Flowserve FY2027 EPS Forecast Increased by Zacks Research

Flowserve Corporation (NYSE:FLSFree Report) – Equities research analysts at Zacks Research lifted their FY2027 earnings per share (EPS) estimates for shares of Flowserve in a research report issued on Thursday, April 2nd. Zacks Research analyst Team now expects that the industrial products company will earn $4.52 per share for the year, up from their prior estimate of $4.51. Zacks Research currently 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.

Other equities analysts also recently issued reports about the stock. Citigroup increased their price objective on shares of Flowserve from $85.00 to $98.00 and gave the company a “buy” rating in a research note on Monday, February 9th. Weiss Ratings downgraded shares of Flowserve from a “buy (b-)” rating to a “hold (c)” rating in a research note on Wednesday, February 18th. TD Cowen restated a “buy” rating on shares of Flowserve in a report on Thursday, February 19th. Royal Bank Of Canada increased their target price on Flowserve from $83.00 to $96.00 and gave the company an “outperform” rating in a research report on Monday, February 9th. Finally, The Goldman Sachs Group reiterated a “neutral” rating and issued a $88.00 price target on shares of Flowserve in a report on Monday, February 9th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $89.30.

Read Our Latest Stock Analysis on FLS

Flowserve Trading Up 0.1%

NYSE FLS opened at $75.33 on Friday. Flowserve has a one year low of $37.34 and a one year high of $92.41. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.50 and a current ratio of 2.03. The company has a market capitalization of $9.59 billion, a price-to-earnings ratio of 28.75, a price-to-earnings-growth ratio of 1.67 and a beta of 1.33. The company’s 50-day simple moving average is $80.52 and its two-hundred day simple moving average is $70.64.

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

Flowserve Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 10th. Stockholders of record on Friday, March 27th will be given a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, March 27th. This is an increase from Flowserve’s previous quarterly dividend of $0.21. Flowserve’s payout ratio is presently 33.59%.

Institutional Investors Weigh In On Flowserve

A number of hedge funds and other institutional investors have recently bought and sold shares of FLS. BOKF NA purchased a new position in Flowserve in the third quarter worth $28,000. Atlas Capital Advisors Inc. purchased a new stake in shares of Flowserve during the 4th quarter valued at $36,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Flowserve in the 3rd quarter worth $36,000. Bruce G. Allen Investments LLC acquired a new stake in shares of Flowserve in the 3rd quarter worth $40,000. Finally, IFP Advisors Inc grew its stake in Flowserve by 24.4% during the 3rd 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. Hedge funds and other institutional investors own 93.93% of the company’s stock.

About Flowserve

(Get Free Report)

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.

See Also

Earnings History and Estimates for Flowserve (NYSE:FLS)

Receive News & Ratings for Flowserve Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Flowserve and related companies with MarketBeat.com's FREE daily email newsletter.