Morgan Stanley reiterated coverage on Flowserve with a new price target
$FLS
Fluid Controls
Industrials
Morgan Stanley reiterated coverage of Flowserve with a rating of Equal-Weight and set a new price target of $35.00 from $38.00 previously
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/22/2024 | $57.00 → $69.00 | Sector Perform → Outperform | RBC Capital Mkts |
| 10/18/2024 | $65.00 | Buy | Jefferies |
| 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 |
RBC Capital Mkts upgraded Flowserve from Sector Perform to Outperform and set a new price target of $69.00 from $57.00 previously
Jefferies resumed coverage of Flowserve with a rating of Buy and set a new price target of $65.00
Jefferies upgraded Flowserve from Hold to Buy and set a new price target of $50.00 from $40.00 previously
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) ("Flowserve" or the "Company"), a leading provider of flow control products and services for the global infrastructure markets, announced today its participation in the following upcoming investor events: On November 7, Flowserve will host an investor reception in New York City. Scott Rowe, President and Chief Executive Officer, and other members of management will be present. Attendance for this event requires pre-registration, as space at the venue is limited. For members of the financial community interested in attending in person or for additional information on the event, please contact Flowserve's Investor Relations team. Related presentation materia
Bookings of $1.20 billion, an increase of 12.7% compared to prior year, including $615 million of aftermarket activity and record levels of 3D strategy bookings Power bookings increased nearly 30% year-over-year, including over $100 million in nuclear awards during the third quarter Adjusted Gross and Operating Margins1 of 32.4% and 11.1%, respectively, an increase of 270 and 240 basis points compared to prior year period Third quarter Reported and Adjusted2 Earnings Per Share (EPS)3 of 44 cents and 62 cents, an increase of 26% and 24%, respectively, and both include a 7 cent unfavorable impact from a discrete charge for certain long-term liabilities Generated strong operating cash
Flowserve Corporation (NYSE:FLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that it plans to release its third quarter 2024 results after the close of the New York Stock Exchange (NYSE) on Monday, October 28. The following morning, on Tuesday, October 29, the company will hold its conference call with the financial community at 10 a.m. Eastern time. Scott Rowe, President and Chief Executive Officer, and other members of management will present. The earnings materials and webcast of the conference call can be accessed by shareholders and other interested parties on Flowserve's Investors page. About Flowserve Flowserve
4 - FLOWSERVE CORP (0000030625) (Issuer)
4 - FLOWSERVE CORP (0000030625) (Issuer)
4 - FLOWSERVE CORP (0000030625) (Issuer)
SC 13G/A - FLOWSERVE CORP (0000030625) (Subject)
SC 13G/A - FLOWSERVE CORP (0000030625) (Subject)
SC 13G/A - FLOWSERVE CORP (0000030625) (Subject)
Bookings of $1.20 billion, an increase of 12.7% compared to prior year, including $615 million of aftermarket activity and record levels of 3D strategy bookings Power bookings increased nearly 30% year-over-year, including over $100 million in nuclear awards during the third quarter Adjusted Gross and Operating Margins1 of 32.4% and 11.1%, respectively, an increase of 270 and 240 basis points compared to prior year period Third quarter Reported and Adjusted2 Earnings Per Share (EPS)3 of 44 cents and 62 cents, an increase of 26% and 24%, respectively, and both include a 7 cent unfavorable impact from a discrete charge for certain long-term liabilities Generated strong operating cash
Flowserve Corporation (NYSE:FLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that it plans to release its third quarter 2024 results after the close of the New York Stock Exchange (NYSE) on Monday, October 28. The following morning, on Tuesday, October 29, the company will hold its conference call with the financial community at 10 a.m. Eastern time. Scott Rowe, President and Chief Executive Officer, and other members of management will present. The earnings materials and webcast of the conference call can be accessed by shareholders and other interested parties on Flowserve's Investors page. About Flowserve Flowserve
Enhances Flowserve's severe service portfolio targeting key growth sectors in mining, mineral extraction and process industries Demonstrates company's commitment to value-creating, inorganic growth through a disciplined capital allocation approach Flowserve Corporation ("Flowserve") (NYSE:FLS), a leading provider of flow control products and services for the global infrastructure markets, today announced that it has completed the acquisition of MOGAS Industries ("MOGAS"). This transaction helps strengthen Flowserve's presence in mission-critical severe service valves and associated aftermarket services. "We welcome the MOGAS team to Flowserve and look forward to leveraging our industr
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.
8-K - FLOWSERVE CORP (0000030625) (Filer)
10-Q - FLOWSERVE CORP (0000030625) (Filer)
8-K - FLOWSERVE CORP (0000030625) (Filer)