Flowserve Corp. (NYSE: FLS) is 10.80% higher on its value in year-to-date trading and has touched a low of $32.05 and a high of $48.31 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The FLS stock was last observed hovering at around $46.38 in the last trading session, with the day’s loss setting it -0.71%.
Currently trading at $45.67, the stock is -1.57% and 3.55% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.06 million and changing -1.53% at the moment leaves the stock 13.85% off its SMA200. FLS registered 35.68% gain for a year compared to 6-month gain of 17.65%.
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The stock witnessed a 2.51% loss in the last 1 month and extending the period to 3 months gives it a 15.44%, and is -3.81% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.15% over the week and 1.55% over the month.
Flowserve Corp. (FLS) has around 16000 employees, a market worth around $5.99B and $4.32B in sales. Current P/E ratio is 32.27 and Fwd P/E is 15.49. Profit margin for the company is 4.32%. Distance from 52-week low is 42.50% and -5.45% from its 52-week high. The company has generated returns on investments over the last 12 months (5.76%).
The EPS is expected to grow by 21.07% this year
The shares outstanding are 130.91M, and float is at 130.44M with Short Float at 0.96%.
Flowserve Corp. (FLS) Insider Activity
The most recent transaction is an insider sale by Wilson Kirk, the company’s President, FCD. SEC filings show that Wilson Kirk sold 20,000 shares of the company’s common stock on Feb 26 ’24 at a price of $42.12 per share for a total of $0.84 million. Following the sale, the insider now owns 46832.0 shares.
