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Flowserve (FLS) has an average rating of overweight and mean price target of $88.50, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Flowserve Keeps Quarterly Dividend at $0.22 a Share, Payable July 10 to Holders of Record June 26
Flowserve (FLS) has an average rating of overweight and mean price target of $93 according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $73.32, Change: $-0.29, Percent Change: -0.39%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:FLS delivered a Q1 beat with adjusted EPS of $0.85 (+18.1% Y/Y), exceeding consensus by $0.05. The beat was driven by sustained margin expansion of 230 bps to 15.1%, resulting from pricing execution and 80/20 efficiency initiatives. However, total sales declined 6.7% due to Middle East headwinds. Bookings showed a favorable mix shift toward higher-margin aftermarket services; aftermarket bookings declined just 1.2% to $680M, while original equipment bookings fell 13% to $468M. Additionally, FLS secured over $110M in nuclear bookings, continuing momentum in this strategic long-cycle market. Management reaffirmed its full-year 2026 adjusted EPS guidance of $4.00-$4.20. It also updated organic sales growth expectations to a range of (1%) to +2%, from the prior +1% to +3% range. The US-Iran conflict created a ~$50M headwind to bookings and a $25M impact to sales, resulting in a $9M reduction in operating income. An unexpected tariff recovery, however, supported the guidance reiteration.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:FLS delivered a Q1 beat with adjusted EPS of $0.85 (+18.1% Y/Y), exceeding consensus by $0.05. The beat was driven by sustained margin expansion of 230 bps to 15.1%, resulting from pricing execution and 80/20 efficiency initiatives. However, total sales declined 6.7% due to Middle East headwinds. Bookings showed a favorable mix shift toward higher-margin aftermarket services; aftermarket bookings declined just 1.2% to $680M, while original equipment bookings fell 13% to $468M. Additionally, FLS secured over $110M in nuclear bookings, continuing momentum in this strategic long-cycle market. Management reaffirmed its full-year 2026 adjusted EPS guidance of $4.00-$4.20. It also updated organic sales growth expectations to a range of (1%) to +2%, from the prior +1% to +3% range. The US-Iran conflict created a ~$50M headwind to bookings and a $25M impact to sales, resulting in a $9M reduction in operating income. An unexpected tariff recovery, however, supported the guidance reiteration.
