Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
After finishing at $39.49 in the prior trading day, Flowserve Corp (NYSE: FLS) closed at $44.61, up 12.97%. In other words, the price has increased by $12.97 from its previous closing price. On the day, 2.57 million shares were traded. FLS stock price reached its highest trading level at $45.1 during the session, while it also had its lowest trading level at $38.53.
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 8.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.06. For the most recent quarter (mrq), Quick Ratio is recorded 1.41 and its Current Ratio is at 1.98. In the meantime, Its Debt-to-Equity ratio is 0.84 whereas as Long-Term Debt/Eq ratio is at 0.80.
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.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FLS now has a Market Capitalization of 5877144576 and an Enterprise Value of 6335223296. As of this moment, Flowserve’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.88, and their Forward P/E ratio for the next fiscal year is 12.10. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.31. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.29 while its Price-to-Book (P/B) ratio in mrq is 2.91. Its current Enterprise Value per Revenue stands at 1.39 whereas that against EBITDA is 10.648.
Stock Price History:
The Beta on a monthly basis for FLS is 1.26, which has changed by -0.052665114 over the last 52 weeks, in comparison to a change of 0.049593568 over the same period for the S&P500. 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 -16.73%, while the 200-Day Moving Average is calculated to be -16.70%.
Shares Statistics:
The stock has traded on average 1.56M shares per day over the past 3-months and 1722570 shares per day over the last 10 days, according to various share statistics. A total of 131.10M shares are outstanding, with a floating share count of 130.88M. Insiders hold about 0.60% of the company’s shares, while institutions hold 95.86% stake in the company. Shares short for FLS as of 1741910400 were 1812545 with a Short Ratio of 1.16, compared to 1739491200 on 2172839. Therefore, it implies a Short% of Shares Outstanding of 1812545 and a Short% of Float of 1.7399999999999998.
Dividends & Splits
In the trailing 12 months, FLS’s forward annual dividend rate was 0.84, compared to 0.84 this year. Against a Trailing Annual Dividend Yield of 0.021271206The stock’s 5-year Average Dividend Yield is 2.21. The current Payout Ratio is 39.32% for FLS, which recently paid a dividend on 2025-03-28 with an ex-dividend date of 1743120000. Stock splits for the company last occurred on 2013-06-24 when the company split stock in a 3:1 ratio.
