Flowserve Corporation (NYSE:FLS) went up by 7.78% from its latest closing price when compared to the 1-year high value of $54.16 and move down -135.48%, while FLS stocks collected +13.24% of gains with the last five trading sessions. Press Release reported on 02/26/20 that G.research 30(th) Annual Pump, Valve & Water Systems Symposium
Flowserve Corporation (NYSE:FLS) Worth an Investment?
Flowserve Corporation (NYSE: FLS) scored price to earnings ratio above its average ratio, recording 11.94 times of increase in earnings at the present.
FLS Market Performance
FLS stocks went up by 13.24% for the week, with the monthly drop of -44.90% and a quarterly performance of -54.26%, while its annual performance rate touched -47.94%. The simple moving average for the period of the last 20 days is -24.39% for FLS stocks with the simple moving average of -50.12% for the last 200 days.
Analysts’ Opinion on Flowserve Corporation (NYSE:FLS)
Many brokerage firms have already submitted their reports for FLS stocks, with Vertical Research repeating the rating for FLS shares by setting it to “Buy”. The predicted price for FLS socks in the upcoming period according to Vertical Research is $7 based on the research report published on January 8, 2020.
BofA/Merrill, on the other hand, stated in their research note that they expect to see FLS stock at the price of $7. The rating they have provided for FLS stocks is “Underperform” according to the report published on December 17, 2019.
Credit Suisse gave “ Outperform” rating to FLS stocks, setting the target price at $7 in the report published on August 2, 2019.
FLS Stocks -43.53% Far from 50 Day Moving Average
After a stumble in the market that brought FLS to its low price for the period of the last 52 weeks, Flowserve Corporation was unable to take a rebound, for now settling with -57.53% of loss for the given period.
The stock volatility was left at 8.95%, however, within the period of a single month, the volatility rate increased by 9.71%, while the shares sank at the distance of -44.67% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -53.90% lower at the present time.
In the course of the last 5 trading sessions, FLS went up by +13.24%, which changed the moving average for the period of 200 days to the total of -53.46% of losses for the stock in comparison to the 20-day moving average settled at $29.49. In addition, Flowserve Corporation saw -53.79% in overturn over the period of a single year with a tendency to cut further losses.
FLS Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Flowserve Corporation (FLS), starting from Chowbey Sanjay, who bought 500 shares at the price of $30.38 back on Mar 09. After this action, Rushing now owns 850 shares of Flowserve Corporation, valued at $15,190 with the latest closing price.
Wilson Kirk, the President, FCD of Flowserve Corporation, sold 3,239 shares at the value of $40.63 during a trade that took place back on Mar 03, which means that Wilson Kirk is holding 37,028 shares at the value of $131,591 based on the most recent closing price.
FLS Stock Fundamentals
The current profitability levels are settled at +10.94 for the present operating margin and +33.27 for gross margin. The net margin for Flowserve Corporation stands at +6.43. Equity return holds the value 14.60%, with 5.20% for asset returns.