Q3 Earnings Forecast for Flowserve Issued By Zacks Research
by Kim Johansen · The Markets DailyFlowserve Corporation (NYSE:FLS – Free Report) – Stock analysts at Zacks Research lowered their Q3 2026 earnings per share (EPS) estimates for Flowserve in a research note issued to investors on Friday, October 16th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings per share of $0.98 for the quarter, down from their prior estimate of $1.01. The consensus estimate for Flowserve’s current full-year earnings is $4.10 per share. Zacks Research also issued estimates for Flowserve’s Q4 2026 earnings at $1.30 EPS, FY2026 earnings at $4.09 EPS, Q3 2027 earnings at $1.19 EPS, Q4 2027 earnings at $1.48 EPS, FY2027 earnings at $4.62 EPS, Q3 2028 earnings at $1.33 EPS and FY2028 earnings at $5.22 EPS.
Several other research firms also recently commented on FLS. Robert W. Baird set a $93.00 price objective on shares of Flowserve in a report on Friday, July 31st. Mizuho reduced their target price on shares of Flowserve from $91.00 to $85.00 and set an “outperform” rating for the company in a research note on Thursday, October 15th. The Goldman Sachs Group set a $82.00 target price on shares of Flowserve in a research note on Thursday, July 30th. Weiss Ratings lowered shares of Flowserve from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, October 6th. Finally, Royal Bank Of Canada dropped their price target on shares of Flowserve from $94.00 to $88.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 14th. Six research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $85.40.
Check Out Our Latest Stock Analysis on FLS
Flowserve Stock Down 0.8%
FLS stock opened at $69.95 on Monday. The stock has a fifty day moving average of $75.46 and a 200-day moving average of $75.23. Flowserve has a fifty-two week low of $50.97 and a fifty-two week high of $92.41. The company has a market capitalization of $8.89 billion, a price-to-earnings ratio of 24.54, a PEG ratio of 1.57 and a beta of 1.23. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.58 and a current ratio of 2.15.
Flowserve (NYSE:FLS – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.09. Flowserve had a return on equity of 21.42% and a net margin of 8.01%. The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.16 billion. During the same quarter in the prior year, the company earned $0.91 EPS. The business’s revenue for the quarter was down 1.6% on a year-over-year basis. Flowserve has set its FY 2026 guidance at 4.050-4.200 EPS.
Flowserve Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, October 9th. Investors of record on Friday, September 25th were paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Friday, September 25th. Flowserve’s payout ratio is presently 30.88%.
Institutional Trading of Flowserve
A number of institutional investors have recently added to or reduced their stakes in FLS. Pension & Wealth Management Advisors Inc. purchased a new stake in Flowserve in the third quarter worth approximately $33,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Flowserve during the second quarter valued at approximately $34,000. Global Retirement Partners LLC bought a new position in Flowserve during the second quarter valued at approximately $38,000. Keating Financial Advisory Services Inc. purchased a new position in shares of Flowserve during the second quarter worth approximately $48,000. Finally, Trust Co. of Vermont purchased a new position in shares of Flowserve during the second quarter worth approximately $67,000. Hedge funds and other institutional investors own 93.93% of the company’s stock.
About Flowserve
Flowserve Corporation is a global manufacturer of flow-control equipment and related services. The company designs, produces and services pumps, valves, mechanical seals and associated systems used to move, control and protect fluids in industrial processes.
Its products and services support applications across the energy, chemical and petrochemical, water, pharmaceutical, mining, power and general industrial markets. Flowserve also provides aftermarket services, including equipment repair, maintenance, upgrades and replacement parts, helping customers improve the reliability and efficiency of their operations.
Headquartered in Irving, Texas, Flowserve serves customers through manufacturing, sales and service operations in North America, Europe, Asia and other international markets.
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