Flowserve Corporation (FLS) Hits Fresh High: Is There Still Room to Run?

The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on April 29, 2024, Flowserve reported EPS of $0.58 versus consensus estimate of$0.47 while it beat the consensus revenue estimate by 4.81%. Flowserve may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the c ...