Flow International Corp (NASDAQ:FLOW) had its target price hoisted by Stifel Nicolaus from $47.00 to $49.00 in a research report report published on Monday morning, MarketBeat.com reports. They currently have a buy rating on the stock.
Other analysts have also recently issued reports about the company. BidaskClub raised Flow International Corp from a hold rating to a buy rating in a research report on Thursday, September 21st. Zacks Investment Research cut Flow International Corp from a buy rating to a hold rating in a research report on Monday, July 10th. Susquehanna Bancshares Inc raised Flow International Corp from a neutral rating to a positive rating and upped their target price for the company from $41.00 to $42.00 in a research report on Tuesday, August 8th. UBS AG raised Flow International Corp from a neutral rating to a positive rating in a research report on Tuesday, August 8th. Finally, Wolfe Research began coverage on Flow International Corp in a research report on Tuesday, July 11th. They issued a market perform rating for the company. One analyst has rated the stock with a sell rating, three have given a hold rating and seven have given a buy rating to the company’s stock. Flow International Corp currently has a consensus rating of Buy and a consensus target price of $42.14.
Shares of Flow International Corp (FLOW) opened at 39.95 on Monday. The firm has a market cap of $1.69 billion and a P/E ratio of 332.92. The company’s 50 day moving average price is $37.79 and its 200-day moving average price is $37.79. Flow International Corp has a 12-month low of $22.34 and a 12-month high of $40.77.
Flow International Corp (NASDAQ:FLOW) last announced its earnings results on Wednesday, August 2nd. The company reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.04). The company had revenue of $498.00 million during the quarter, compared to analysts’ expectations of $499.28 million. The firm’s revenue for the quarter was down 5.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.46 earnings per share. On average, equities research analysts anticipate that Flow International Corp will post $0.15 EPS for the current year.
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In other Flow International Corp news, VP Stephen A. Tsoris sold 5,850 shares of the stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $35.00, for a total transaction of $204,750.00. Following the completion of the sale, the vice president now directly owns 44,694 shares of the company’s stock, valued at approximately $1,564,290. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
A number of institutional investors have recently bought and sold shares of FLOW. Rex Capital Advisors LLC acquired a new stake in Flow International Corp during the 1st quarter worth approximately $315,000. Piedmont Investment Advisors LLC acquired a new stake in Flow International Corp during the 2nd quarter worth approximately $337,000. Russell Investments Group Ltd. lifted its position in Flow International Corp by 5.5% during the 1st quarter. Russell Investments Group Ltd. now owns 28,146 shares of the company’s stock worth $977,000 after acquiring an additional 1,468 shares during the period. Aperio Group LLC lifted its position in Flow International Corp by 1.7% during the 2nd quarter. Aperio Group LLC now owns 61,227 shares of the company’s stock worth $2,258,000 after acquiring an additional 996 shares during the period. Finally, Rhumbline Advisers lifted its position in Flow International Corp by 6.9% during the 2nd quarter. Rhumbline Advisers now owns 83,182 shares of the company’s stock worth $3,068,000 after acquiring an additional 5,370 shares during the period.
About Flow International Corp
SPX FLOW, Inc provides various engineered solutions worldwide. The company engineers, designs, manufactures, and markets products and solutions used to process, blend, filter, dry, meter, and transport fluids with a focus on original equipment installation, including turn-key systems, modular systems, and components, as well as aftermarket components and support services.
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