Stock To Watch: Flowserve Corporation (NYSE:FLS)


The leading market experts have placed a mean price target of $46.88 on Flowserve Corporation (NYSE:FLS) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.67 a share for the upcoming quarter and $2.51 for the current fiscal. Technical View The technical analysis of Flowserve Corporation Common St plainly substantiates that the 50-day moving average of Flowserve Corporation Common St is $48.01, and stock is hovering -2.85 or -5.94% distant from $48.01. It is noted that the 200-day MA is $43.99, and Flowserve Corporation Common St stock is $1.17 or +2.65% off from this point. Flowserve Corporation (NYSE:FLS) 52-week high is $52.50 and the 52-week low is $33.86. This explains if the stock moves $-7.34, it will post a 52-week high. In event of $+33.37% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Flowserve Corporation Common St, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Flowserve Corporation (NYSE:FLS) ratio came in at 21.50. The stock last ended the trading session at $45.16 and registered a market cap of $5.89B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Flowserve Corporation (NYSE:FLS) PEG ratio is at 2.08.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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