Flowserve Corporation (FLS)

NYSE: FLS · IEX Real-Time Price · USD
45.73
+0.33 (0.73%)
Mar 27, 2024, 4:00 PM EDT - Market closed
0.73%
Market Cap 5.99B
Revenue (ttm) 4.32B
Net Income (ttm) 186.74M
Shares Out 131.23M
EPS (ttm) 1.42
PE Ratio 32.20
Forward PE 17.83
Dividend $0.84 (1.84%)
Ex-Dividend Date Mar 27, 2024
Volume 818,329
Open 45.63
Previous Close 45.40
Day's Range 45.48 - 45.89
52-Week Range 31.92 - 46.06
Beta 1.47
Analysts Buy
Price Target 46.57 (+1.84%)
Earnings Date Apr 29, 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]

Sector Industrials
CEO Robert Scott Rowe
Employees 16,000
Stock Exchange NYSE
Ticker Symbol FLS
Full Company Profile

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 Statements

Analyst Forecast

According to 7 analysts, the average rating for FLS stock is "Buy." The 12-month stock price forecast is $46.57, which is an increase of 1.84% from the latest price.

Price Target
$46.57
(1.84% upside)
Analyst Consensus: Buy
Stock Forecasts

News

THOMAS B. OKRAY NAMED CHIEF FINANCIAL OFFICER OF NIKOLA CORPORATION

Experienced CFO primed to take on new opportunities with zero-emissions trucking and hydrogen infrastructure solutions PHOENIX , March 4, 2024 /PRNewswire/ -- Nikola Corporation  (Nasdaq: NKLA), a glo...

Other symbols: NKLA
23 days ago - PRNewsWire

Flowserve Corporation Reports Fourth Quarter and Full-Year 2023 Results; Initiates 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...

5 weeks ago - Business Wire

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 Scott Rowe, President an...

6 weeks ago - Business Wire

Flowserve Announces Dates for Fourth Quarter and Full Year 2023 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 ...

7 weeks ago - Business Wire

16 Favorite Manufacturing Stocks, According to Wall Street

A new year means a chance to pick so new stocks for a portfolio.

Other symbols: BABLDCWSTFDXGMGNRCHII
2 months ago - Barrons

Flowserve Announces Quarterly Cash Dividend of $0.20 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 a...

3 months ago - Business Wire

Flowserve President and Chief Executive Officer Scott Rowe to Present at the Baird 2023 Global Industrial Conference

DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that Scott Rowe, president a...

5 months ago - Business Wire

Flowserve Corporation Reports Third Quarter 2023 Results; Raises 2023 Financial 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...

5 months ago - Business Wire

Flowserve Announces Dates for Third Quarter 2023 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 ...

5 months ago - Business Wire

Flowserve Announces French Regulatory Rejection of Velan Transaction

DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that the French Ministry of ...

6 months ago - Business Wire

Flowserve intends to terminate the Arrangement Agreement as Regulatory Approval from France will not be obtained

MONTREAL, Oct. 05, 2023 (GLOBE NEWSWIRE) -- Velan Inc. (“Velan”) (TSX: VLN) today announces, in connection with the arrangement agreement made as of February 9, 2023, among Velan, 14714750 Canada Inc....

6 months ago - GlobeNewsWire

Here are 11 stocks Jim Cramer is watching, including Buffett's Berkshire and restaurant stocks

Here are some of the tickers on my radar for Friday, Sept. 29, taken directly from my reporter's notebook.

6 months ago - CNBC

Flowserve Hosts 2023 Analyst Day and Issues 2027 Financial Targets

DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, will host its 2023 Analyst Day today in New ...

6 months ago - Business Wire

Flowserve Appoints Cheryl H. Johnson to Board of Directors

DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE:FLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that its board of directors h...

6 months ago - Business Wire

Flowserve Announces 2023 Analyst Day

DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE:FLS), a leading provider of flow control products and services for the global infrastructure markets, announced it plans to hold its 2023 Analyst D...

7 months ago - Business Wire

Flowserve and Velan Extend the Outside Date of their Arrangement Agreement

DALLAS, Texas & MONTREAL, Canada--(BUSINESS WIRE)--Flowserve Corporation (NYSE: FLS) and Velan Inc. (“Velan”) (TSX: VLN) today announced that they have extended the outside date (the “Outside Date”) o...

7 months ago - Business Wire

Flowserve Corporation Reports Second Quarter 2023 Results; Raises 2023 Financial 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...

8 months ago - Business Wire

Flowserve Announces Dates for Second Quarter 2023 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 ...

8 months ago - Business Wire

Flowserve Releases 2022 ESG Report Detailing Climate, Culture and Core Responsibility Approach

DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, announced today the release of its 2022 Envi...

10 months ago - Business Wire

Flowserve to Participate in June 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 participate in...

10 months ago - Business Wire

Flowserve Holds 2023 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 2023 Annual Meeti...

10 months ago - Business Wire

CORRECTION - Velan Inc. Reports Solid Fourth Quarter Financial Results to Close Fiscal Year 2022/23

MONTREAL, May 17, 2023 (GLOBE NEWSWIRE) -- In a press release issued under the same headline earlier today by Velan Inc. (TSX: VLN), please note that in the section about the Conference Call, the time...

11 months ago - GlobeNewsWire

Velan Inc. Reports Solid Fourth Quarter Financial Results to Close Fiscal Year 2022/23

MONTREAL, May 17, 2023 (GLOBE NEWSWIRE) -- Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its fiscal year and fourt...

11 months ago - GlobeNewsWire

Court Approves Plan of Arrangement For Acquisition of Velan by Flowserve

MONTREAL, May 16, 2023 (GLOBE NEWSWIRE) -- Velan Inc. (“Velan”) (TSX: VLN) today announced that the Superior Court of Québec has issued a final order approving the previously announced plan of arrange...

11 months ago - GlobeNewsWire

Velan Shareholders Approve Acquisition by Flowserve

MONTREAL, May 05, 2023 (GLOBE NEWSWIRE) -- Velan Inc. (“Velan”) (TSX: VLN) today announced that holders (the “Shareholders”) of subordinate voting shares (the “SVS”) and of multiple voting shares (the...

11 months ago - GlobeNewsWire