Robert W. Baird slashes price target on Flowserve Corp [FLS] – find out why.

Flowserve Corp [NYSE: FLS] gained 0.78% on the last trading session, reaching $45.23 price per share at the time.

If compared to the average trading volume of 1.70M shares, FLS reached a trading volume of 4341452 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Flowserve Corp [FLS]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FLS shares is $62.60 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FLS stock is a recommendation set at 1.38. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Robert W. Baird have made an estimate for Flowserve Corp shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on March 17, 2025. While these analysts kept the previous recommendation, Goldman raised their target price from $55 to $69. The new note on the price target was released on December 12, 2024, representing the official price target for Flowserve Corp stock. Previously, the target price had yet another raise from $57 to $69, while RBC Capital Mkts kept a Outperform rating on FLS stock.

The Average True Range (ATR) for Flowserve Corp is set at 2.14, with the Price to Sales ratio for FLS stock in the period of the last 12 months amounting to 1.31. The Price to Book ratio for the last quarter was 2.95, with the Price to Cash per share for the same quarter was set at 5.13. Price to Free Cash Flow for FLS in the course of the last twelve months was 17.30 with Quick ratio for the last quarter at 1.41.

Trading performance analysis for FLS stock

Flowserve Corp [FLS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 6.88. With this latest performance, FLS shares dropped by -7.39% in over the last four-week period, additionally sinking by -14.11% over the last 6 months – not to mention a drop of -3.27% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for FLS stock in for the last two-week period is set at 50.19, with the RSI for the last a single of trading hit 57.62, and the three-weeks RSI is set at 46.43 for Flowserve Corp [FLS]. The present Moving Average for the last 50 days of trading for this stock 48.06, while it was recorded at 44.84 for the last single week of trading, and 53.23 for the last 200 days.

Flowserve Corp [FLS]: A deeper dive into fundamental analysis

Flowserve Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.41 and a Current Ratio set at 1.98.

Flowserve Corp [FLS]: An earnings per share (EPS) analysis

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for FLS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Flowserve Corp go to 14.49%.

An analysis of Institutional ownership at Flowserve Corp [FLS]

There are presently around $97.02%, or 97.56%% of FLS stock, in the hands of institutional investors. The top three institutional holders of FLS stocks are: BLACKROCK INC. with ownership of 15.78 million shares, which is approximately 11.9862%. VANGUARD GROUP INC, holding 13.4 million shares of the stock with an approximate value of $$644.56 million in FLS stocks shares; and VANGUARD GROUP INC, currently with $$517.54 million in FLS stock with ownership which is approximately 8.1725%.