The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
In the latest session, Flowserve Corp (NYSE: FLS) closed at $50.84 up 0.75% from its previous closing price of $50.46. In other words, the price has increased by $0.75 from its previous closing price. On the day, 2.33 million shares were traded.
Ratios:
For a deeper understanding of Flowserve Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.45. For the most recent quarter (mrq), Quick Ratio is recorded 1.41 and its Current Ratio is at 1.97. In the meantime, Its Debt-to-Equity ratio is 0.84 whereas as Long-Term Debt/Eq ratio is at 0.80.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Goldman on December 12, 2024, Upgraded its rating to Neutral and sets its target price to $69 from $55 previously.
On November 22, 2024, RBC Capital Mkts Upgraded its rating to Outperform which previously was Sector Perform and also upped its target price recommendation from $57 to $69.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 23 ’24 when Rowe Robert Scott sold 57,731 shares for $49.24 per share. The transaction valued at 2,842,583 led to the insider holds 349,512 shares of the business.
Rowe Robert Scott sold 42,269 shares of FLS for $2,112,605 on May 22 ’24. The President & CEO now owns 407,243 shares after completing the transaction at $49.98 per share.
Valuation Measures:
As of this moment, Flowserve’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.75, and their Forward P/E ratio for the next fiscal year is 13.67. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.47 while its Price-to-Book (P/B) ratio in mrq is 3.32.
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 $41.94. The 50-Day Moving Average of the stock is -14.63%, while the 200-Day Moving Average is calculated to be -5.17%.
Shares Statistics:
A total of 131.10M shares are outstanding, with a floating share count of 130.98M. Insiders hold about 0.58% of the company’s shares, while institutions hold 95.85% stake in the company.
