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

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$46.56 +0.20 (+0.43 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$46.56
Today's Range$46.13 - $46.9650
52-Week Range$35.88 - $56.86
Volume1.38 million shs
Average Volume1.01 million shs
Market Capitalization$6.10 billion
P/E Ratio26.61
Dividend Yield1.64%
Beta1.69
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

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$2.6261 per share
Book Value$12.68 per share

Profitability

Net Income$2.65 million

Miscellaneous

Employees17,000
Market Cap$6.10 billion
Next Earnings Date5/9/2019 (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 declared a quarterly dividend on Friday, December 21st. Shareholders of record on Friday, January 4th will be paid a dividend of $0.19 per share on Friday, January 18th. This represents a $0.76 dividend on an annualized basis and a yield of 1.63%. The ex-dividend date of this dividend is Thursday, January 3rd. View Flowserve's Dividend History.

How were Flowserve's earnings last quarter?

Flowserve Corp (NYSE:FLS) issued its quarterly earnings results on Wednesday, February, 20th. The industrial products company reported $0.58 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.58. The industrial products company earned $986.90 million during the quarter, compared to the consensus estimate of $1.06 billion. Flowserve had a return on equity of 12.33% and a net margin of 3.12%. The company's quarterly revenue was down 4.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.50 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, May 9th 2019. View Earnings Estimates for Flowserve.

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

Flowserve issued an update on its FY19 earnings guidance on Wednesday, February, 20th. The company provided earnings per share (EPS) guidance of $1.95-2.15 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.16. The company issued revenue guidance of +4-6% to approximately $3.99-4.06 billion, compared to the consensus revenue estimate of $4.06 billion.Flowserve also updated its FY 2019 guidance to $1.95-2.15 EPS.

What price target have analysts set for FLS?

14 brokerages have issued 12-month price objectives for Flowserve's shares. Their forecasts range from $42.00 to $58.00. On average, they expect Flowserve's share price to reach $49.0833 in the next twelve months. This suggests a possible upside of 5.4% 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 articles about FLS stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by reviewing more than six thousand news and blog 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 news impact score of 0.8 on InfoTrie's scale. They also gave news articles about the industrial products company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock'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 General Electric (GE), QUALCOMM (QCOM), Gilead Sciences (GILD), Mcdonald's (MCD), Wells Fargo & Co (WFC), Intel (INTC), Starbucks (SBUX), Boeing (BA), Visa (V) and Johnson & Johnson (JNJ).

Who are Flowserve's key executives?

Flowserve's management team includes the folowing people:
  • Mr. Robert Scott Rowe, CEO, Pres & Director (Age 48)
  • Mr. Lee S. Eckert, Sr. VP & CFO (Age 52)
  • Mr. John E. Roueche III, VP of Investor Relations & Treasurer (Age 52)
  • Mr. Keith E. Gillespie, Chief Sales Officer & Sr. VP (Age 53)
  • 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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.52%), Gamco Investors INC. ET AL (2.01%), Geode Capital Management LLC (1.37%), Beutel Goodman & Co Ltd. (1.34%), Gabelli Funds LLC (1.28%) and Bank of America Corp DE (1.19%). 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 Millennium Management LLC, New South Capital Management Inc., Bank of America Corp DE, Golub Group LLC, Public Employees Retirement System of Ohio, Westfield Capital Management Co. LP, Bank of New York Mellon Corp and Davidson Investment Advisors. 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 BlackRock Inc., Canada Pension Plan Investment Board, Gotham Asset Management LLC, D. E. Shaw & Co. Inc., Geode Capital Management LLC, Stevens Capital Management LP, Mackenzie Financial Corp and Robeco Institutional Asset Management B.V.. 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 $46.56.

How big of a company is Flowserve?

Flowserve has a market capitalization of $6.10 billion and generates $3.83 billion in revenue each year. The industrial products company earns $2.65 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:  2.5 out of 5 (star star half star)
Outperform Votes:  464 (Vote Outperform)
Underperform Votes:  448 (Vote Underperform)
Total Votes:  912
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 2/23/2019 by MarketBeat.com Staff

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