Flowserve (NYSE:FLS) Issues FY 2025 Earnings Guidance

Flowserve (NYSE:FLS) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 3.100-3.300 for the period, compared to the consensus EPS 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.

Flowserve Stock Up 1.3 %

Flowserve stock traded up $0.81 during trading hours 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 company has a quick ratio of 1.39, a current ratio of 1.99 and a debt-to-equity ratio of 0.56. The stock’s 50-day moving average price is $60.75 and its 200-day moving average price is $55.55. Flowserve has a 12-month low of $41.60 and a 12-month high of $65.08. The stock has a market capitalization of $8.29 billion, a P/E ratio of 31.24, a price-to-earnings-growth ratio of 1.29 and a beta of 1.42.

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

Flowserve Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 11th. Stockholders 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 dividend yield of 1.33%. Flowserve’s payout ratio is 41.58%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Robert W. Baird boosted their price objective on shares of Flowserve from $65.00 to $66.00 and gave the company a “neutral” rating in a report on Wednesday, October 30th. The Goldman Sachs Group upgraded shares of Flowserve from a “sell” rating to a “neutral” rating and boosted their target price for the company from $55.00 to $69.00 in a research report on Thursday, December 12th. Bank of America upped their target price on shares of Flowserve from $60.00 to $65.00 and gave the company a “buy” rating in a report on Wednesday, October 30th. Royal Bank of Canada raised shares of Flowserve from a “sector perform” rating to an “outperform” rating and upped their target price for the company from $57.00 to $69.00 in a report on Friday, November 22nd. Finally, StockNews.com cut shares of Flowserve from a “strong-buy” rating to a “buy” rating in a report on Friday, December 27th. Two research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $67.50.

Flowserve Company Profile

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.