Flowserve (NYSE:FLS) Issues FY 2025 Earnings Guidance

Flowserve (NYSE:FLS - Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 3.100-3.300 for the period, compared to the consensus estimate of 3.240. The company issued revenue guidance of $4.8 billion-$4.9 billion, compared to the consensus revenue estimate of $4.9 billion.

Analysts Set New Price Targets

Several research firms have commented on FLS. Bank of America lifted their price target on Flowserve from $60.00 to $65.00 and gave the company a "buy" rating in a report on Wednesday, October 30th. Stifel Nicolaus boosted their target price on Flowserve from $75.00 to $77.00 and gave the stock a "buy" rating in a report on Thursday. Citigroup decreased their target price on Flowserve from $73.00 to $72.00 and set a "buy" rating for the company in a report on Monday, January 13th. The Goldman Sachs Group upgraded Flowserve from a "sell" rating to a "neutral" rating and boosted their target price for the stock from $55.00 to $69.00 in a report on Thursday, December 12th. Finally, Mizuho boosted their target price on Flowserve from $65.00 to $70.00 and gave the stock an "outperform" rating in a report on Thursday. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, Flowserve presently has a consensus rating of "Moderate Buy" and an average price target of $68.60.

Flowserve Stock Down 3.6 %

NYSE FLS traded down $2.08 on Friday, reaching $55.38. The company had a trading volume of 2,004,391 shares, compared to its average volume of 1,352,376. The firm has a market capitalization of $7.28 billion, a PE ratio of 25.88, a P/E/G ratio of 1.21 and a beta of 1.42. Flowserve has a 1 year low of $41.60 and a 1 year high of $65.08. The firm has a 50-day moving average of $60.57 and a 200-day moving average of $55.78. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.97 and a quick ratio of 1.39.

Flowserve (NYSE:FLS - Get Free Report) last released its quarterly earnings results on Tuesday, February 18th. The industrial products company reported $0.70 earnings per share for the quarter, missing analysts' consensus estimates of $0.77 by ($0.07). The company had revenue of $1.18 billion during the quarter, compared to analysts' expectations of $1.21 billion. Flowserve had a return on equity of 17.08% and a net margin of 6.20%. On average, equities research analysts anticipate that Flowserve will post 3.18 EPS for the current fiscal year.

Flowserve Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 11th. Shareholders of record on Friday, March 28th will be given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.52%. The ex-dividend date of this dividend is Friday, March 28th. Flowserve's payout ratio is 39.25%.

Flowserve Company Profile

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.