Is Flowserve Corp (NYSE: FLS) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

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Stocks Info

FLS belongs to the Industrials sector of the NYSE while operating in the Specialty Industrial Machinery industry. The current market capitalization of Flowserve Corp is $7.15B. A total of 1.37 million shares were traded on the day, compared to an average of 1.16M shares.

In the most recent transaction, Rowe Robert Scott sold 57,731 shares of FLS for 49.24 per share on May 23 ’24. After the transaction, the President & CEO now owns 349,512 company shares. In a previous transaction on May 22 ’24, Rowe Robert Scott sold 42,269 shares at 49.98 per share. FLS shares that President & CEO owns now total 407,243.

Among the insiders who sold shares, Wilson Kirk disposed of 20,000 shares on Feb 26 ’24 at a per-share price of $42.12. This resulted in the President, FCD holding 46,832 shares of FLS after the transaction.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Flowserve Corp pays an annual dividend of $0.83, resulting in a dividend yield of 1.55%, and it has a price to earnings (P/E) ratio of 26.45. FLS’s most recent ex-dividend date was 9/27/2024 when it declared a $0.21 quarterly dividend that was paid in cash on 10/11/2024. Previously, the company paid the dividend on 7/12/2024 with an ex-dividend date of 6/28/2024. The FLS stock dividend was $0.21 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, FLS has a high of $55.90 and a low of $35.80.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. FLS’s latest balance sheet shows that the firm has $658.45M in Cash & Short Term Investments as of fiscal 2021. There were $1.50B in debt and $1.13B in liabilities at the time. Its Book Value Per Share was $15.67, while its Total Shareholder’s Equity was $1.84B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for FLS is Buy with a score of 4.09.

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