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.
Read More…
Industry, Sector and Symbol
Industry Pumps & pumping equipment
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
Phone972-443-6500
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$3.83 billion
Profitability
Miscellaneous
Employees17,000
Next Earnings Date11/6/2019 (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 Wednesday, August 21st. Investors of record on Friday, September 20th will be paid a dividend of $0.19 per share on Friday, October 4th. This represents a $0.76 dividend on an annualized basis and a yield of 1.57%. The ex-dividend date is Thursday, September 19th. View Flowserve's Dividend History.
How were Flowserve's earnings last quarter?
Flowserve Corp (NYSE:FLS) posted its earnings results on Wednesday, July, 31st. The industrial products company reported $0.54 earnings per share for the quarter, beating analysts' consensus estimates of $0.51 by $0.03. The industrial products company earned $990.08 million during the quarter, compared to analysts' expectations of $1 billion. Flowserve had a net margin of 5.41% and a return on equity of 15.75%. The company's revenue was up 1.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.41 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 FY19 earnings guidance on Wednesday, July, 31st. The company provided earnings per share (EPS) guidance of $2.05-2.20 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.20. The company issued revenue guidance of $3.99-4.02 billion, compared to the consensus revenue estimate of $3.98 billion.
What price target have analysts set for FLS?
10 analysts have issued 12 month price targets for Flowserve's shares. Their forecasts range from $43.00 to $58.00. On average, they anticipate Flowserve's stock price to reach $49.75 in the next year. This suggests a possible upside of 2.5% from the stock's current price. View Analyst Price Targets for Flowserve.
What is the consensus analysts' recommendation for Flowserve?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Flowserve in the last year. There are currently 1 sell rating, 7 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 positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Flowserve earned a news impact score of 0.9 on InfoTrie's scale. They also gave news headlines about the industrial products company a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Flowserve.
Who are some of Flowserve's key competitors?
What other stocks do shareholders of Flowserve own?
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 a number of of retail and institutional investors. Top institutional shareholders include EdgePoint Investment Group Inc. (12.99%), Vanguard Group Inc. (10.79%), Invesco Ltd. (10.20%), BlackRock Inc. (6.59%), BlackRock Inc. (6.59%) and Caisse DE Depot ET Placement DU Quebec (2.07%). Company insiders that own Flowserve stock include John Lenander and Ruby R Chandy. View Institutional Ownership Trends for Flowserve.
Which institutional investors are selling Flowserve stock?
FLS stock was sold by a variety of institutional investors in the last quarter, including Pictet Asset Management Ltd., Pictet Asset Management Ltd., Invesco Ltd., KBC Group NV, Westfield Capital Management Co. LP, Canada Pension Plan Investment Board, Korea Investment CORP and Gamco Investors INC. ET AL. View Insider Buying and Selling for Flowserve.
Which institutional investors are buying Flowserve stock?
FLS stock was acquired by a variety of institutional investors in the last quarter, including EdgePoint Investment Group Inc., Caisse DE Depot ET Placement DU Quebec, Nuveen Asset Management LLC, Balyasny Asset Management LLC, Price T Rowe Associates Inc. MD, AQR Capital Management LLC, Point72 Asset Management L.P. and Renaissance Technologies LLC. 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, Robinhood, Fidelity and Charles Schwab.
What is Flowserve's stock price today?
One share of FLS stock can currently be purchased for approximately $48.54.
How big of a company is Flowserve?
Flowserve has a market capitalization of $6.37 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.View Additional Information About Flowserve.
What is Flowserve's official website?
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)
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.
