Flowserve Corporation (FLS) Shares are Down -0.26%

Flowserve Corporation (FLS) has risen sharply, recording gains of 2.68% in the past 4 weeks. However, the stock has corrected -0.26% in the past 1 week, providing a good buying opportunity on dips. Flowserve Corporation (FLS) : Traders are bullish on Flowserve Corporation (FLS) as it has outperformed the S&P 500 by a wide margin of 2.89% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.4%, relative to the S&P 500.

Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 2.89% and the fifty day Moving Average is 3.52%. Flowserve Corp. is up 2.45% in the last three month period. Year-to-Date the stock performance stands at 17.67%.

Flowserve Corporation (FLS) : 12 Wall Street analysts covering Flowserve Corporation (FLS) believe that the average level the stock could reach for the short term is $45.33. The maximum price target given is $54 and the minimum target for short term is around $35, hence the standard deviation is calculated at $4.92.


Flowserve Corporation (NYSE:FLS): stock turned positive on Friday. Though the stock opened at $48.79, the bulls momentum made the stock top out at $49.42 level for the day. The stock recorded a low of $48.6101 and closed the trading day at $49.13, in the green by 0.99%. The total traded volume for the day was 858,608. The stock had closed at $48.65 in the previous days trading.

Flowserve Corporation is a manufacturer and aftermarket service provider of flow control systems. The Company develops and manufactures precision-engineered flow control equipment integral to the movement, control and protection of the flow of materials. The Company operates through three segments: Engineered Product Division (EPD), Industrial Product Division (IPD) and Flow Control Division (FCD). Its EPD designs, manufactures, distributes and services engineered pumps and pump systems, mechanical seals, auxiliary systems, replacement parts and related equipment. Its IPD designs, manufactures, distributes and services pre-configured engineered pumps and pump systems, including submersible motors, for industrial markets. The Companys FCD designs, manufactures, distributes and services a portfolio of industrial valve and automation solutions, including isolation and control valves, actuation, controls and related equipment.

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