Date | Price Target | Rating | Analyst |
---|---|---|---|
9/26/2023 | $40.00 → $50.00 | Hold → Buy | Jefferies |
1/30/2023 | $33.00 → $40.00 | Neutral → Buy | BofA Securities |
9/15/2022 | $38.00 → $31.00 | Outperform → Neutral | Credit Suisse |
7/11/2022 | $31.00 | Underperform → Neutral | BofA Securities |
2/25/2022 | $40.00 → $38.00 | Outperform | Credit Suisse |
2/25/2022 | $35.00 → $32.00 | Equal-Weight | Morgan Stanley |
2/25/2022 | $34.00 → $35.00 | Neutral → Buy | Mizuho |
1/14/2022 | $38.00 → $35.00 | Equal-Weight | Morgan Stanley |
SC 13G/A - FLOWSERVE CORP (0000030625) (Subject)
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SC 13G/A - FLOWSERVE CORP (0000030625) (Subject)
Flowserve Corporation ("Flowserve") (NYSE:FLS), a leading provider of flow control products and services for the global infrastructure markets, has acquired the intellectual property and in-process R&D related to cryogenic Liquefied Natural Gas (LNG) submerged pump technology, systems and packaging from NexGen Cryogenic Solutions, Inc. ("NexGen Cryo"), a privately held, Arizona-based company specialized in the engineering, design and testing of LNG pumps and turbines.Transaction DetailsThe technology acquisition closed during the third quarter of 2024. The purchase price and associated expenses are expected to reduce adjusted earnings per share by $0.05 in Flowserve's 2024 third quarter. Nex
Ratings for Flowserve (NYSE:FLS) were provided by 8 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 7 0 1 0 0 Last 30D 1 0 0 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 6 0 1 0 0 Insights from analysts' 12-month price targets are revealed, presenting an average target of $56.0, a high estimate of $59.00, and a low estimate of $53.00. Observing a 9.8% increase, the current average has risen from t
Stifel analyst Nathan Jones maintains Flowserve (NYSE:FLS) with a Buy and raises the price target from $55 to $58.
Flowserve Corp. (NYSE:FLS) (the "Company"), a leading provider of flow control products and services for the global infrastructure markets, held its virtual 2024 Annual Meeting of Shareholders on May 16, 2024. Concerning the official business of the meeting, the Company announced that its shareholders elected Sujeet Chand, Ruby R. Chandy, Gayla J. Delly, John L. Garrison, Cheryl H. Johnson, Michael C. McMurray, Thomas B. Okray, David E. Roberts, R. Scott Rowe, Kenneth I. Siegel, and Carlyn R. Taylor to the Company's Board of Directors, each to serve an annual term expiring at the 2025 Annual Meeting of Shareholders. Biographies for all members of the Board can be found in the Company's
Experienced CFO primed to take on new opportunities with zero-emissions trucking and hydrogen infrastructure solutions PHOENIX, March 4, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, today announced the appointment of an accomplished and highly regarded financial executive, Thomas "Tom" B. Okray, who has joined the company's executive team as Chief Financial Officer (CFO). "We are proud to welcome Tom as our CFO. Attracting someone of his caliber is a
Monro, Inc. (NASDAQ:MNRO), a leading provider of automotive undercar repair and tire services, today announced that Thomas B. Okray has been appointed to the Company's Board of Directors, effective immediately. Mr. Okray will serve on the Executive Committee. Mr. Okray is a seasoned executive with significant financial and operational expertise in the auto industry and broader industrials segment, including a 26-year tenure at General Motors and subsequent senior finance roles at Amazon.com, Inc., Advance Auto Parts, Inc. and W.W. Grainger, Inc. He most recently served as Chief Financial Officer of Eaton Corporation, a global intelligent power management company. Robert E. Mellor, Chair
Flowserve Corporation (NYSE:FLS), a leading provider of flow control products and services for the global infrastructure markets, announced that its Board of Directors has authorized a quarterly cash dividend of $0.21 per share on the company's outstanding shares of common stock. The dividend is payable on October 11, 2024, to shareholders of record as of the close of business on September 27, 2024. While Flowserve currently intends to pay regular quarterly cash dividends for the foreseeable future, any future dividends, at this $0.21 per share rate or otherwise, will be reviewed individually and declared by the Board of Directors at its discretion. About Flowserve: Flowserve Corporat
Strategically expands severe service flow control offering in attractive mining, mineral extraction and process industries Highly complementary product and service offering with large installed base that meaningfully enhances Flowserve's aftermarket opportunity Attractive upfront purchase multiple of approximately 7.5x MOGAS' 2024E adjusted EBITDA which is expected to reduce further with synergy realization Transaction expected to be adjusted Earnings Per Share (EPS) accretive in the first full year following close Flowserve Corporation ("Flowserve") (NYSE:FLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that
Second quarter Reported and Adjusted1 Earnings Per Share (EPS)2 of 55 cents and 73 cents, an increase of 41% and 40%, respectively, driven by strong operational execution Bookings of $1.25 billion were the highest quarterly level since 2014 and includes record aftermarket activity of more than $610 million Adjusted Gross and Operating Margins3 of 32.3% and 12.5%, respectively, increased 200 and 210 basis points compared to prior year Raised full-year 2024 Adjusted EPS guidance4 to $2.60 to $2.75 Flowserve Corporation (NYSE:FLS), a leading provider of flow control products and services for the global infrastructure markets, today announced its financial results for the second
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Jefferies upgraded Flowserve from Hold to Buy and set a new price target of $50.00 from $40.00 previously
BofA Securities upgraded Flowserve from Neutral to Buy and set a new price target of $40.00 from $33.00 previously
Credit Suisse downgraded Flowserve from Outperform to Neutral and set a new price target of $31.00 from $38.00 previously
Flowserve Corporation (NYSE:FLS), a leading provider of flow control products and services for the global infrastructure markets, announced that its Board of Directors has authorized a quarterly cash dividend of $0.21 per share on the company's outstanding shares of common stock. The dividend is payable on October 11, 2024, to shareholders of record as of the close of business on September 27, 2024. While Flowserve currently intends to pay regular quarterly cash dividends for the foreseeable future, any future dividends, at this $0.21 per share rate or otherwise, will be reviewed individually and declared by the Board of Directors at its discretion. About Flowserve: Flowserve Corporat
Second quarter Reported and Adjusted1 Earnings Per Share (EPS)2 of 55 cents and 73 cents, an increase of 41% and 40%, respectively, driven by strong operational execution Bookings of $1.25 billion were the highest quarterly level since 2014 and includes record aftermarket activity of more than $610 million Adjusted Gross and Operating Margins3 of 32.3% and 12.5%, respectively, increased 200 and 210 basis points compared to prior year Raised full-year 2024 Adjusted EPS guidance4 to $2.60 to $2.75 Flowserve Corporation (NYSE:FLS), a leading provider of flow control products and services for the global infrastructure markets, today announced its financial results for the second
Flowserve Corporation ("Flowserve") (NYSE:FLS), a leading provider of flow control products and services for the global infrastructure markets, has acquired the intellectual property and in-process R&D related to cryogenic Liquefied Natural Gas (LNG) submerged pump technology, systems and packaging from NexGen Cryogenic Solutions, Inc. ("NexGen Cryo"), a privately held, Arizona-based company specialized in the engineering, design and testing of LNG pumps and turbines. NexGen Cryo's pump and cold energy recovery turbine (CERT) technology for the liquefaction, shipping and regasification markets is expected to meaningfully differentiate and expand Flowserve's LNG product portfolio and compl