Q3 Earnings Estimate for Flowserve Issued By Zacks Research

Flowserve Corporation (NYSE:FLS) – Stock analysts at Zacks Research increased their Q3 2027 EPS estimates for Flowserve in a research report issued on Tuesday, July 21st. Zacks Research analyst Team now anticipates that the industrial products company will post earnings of $1.25 per share for the quarter, up from their prior estimate of $1.22. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Flowserve’s current full-year earnings is $4.04 per share. Zacks Research also issued estimates for Flowserve’s Q4 2027 earnings at $1.37 EPS, FY2027 earnings at $4.59 EPS and Q1 2028 earnings at $1.12 EPS.

FLS has been the topic of several other reports. Citigroup reiterated a “buy” rating on shares of Flowserve in a research note on Thursday, April 30th. Weiss Ratings downgraded shares of Flowserve from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, May 15th. Wall Street Zen cut shares of Flowserve from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. TD Cowen downgraded shares of Flowserve from a “buy” rating to a “hold” rating and dropped their target price for the company from $85.00 to $70.00 in a research report on Wednesday, June 24th. Finally, The Goldman Sachs Group reiterated a “neutral” rating and set a $83.00 price target on shares of Flowserve in a research note on Thursday, April 30th. Seven investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $86.70.

Flowserve Price Performance

Shares of NYSE FLS opened at $68.63 on Wednesday. The stock’s 50-day simple moving average is $72.90 and its 200-day simple moving average is $76.89. The firm has a market capitalization of $8.77 billion, a PE ratio of 25.42, a price-to-earnings-growth ratio of 1.52 and a beta of 1.23. Flowserve has a fifty-two week low of $48.71 and a fifty-two week high of $92.41. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.63 and a current ratio of 2.22.

Flowserve (NYSE:FLS) last posted its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.82 by $0.03. Flowserve had a return on equity of 21.46% and a net margin of 7.61%.The company had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.17 billion. During the same period last year, the firm earned $0.72 earnings per share. Flowserve’s quarterly revenue was down 6.7% on a year-over-year basis. Flowserve has set its FY 2026 guidance at 4.000-4.200 EPS.

Institutional Trading of Flowserve

Several institutional investors and hedge funds have recently bought and sold shares of FLS. Comprehensive Money Management Services LLC raised its position in shares of Flowserve by 1.5% during the 1st quarter. Comprehensive Money Management Services LLC now owns 8,509 shares of the industrial products company’s stock worth $625,000 after purchasing an additional 125 shares during the last quarter. Parallel Advisors LLC grew its holdings in Flowserve by 20.1% during the 3rd quarter. Parallel Advisors LLC now owns 968 shares of the industrial products company’s stock valued at $51,000 after buying an additional 162 shares during the last quarter. BTC Capital Management Inc. grew its holdings in Flowserve by 2.5% during the 1st quarter. BTC Capital Management Inc. now owns 6,531 shares of the industrial products company’s stock valued at $480,000 after buying an additional 162 shares during the last quarter. IFP Advisors Inc increased its position 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 in the last quarter. Finally, Inspire Advisors LLC increased its position in Flowserve by 3.7% during the fourth quarter. Inspire Advisors LLC now owns 4,667 shares of the industrial products company’s stock worth $324,000 after buying an additional 165 shares in the last quarter. Hedge funds and other institutional investors own 93.93% of the company’s stock.

Insiders Place Their Bets

In other news, Director Brian D. Savoy acquired 1,000 shares of the firm’s stock in a transaction dated Thursday, May 14th. The stock was acquired at an average cost of $67.34 per share, with a total value of $67,340.00. Following the completion of the acquisition, the director owned 1,000 shares of the company’s stock, valued at $67,340. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.71% of the company’s stock.

Flowserve Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Friday, June 26th were paid a $0.22 dividend. The ex-dividend date was Friday, June 26th. This represents a $0.88 dividend on an annualized basis and a yield of 1.3%. Flowserve’s payout ratio is currently 32.59%.

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.