Market experts has given a mean price target of $46.07 to Flowserve Corporation (NYSE:FLS) stock. The target price is the mean of all calls released by analysts in First Call poll. They have EPS estimate of $0.82 for the near-term quarter and $2.42 for this year.
The technical assessment of Flowserve Corporation Common St pinpoints that the 50-day moving average of Flowserve Corporation (NYSE:FLS) stock is $47.82, and is trading $-1.64 points away or -3.43% from 50-day moving average of $47.82. It is trading $-0.69 or -1.48% off 200-day MA of $46.87.
The 52-week high of Flowserve Corporation (NYSE:FLS) was $52.50 while $33.86 is the low point in the same period. Flowserve Corporation Common St share price has to rise more than $-6.32 to register a high for 52-weeks or drop +36.39% to make 52-week low. MA should be referred to as moving average.
Without understanding when a stock is over-valued, or too richly priced, a shareholder may miss out on a chance to cash-in on a profit and investment. Worse, a shareholder might close up their position when a price has no direction.
Flowserve Corporation (NYSE:FLS) P/E ratio is 22.88 while PEG ratio is at 2.22. By overlooking a firm’s price-to-earnings ratio, a shareholder could miss out to discover the true value of stocks and end up investing in the wrong stocks. A P/E ratio is a computation of how much investors are wanting to pay for a purchasing an equity relative to the firm’s earnings. It is valuable when comparing the equity price of one firm to another trading in the same industry. The P/E ratio is discovered by dividing market value of stock by average earnings per share in a specified period of time, for instance, the past year.
Flowserve Corporation Common St stock recorded a close of $46.18 in last trading session, which brings it market cap to $6.02B.
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