In a report released yesterday, Bryan Blair from Oppenheimer maintained a Hold rating on Flowserve Corp (FLS). The company’s shares closed yesterday at $47.56.
According to TipRanks.com, Blair is a 4-star analyst with an average return of 8.0% and a 68.3% success rate. Blair covers the Industrial Goods sector, focusing on stocks such as Carlisle Companies Incorporated, Lincoln Electric Holdings, and Watts Water Technologies.
The word on The Street in general, suggests a Hold analyst consensus rating for Flowserve Corp.
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Based on Flowserve Corp’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $63.1 million. In comparison, last year the company had a net profit of $15.14 million.
Based on the recent corporate insider activity of 28 insiders, corporate insider sentiment is negative on the stock.
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Flowserve Corp. engages in the manufacture and provision of aftermarket service for comprehensive flow control systems. It operates through the following segments: Engineered Product Division, Industrial Product Division, and Flow Control Division.
