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.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Royal Bank of Canada raised shares of Flowserve from a “sector perform” rating to an “outperform” rating and boosted their price objective for the company from $57.00 to $69.00 in a research note on Friday, November 22nd. Citigroup decreased their price target on shares of Flowserve from $73.00 to $72.00 and set a “buy” rating on the stock in a report on Monday, January 13th. The Goldman Sachs Group raised Flowserve from a “sell” rating to a “neutral” rating and lifted their price objective for the company from $55.00 to $69.00 in a research note on Thursday, December 12th. Stifel Nicolaus upped their target price on Flowserve from $72.00 to $75.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Finally, Robert W. Baird lifted their price target on Flowserve from $65.00 to $66.00 and gave the company a “neutral” rating in a research report on Wednesday, October 30th. Two equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat, Flowserve currently has an average rating of “Moderate Buy” and an average price target of $67.50.

Flowserve Price Performance

FLS traded up $0.81 during midday 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 company has a market cap 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 has a 1 year low of $41.60 and a 1 year high of $65.08. The business has a fifty day moving average of $60.75 and a 200 day moving average of $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.

Flowserve (NYSE:FLS) last released 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 net margin of 5.90% and a return on equity of 17.10%. As a group, equities analysts forecast that Flowserve will post 2.7 earnings per share 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 $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 1.33%. Flowserve’s dividend payout ratio is currently 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.