Barclays (LON:BARC) analyst Julian Mitchell maintained a Hold rating on SPX Flow (NYSE:FLOW) Inc on Thursday, setting a price target of $68, which is approximately 1.36% below the present share price of $68.94.
Mitchell expects SPX Flow Inc to post earnings per share (EPS) of $0.58 for the second quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Moderate Buy rating of shares in SPX Flow, with an average price target of $74.67.
The analysts price targets range from a high of $81 to a low of $68.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $396.1 million and a net profit of $33.7 million. The company's market cap is $2.93 billion.
According to TipRanks.com, Barclays analyst Julian Mitchell is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 17.3% and a 71.61% success rate.
SPX Flow, Inc. engages in manufacturing and distributing industrial components. It operates through the following segments: Food & Beverage and Industrial. The Food and Beverage segment includes mixing, drying, evaporation, and separation systems and components, heat exchangers, and reciprocating and centrifugal pump technologies. The Industrial segment services customers in the chemical, air treatment, mining, pharmaceutical, marine, shipbuilding, infrastructure construction, general industrial and water treatment industries. The company was founded in 2015 and is headquartered in Charlotte, NC.