Flowserve (NYSE:FLS) Releases FY 2025 Earnings Guidance

Flowserve (NYSE:FLSGet Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 3.100-3.300 for the period, compared to the consensus earnings per share estimate of 3.240. The company issued revenue guidance of $4.8 billion-$4.9 billion, compared to the consensus revenue estimate of $4.9 billion.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Royal Bank of Canada upgraded shares of Flowserve from a “sector perform” rating to an “outperform” rating and upped their price objective for the stock from $57.00 to $69.00 in a report on Friday, November 22nd. Stifel Nicolaus upped their target price on shares of Flowserve from $72.00 to $75.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Bank of America lifted their price target on Flowserve from $60.00 to $65.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. TD Cowen increased their price objective on Flowserve from $60.00 to $75.00 and gave the stock a “buy” rating in a research note on Thursday, January 16th. Finally, Robert W. Baird lifted their target price on Flowserve from $65.00 to $66.00 and gave the company a “neutral” rating in a research report on Wednesday, October 30th. Two investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $67.50.

Check Out Our Latest Stock Report on Flowserve

Flowserve Stock Performance

Flowserve stock traded up $0.81 during trading on Tuesday, hitting $63.10. The stock had a trading volume of 1,861,567 shares, compared to its average volume of 1,231,366. The stock’s 50 day moving average is $60.75 and its two-hundred day moving average is $55.55. Flowserve has a 1 year low of $41.60 and a 1 year high of $65.08. The stock has a market cap of $8.29 billion, a price-to-earnings ratio of 31.24, a price-to-earnings-growth ratio of 1.29 and a beta of 1.42. The company has a quick ratio of 1.39, a current ratio of 1.99 and a debt-to-equity ratio of 0.56.

Flowserve (NYSE:FLSGet Free Report) last issued its quarterly earnings results on Tuesday, February 18th. The industrial products company reported $0.70 EPS for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.07). Flowserve had a net margin of 5.90% and a return on equity of 17.10%. As a group, analysts predict that Flowserve will post 2.7 EPS for the current year.

Flowserve Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Stockholders of record on Friday, March 28th will be given a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 1.33%. Flowserve’s dividend payout ratio (DPR) is currently 41.58%.

Flowserve Company Profile

(Get Free Report)

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 systems spare parts, repairs, advanced diagnostics, re-rate and upgrade solutions, retrofit programs, and machining and asset management solutions, as well as manufactures a gas-lubricated mechanical seal for use in high-speed compressors for gas pipelines and in the oil and gas production and process markets.

See Also

Earnings History and Estimates for Flowserve (NYSE:FLS)

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