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S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
THE BEST BLACK FRIDAY DEAL YET (Ad)
Sober or bright? Europe faces holidays during energy crunch
Biden eases Venezuela sanctions as opposition talks resume
THE BEST BLACK FRIDAY DEAL YET (Ad)
Whole Foods decision to pull lobster divides enviros, pols
Airbnb has a plan to fix cleaning fees
See how to make money instead of spending it on Black Friday with this offer (Ad)
Railway workers in Austria to strike Monday in pay standoff
Saudi viewers angry over apparent ban on World Cup streaming
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
THE BEST BLACK FRIDAY DEAL YET (Ad)
Sober or bright? Europe faces holidays during energy crunch
Biden eases Venezuela sanctions as opposition talks resume
THE BEST BLACK FRIDAY DEAL YET (Ad)
Whole Foods decision to pull lobster divides enviros, pols
Airbnb has a plan to fix cleaning fees
See how to make money instead of spending it on Black Friday with this offer (Ad)
Railway workers in Austria to strike Monday in pay standoff
Saudi viewers angry over apparent ban on World Cup streaming
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
THE BEST BLACK FRIDAY DEAL YET (Ad)
Sober or bright? Europe faces holidays during energy crunch
Biden eases Venezuela sanctions as opposition talks resume
THE BEST BLACK FRIDAY DEAL YET (Ad)
Whole Foods decision to pull lobster divides enviros, pols
Airbnb has a plan to fix cleaning fees
See how to make money instead of spending it on Black Friday with this offer (Ad)
Railway workers in Austria to strike Monday in pay standoff
Saudi viewers angry over apparent ban on World Cup streaming
NYSE:FLS

Flowserve - FLS Stock Forecast, Price & News

$31.71
+0.09 (+0.28%)
(As of 11/25/2022 04:00 PM ET)
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Compare
Today's Range
$31.62
$31.92
50-Day Range
$24.30
$33.11
52-Week Range
$23.89
$37.59
Volume
238,232 shs
Average Volume
1.22 million shs
Market Capitalization
$4.14 billion
P/E Ratio
49.55
Dividend Yield
2.52%
Price Target
$30.00

Flowserve MarketRank™ Forecast

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
5.4% Downside
$30.00 Price Target
Short Interest
Healthy
3.19% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
87.91%
From $0.91 to $1.71 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.51 out of 5 stars

Industrial Products Sector

28th out of 183 stocks

Pumps & Pumping Equipment Industry

2nd out of 8 stocks

FLS stock logo

About Flowserve (NYSE:FLS) Stock

Flowserve Corporation designs, develops, manufactures, distributes, and services industrial flow management equipment in the United States, Europe, the Middle East, Africa, Asia, and internationally. It operates in two segments, Flowserve Pump Division (FPD) and Flow Control Division (FCD). The FPD segment offers custom and pre-configured pumps and pump systems, mechanical seals, auxiliary systems, replacement parts, upgrades, and related aftermarket services, including installation and commissioning services, seal systems spare parts, repairs, advanced diagnostics, re-rate and upgrade solutions, retrofit programs, and machining and asset management solutions, as well as manufactures a gas-lubricated mechanical seal for use in high-speed compressors for gas pipelines. The FCD segment provides engineered and industrial valve and automation solutions, including isolation and control valves, actuation, controls, and related equipment, as well as equipment maintenance services for flow control systems, including advanced diagnostics, repair, installation, commissioning, retrofit programs, and field machining capabilities. This segment's products are used to control, direct, and manage the flow of liquids, gases, and fluids. The company 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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FLS Stock News Headlines

Flowserve (FLS) Q3 Earnings and Revenues Miss Estimates
Reasons Why You Should Avoid Investing in Flowserve (FLS)
See More Headlines
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FLS Company Calendar

Ex-Dividend for 10/14 Dividend
9/29/2022
Dividend Payable
10/14/2022
Last Earnings
10/31/2022
Today
11/27/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/22/2023

Industry, Sector and Symbol

Industry
Pumps & pumping equipment
Sub-Industry
Industrial Machinery
CUSIP
34354P10
Employees
16,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$30.00
High Stock Price Forecast
$35.00
Low Stock Price Forecast
$23.00
Forecasted Upside/Downside
-5.4%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
8 Analysts

Profitability

Net Income
$125.95 million
Pretax Margin
3.16%

Debt

Sales & Book Value

Annual Sales
$3.54 billion
Cash Flow
$2.16 per share
Book Value
$12.94 per share

Miscellaneous

Free Float
129,860,000
Market Cap
$4.14 billion
Optionable
Optionable
Beta
1.63

Key Executives

  • Mr. Robert Scott Rowe (Age 51)
    Pres, CEO & Director
    Comp: $2.17M
  • Ms. Amy B. Schwetz (Age 47)
    Sr. VP & CFO
    Comp: $1.07M
  • Mr. Keith E. Gillespie (Age 56)
    Sr. VP & Chief Sales Officer
    Comp: $926.01k
  • Ms. Elizabeth L. Burger (Age 51)
    Sr. VP & Chief HR Officer
    Comp: $743.98k
  • Ms. Tamara M. Morytko (Age 51)
    Pres of the Flowserve Pumps Division
    Comp: $1.95M
  • Mr. Scott K. Vopni (Age 54)
    VP & Chief Accounting Officer
  • Ms. Tauseef Salma
    VP of Marketing & Technology
  • Mr. John E. Roueche III (Age 55)
    VP of Investor Relations & Treasurer
  • Ms. Susan Claire Hudson
    Sr. VP, Chief Legal Officer & Corp. Sec.
  • Mr. Lars E. Rosene (Age 54)
    VP of Corp. Communications & Public Affairs













FLS Stock - Frequently Asked Questions

Should I buy or sell Flowserve stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Flowserve in the last year. There are currently 1 sell rating, 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" FLS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FLS, but not buy additional shares or sell existing shares.
View FLS analyst ratings
or view top-rated stocks.

What is Flowserve's stock price forecast for 2023?

8 Wall Street analysts have issued 12 month target prices for Flowserve's shares. Their FLS share price forecasts range from $23.00 to $35.00. On average, they anticipate the company's stock price to reach $30.00 in the next twelve months. This suggests that the stock has a possible downside of 5.4%.
View analysts price targets for FLS
or view top-rated stocks among Wall Street analysts.

How have FLS shares performed in 2022?

Flowserve's stock was trading at $30.60 on January 1st, 2022. Since then, FLS stock has increased by 3.6% and is now trading at $31.71.
View the best growth stocks for 2022 here
.

Are investors shorting Flowserve?

Flowserve saw a decline in short interest during the month of October. As of October 15th, there was short interest totaling 4,420,000 shares, a decline of 9.8% from the September 30th total of 4,900,000 shares. Based on an average daily volume of 1,200,000 shares, the short-interest ratio is presently 3.7 days. Approximately 3.4% of the company's shares are sold short.
View Flowserve's Short Interest
.

When is Flowserve's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023.
View our FLS earnings forecast
.

How were Flowserve's earnings last quarter?

Flowserve Co. (NYSE:FLS) announced its quarterly earnings results on Monday, October, 31st. The industrial products company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.24 by $0.15. The industrial products company earned $872.88 million during the quarter, compared to analysts' expectations of $868.17 million. Flowserve had a net margin of 2.41% and a trailing twelve-month return on equity of 6.80%. The company's quarterly revenue was up .8% compared to the same quarter last year. During the same quarter last year, the business earned $0.29 earnings per share.

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

Flowserve announced a quarterly dividend on Monday, August 22nd. Shareholders of record on Friday, September 30th will be given a dividend of $0.20 per share on Friday, October 14th. This represents a $0.80 dividend on an annualized basis and a yield of 2.52%. The ex-dividend date of this dividend is Thursday, September 29th.
Read our dividend analysis for FLS
.

Is Flowserve a good dividend stock?

Flowserve (NYSE:FLS) pays an annual dividend of $0.80 per share and currently has a dividend yield of 2.53%. The dividend payout ratio is 125.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, FLS will have a dividend payout ratio of 46.78% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FLS.

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

Flowserve issued an update on its fourth quarter 2022 earnings guidance on Monday, November, 7th. The company provided earnings per share guidance of $0.40- for the period, compared to the consensus EPS estimate of $0.64. The company issued revenue guidance of $993.01M-$1.01 billion, compared to the consensus revenue estimate of $1.04 billion.

What is Scott Rowe's approval rating as Flowserve's CEO?

147 employees have rated Flowserve Chief Executive Officer Scott Rowe on Glassdoor.com. Scott Rowe has an approval rating of 83% among the company's employees.

What other stocks do shareholders of Flowserve own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Flowserve investors own include Intel (INTC), General Electric (GE), Johnson & Johnson (JNJ), Boeing (BA), QUALCOMM (QCOM), Broadcom (AVGO), Salesforce (CRM), CVS Health (CVS), Wells Fargo & Company (WFC) and Chevron (CVX).

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 shareholders include Vanguard Group Inc. (9.79%), BlackRock Inc. (8.23%), Beutel Goodman & Co Ltd. (4.92%), Nordea Investment Management AB (4.29%), Bank of New York Mellon Corp (3.76%) and State Street Corp (2.71%). Insiders that own company stock include Kirk Wilson, Lanesha Minnix, Sanjay Chowbey and Sujeet Chand.
View institutional ownership trends
.

How do I buy shares of Flowserve?

Shares of FLS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Flowserve's stock price today?

One share of FLS stock can currently be purchased for approximately $31.71.

How much money does Flowserve make?

Flowserve (NYSE:FLS) has a market capitalization of $4.14 billion and generates $3.54 billion in revenue each year. The industrial products company earns $125.95 million in net income (profit) each year or $0.64 on an earnings per share basis.

How many employees does Flowserve have?

The company employs 16,000 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 official website for the company is www.flowserve.com. The industrial products company can be reached via phone at (972) 443-6500, via email at mmullin@flowserve.com, or via fax at 972-443-6800.

This page (NYSE:FLS) was last updated on 11/27/2022 by MarketBeat.com Staff