News coverage about Flowserve (NYSE:FLS) has been trending somewhat positive this week, Accern Sentiment reports. The research group rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Flowserve earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned headlines about the industrial products company an impact score of 46.2484328281869 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Here are some of the news stories that may have effected Accern’s rankings:

A number of equities analysts have issued reports on the stock. Royal Bank of Canada reissued a “sell” rating and issued a $39.00 target price on shares of Flowserve in a report on Thursday. Zacks Investment Research cut shares of Flowserve from a “hold” rating to a “sell” rating in a report on Tuesday, January 2nd. Robert W. Baird reissued a “hold” rating and issued a $45.00 target price on shares of Flowserve in a report on Friday, December 15th. Stifel Nicolaus cut Flowserve from a “buy” rating to a “hold” rating and set a $43.00 price target on the stock. in a report on Monday, December 11th. Finally, Goldman Sachs Group cut Flowserve from a “neutral” rating to a “sell” rating and cut their price target for the company from $42.65 to $37.00 in a report on Thursday, December 7th. Four equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have issued a buy rating to the company’s stock. Flowserve has a consensus rating of “Hold” and an average price target of $43.58.

Flowserve (FLS) opened at $43.40 on Monday. The company has a debt-to-equity ratio of 0.85, a current ratio of 2.12 and a quick ratio of 1.30. The stock has a market cap of $5,669.56, a P/E ratio of 33.64, a price-to-earnings-growth ratio of 2.64 and a beta of 1.53. Flowserve has a 12-month low of $37.51 and a 12-month high of $52.10.

Flowserve (NYSE:FLS) last posted its quarterly earnings data on Wednesday, November 1st. The industrial products company reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.03. Flowserve had a net margin of 4.58% and a return on equity of 12.09%. The firm had revenue of $883.38 million for the quarter, compared to analysts’ expectations of $871.20 million. During the same period in the previous year, the company posted $0.52 EPS. The company’s quarterly revenue was down 6.6% compared to the same quarter last year. equities analysts forecast that Flowserve will post 1.37 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 19th. Shareholders of record on Friday, January 5th will be given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 1.75%. The ex-dividend date of this dividend is Thursday, January 4th. Flowserve’s payout ratio is 58.92%.

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Flowserve Company Profile

Flowserve Corporation is a manufacturer and aftermarket service provider of flow control systems. The Company’s segments include Engineered Product Division, Industrial Product Division and Flow Control Division. Its geographic segments include North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Insider Buying and Selling by Quarter for Flowserve (NYSE:FLS)

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