Flowserve Corporation (FLS)
| Market Cap | 3.96B |
| Revenue (ttm) | 3.50B |
| Net Income (ttm) | 96.05M |
| Shares Out | 130.64M |
| EPS (ttm) | 0.96 |
| PE Ratio | 31.56 |
| Forward PE | 17.61 |
| Dividend | $0.80 (2.64%) |
| Ex-Dividend Date | Jun 23, 2022 |
| Volume | 551,730 |
| Open | 29.75 |
| Previous Close | 29.85 |
| Day's Range | 29.53 - 30.39 |
| 52-Week Range | 28.15 - 44.39 |
| Beta | 1.64 |
| Analysts | Buy |
| Price Target | 36.98 (+22.0%) |
| Earnings Date | May 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,...
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 StatementsAnalyst 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.
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...
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...
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.
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...
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.
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?
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 ...
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...
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...
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...
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...
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.
Why Is Flowserve (FLS) Up 14.8% Since Last Earnings Report?
Flowserve (FLS) reported earnings 30 days ago. What's next for the stock?
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...
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...
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.
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?
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 ...
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.
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...
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.
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...
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.
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...
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...