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.
FLS was given price targets by several analysts. The highest price target was 63, implying a possible profit of 35.89 percent. The most pessimistic analyst gave a price target of 38, implying a possible loss of -18.03 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average 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. Over the past 30 days, FY earnings estimates have also changed upwards by 0.56 percent. If we look at the last 90 days instead, we find a net average change of 2 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 2 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts decreased their estimates.
Analysts estimate earnings of FLS to grow at a rate of 130.87 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of FLS is 0.46.
FLS has a 52-week high of 52.10 and a 52-week low of 39.13. The current market price is above the trailing year's low by 18.48 percent, and 11.02 percent below the 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 will post this quarters earnings in days, on 0000-00-00.