Recent significant positive changes in fundamentals have benefitted Flowserve Corp. (NYSE: FLS): the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.
Important positive changes in Flowserve Corp. (NYSE: FLS) investment behavior have recently occurred: the stock’s recent price rise disrupted its longer term downtrend.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
FLS’ future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Flowserve has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Flowserve has a poor Appreciation Score of 17 but a very high Power Rating of 88, resulting in the Neutral Value Trend Rating.
Recent Price Action
Flowserve Corp. (NYSE: FLS) stock closed at $48.07 on 6/5/24 after a slight gain of 0.1%. However, this advance was accompanied by exceptionally low trading volume at 48% of normal. The stock has declined -2.3% during the last week but has been strong relative to the market over the last nine months.
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