Flowserve Corporation (FLS)
Market Cap | 7.63B |
Revenue (ttm) | 4.54B |
Net Income (ttm) | 267.84M |
Shares Out | 131.38M |
EPS (ttm) | 2.03 |
PE Ratio | 28.60 |
Forward PE | 18.53 |
Dividend | $0.84 (1.45%) |
Ex-Dividend Date | Sep 27, 2024 |
Volume | 1,360,705 |
Open | 57.54 |
Previous Close | 58.15 |
Day's Range | 57.50 - 58.88 |
52-Week Range | 39.21 - 62.32 |
Beta | 1.43 |
Analysts | Strong Buy |
Price Target | 64.40 (+10.92%) |
Earnings Date | Oct 28, 2024 |
About 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 syst... [Read more]
Financial Performance
In 2023, Flowserve's revenue was $4.32 billion, an increase of 19.51% compared to the previous year's $3.62 billion. Earnings were $186.74 million, a decrease of -1.03%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for FLS stock is "Strong Buy." The 12-month stock price forecast is $64.4, which is an increase of 10.92% from the latest price.
News
Flowserve Announces Quarterly Cash Dividend of $0.21 Per Share
DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, announced that its Board of Directors has au...
Flowserve: The Case For Picks And Shovels
Flowserve is yet another good example of why index exclusions tend to outperform index inclusions. Although the stock has skyrocketed over the past two years, the long-term opportunity has not been di...
Flowserve Announces Upcoming Investor Events
DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE: FLS) (“Flowserve” or the “Company”), a leading provider of flow control products and services for the global infrastructure markets, announced tod...
Flowserve Corporation (FLS) Q3 2024 Earnings Call Transcript
Flowserve Corporation (NYSE:FLS) Q3 2024 Results Conference Call October 29, 2024 10:00 AM ET Company Participants Brian Ezzell - VP, IR, Treasurer and Corporate Finance Scott Rowe - President and Ch...
Flowserve Corporation Reports Third Quarter 2024 Results; Reaffirms 2024 Adjusted EPS Guidance
DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE: FLS) (“Flowserve” or the “Company”), a leading provider of flow control products and services for the global infrastructure markets, today announc...
Flowserve Corporation: Capitalize On Booming End-Market Trends And Solid Execution
Flowserve, a $7.2 billion leader in flow control systems, is essential for optimizing fluid management in key industries like oil and gas, water management, and power production. FLS's Q2 results reve...
Flowserve: More Room To Run Despite The Stock's Recent Rally
I expect the MOGAS acquisition and the strong revenue and profitability growth to sustain Flowserve's momentum, despite cash flow concerns. Free cash flow dropped by 480% in Q2, but management project...
Flowserve Announces Dates for Third Quarter 2024 Financial Results
DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE:FLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that it plans to release its ...
Flowserve Completes Acquisition of MOGAS Industries
DALLAS--(BUSINESS WIRE)--Flowserve Corporation (“Flowserve”) (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, today announced that it has co...
This Stock Is a Hidden Nuclear Energy AI Play, BofA Says
Nuclear power is enjoying a rapid renaissance thanks to AI computing. There is a new way to play the trend.
Flowserve to Acquire MOGAS Industries, Accelerating 3D Growth Strategy
DALLAS--(BUSINESS WIRE)--Flowserve Corporation (“Flowserve”) (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that it has si...
Flowserve Corporation (FLS) Q2 2024 Earnings Call Transcript
Flowserve Corporation (NYSE:FLS) Q2 2024 Earnings Conference Call July 30, 2024 10:00 AM ET Company Participants Jay Roueche - Vice President, Treasurer and Investor Relations Scott Rowe - President ...
Flowserve: Mixed Q2 Results Hints At Limited Upside
Flowserve Corporation reported Q2 financial results, with revenue slightly below expectations but adjusted earnings exceeding forecasts. Management increased guidance for adjusted earnings per share f...
Flowserve Corporation Reports Second Quarter 2024 Results; Raises Full-Year Adjusted EPS
DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, today announced its financial results for th...
Flowserve Acquires LNG Pumping Technology from NexGen Cryo to Accelerate Decarbonization Growth Strategy
DALLAS--(BUSINESS WIRE)--Flowserve Corporation (“Flowserve”) (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, has acquired the intellectual ...
Flowserve Announces Dates for Second Quarter 2024 Financial Results
DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE:FLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that it plans to release its ...
Flowserve and Heide Refinery Announce Partnership to Drive Energy, Cost and Carbon Savings Through Flowserve's Energy Advantage Program
DALLAS & HEMMINGSTEDT, Germany--(BUSINESS WIRE)--Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, and Heide Refinery, ...
Flowserve to Participate in Upcoming Investor Events
DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE:FLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that it will take part in the...
St. Charles County Dermatologic Surgery Joins Epiphany Dermatology
AUSTIN, Texas--(BUSINESS WIRE)--Epiphany Dermatology announces partnership with Stacey Tull, MD, and her team at St. Charles County Dermatologic Surgery in the St. Louis, MO market.
Flowserve Holds 2024 Annual Meeting of Shareholders
DALLAS--(BUSINESS WIRE)--Flowserve Corp. (NYSE: FLS) (the “Company”), a leading provider of flow control products and services for the global infrastructure markets, held its virtual 2024 Annual Meeti...
Flowserve Releases 2023 ESG Report Detailing Climate, Culture and Core Responsibility Progress
DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, has released its 2023 Environmental, Social ...
Flowserve to Participate in Upcoming Investor Conferences
DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE:FLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that it will take part in the...
Flowserve Corporation (FLS) Q1 2024 Earnings Call Transcript
Flowserve Corporation (NYSE:FLS) Q1 2024 Results Conference Call April 30, 2024 11:00 AM ET Company Participants Jay Roueche - Vice President, Treasurer and Investor Relations Scott Rowe - President ...
Flowserve Corporation Reports First Quarter 2024 Results and Raises Full-Year 2024 Guidance
DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, today announced its financial results for th...
Flowserve Corporation Receives Two Significant Middle East Project Awards
DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that it received two major p...