The upcoming report from Flowserve (FLS) is expected to reveal quarterly earnings of $0.67 per share, indicating an increase of 34% compared to the year-ago period. Analysts forecast revenues of $1.14 billion, representing an increase of 3.8% year over year.The consensus EPS estimate for the quarter has been revised 1.7% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Before a com ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Whi ...

Flowserve Corporation (NYSE: FLS ) is a leading provider of flow control systems and equipment, making it vital to the smooth functioning of facilities and plants in various industries. The company has been seeing stellar topline growth, owing to end market demand I specialize in analyzing individual stocks. With a strong educational background in both finance and economics, I've developed a deep fascination with the stock market and the potential it offers to investors at all levels. I keep a close watch o ...

Small deep value individual investor, with a modest private investment portfolio, split approx. 50%-50% between shares and call options. I have a B.Sc. in aeronautical engineering and over 6 years of experience as an engineering consultant in the aerospace sector. The latter statement is not relevant in any way whatsoever to my investment style, but I thought to add it for self-indulgent purposes. I have a contrarian investment style, highly risky, and often dealing with illiquid options. How illiquid? Well ...

Flowserve Corporation (FLS) recently completed its previously announced acquisition of MOGAS Industries for $305 million, which includes the potential earnout. The company funded the transaction through its cash balance. Based in Houston, TX, MOGAS is engaged in providing mission-critical severe service valves and related aftermarket services. The company's products are sold to several end markets, including power, mining and process industries. It has an extensive geographic presence with sales and service ...

The Zacks Manufacturing – General Industrial industry is poised for growth on the back of strength across prominent end markets and a surge in the e-commerce business. Efforts to digitalize business operations have been enhancing industry players' competitiveness. Investments in product development and focus on expanding operations through strategic acquisitions are expected to boost the industry's growth. However, persistent softness in the manufacturing sector has marred the outlook of the industry. Parke ...

Technology companies and the broader economy are transitioning away from fossil fuels as energy demand skyrockets on the back of artificial intelligence. Microsoft and other tech giants are making deals with nuclear energy companies and other alternative energy firms to power their AI-focused expansion efforts. See the Zacks Earnings Calendar to stay ahead of market-making news. Nuclear energy stocks such as Vistra, Constellation Energy, and others have skyrocketed over the last few years and the past month ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock cha ...

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Flowserve Corporation (FLS) is benefiting from positive trends in its key end markets and accretive acquisitions. Handsome rewards to shareholders add to the stock's appeal. Headquartered in Irving, TX, Flowserve is a leading manufacturer and aftermarket service provider of comprehensive flow control systems globally. It develops and manufactures precision-engineered flow control equipment, such as pumps, valves and seals, for critical service applications that require high reliability. Shares of FLS have g ...