Flowserve Corporation (FLS)
NYSE: FLS · IEX Real-Time Price · USD
47.51
+0.64 (1.37%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Flowserve Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Flowserve stock have an average target of 51.55, with a low estimate of 38 and a high estimate of 59. The average target predicts an increase of 8.50% from the current stock price of 47.51.
Analyst Consensus: Buy
* Price targets were last updated on May 2, 2024.
Analyst Ratings
The average analyst rating for Flowserve stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 3 | 3 | 5 | 7 | 7 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 4 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 10 | 7 | 7 | 9 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Strong Buy Maintains $50 → $55 | Strong Buy | Maintains | $50 → $55 | +15.77% | May 2, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $56 → $59 | Strong Buy | Maintains | $56 → $59 | +24.18% | May 1, 2024 |
| UBS | UBS | Strong Buy Maintains $46 → $54 | Strong Buy | Maintains | $46 → $54 | +13.66% | May 1, 2024 |
| Mizuho | Mizuho | Strong Buy Reiterates $50 → $53 | Strong Buy | Reiterates | $50 → $53 | +11.56% | May 1, 2024 |
| Stifel | Stifel | Strong Buy Maintains $53 → $55 | Strong Buy | Maintains | $53 → $55 | +15.77% | May 1, 2024 |
Financial Forecast
Revenue This Year
4.62B
from 4.32B
Increased by 6.98%
Revenue Next Year
4.83B
from 4.62B
Increased by 4.54%
EPS This Year
2.68
from 1.42
Increased by 88.47%
EPS Next Year
3.10
from 2.68
Increased by 15.84%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 4.9B | 5.2B | 5.3B | 5.4B |
| Avg | 4.6B | 4.8B | 5.0B | 5.2B |
| Low | 4.4B | 4.4B | 4.5B | 5.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 13.2% | 13.4% | 8.9% | 8.7% |
| Avg | 7.0% | 4.5% | 2.7% | 4.5% |
| Low | 2.9% | -4.0% | -5.9% | 1.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.89 | 3.41 | 3.66 | 3.90 |
| Avg | 2.68 | 3.10 | 3.43 | 3.75 |
| Low | 2.55 | 2.89 | 3.19 | 3.64 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 103.3% | 27.5% | 18.1% | 13.6% |
| Avg | 88.5% | 15.8% | 10.6% | 9.3% |
| Low | 79.3% | 8.2% | 2.8% | 6.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.