Flowserve Corporation (FLS)

NYSE: FLS · IEX Real-Time Price · USD
30.30
0.45 (1.51%)
May 16, 2022 4:03 PM EDT - Market closed
Market Cap3.96B
Revenue (ttm)3.50B
Net Income (ttm)96.05M
Shares Out130.64M
EPS (ttm)0.96
PE Ratio31.56
Forward PE17.61
Dividend$0.80 (2.64%)
Ex-Dividend DateJun 23, 2022
Volume551,730
Open29.75
Previous Close29.85
Day's Range29.53 - 30.39
52-Week Range28.15 - 44.39
Beta1.64
AnalystsBuy
Price Target36.98 (+22.0%)
Earnings DateMay 2, 2022

About FLS

Flowserve Corporation designs, develops, manufactures, distributes, and services industrial flow management equipment in the United States, Europe, the Middle East, Africa, Asia, and internationally. It operates in two segments, Flowserve Pump Division (FPD) and Flow Control Division (FCD). The FPD segment offers custom and pre-configured pumps and pump systems, mechanical seals, auxiliary systems, replacement parts, upgrades, and related aftermarket services, including installation and commissioning services, seal systems spare parts, repairs,...

IndustryMachinery
CEOR. Scott Rowe
Employees16,000
Stock ExchangeNYSE
Ticker SymbolFLS
Full Company Profile

Financial Performance

In 2021, Flowserve's revenue was $3.54 billion, a decrease of -5.02% compared to the previous year's $3.73 billion. Earnings were $125.95 million, a decrease of -3.43%.

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for FLS stock is "Buy." The 12-month stock price forecast is 36.98, which is an increase of 22.05% from the latest price.

Price Target
$36.98
(22.05% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 aut...

4 days ago - Business Wire

Flowserve Holds 2022 Annual Meeting of Shareholders

DALLAS--(BUSINESS WIRE)--Flowserve Corp. (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, held its virtual 2022 Annual Meeting of Shareholders...

4 days ago - Business Wire

Flowserve (FLS) Clinches Valve Deal for OMV's Recycling Plant

Flowserve (FLS) secures a contract to deliver control and ball valves for OMV's chemical recycling demonstration plant in Schwechat, Austria.

4 days ago - Zacks Investment Research

Flowserve Valves Selected for Waste-to-Product Chemical Recycling Plant in Austria

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 was awarded a contract...

5 days ago - Business Wire

Flowserve (FLS) Q1 Earnings & Revenues Miss Estimates, Down Y/Y

Flowserve's (FLS) first-quarter 2022 revenues decrease 4.2% year over year on account of lackluster performance across its segments.

1 week ago - Zacks Investment Research

Flowserve (FLS) Q1 Earnings and Revenues Lag Estimates

Flowserve (FLS) delivered earnings and revenue surprises of -66.67% and 4.46%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

2 weeks ago - Zacks Investment Research

Flowserve Corporation Reports First Quarter 2022 Results; Updates 2022 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 the ...

2 weeks ago - Business Wire

Flowserve Announces Dates for First Quarter 2022 Financial Results

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

3 weeks ago - Business Wire

Flowserve to Provide Equipment for European Open-Source Carbon Capture and Storage Initiative

DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, today announced it has been awarded a contract...

1 month ago - Business Wire

Flowserve Receives Top Scores in Performance and Reliability in EnergyPoint's 2022 Customer Satisfaction Survey

DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, announced today it has been named as the top s...

1 month ago - Business Wire

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating Flowserve Corporation for Potential Breaches of Fiduciary...

NEW YORK , April 4, 2022 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim i...

1 month ago - PRNewsWire

Flowserve (FLS) Displays Solid Prospects Amid Headwinds

Flowserve (FLS) is likely to gain from strength across end markets, a solid liquidity position and shareholder-friendly policies. Its high realignment expenses and rise in debt level are concerns.

1 month ago - Zacks Investment Research

Why Is Flowserve (FLS) Up 14.8% Since Last Earnings Report?

Flowserve (FLS) reported earnings 30 days ago. What's next for the stock?

1 month ago - Zacks Investment Research

Flowserve Announces Partnership With Gradiant to Accelerate Growth in the Water Technology Market

DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, announced today it has entered into a non-excl...

1 month ago - Business Wire

Flowserve Announces Launch of Energy Advantage Program to Support Customers' Carbon Reduction and Energy Efficiency G...

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

2 months ago - Business Wire

Flowserve (FLS) Q4 Earnings & Revenues Miss Estimates, Down Y/Y

Flowserve's (FLS) fourth-quarter 2021 revenues decrease 6.7% year over year on lackluster performance across most of its segments.

2 months ago - Zacks Investment Research

Flowserve (FLS) Q4 Earnings and Revenues Lag Estimates

Flowserve (FLS) delivered earnings and revenue surprises of -6.25% and 3.08%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Flowserve Corporation Reports Fourth Quarter and Full Year 2021 Results; Issues 2022 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 the ...

2 months ago - Business Wire

Is Flowserve Stock A Buy At $32?

We believe that Flowserve Corporation stock (NYSE: FLS), a manufacturer of pumps and valves, may be a good opportunity at present.

2 months ago - Forbes

Flowserve to Present at Gabelli's 32nd Annual Pump, Valve & Water Systems Symposium

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

2 months ago - Business Wire

Flowserve (FLS) to Report Q4 Earnings: What's in the Offing?

Flowserve's (FLS) Q4 earnings are likely to have benefited from robust backlog and strong oil and gas, chemical and power generation markets. Supply-chain headwinds might have hurt it.

2 months ago - Zacks Investment Research

Flowserve Announces Dates for Fourth Quarter and Full Year 2021 Financial Results

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

3 months ago - Business Wire

Flowserve (FLS) Gains From Solid Bookings, Risks Persist

Flowserve (FLS) is likely to gain from healthy bookings for its products, solid liquidity position and shareholder-friendly policies. Its high realignment expenses and rise in debt level are concerns.

4 months ago - Zacks Investment Research

Flowserve Named Winner of 2021 Chemours Supplier Award for Sustainability

DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, today announced it was selected to receive a 2...

4 months ago - Business Wire

Mizuho Bullish On Stanley Black & Decker, Dover; Neutral On Parker-Hannifin, IDEX, Flowserve, Xylem; Bearish On Pentair

Mizuho analyst Brett Linzey initiated coverage on several Machinery companies' stocks. The analyst initiated Pentair PLC (NYSE:PNR) with an Underperform rating and a price target of $65, implying a down...

Other symbols:PHPNRSWKXYL
4 months ago - Benzinga