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 Price Performance

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

Flowserve (NYSE:FLS) last posted its earnings results 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%. As a group, sell-side analysts anticipate that Flowserve will post 2.7 earnings per share for the current fiscal 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 paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 1.33%. Flowserve’s payout ratio is 41.58%.

Analyst Ratings Changes

Several research firms have commented on FLS. Royal Bank of Canada upgraded shares of Flowserve from a “sector perform” rating to an “outperform” rating and increased their price objective for the company from $57.00 to $69.00 in a research report on Friday, November 22nd. The Goldman Sachs Group upgraded shares of Flowserve from a “sell” rating to a “neutral” rating and increased their price objective for the company from $55.00 to $69.00 in a research report on Thursday, December 12th. TD Cowen increased their price objective on shares of Flowserve from $60.00 to $75.00 and gave the company a “buy” rating in a research report on Thursday, January 16th. Stifel Nicolaus increased their price objective on shares of Flowserve from $72.00 to $75.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Finally, Robert W. Baird increased their price objective on shares of 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. Based on data from MarketBeat, Flowserve presently has a consensus rating of “Moderate Buy” and an average target price 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.