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.
Many analysts weighed in on price targets for FLS. The maximum price target given was 63, implying a possible profit 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.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 1.16 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 0.03 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.56 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2 percent.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts decreased their estimates.
FLS has an estimated earnings growth rate of 130.87 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of FLS is 0.46.
FLS has traded between a high of 52.10 and a low of 39.13 over the past year. Today's price is 18.48 percent above the 52-week low, and 11.02 percent lower than its 52-week high. FLS has a price/earnings 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.