Flowserve Corporation (FLS)

NYSE: FLS · Real-Time Price · USD
53.54
-0.38 (-0.70%)
Oct 22, 2024, 4:00 PM EDT - Market closed
-0.70%
Market Cap 7.03B
Revenue (ttm) 4.50B
Net Income (ttm) 255.61M
Shares Out 131.37M
EPS (ttm) 1.94
PE Ratio 27.60
Forward PE 18.17
Dividend $0.84 (1.57%)
Ex-Dividend Date Sep 27, 2024
Volume 861,351
Open 53.57
Previous Close 53.92
Day's Range 53.26 - 53.97
52-Week Range 35.32 - 55.90
Beta 1.41
Analysts Buy
Price Target 58.50 (+9.26%)
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]

Sector Industrials
Founded 1790
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 10 analysts, the average rating for FLS stock is "Buy." The 12-month stock price forecast is $58.5, which is an increase of 9.26% from the latest price.

Price Target
$58.5
(9.26% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

4 days ago - Seeking Alpha

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...

5 days ago - Seeking Alpha

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 ...

5 days ago - Business Wire

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...

7 days ago - Business Wire

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.

4 weeks ago - Barrons

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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 ...

3 months ago - Seeking Alpha

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...

3 months ago - Seeking Alpha

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...

3 months ago - Business Wire

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 ...

3 months ago - Business Wire

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 ...

3 months ago - Business Wire

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, ...

4 months ago - Business Wire

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...

5 months ago - Business Wire

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.

Other symbols: TGAN
5 months ago - Business Wire

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...

5 months ago - Business Wire

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 ...

6 months 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 it will take part in the...

6 months ago - Business Wire

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 ...

6 months ago - Seeking Alpha

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...

6 months ago - Business Wire

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...

6 months ago - Business Wire

Flowserve Announces Dates for First 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 ...

6 months ago - Business Wire

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
8 months ago - PRNewsWire

Flowserve Corporation (FLS) Q4 2023 Earnings Call Transcript

Flowserve Corporation (FLS) Q4 2023 Earnings Call Transcript

8 months ago - Seeking Alpha

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...

8 months ago - Business Wire