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

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$48.69 -1.17 (-2.35 %)
(As of 05/23/2019 04:00 PM ET)
Previous Close$49.86
Today's Range$48.06 - $49.10
52-Week Range$35.88 - $56.86
Volume1.24 million shs
Average Volume1.04 million shs
Market Capitalization$6.39 billion
P/E Ratio27.82
Dividend Yield1.52%
Beta1.66
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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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$3.83 billion
Cash Flow$2.5150 per share
Book Value$13.02 per share

Profitability

Net Income$119.67 million

Miscellaneous

Employees17,000
Market Cap$6.39 billion
Next Earnings Date8/14/2019 (Estimated)
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 Thursday, May 23rd. Investors of record on Friday, June 21st will be paid a dividend of $0.19 per share on Friday, July 5th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.56%. View Flowserve's Dividend History.

How were Flowserve's earnings last quarter?

Flowserve Corp (NYSE:FLS) announced its quarterly earnings results on Thursday, May, 2nd. The industrial products company reported $0.41 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.34 by $0.07. The industrial products company earned $890.05 million during the quarter, compared to the consensus estimate of $943.79 million. Flowserve had a net margin of 4.25% and a return on equity of 13.46%. The company's revenue for the quarter was down 3.3% compared to the same quarter last year. During the same period last year, the company earned $0.27 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 Wednesday, August 14th 2019. View Earnings Estimates for Flowserve.

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

Flowserve updated its FY19 earnings guidance on Thursday, May, 2nd. The company provided EPS guidance of $1.95-2.15 for the period, compared to the Thomson Reuters consensus estimate of $2.12.

What price target have analysts set for FLS?

14 Wall Street analysts have issued 12-month price objectives for Flowserve's stock. Their forecasts range from $42.00 to $58.00. On average, they anticipate Flowserve's share price to reach $49.0833 in the next twelve months. This suggests a possible upside of 0.8% 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 headlines about FLS stock have been trending somewhat negative on Thursday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Flowserve earned a news sentiment score of -1.7 on InfoTrie's scale. They also gave news articles about the industrial products company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the next several days.

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).

What other stocks do shareholders of Flowserve own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Flowserve investors own include QUALCOMM (QCOM), General Electric (GE), Intel (INTC), Fluor Co. (NEW) (FLR), Cisco Systems (CSCO), Gilead Sciences (GILD), Starbucks (SBUX), salesforce.com (CRM), Merck & Co., Inc. (MRK) and Visa (V).

Who are Flowserve's key executives?

Flowserve's management team includes the folowing 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)

Who are Flowserve's major shareholders?

Flowserve's stock is owned by many different of retail and institutional investors. Top institutional shareholders include EdgePoint Investment Group Inc. (12.21%), First Eagle Investment Management LLC (9.54%), BlackRock Inc. (6.49%), FMR LLC (5.19%), Gamco Investors INC. ET AL (1.96%) and Pictet Asset Management Ltd. (1.44%). Company insiders that own Flowserve stock include John Lenander 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 Pictet Asset Management Ltd., Janus Henderson Group PLC, FMR LLC, Morgan Stanley, Goldman Sachs Group Inc., Westfield Capital Management Co. LP, First Eagle Investment Management LLC and SG Americas Securities LLC. View Insider Buying and Selling for Flowserve.

Which major investors are buying Flowserve stock?

FLS stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Caisse DE Depot ET Placement DU Quebec, EdgePoint Investment Group Inc., Andra AP fonden, Geode Capital Management LLC, K.J. Harrison & Partners Inc, Man Group plc and Victory Capital Management Inc.. 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 $48.69.

How big of a company is Flowserve?

Flowserve has a market capitalization of $6.39 billion and generates $3.83 billion in revenue each year. The industrial products company earns $119.67 million in net income (profit) each year or $1.75 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:  479 (Vote Outperform)
Underperform Votes:  460 (Vote Underperform)
Total Votes:  939
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 5/23/2019 by MarketBeat.com Staff

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