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NYSE:FLS

Flowserve (FLS) Stock Price, News & Analysis

Flowserve logo
$58.06 -0.09 (-0.15%)
(As of 12/20/2024 05:31 PM ET)

About Flowserve Stock (NYSE:FLS)

Key Stats

Today's Range
$57.50
$58.88
50-Day Range
$52.54
$62.00
52-Week Range
$39.21
$62.32
Volume
2.02 million shs
Average Volume
1.12 million shs
Market Capitalization
$7.63 billion
P/E Ratio
28.74
Dividend Yield
1.45%
Price Target
$64.40
Consensus Rating
Moderate Buy

Company Overview

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.

Flowserve Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
82nd Percentile Overall Score

FLS MarketRank™: 

Flowserve scored higher than 82% of companies evaluated by MarketBeat, and ranked 55th out of 178 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Flowserve has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 8 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Flowserve has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Flowserve's stock forecast and price target.
  • Earnings Growth

    Earnings for Flowserve are expected to grow by 20.66% in the coming year, from $2.71 to $3.27 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Flowserve is 28.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.29.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Flowserve is 28.74, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 21.08.

  • Price to Earnings Growth Ratio

    Flowserve has a PEG Ratio of 1.48. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Flowserve has a P/B Ratio of 3.86. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    1.10% of the outstanding shares of Flowserve have been sold short.
  • Short Interest Ratio / Days to Cover

    Flowserve has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Flowserve has recently increased by 5.84%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Flowserve pays a meaningful dividend of 1.40%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Flowserve does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Flowserve is 41.58%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Flowserve will have a dividend payout ratio of 25.69% next year. This indicates that Flowserve will be able to sustain or increase its dividend.

  • Read more about Flowserve's dividend.
  • Percentage of Shares Shorted

    1.10% of the outstanding shares of Flowserve have been sold short.
  • Short Interest Ratio / Days to Cover

    Flowserve has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Flowserve has recently increased by 5.84%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Flowserve has a news sentiment score of 0.85. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.73 average news sentiment score of Industrial Products companies.
  • News Coverage This Week

    MarketBeat has tracked 13 news articles for Flowserve this week, compared to 7 articles on an average week.
  • Search Interest

    Only 3 people have searched for FLS on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
  • MarketBeat Follows

    Only 3 people have added Flowserve to their MarketBeat watchlist in the last 30 days. This is a decrease of -57% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Flowserve insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.72% of the stock of Flowserve is held by insiders.

  • Percentage Held by Institutions

    93.93% of the stock of Flowserve is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Flowserve's insider trading history.
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FLS Stock News Headlines

Flowserve (NYSE:FLS) Has Announced A Dividend Of $0.21
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Goldman Sachs Upgrades Flowserve (FLS)
See More Headlines

FLS Stock Analysis - Frequently Asked Questions

Flowserve's stock was trading at $41.22 at the start of the year. Since then, FLS shares have increased by 40.9% and is now trading at $58.06.
View the best growth stocks for 2024 here
.

Flowserve Co. (NYSE:FLS) posted its earnings results on Monday, October, 28th. The industrial products company reported $0.62 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.67 by $0.05. The business's revenue for the quarter was up 3.5% compared to the same quarter last year.

Top institutional shareholders of Flowserve include Wellington Management Group LLP (4.72%), State Street Corp (2.96%), Thrivent Financial for Lutherans (1.98%) and Geode Capital Management LLC (1.68%).
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Flowserve investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

Ex-Dividend for 10/11 Dividend
9/27/2024
Dividend Payable
10/11/2024
Last Earnings
10/28/2024
Today
12/20/2024
Ex-Dividend for 1/10 Dividend
12/27/2024
Fiscal Year End
12/31/2024
Dividend Payable
1/10/2025

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
$64.40
High Stock Price Target
$73.00
Low Stock Price Target
$54.00
Potential Upside/Downside
+10.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
10 Analysts

Profitability

Net Income
$186.74 million
Pretax Margin
7.75%

Debt

Sales & Book Value

Annual Sales
$4.54 billion
Cash Flow
$2.60 per share
Book Value
$15.05 per share

Miscellaneous

Free Float
130,430,000
Market Cap
$7.63 billion
Optionable
Optionable
Beta
1.41

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This page (NYSE:FLS) was last updated on 12/21/2024 by MarketBeat.com Staff
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