increase from Flowserve's previous quarterly dividend of $0.19. View Flowserve's dividend history.

What guidance has Flowserve issued on next quarter's earnings?

Flowserve updated its FY20 earnings guidance on Tuesday, February, 18th. The company provided earnings per share (EPS) guidance of $2.30-2.45 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.46. The company issued revenue guidance of +3-5% yr/yr to $4.06-4.14 billion, compared to the consensus revenue estimate of $4.09 billion.

What price target have analysts set for FLS?

7 brokerages have issued 12 month price objectives for Flowserve's shares. Their forecasts range from $25.00 to $52.00. On average, they expect Flowserve's share price to reach $41.29 in the next year. This suggests a possible upside of 73.8% from the stock's current price. View analysts' price targets for Flowserve.

Has Flowserve been receiving favorable news coverage?

News coverage about FLS stock has trended very negative on Sunday, InfoTrie reports. The research group scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Flowserve earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave media headlines about the industrial products company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutFlowserve.

Are investors shorting Flowserve?

Flowserve saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 4,245,700 shares, an increase of 5.9% from the February 27th total of 4,010,000 shares. Based on an average trading volume of 854,200 shares, the short-interest ratio is currently 5.0 days. Approximately 3.3% of the company's shares are short sold. View Flowserve's Current Options Chain.

Who are some of Flowserve's key competitors?

What other stocks do shareholders of Flowserve own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Flowserve investors own include Boeing (BA), Exxon Mobil (XOM), Gilead Sciences (GILD), General Electric (GE), Mcdonald's (MCD), salesforce.com (CRM), IBM (IBM), UnitedHealth Group (UNH), Wells Fargo & Co (WFC) and Intel (INTC).

Who are Flowserve's key executives?

Flowserve's management team includes the following people:
  • Mr. Robert Scott Rowe, Pres, CEO & Director (Age 48)
  • Mr. Lee S. Eckert, Sr. VP & CFO (Age 52)
  • Mr. Keith E. Gillespie, Sr. VP & Chief Sales Officer (Age 53)
  • Ms. Elizabeth L. Burger, Sr. VP & Chief HR Officer (Age 48)
  • Mr. David J. Wilson, Pres of Pumps Division (Age 50)

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 number of retail and institutional investors. Top institutional investors include Woodstock Corp (0.03%) and Neville Rodie & Shaw Inc. (0.02%). Company insiders that own Flowserve stock include John Lenander, Lanesha Minnix, Sanjay Chowbey and Sujeet Chand. 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 Neville Rodie & Shaw Inc., and Woodstock Corp. Company insiders that have sold Flowserve company stock in the last year include John Lenander, and Lanesha Minnix. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Flowserve's stock price today?

One share of FLS stock can currently be purchased for approximately $23.76.

How big of a company is Flowserve?

Flowserve has a market capitalization of $3.11 billion and generates $3.94 billion in revenue each year. The industrial products company earns $253.67 million in net income (profit) each year or $2.20 on an earnings per share basis. Flowserve employs 17,000 workers across the globe. View additional information about Flowserve.

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]

This page was last updated on 4/5/2020 by MarketBeat.com Staff

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