Flowserve (NYSE:FLS) Updates FY 2025 Earnings Guidance

Flowserve (NYSE:FLS) 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.

Wall Street Analyst Weigh In

A number of research firms have commented on FLS. Robert W. Baird increased their price target on Flowserve from $65.00 to $66.00 and gave the company a “neutral” rating in a research note on Wednesday, October 30th. StockNews.com cut Flowserve from a “strong-buy” rating to a “buy” rating in a research note on Friday, December 27th. The Goldman Sachs Group upgraded Flowserve from a “sell” rating to a “neutral” rating and increased their price target for the company from $55.00 to $69.00 in a research note on Thursday, December 12th. Bank of America increased 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. Finally, Stifel Nicolaus increased their price target on Flowserve from $72.00 to $75.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Two analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $67.50.

Flowserve Stock Up 1.3 %

Shares of FLS stock opened at $63.10 on Wednesday. The stock’s 50-day simple moving average is $60.75 and its 200-day simple moving average is $55.55. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.39 and a current ratio of 1.99. The firm has a market capitalization of $8.29 billion, a PE ratio of 31.24, a P/E/G ratio of 1.27 and a beta of 1.42. Flowserve has a fifty-two week low of $41.60 and a fifty-two week high of $65.08.

Flowserve (NYSE:FLS) last posted its earnings results on Tuesday, February 18th. The industrial products company reported $0.70 EPS for the quarter, missing the consensus estimate of $0.77 by ($0.07). Flowserve had a return on equity of 17.10% and a net margin of 5.90%. Equities analysts expect that Flowserve will post 2.7 earnings per share for the current year.

Flowserve Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, April 11th. Investors of record on Friday, March 28th will be issued a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 1.33%. Flowserve’s dividend payout ratio (DPR) is 41.58%.

About Flowserve

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.