Zacks Research Has Pessimistic View of Flowserve Q1 Earnings

Flowserve Co. (NYSE:FLS) – Zacks Research decreased their Q1 2025 earnings estimates for shares of Flowserve in a report issued on Tuesday, March 11th. Zacks Research analyst R. Department now forecasts that the industrial products company will earn $0.59 per share for the quarter, down from their prior estimate of $0.61. The consensus estimate for Flowserve’s current full-year earnings is $3.18 per share. Zacks Research also issued estimates for Flowserve’s Q4 2025 earnings at $0.95 EPS, Q1 2026 earnings at $0.68 EPS and Q4 2026 earnings at $1.10 EPS.

FLS has been the subject of a number of other research reports. Robert W. Baird increased their price target on shares of Flowserve from $69.00 to $71.00 and gave the stock a “neutral” rating in a research note on Thursday, February 20th. Citigroup cut their price objective on shares of Flowserve from $73.00 to $72.00 and set a “buy” rating for the company in a research report on Monday, January 13th. The Goldman Sachs Group upgraded shares of Flowserve from a “sell” rating to a “neutral” rating and upped their price objective for the stock from $55.00 to $69.00 in a research report on Thursday, December 12th. Stifel Nicolaus increased their price target on shares of Flowserve from $75.00 to $77.00 and gave the company a “buy” rating in a report on Thursday, February 20th. Finally, TD Cowen raised their target price on shares of Flowserve from $60.00 to $75.00 and gave the company a “buy” rating in a report on Thursday, January 16th. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Flowserve presently has an average rating of “Moderate Buy” and an average target price of $68.60.

Flowserve Stock Up 2.9 %

Shares of NYSE:FLS opened at $49.00 on Friday. The stock has a market cap of $6.45 billion, a P/E ratio of 22.89, a P/E/G ratio of 1.35 and a beta of 1.43. The firm has a fifty day moving average price of $58.36 and a 200 day moving average price of $56.25. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.97 and a quick ratio of 1.39. Flowserve has a 1-year low of $43.66 and a 1-year high of $65.08.

Flowserve (NYSE:FLS) last issued its earnings results on Tuesday, February 18th. The industrial products company reported $0.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.77 by ($0.07). The company had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.21 billion. Flowserve had a net margin of 6.20% and a return on equity of 17.08%.

Flowserve Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 11th. Stockholders of record on Friday, March 28th will be paid a dividend of $0.21 per share. The ex-dividend date is Friday, March 28th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.71%. Flowserve’s dividend payout ratio is currently 39.25%.

Institutional Trading of Flowserve

A number of hedge funds have recently made changes to their positions in the company. State Street Corp increased its stake in shares of Flowserve by 1.0% in the third quarter. State Street Corp now owns 3,886,111 shares of the industrial products company’s stock worth $201,685,000 after buying an additional 37,132 shares during the last quarter. Vestcor Inc bought a new stake in shares of Flowserve in the third quarter worth $714,000. Stifel Financial Corp increased its stake in shares of Flowserve by 14.0% in the third quarter. Stifel Financial Corp now owns 244,139 shares of the industrial products company’s stock worth $12,619,000 after buying an additional 29,979 shares during the last quarter. Algert Global LLC increased its stake in shares of Flowserve by 130.3% in the third quarter. Algert Global LLC now owns 109,079 shares of the industrial products company’s stock worth $5,638,000 after buying an additional 61,710 shares during the last quarter. Finally, New York Life Investment Management LLC acquired a new position in Flowserve in the fourth quarter worth $800,000. Hedge funds and other institutional investors own 93.93% of the company’s stock.

About Flowserve

Flowserve Corporation designs, manufactures, distributes, and services industrial flow management equipment in the United States, Canada, Mexico, Europe, the Middle East, Africa, and the Asia Pacific. It operates through Flowserve Pump Division (FPD) and Flow Control Division (FCD) segments. The FPD segment offers custom and pre-configured pumps and pump systems, mechanical seals, auxiliary systems, replacement parts, upgrades, and related aftermarket services; and equipment 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 and in the oil and gas production and process markets.