Zacks Research Forecasts Increased Earnings for Flowserve

Flowserve Corporation (NYSE:FLS) – Equities researchers at Zacks Research increased their FY2027 earnings per share (EPS) estimates for Flowserve in a research note issued to investors on Thursday, April 2nd. Zacks Research analyst Team now forecasts that the industrial products company will earn $4.52 per share for the year, up from their previous forecast of $4.51. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for Flowserve’s current full-year earnings is $3.18 per share. Zacks Research also issued estimates for Flowserve’s Q4 2027 earnings at $1.35 EPS and Q1 2028 earnings at $1.13 EPS.

Flowserve (NYSE:FLS) last released its earnings results on Thursday, February 5th. The industrial products company reported $1.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.94 by $0.17. Flowserve had a net margin of 7.32% and a return on equity of 21.19%. The business had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.26 billion. During the same quarter in the prior year, the firm posted $0.70 EPS. The company’s revenue for the quarter was up 3.5% compared to the same quarter last year. Flowserve has set its FY 2026 guidance at 4.000-4.200 EPS.

Several other equities analysts have also issued reports on the stock. Weiss Ratings lowered shares of Flowserve from a “buy (b-)” rating to a “hold (c)” rating in a report on Wednesday, February 18th. Wall Street Zen downgraded Flowserve from a “strong-buy” rating to a “buy” rating in a report on Sunday, March 15th. Mizuho boosted their price objective on Flowserve from $74.00 to $91.00 and gave the company an “outperform” rating in a research note on Monday, February 9th. Robert W. Baird set a $98.00 target price on Flowserve in a research report on Monday, February 9th. Finally, Royal Bank Of Canada raised their target price on Flowserve from $83.00 to $96.00 and gave the stock an “outperform” rating in a research note on Monday, February 9th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $89.30.

Flowserve Trading Up 0.1%

FLS opened at $75.33 on Friday. Flowserve has a twelve month low of $37.34 and a twelve month high of $92.41. The company has a quick ratio of 1.50, a current ratio of 2.03 and a debt-to-equity ratio of 0.68. The company has a fifty day moving average of $80.52 and a 200-day moving average of $70.54. The stock has a market cap of $9.59 billion, a PE ratio of 28.75, a price-to-earnings-growth ratio of 1.67 and a beta of 1.33.

Hedge Funds Weigh In On Flowserve

Institutional investors have recently made changes to their positions in the stock. Atlas Capital Advisors Inc. acquired a new position in shares of Flowserve during the fourth quarter worth approximately $36,000. BOKF NA acquired a new stake in Flowserve in the 3rd quarter valued at $28,000. Measured Wealth Private Client Group LLC bought a new stake in Flowserve during the 3rd quarter valued at $36,000. Bruce G. Allen Investments LLC bought a new stake in Flowserve during the 3rd quarter valued at $40,000. Finally, IFP Advisors Inc raised its holdings in Flowserve by 24.4% during the third quarter. IFP Advisors Inc now owns 830 shares of the industrial products company’s stock worth $46,000 after buying an additional 163 shares during the last quarter. Institutional investors and hedge funds own 93.93% of the company’s stock.

Flowserve Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 10th. Shareholders of record on Friday, March 27th will be issued a $0.22 dividend. The ex-dividend date is Friday, March 27th. This is a positive change from Flowserve’s previous quarterly dividend of $0.21. This represents a $0.88 dividend on an annualized basis and a yield of 1.2%. Flowserve’s dividend payout ratio is 33.59%.

About Flowserve

Flowserve Corporation (NYSE: FLS) is a leading provider of fluid motion and control products and services. The company designs, manufactures and services engineered and industrial pumps, mechanical seals, valves and related flow management equipment. Flowserve’s offerings are utilized across a broad spectrum of end markets, including oil and gas, power generation, chemical processing, water management, pharmaceutical and semiconductor manufacturing, as well as mining and general industrial applications.

Flowserve’s product portfolio encompasses a wide range of centrifugal and positive displacement pumps, high-performance control valves, butterfly and ball valves, as well as mechanical seals and seal support systems.