Latest news with #FlowserveCorporation
Yahoo
3 days ago
- Business
- Yahoo
Why Flowserve Corporation (FLS) Crashed On Wednesday
We recently published a list of . In this article, we are going to take a look at where Flowserve Corporation (NYSE:FLS) stands against other worst-performing stocks on Wednesday. Flowserve dropped its share prices by 6.16 percent on Wednesday to end at $47.41 apiece following plans to merge with Chart Industries, Inc. (NYSE: GTLS) for a transaction value of $19 billion. Under the agreement, Chart shareholders will receive 3.165 shares of Flowserve Corporation (NYSE:FLS) common stock for each share of Chart common stock owned. A group of industrial workers in coveralls operating a large scale pump system in a factory. Following the closing of the transaction, Chart shareholders will own approximately 53.5 percent and Flowserve Corporation (NYSE:FLS) shareholders will own approximately 46.5 percent of the merger company, on a fully diluted basis. 'The merger will create a differentiated leader with the scale and resilience to meet the significant demand for comprehensive industrial process technologies and services,' said Flowserve Corporation (NYSE:FLS) President and CEO Scott Rowe. 'Chart's and Flowserve's highly complementary businesses will strengthen our ability to meet our customers' needs, empower innovation and drive long-term, sustainable growth,' he added. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Business Wire
08-05-2025
- Business
- Business Wire
The Power of Purpose: Flowserve Releases 2024 ESG Report
DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, has released its 2024 ESG Report highlighting The Power of Purpose. The report shares how Flowserve's operational framework, the Flowserve Business System, is enabling progress in its ESG focus areas of Climate, Culture and Core Responsibility, while working in tandem with its 3D growth strategy to help achieve the enterprise and sustainability goals of its customers. The report also spotlights how Flowserve's purpose comes to life through the power of its product and manufacturing innovations, its people and its global community impact program. The Flowserve Business System is enabling Flowserve's progress in its ESG focus areas of Climate, Culture and Core Responsibility, while working in tandem with its 3D strategy. 'With our decarbonization, diversification and digitization bookings growing in 2024, our 3D growth strategy has proven to be the right approach to deliver results,' said Flowserve President and Chief Executive Officer Scott Rowe. 'As we continue to put the Flowserve Business System into action, we're energized by the opportunity to create long-term, sustainable value for our customers, associates, shareholders and the world at large.' The report is accessible on the company's website at The Power of Purpose. For more information on Flowserve's ESG activities, visit the ESG page on About Flowserve: Flowserve Corp. is one of the world's leading providers of fluid motion and control products and services. Operating in more than 50 countries, the company produces engineered and industrial pumps, seals and valves as well as a range of related flow management services. More information about Flowserve can be obtained by visiting the company's Web site at Safe Harbor Statement: This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Words or phrases such as, "may," "should," "expects," "could," "intends," "plans," "anticipates," "estimates," "believes," "forecasts," "predicts" or other similar expressions are intended to identify forward-looking statements, which include, without limitation, earnings forecasts, statements relating to our business strategy and statements of expectations, beliefs, future plans and strategies and anticipated developments concerning our industry, business, operations and financial performance and condition. The forward-looking statements included in this news release are based on our current expectations, projections, estimates and assumptions. These statements are only predictions, not guarantees. Such forward-looking statements are subject to numerous risks and uncertainties that are difficult to predict. These risks and uncertainties may cause actual results to differ materially from what is forecast in such forward-looking statements, and include, without limitation, the following: global supply chain disruptions and the current inflationary environment could adversely affect the efficiency of our manufacturing and increase the cost of providing our products to customers; a portion of our bookings may not lead to completed sales, and our ability to convert bookings into revenues at acceptable profit margins; changes in global economic conditions and the potential for unexpected cancellations or delays of customer orders in our reported backlog; our dependence on our customers' ability to make required capital investment and maintenance expenditures; if we are not able to successfully execute and realize the expected financial benefits from any restructuring and realignment initiatives, our business could be adversely affected; the substantial dependence of our sales on the success of the energy, chemical, power generation and general industries; the adverse impact of volatile raw materials prices on our products and operating margins; economic, political and other risks associated with our international operations, including military actions, trade embargoes, epidemics or pandemics and changes to tariffs or trade agreements that could affect customer markets, particularly North African, Latin American, Asian and Middle Eastern markets and global oil and gas producers, and non-compliance with U.S. export/re-export control, foreign corrupt practice laws, economic sanctions and import laws and regulations; the impact of public health emergencies, such as outbreaks of epidemics, pandemics, and contagious diseases, on our business and operations; increased aging and slower collection of receivables, particularly in Latin America and other emerging markets; potential adverse effects resulting from the implementation of new tariffs and related retaliatory actions and changes to or uncertainties related to tariffs and trade agreements; our exposure to fluctuations in foreign currency exchange rates, including in hyperinflationary countries such as Argentina; potential adverse consequences resulting from litigation to which we are a party, such as litigation involving asbestos-containing material claims; expectations regarding acquisitions and the integration of acquired businesses; the potential adverse impact of an impairment in the carrying value of goodwill or other intangible assets; our dependence upon third-party suppliers whose failure to perform timely could adversely affect our business operations; the highly competitive nature of the markets in which we operate; if we are not able to maintain our competitive position by successfully developing and introducing new products and integrate new technologies, including artificial intelligence and machine learning; environmental compliance costs and liabilities; potential work stoppages and other labor matters; access to public and private sources of debt financing; our inability to protect our intellectual property in the United States, as well as in foreign countries; obligations under our defined benefit pension plans; our internal control over financial reporting may not prevent or detect misstatements because of its inherent limitations, including the possibility of human error, the circumvention or overriding of controls, or fraud; the recording of increased deferred tax asset valuation allowances in the future or the impact of tax law changes on such deferred tax assets could affect our operating results; our information technology infrastructure could be subject to service interruptions, data corruption, cyber-based attacks or network security breaches, which could disrupt our business operations and result in the loss of critical and confidential information; ineffective internal controls could impact the accuracy and timely reporting of our business and financial results; and other factors described from time to time in our filings with the Securities and Exchange Commission. All forward-looking statements included in this news release are based on information available to us on the date hereof, and we assume no obligation to update any forward-looking statement.
Yahoo
07-05-2025
- Business
- Yahoo
Flowserve's (NYSE:FLS) Earnings May Just Be The Starting Point
When companies post strong earnings, the stock generally performs well, just like Flowserve Corporation's (NYSE:FLS) stock has recently. We have done some analysis, and we found several positive factors beyond the profit numbers. Our free stock report includes 1 warning sign investors should be aware of before investing in Flowserve. Read for free now. NYSE:FLS Earnings and Revenue History May 7th 2025 How Do Unusual Items Influence Profit? Importantly, our data indicates that Flowserve's profit was reduced by US$79m, due to unusual items, over the last year. While deductions due to unusual items are disappointing in the first instance, there is a silver lining. When we analysed the vast majority of listed companies worldwide, we found that significant unusual items are often not repeated. And, after all, that's exactly what the accounting terminology implies. Assuming those unusual expenses don't come up again, we'd therefore expect Flowserve to produce a higher profit next year, all else being equal. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. Our Take On Flowserve's Profit Performance Because unusual items detracted from Flowserve's earnings over the last year, you could argue that we can expect an improved result in the current quarter. Based on this observation, we consider it likely that Flowserve's statutory profit actually understates its earnings potential! Better yet, its EPS are growing strongly, which is nice to see. The goal of this article has been to assess how well we can rely on the statutory earnings to reflect the company's potential, but there is plenty more to consider. So if you'd like to dive deeper into this stock, it's crucial to consider any risks it's facing. You'd be interested to know, that we found 1 warning sign for Flowserve and you'll want to know about it. Today we've zoomed in on a single data point to better understand the nature of Flowserve's profit. But there are plenty of other ways to inform your opinion of a company. For example, many people consider a high return on equity as an indication of favorable business economics, while others like to 'follow the money' and search out stocks that insiders are buying. While it might take a little research on your behalf, you may find this free collection of companies boasting high return on equity, or this list of stocks with significant insider holdings to be useful. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
17-04-2025
- Business
- Yahoo
Flowserve Corporation (FLS): Among Louis Navellier's New Stock Picks
We recently published a list of . In this article, we are going to take a look at where Flowserve Corporation (NYSE:FLS) stands against other Louis Navellier's new stock picks. Navellier & Associates is an independent money management firm founded in 1987 by renowned growth analyst Louis Navellier. Based in Reno, Nevada, the firm has more than thirty years of experience serving both individual and institutional clients through a disciplined, style-consistent investment approach. The firm's mission is to maximize returns while managing excessive risk, offering customized portfolio strategies that incorporate a proprietary blend of quantitative and fundamental analysis. Navellier's investment philosophy centers around identifying and exploiting inefficiencies in the market to uncover high-potential growth stocks. Unlike market indexes and firms that mimic market indexes, Navellier & Associates focuses on outperforming them, resulting in portfolios with low correlation to benchmarks, increased diversification, and reduced risk. At the heart of Navellier's investment process is a rigorous three-step, bottom-up stock selection methodology. The first step involves applying a proprietary quantitative screening process to evaluate market and individual stock statistics, specifically measuring reward through alpha and risk through standard deviation. This process narrows the investment options to stocks that rank in the upper percentiles for their risk/reward metrics. In the second step, fundamental analysis is used to identify stocks with exceptional profit margins, robust earnings growth, and forward-looking, reasonable price-to-earnings ratios. Finally, a proprietary optimization model allocates stocks within the portfolio to maximize alpha while minimizing volatility, ensuring that each portfolio is well-diversified across multiple sectors and industries. These strategies are particularly well-suited for long-term investors seeking steady returns in both bull and bear markets. Louis Navellier himself brings over three decades of expertise to the firm. Since 1980, he has published quantitative research on growth stocks and remains a leading voice in the investment community. As the Founder, Chairman, Chief Investment Officer, and Chief Compliance Officer of Navellier & Associates, he continues to oversee the same portfolios he helped launch. His investment insights have earned him frequent appearances on CNBC, Fox Business News, and regular quotes in leading financial outlets such as Bloomberg and MarketWatch. He has been featured in major publications like Forbes, Fortune, Barron's, and The Wall Street Journal, and profiled in books such as Secrets of the Investment All-Stars and Investing Under Fire. Today, the firm manages over $1 billion in private and institutional accounts and remains a sought-after resource for high-net-worth individuals and institutions alike. Navellier & Associates offers tailored portfolio reviews, designed to help clients make sound financial decisions aligned with their preferences, individual goals, and risk tolerance. These reviews include a comprehensive portfolio analysis, risk assessment, and personalized investment recommendations. Portfolios managed by Navellier range from $100,000 to over $100 million, and all recommendations are made on a person-by-person basis. This level of customization underscores the firm's belief that every investor is unique and deserves a strategy that reflects their personal financial objectives. In addition to its financial expertise, the Navellier team is composed of passionate professionals who share common interests and life goals with their clients. From hiking and skiing to golfing and parenting, the firm's staff brings a personal touch to its services, fostering genuine connections with investors. Navellier & Associates is deeply committed to providing not only top-tier financial management but also exceptional client service, innovative investment tools, and cutting-edge market research. With a homegrown foundation and a global outlook, Navellier continues to help clients achieve long-term financial security through disciplined, adaptive, and data-driven investment strategies. As of its most recent 13F filing for the fourth quarter of 2024, Navellier & Associates reported managing approximately $834 million in securities. The firm's top ten holdings account for 29.42% of this portfolio, reflecting its concentrated yet carefully optimized investment strategy grounded in systematic analysis and decades of market experience. We searched through Navellier & Associates' Q4 2024 13F filings to identify the new stock picks that the firm invested in during the fourth quarter of the year. From the resultant data, we ranked the equities based on the hedge fund's stake value in each holding. Additionally, we have mentioned the hedge fund sentiment around each stock using data from 1,009 hedge funds tracked by Insider Monkey in the fourth quarter of 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A group of industrial workers in coveralls operating a large scale pump system in a factory. Flowserve Corporation (NYSE:FLS) is an American multinational company and one of the largest global suppliers of industrial and environmental machinery such as pumps, valves, mechanical seals, automation systems, and related services. The company serves the power, oil and gas, chemicals, and other process industries, offering machinery, equipment, and solutions that support industrial operations. With a market capitalization of $8.35 billion, Flowserve boasts a strong market position and operational resilience. As one of Louis Navellier's new stock picks, the hedge fund currently owns 38,441 shares in Flowserve Corporation (NYSE:FLS), with a stake of $2.21 million. For its most recent quarterly financial report for the period ending December 2024, Flowserve Corporation (NYSE:FLS) reported earnings of $0.70 per share, falling short of the consensus estimate of $0.77. Although it missed expectations by 9%, the Q4 2024 EPS reflects a modest increase from the $0.68 per share reported in the same quarter a year earlier. Flowserve missed expectations in the prior quarter too, posting earnings of $0.62 per share against a projected $0.67. Revenue for the quarter stood at $1.18 billion, missing analysts' estimates of $1.21 billion by 2.5%, yet higher than the $1.17 billion reported in the same quarter of the previous year. Over the last four quarters, Flowserve Corporation (NYSE:FLS) has surpassed consensus revenue estimates three times, reflecting a consistent top-line performance amid market challenges. The company maintains a healthy current ratio of 1.99, highlighting its solid liquidity position and effective financial management, which continue to support its operational capabilities and shareholder returns. Flowserve Corporation (NYSE:FLS) recently announced significant changes to its board of directors and bylaws. According to a recent SEC filing, the company's Corporate Governance and Nominating Committee accepted the resignation of director Carlyn R. Taylor. Following Taylor's resignation, the board of directors approved an amendment to the company's bylaws, reducing the number of directors from eleven to ten. Additionally, Flowserve Corporation (NYSE:FLS) reinforced its commitment to returning value to shareholders by declaring a quarterly cash dividend of $0.21 per share, reflecting the company's focus on delivering consistent value to its investors. Artisan Small Cap Fund stated the following regarding Flowserve Corporation (NYSE:FLS) in its Q4 2024 : 'During the quarter, we initiated new GardenSM positions in VSE, Flowserve Corporation (NYSE:FLS) and Integer Holdings. Flowserve is a leading provider of fluid motion and control products and services. The company designs, manufactures and services a wide range of pumps, valves, seals, automation solutions and related systems for industries that require the management and transfer of fluids. As we highlight in the Stewardship Update section later in this letter, we believe the company is in a good position to benefit from rising natural gas production that is being driven by rising baseload power needs for data centers. And within the oil end market, a loosening of regulatory policies could increase production demands.' Overall, FLS ranks 10th on our list of Louis Navellier's new stock picks. While we acknowledge the potential of FLS, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than FLS but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
29-03-2025
- Business
- Yahoo
Why Are Analysts Bullish on Flowserve Corporation (FLS) for 2025?
We recently published a list of the Analysts Are Bullish On These 10 Stocks For 2025, Here's Why. In this article, we are going to take a look at where Flowserve Corporation (NYSE:FLS) stands against the other stocks that analysts are bullish for 2025. US stocks registered a great start to the week with the S&P 500 index registering a gain of 100 points to close at +1.76%. The Nasdaq index, which had taken a beating recently, also registered a 2.2% gain. The renewed optimism comes as analysts price in rather moderate tariffs, much more lenient than originally thought. Wall Street analysts continuously evaluate stocks based on recent earnings, market outlook, and economic trends. When they find a stock with a potential upside, they adjust their rating accordingly. 2025 has started off with extreme volatility but analyst upgrades continue to provide investors with a reliable source to pick up their next stock for the year. We decided to look at what stocks the analysts are looking at and why they are bullish on these stocks. We then looked at the catalysts that could trigger this upside and came up with this list. For this top 10 list, we only considered stocks with a market cap of at least $5 billion. A group of industrial workers in coveralls operating a large scale pump system in a factory. Flowserve Corporation (NYSE:FLS) is a designer, manufacturer, distributor, and supporter of industrial flow management equipment. The company operates through the Flow Control Division (FCD) and Flowserve Pump Division (FPD) segments. Analysts at financial services firm Baird upgraded Flowserve (NYSE:FLS) from Neutral to Outperform and assigned it a target price of $71. They think FLS's current valuation does not fully represent its growth potential. A 530-550 basis point improvement in margins by 2027 could significantly change the company's profitability. This margin improvement is driven by steady revenue growth, strategic initiatives aimed at enhanced operational efficiency, sustainable pricing, and a strong backlog. The research firm predicts revenue growth to remain strong, fueled by the consistent demand: "Flowserve's improving free cash flow conversion and growing track record of operational execution further strengthen the bullish case. The company's long-term adjusted EBIT margin target of about 16% is increasingly achievable with additional upside potential.' Flowserve (NYSE:FLS) presented a positive future outlook of the company based on the recent Q4 2024 results. As per the guidance, the company forecasts 3% to 5% organic sales growth in 2025. The anticipated adjusted EPS for 2025 is $3.10 to $3.30, representing a 22% growth at the midpoint YoY, compared to the previous year's result. Overall, FLS ranks 6th on our list of stocks that analysts are bullish for 2025. While we acknowledge the potential of FLS as a leading investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is as promising as FLS but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at .
