FY2025 EPS Estimates for Flowserve Decreased by Analyst

Flowserve Co. (NYSE:FLS - Free Report) - Research analysts at Zacks Research lowered their FY2025 earnings estimates for Flowserve in a report released on Thursday, April 24th. Zacks Research analyst R. Department now forecasts that the industrial products company will post earnings per share of $3.10 for the year, down from their previous estimate of $3.12. The consensus estimate for Flowserve's current full-year earnings is $3.18 per share. Zacks Research also issued estimates for Flowserve's Q2 2026 earnings at $0.89 EPS, Q3 2026 earnings at $0.87 EPS and FY2026 earnings at $3.48 EPS.

Flowserve (NYSE:FLS - Get Free Report) last announced its quarterly earnings data on Tuesday, February 18th. The industrial products company reported $0.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.77 by ($0.07). The company had revenue of $1.18 billion for the quarter, compared to analysts' expectations of $1.21 billion. Flowserve had a net margin of 6.20% and a return on equity of 17.08%.

Several other research analysts have also commented on the company. Mizuho raised their price objective on Flowserve from $65.00 to $70.00 and gave the company an "outperform" rating in a research report on Thursday, February 20th. Citigroup reduced their price target on Flowserve from $72.00 to $56.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. StockNews.com downgraded shares of Flowserve from a "buy" rating to a "hold" rating in a research report on Thursday, February 20th. Royal Bank of Canada reduced their target price on shares of Flowserve from $69.00 to $68.00 and set an "outperform" rating on the stock in a research report on Thursday, February 20th. Finally, Robert W. Baird raised shares of Flowserve from a "neutral" rating to an "outperform" rating and set a $71.00 price target for the company in a report on Monday, March 17th. Two investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $64.30.

Flowserve Stock Performance

Shares of FLS stock opened at $44.89 on Monday. The company's fifty day simple moving average is $47.86 and its 200-day simple moving average is $55.35. The company has a current ratio of 1.97, a quick ratio of 1.39 and a debt-to-equity ratio of 0.71. Flowserve has a 52 week low of $37.34 and a 52 week high of $65.08. The company has a market cap of $5.91 billion, a PE ratio of 20.98, a P/E/G ratio of 1.35 and a beta of 1.22.

Flowserve Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, April 11th. Investors of record on Friday, March 28th were paid a $0.21 dividend. The ex-dividend date of this dividend was Friday, March 28th. This represents a $0.84 dividend on an annualized basis and a yield of 1.87%. Flowserve's dividend payout ratio (DPR) is 39.25%.

Institutional Trading of Flowserve

Several institutional investors and hedge funds have recently bought and sold shares of the company. New York Life Investment Management LLC acquired a new stake in shares of Flowserve during the 4th quarter valued at approximately $800,000. American Century Companies Inc. increased its stake in Flowserve by 25.9% during the fourth quarter. American Century Companies Inc. now owns 110,994 shares of the industrial products company's stock valued at $6,384,000 after purchasing an additional 22,850 shares during the last quarter. New Age Alpha Advisors LLC acquired a new stake in shares of Flowserve during the fourth quarter worth $422,000. Commonwealth Equity Services LLC lifted its position in shares of Flowserve by 103.0% in the 4th quarter. Commonwealth Equity Services LLC now owns 20,806 shares of the industrial products company's stock worth $1,197,000 after buying an additional 10,557 shares during the last quarter. Finally, GAMMA Investing LLC boosted its holdings in shares of Flowserve by 19.1% in the 4th quarter. GAMMA Investing LLC now owns 1,807 shares of the industrial products company's stock valued at $104,000 after buying an additional 290 shares during the period. Institutional investors and hedge funds own 93.93% of the company's stock.

About Flowserve

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.