Alpine Woods Capital Investors LLC lowered its position in shares of Flowserve Co. (NYSE:FLS – Free Report) by 23.3% in the first quarter, Holdings Channel.com reports. The fund owned 63,832 shares of the industrial products company’s stock after selling 19,421 shares during the quarter. Alpine Woods Capital Investors LLC’s holdings in Flowserve were worth $2,170,000 […]
Flowserve (NYSE:FLS – Free Report) had its price objective increased by Morgan Stanley from $41.00 to $43.00 in a report issued on Thursday morning, Benzinga reports. The brokerage currently has an equal weight rating on the industrial products company’s stock. A number of other research firms have also issued reports on FLS. Royal Bank of […]
Flowserve (NYSE:FLS – Get Free Report) had its price objective lifted by research analysts at Royal Bank of Canada from $40.00 to $42.00 in a note issued to investors on Thursday, Marketbeat reports. The firm presently has a “sector perform” rating on the industrial products company’s stock. Royal Bank of Canada’s price target suggests a […]
Flowserve (NYSE:FLS – Get Free Report) issued an update on its FY23 earnings guidance on Tuesday morning. The company provided EPS guidance of $1.85-2.00 for the period, compared to the consensus EPS estimate of $1.82. The company issued revenue guidance of $4.19-4.27 billion, compared to the consensus revenue estimate of $4.05 billion. Flowserve also updated […]
Flowserve (NYSE:FLS – Get Free Report) posted its quarterly earnings results on Tuesday. The industrial products company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.12, Briefing.com reports. Flowserve had a return on equity of 11.94% and a net margin of 5.98%. The business had revenue of […]