Flowserve Corporation (FLS)

NYSE: FLS · IEX Real-Time Price · USD
49.67
-0.62 (-1.23%)
Jul 19, 2024, 4:00 PM EDT - Market closed
-1.23%
Market Cap 6.54B
Revenue (ttm) 4.43B
Net Income (ttm) 234.20M
Shares Out 131.65M
EPS (ttm) 1.78
PE Ratio 27.90
Forward PE 17.89
Dividend $0.84 (1.69%)
Ex-Dividend Date Jun 28, 2024
Volume 644,083
Open 50.33
Previous Close 50.29
Day's Range 49.65 - 50.50
52-Week Range 35.32 - 52.06
Beta 1.43
Analysts Buy
Price Target 51.82 (+4.33%)
Earnings Date Jul 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 11 analysts, the average rating for FLS stock is "Buy." The 12-month stock price forecast is $51.82, which is an increase of 4.33% from the latest price.

Price Target
$51.82
(4.33% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 ...

8 days 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, ...

5 weeks 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...

7 weeks 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
2 months ago - Business Wire

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 a...

2 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...

2 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 ...

2 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...

2 months ago - Business Wire

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...

2 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...

3 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 ...

3 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
4 months 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 months 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 ...

6 months 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
6 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...

7 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...

9 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...

9 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 ...

9 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 ...

10 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....

10 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.

10 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 ...

10 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...

10 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...

11 months ago - Business Wire