Flowserve Corporation (FLS)
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]
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 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.
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...
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...
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...
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 ...
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...
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...
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...
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 ...
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 ...
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....
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 ...
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...
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...