NYSE:FLS

Flowserve (FLS) Stock Price, News & Analysis

$50.23
+0.60 (+1.21%)
(As of 12:08 PM ET)
Today's Range
$49.74
$50.31
50-Day Range
$44.00
$50.29
52-Week Range
$32.49
$50.49
Volume
93,732 shs
Average Volume
1.10 million shs
Market Capitalization
$6.61 billion
P/E Ratio
28.38
Dividend Yield
1.67%
Price Target
$51.55

Flowserve MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.55 Rating Score
Upside/​Downside
2.8% Upside
$51.55 Price Target
Short Interest
Healthy
1.33% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.06mentions of Flowserve in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
17.05%
From $2.64 to $3.09 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.03 out of 5 stars

Industrial Products Sector

52nd out of 168 stocks

Pumps & Pumping Equipment Industry

5th out of 8 stocks

FLS stock logo

About Flowserve Stock (NYSE:FLS)

Flowserve Corporation designs, manufactures, distributes, and services industrial flow management equipment in the United States, Canada, Mexico, Europe, the Middle East, Africa, and the Asia Pacific. It operates through Flowserve Pump Division (FPD) and Flow Control Division (FCD) segments. The FPD segment offers custom and pre-configured pumps and pump systems, mechanical seals, auxiliary systems, replacement parts, upgrades, and related aftermarket services; and equipment 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 and in the oil and gas production and process markets. The FCD segment provides engineered and industrial valve and automation systems, including isolation and control valves, actuation, controls, and related equipment; and 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 multi-phase fluids. 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 founded in 1790 and is headquartered in Irving, Texas.

FLS Stock Price History

FLS Stock News Headlines

Flowserve: Q1 Earnings Snapshot
Flowserve Corporation Q1 Profit Increases, beats estimates
Demystifying Flowserve: Insights From 5 Analyst Reviews
Validea Detailed Fundamental Analysis - FLS
See More Headlines
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Company Calendar

Ex-Dividend for 4/12 Dividend
3/27/2024
Dividend Payable
4/12/2024
Last Earnings
4/29/2024
Today
5/20/2024
Next Earnings (Estimated)
8/06/2024
Fiscal Year End
12/31/2024

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 Target
$51.55
High Stock Price Target
$59.00
Low Stock Price Target
$38.00
Potential Upside/Downside
+2.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.55
Research Coverage
11 Analysts

Profitability

Net Income
$186.74 million
Pretax Margin
6.49%

Debt

Sales & Book Value

Annual Sales
$4.32 billion
Cash Flow
$2.79 per share
Book Value
$15.05 per share

Miscellaneous

Free Float
130,706,000
Market Cap
$6.61 billion
Optionable
Optionable
Beta
1.42
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Key Executives

  • Mr. Robert Scott Rowe (Age 53)
    President, CEO & Director
    Comp: $3.89M
  • Ms. Amy B. Schwetz (Age 49)
    Senior VP & CFO
    Comp: $1.83M
  • Ms. Susan Claire Hudson (Age 47)
    Senior VP, Chief Legal Officer & Corporate Secretary
    Comp: $938.62k
  • Mr. Kirk R. WilsonMr. Kirk R. Wilson (Age 57)
    President of Flow Control Division
    Comp: $981.75k
  • Mr. Lamar L. Duhon (Age 53)
    President of Flowserve Pumps Division
    Comp: $1.16M
  • Mr. Scott K. Vopni (Age 56)
    VP & Chief Accounting Officer
  • Mr. Doug Short
    VP & Chief Information Officer
  • Mr. John E. Roueche III (Age 57)
    VP of Investor Relations & Treasurer
    Comp: $520.13k

FLS Stock Analysis - Frequently Asked Questions

Should I buy or sell Flowserve stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Flowserve in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" FLS shares.
View FLS analyst ratings
or view top-rated stocks.

What is Flowserve's stock price target for 2024?

11 equities research analysts have issued 1 year price objectives for Flowserve's stock. Their FLS share price targets range from $38.00 to $59.00. On average, they anticipate the company's share price to reach $51.55 in the next year. This suggests a possible upside of 2.8% from the stock's current price.
View analysts price targets for FLS
or view top-rated stocks among Wall Street analysts.

How have FLS shares performed in 2024?

Flowserve's stock was trading at $41.22 at the beginning of the year. Since then, FLS shares have increased by 21.7% and is now trading at $50.16.
View the best growth stocks for 2024 here
.

Are investors shorting Flowserve?

Flowserve saw a drop in short interest during the month of April. As of April 30th, there was short interest totaling 1,750,000 shares, a drop of 12.1% from the April 15th total of 1,990,000 shares. Based on an average trading volume of 1,260,000 shares, the short-interest ratio is currently 1.4 days.
View Flowserve's Short Interest
.

When is Flowserve's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024.
View our FLS earnings forecast
.

How were Flowserve's earnings last quarter?

Flowserve Co. (NYSE:FLS) issued its quarterly earnings results on Monday, April, 29th. The industrial products company reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.11. The industrial products company had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.04 billion. Flowserve had a net margin of 5.29% and a trailing twelve-month return on equity of 15.50%. The business's revenue for the quarter was up 10.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.40 earnings per share.

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

Flowserve announced a quarterly dividend on Tuesday, February 20th. Stockholders of record on Thursday, March 28th will be paid a dividend of $0.21 per share on Friday, April 12th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.67%. The ex-dividend date of this dividend is Wednesday, March 27th. This is an increase from the stock's previous quarterly dividend of $0.20.
Read our dividend analysis for FLS
.

Is Flowserve a good dividend stock?

Flowserve (NYSE:FLS) pays an annual dividend of $0.84 per share and currently has a dividend yield of 1.69%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 47.46%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FLS will have a dividend payout ratio of 27.18% 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 FY 2024 earnings guidance on Monday, April, 29th. The company provided earnings per share guidance of 2.500-2.700 for the period, compared to the consensus EPS estimate of 2.540. The company issued revenue guidance of $4.5 billion-$4.6 billion, compared to the consensus revenue estimate of $4.6 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).

Who are Flowserve's major shareholders?

Flowserve's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.20%), First Eagle Investment Management LLC (8.15%), Nordea Investment Management AB (2.35%), Earnest Partners LLC (1.94%), Gamco Investors INC. ET AL (1.12%) and Gabelli Funds LLC (0.97%).
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:FLS) was last updated on 5/20/2024 by MarketBeat.com Staff

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