Flowserve Corp (NYSE:FLS) has a beta value of 1.26 and has seen 0.98 million shares traded in the recent trading session. The company, currently valued at $5.68B, closed the recent trade at $43.13 per share which meant it gained $1.48 on the day or 3.55% during that session. The FLS stock price is -50.89% off its 52-week high price of $65.08 and 13.42% above the 52-week low of $37.34. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.91 million shares traded. The 3-month trading volume is 1.65 million shares.
The consensus among analysts is that Flowserve Corp (FLS) is Buy stock at the moment, with a recommendation rating of 1.38. 0 analysts rate the stock as a Sell, while 1 rate it as Overweight. 2 out of 7 have rated it as a Hold, with 4 advising it as a Buy. 0 have rated the stock as Underweight.
Flowserve Corp (NYSE:FLS) trade information
Sporting 3.55% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the FLS stock price touched $43.13 or saw a rise of 2.42%. Year-to-date, Flowserve Corp shares have moved -25.02%, while the 5-day performance has seen it change 0.74%. Over the past 30 days, the shares of Flowserve Corp (NYSE:FLS) have changed -17.77%. Short interest in the company has seen 2.05 million shares shorted with days to cover at 1.13.
Wall Street analysts have a consensus price target for the stock at $59, which means that the shares’ value could jump 26.9% from the levels at last check today.. The projected low price target is $52.0 while the price target rests at a high of $66.0. In that case, then, we find that the latest price level in today’s session is -53.03% off the targeted high while a plunge would see the stock gain -20.57% from the levels at last check today..
Flowserve Corp (FLS) estimates and forecasts
The company’s shares have lost -20.88% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 3.33% over the past 5 years. Earnings growth for 2025 is a modest 19.63% while over the next 5 years, the company’s earnings are expected to increase by 13.82%.
FLS Dividends
Flowserve Corp is expected to release its next earnings report on 2025-Feb-17 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.84 at a share yield of 1.95%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 2.21%.
Flowserve Corp (NYSE:FLS)’s Major holders
Insiders own 0.55% of the company shares, while shares held by institutions stand at 97.10% with a share float percentage of 97.64%. Investors are also buoyed by the number of investors in a company, with Flowserve Corp having a total of 654.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 15.78 million shares worth more than $759.05 million. As of 2024-06-30, BLACKROCK INC. held 11.9862% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 13.4 million shares as of 2024-06-30. The firm’s total holdings are worth over $644.56 million and represent 10.1783% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are iShares Trust-iShares Core S&P Mid-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . As of Mar 31, 2025 , the former fund manager holds about 3.26% shares in the company for having 4.29 shares of worth $184.35 million while later fund manager owns 4.11 shares of worth $176.76 million as of Dec 31, 2024 , which makes it owner of about 3.12% of company’s outstanding stock.
