Stock price performance of Flowserve Corporation is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 6.15% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -1.24% . Looking at the past 52 week period, the stock price is up at 19.47% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Flowserve Corporation has a positive value of 8.2 compared to overall market. Company shares have received an average consensus rating of Hold for the current week The stock has recorded a 20-day Moving Average of 3.81% and the 50-Day Moving Average is 5.66%.The 200 Day SMA reached 9.53%
Flowserve Corporation is having a Relative Strength Index of 43.52 which indicates the stock is not yet over sold or over bought based on the technical indicators. Flowserve Corporation (NYSE:FLS) has tumbled 5.42% during the past week and has dropped 0.43% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 5.54%. Flowserve Corporation (NYSE:FLS) has underperformed the index by 1.32% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Company has reported several Insider transactions to the SEC, on Nov 4, 2016, Mark A Blinn (President & CEO) sold 119,232 shares at 41.64 per share price.On Aug 4, 2016, Thomas L Pajonas (EVP, Chief Operating Officer) sold 35,000 shares at 45.49 per share price.On Aug 4, 2016, William C Rusnack (director) sold 2,169 shares at 46.72 per share price.
Flowserve Corp Last issued its quarterly earnings results on Oct 27, 2016. The company reported $0.52 EPS for the quarter, missing the analyst consensus estimate by $ -0.10. Analyst had a consensus of $0.62. The company had revenue of $943.33 million for the quarter, compared to analysts expectations of $974.29 million. The companys revenue was down -14.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.81 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Upgraded by Seaport Global Securities on Jan 23, 2017 to Buy, Raises Price Target to $ 60 from a previous price target of $48 .Flowserve Corp was Downgraded by Robert W. Baird on Dec 12, 2016 to Underperform, Price Target of the shares are set at $42.Company shares were Reiterated by Stifel on Dec 5, 2016 to Buy, Raises Price Target to $ 55 from a previous price target of $50 .
Flowserve Corporation (NYSE:FLS) : On Friday heightened volatility was witnessed in Flowserve Corporation (NYSE:FLS) which led to swings in the share price. The stock opened for trading at $48.33 and hit $48.86 on the upside , eventually ending the session at $48.65, with a gain of 0.95% or 0.46 points. The heightened volatility saw the trading volume jump to 1,739,958 shares. The 52-week high of the share price is $52.5 and the company has a market cap of $6,346 million. The 52-week low of the share price is at $36.85 .
Flowserve Corporation is one of the worlds leading providers of industrial flow management services. Operating in 25 countries, with more than 7,000 employees, the company produces highly engineered and modular pumps, precision mechanical seals, smart, specialty, and quarter-turn valves and valve actuators, and a range of related flow management services. (Press Release)