RBC Capital analyst Deane Dray maintained a Hold rating on Flowserve Corp (NYSE:FLS) on Thursday, setting a price target of $35, which is approximately 5.99% below the present share price of $37.23.
Dray expects Flowserve Corp to post earnings per share (EPS) of $0.39 for the first quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Hold rating of shares in Flowserve, with an average price target of $38.25.
The analysts price targets range from a high of $45 to a low of $35.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $924.3 million and a net profit of $84.48 million. The company's market cap is $4.85 billion.
According to TipRanks.com, RBC Capital analyst Deane Dray is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 9.2% and a 58.35% success rate.
Flowserve Corp. engages in the manufacture and provision of aftermarket service for comprehensive flow control systems. It operates through the following segments: Flowserve Pump Division and Flow Control Division. The Flowserve Pump Division segment provides pumps, pre-configured industrial pumps, pump systems, mechanical seals, auxiliary systems and replacement parts and related services. The Flow Control Division segment involves engineered and industrial valves, control valves, actuators and controls and related services. The company was founded in 1790 and is headquartered in Irving, TX.