Flowserve (NYSE:FLS – Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 3.100-3.300 for the period, compared to the consensus earnings per share 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.
Flowserve Price Performance
FLS stock opened at $59.04 on Thursday. The company has a market capitalization of $7.76 billion, a PE ratio of 27.59, a price-to-earnings-growth ratio of 1.28 and a beta of 1.42. The company’s fifty day moving average price is $60.75 and its 200-day moving average price is $55.69. Flowserve has a one year low of $41.60 and a one year high of $65.08. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.39 and a current ratio of 1.99.
Flowserve (NYSE:FLS – Get Free Report) last issued its quarterly earnings data 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 firm 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 17.11%. On average, equities analysts anticipate that Flowserve will post 3.21 EPS for the current fiscal year.
Flowserve Dividend Announcement
Analyst Ratings Changes
FLS has been the subject of several research reports. Robert W. Baird increased their price objective on shares of Flowserve from $69.00 to $71.00 and gave the company a “neutral” rating in a research report on Thursday. Bank of America upped their price objective on Flowserve from $60.00 to $65.00 and gave the company a “buy” rating in a research report on Wednesday, October 30th. Stifel Nicolaus lifted their target price on Flowserve from $72.00 to $75.00 and gave the stock a “buy” rating in a report on Friday, January 24th. StockNews.com downgraded Flowserve from a “strong-buy” rating to a “buy” rating in a research report on Friday, December 27th. Finally, TD Cowen increased their target price on shares of Flowserve from $60.00 to $75.00 and gave the company a “buy” rating in a research note on Thursday, January 16th. Two analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, Flowserve currently has a consensus rating of “Moderate Buy” and a consensus target price of $68.00.
View Our Latest Report on Flowserve
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.
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