Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
After finishing at $50.52 in the prior trading day, Flowserve Corp (NYSE: FLS) closed at $47.41, down -6.16%. In other words, the price has decreased by -$6.16 from its previous closing price. On the day, 9.27 million shares were traded.
Ratios:
Our goal is to gain a better understanding of FLS by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.49. For the most recent quarter (mrq), Quick Ratio is recorded 1.46 and its Current Ratio is at 2.07. In the meantime, Its Debt-to-Equity ratio is 0.81 whereas as Long-Term Debt/Eq ratio is at 0.77.
On December 12, 2024, Goldman Upgraded its rating to Neutral which previously was Sell and also upped its target price recommendation from $55 to $69.
RBC Capital Mkts Upgraded its Sector Perform to Outperform on November 22, 2024, whereas the target price for the stock was revised from $57 to $69.
Valuation Measures:
As of this moment, Flowserve’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.23, and their Forward P/E ratio for the next fiscal year is 13.12. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.56. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.34 while its Price-to-Book (P/B) ratio in mrq is 2.99.
Stock Price History:
Over the past 52 weeks, FLS has reached a high of $65.08, while it has fallen to a 52-week low of $37.34. The 50-Day Moving Average of the stock is 0.95%, while the 200-Day Moving Average is calculated to be -11.16%.
Shares Statistics:
A total of 131.18M shares are outstanding, with a floating share count of 129.94M. Insiders hold about 0.61% of the company’s shares, while institutions hold 95.98% stake in the company.
