Analyst Ratings for Flowserve Corp. (FLS)Updated: 2017-07-28
An average rating of Hold has been given to Flowserve Corp. (NYSE:FLS) by analysts covering the stock. Last month, FLS received an average rating of Overweight.
21 analysts issued ratings on the stock, where 6 gave FLS a buy rating, 0 issued an overweight rating, 13 gave a hold rating, 0 issued an underweight rating, and 2 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
A number of analysts gave price targets for FLS. The maximum price target given was 63, implying potential capital gains of 35.89 percent. The lowest price target was 38, which equates to a potential downside of -18.03 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 1.16 percent. That number becomes 0.03 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.56 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 2 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 2 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 3 analysts increased their estimates for the FY earnings, compared to 2 analysts that revised their FY estimates downwards.
The growth rate of FLS's earnings is estimated by analysts to be 130.87 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of FLS is 0.46.
In the last 52-weeks, FLS has achieved a high of 52.10 and a low of 39.13. The current market price is above the trailing year's low by 18.48 percent, and below the high by 11.02 percent. FLS has a P/E ratio of 60.21. Investors typically compare the P/E ratio to a company's peers in the industry. The FLS value stock report compares FLS to some of its peers using value stock charts. The market cap of FLS is $6.09 billion. FLS is estimated to release their earnings results for the quarter on 0000-00-00, days from today.