Flowserve Stock News

Flowserve's (FLS) Q4 earnings are likely to have benefited from robust backlog and strong oil and gas, chemical and power generation markets. Supply-chain headwinds might have hurt it.

Tom Knutzen, Vice Chair of the Board, has purchased 5,000 shares and consequently has a total shareholding of 30,000 shares.

Dublin, Feb. 17, 2022 (GLOBE NEWSWIRE) -- The "Global Screw Pumps Market 2022-2026" report has been added to ResearchAndMarkets.com''s offering. The publisher has been monitoring the screw pumps market and it is poised to grow by $1.05 billion during 2022-2026, progressing at a CAGR of 6.43% during the forecast period. The report on the screw pumps market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by rise in manufacturing activities and growing demand for alternative energy and the ability of screw pumps to efficiently even without water. The screw pumps market analysis includes the end-user segment and geographic landscape. This study identifies the rising demand for heavy-duty equipment as one of the prime reasons driving the screw pumps market growth during the next few years.

Flowserve Corporation found using ticker (FLS) have now 12 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The target price ranges between 46 and 32 with the average target price sitting at 37.42. Now with the previous closing price of 32.4 this would imply there is a potential upside of 15.5%. The 50 day moving average now sits at 31.62 while the 200 day moving average is 36.79. The company has a market cap of $4,249m. Visit the company website at: https://www.flowserve.com [stock_market_widget type="chart" symbol="FLS" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] The potential market cap would be $4,908m based on the market concensus. Flowserve Corporation designs, develops, manufactures, distributes, and services industrial flow management equipment in the United States, Canada, Mexico, the Middle East, Africa, the Asia Pacific, and Europe. It operates in two segments: Flowserve Pump Division (FPD) and Flow Control Division (FCD).

Highlights in 2021

The FLSmidth & Co. A/S Board of Directors has named two new nominations for the Board of Directors ahead of the Annual General Meeting on 30 March 2022. Current Vice Chairman Tom Knutzen is nominated

DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, today announced that it plans to release its results for the fourth quarter and full year 2021 after the close of the New York Stock Exchange (NYSE) on Wednesday, February 23. The following morning, on Thursday, February 24 the company will hold its conference call with the financial community at 11 a.m. Eastern time. Scott Rowe, president a

DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, today announced that it plans to release its

Flowserve Corporation with ticker code (FLS) have now 12 analysts covering the stock with the consensus suggesting a rating of ''Hold''. The target price ranges between 46 and 32 with a mean TP of 37.42. Now with the previous closing price of 32.9 this would imply there is a potential upside of 13.7%. The 50 day MA is 31.34 and the 200 day moving average is 36.96. The company has a market capitalisation of $4,403m. Visit the company website at: https://www.flowserve.com [stock_market_widget type="chart" symbol="FLS" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] The potential market cap would be $5,008m based on the market concensus. Flowserve Corporation designs, develops, manufactures, distributes, and services industrial flow management equipment in the United States, Canada, Mexico, the Middle East, Africa, the Asia Pacific, and Europe. It operates in two segments: Flowserve Pump Division (FPD) and Flow Control Division (FCD). The FPD segment offers custom and pre-configured pumps and pump systems, mechanical seals, auxiliary systems, replacement parts, upgrades, and related aftermarket 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.

Illinois Tool Works (ITW) delivered earnings and revenue surprises of 3.17% and 3.87%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Emerson's (EMR) fiscal Q1 earnings are likely to have benefited from cold chain and solid food & beverage end markets. Supply chain constraints and cost inflation might have dragged its margins.

COMPANY ANNOUNCEMENT NO. 1-2022 27 January 2022, Copenhagen, Denmark

A. O. Smith's (AOS) Q4 earnings are likely to have gained from strong demand for its products. However, supply chain issues and raw material inflation might have weighed on its performance.

Flowserve Corporation's margins are high and stable, allowing it to generate large amounts of cash year after year. Read more here.

Trailing twelve months' revenues have declined for six consecutive quarters. The company's margins are high and stable, allowing it to generate large amounts of cash year after year.