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 Trading Up 1.3 %

Flowserve stock opened at $63.10 on Wednesday. The business has a 50-day simple moving average of $60.75 and a two-hundred day simple moving average of $55.55. The company has a market cap of $8.29 billion, a P/E ratio of 31.24, a P/E/G ratio of 1.27 and a beta of 1.42. Flowserve has a 52-week low of $41.60 and a 52-week high of $65.08. 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:FLS) last released its quarterly earnings results on Tuesday, February 18th. The industrial products company reported $0.70 earnings per share (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%. Analysts predict that Flowserve will post 2.7 EPS for the current year.

Flowserve Dividend Announcement

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 given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.33%. Flowserve’s payout ratio is currently 41.58%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on FLS shares. Bank of America lifted their price objective on Flowserve from $60.00 to $65.00 and gave the company a “buy” rating in a research report on Wednesday, October 30th. TD Cowen lifted their price objective on Flowserve from $60.00 to $75.00 and gave the company a “buy” rating in a research report on Thursday, January 16th. Robert W. Baird lifted their price objective on Flowserve from $65.00 to $66.00 and gave the company a “neutral” rating in a research report on Wednesday, October 30th. StockNews.com cut Flowserve from a “strong-buy” rating to a “buy” rating in a research report on Friday, December 27th. Finally, The Goldman Sachs Group raised Flowserve from a “sell” rating to a “neutral” rating and boosted their price target for the stock from $55.00 to $69.00 in a report on Thursday, December 12th. Two investment 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, Flowserve presently has a consensus rating of “Moderate Buy” and a consensus price target of $67.50.

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.