Flowserve Stock News

Flowserve Corporation: Still Bullish Despite Recent Challenges

3M's (MMM) Q4 earnings are likely to have gained from strength across automotive aftermarket, abrasives, electrical and adhesives & tapes markets. The pandemic-led market downturn might have hurt it.

How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies.

Flowserve (FLS) is likely to gain from healthy bookings for its products, solid liquidity position and shareholder-friendly policies. Its high realignment expenses and rise in debt level are concerns.

Flowserve (FLS) is likely to gain from healthy bookings for its products, solid liquidity position and shareholder-friendly policies. Its high realignment expenses and rise in debt level are concerns.

DekaBank Deutsche Girozentrale lowered its position in shares of Flowserve Co. (NYSE:FLS) by 35.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 8,500 shares of the industrial products companys stock after selling 4,707 shares during the period. DekaBank Deutsche Girozentrales holdings in Flowserve were worth $308,000 as []

Mizuho initiated coverage on shares of Flowserve (NYSE:FLS) in a research report released on Thursday morning, Analyst Price Targets reports. The firm issued a neutral rating and a $34.00 target price on the industrial products companys stock. Other equities research analysts have also issued research reports about the stock. Royal Bank of Canada lowered their []

Mizuho analyst Brett Linzey initiated coverage on several Machinery companies' stocks. The analyst initiated Pentair PLC (NYSE:PNR) with an Underperform rating and a price target of $65, implying

Crossmark Global Holdings Inc. lifted its stake in shares of Flowserve Co. (NYSE:FLS) by 30.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,040 shares of the industrial products companys stock after acquiring an additional 2,327 shares during the []

Shares of Flowserve Co. (NYSE:FLS) reached a new 52-week low on Wednesday . The company traded as low as $29.50 and last traded at $29.63, with a volume of 26769 shares changing hands. The stock had previously closed at $29.94. Several research firms have recently commented on FLS. UBS Group raised Flowserve from a neutral []

Equities research analysts expect Flowserve Co. (NYSE:FLS) to post $0.49 earnings per share for the current quarter, according to Zacks. Three analysts have made estimates for Flowserves earnings, with the highest EPS estimate coming in at $0.51 and the lowest estimate coming in at $0.48. Flowserve posted earnings of $0.53 per share in the same []

Equities research analysts expect that Flowserve Co. (NYSE:FLS) will announce $943.03 million in sales for the current fiscal quarter, Zacks reports. Three analysts have made estimates for Flowserves earnings, with the lowest sales estimate coming in at $937.00 million and the highest estimate coming in at $948.40 million. Flowserve reported sales of $985.31 million in []