Flowserve Corporation (NYSE:FLS) Stock Has Consensus Target Price of $85.40 According to Analysts

Shares of Flowserve Corporation (NYSE:FLS) have earned a consensus recommendation of “Moderate Buy” from the eleven research firms that are currently covering the stock, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $85.40.

FLS has been the topic of several research analyst reports. Stifel Nicolaus raised their price objective on Flowserve from $92.00 to $94.00 and gave the company a “buy” rating in a report on Friday, July 31st. Robert W. Baird set a $93.00 target price on shares of Flowserve in a report on Friday, July 31st. Weiss Ratings upgraded Flowserve from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, October 21st. The Goldman Sachs Group set a $82.00 target price on shares of Flowserve in a research report on Thursday, July 30th. Finally, Mizuho cut their price objective on shares of Flowserve from $91.00 to $85.00 and set an “outperform” rating for the company in a research report on Thursday, October 15th.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in FLS. Pension & Wealth Management Advisors Inc. acquired a new stake in shares of Flowserve in the third quarter worth $33,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Flowserve during the second quarter valued at approximately $34,000. Global Retirement Partners LLC bought a new stake in Flowserve during the second quarter worth approximately $38,000. Root Financial Partners LLC acquired a new stake in Flowserve in the 3rd quarter valued at about $41,000. Finally, Keating Financial Advisory Services Inc. acquired a new stake in Flowserve during the 2nd quarter worth about $48,000. 93.93% of the stock is owned by hedge funds and other institutional investors.

Flowserve Trading Up 1.9%

NYSE:FLS opened at $69.50 on Friday. The firm has a 50-day simple moving average of $74.59 and a 200-day simple moving average of $76.37. Flowserve has a one year low of $52.37 and a one year high of $92.41. The firm has a market cap of $8.83 billion, a P/E ratio of 24.39, a P/E/G ratio of 1.52 and a beta of 1.23. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.58 and a current ratio of 2.15.

Flowserve (NYSE:FLS) last issued its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.09. Flowserve had a net margin of 8.01% and a return on equity of 21.42%. The company had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.16 billion. During the same period last year, the company posted $0.91 earnings per share. Flowserve’s revenue was down 1.6% compared to the same quarter last year. Flowserve has set its FY 2026 guidance at 4.050-4.200 EPS. Equities analysts anticipate that Flowserve will post 4.10 EPS for the current fiscal year.

Flowserve Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 9th. Shareholders of record on Friday, September 25th were issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Friday, September 25th. Flowserve’s dividend payout ratio is 30.88%.

About Flowserve

Flowserve Corporation is a global manufacturer of flow-control equipment and related services. The company designs, produces and services pumps, valves, mechanical seals and associated systems used to move, control and protect fluids in industrial processes.

Its products and services support applications across the energy, chemical and petrochemical, water, pharmaceutical, mining, power and general industrial markets. Flowserve also provides aftermarket services, including equipment repair, maintenance, upgrades and replacement parts, helping customers improve the reliability and efficiency of their operations.

Headquartered in Irving, Texas, Flowserve serves customers through manufacturing, sales and service operations in North America, Europe, Asia and other international markets.