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Stock impact report

Here's Why Flowserve (FLS) Stock Should Grace Your Portfolio [Yahoo! Finance]

Flowserve Corporation (FLS) 
Last flowserve corporation earnings: 2/17 04:20 pm Check Earnings Report
US:NYSE Investor Relations: ir.flowserve.com
Company Research Source: Yahoo! Finance
The company remains focused on investing in growth opportunities and strengthening its long-term market position. Image Source: Zacks Investment Research It has a market capitalization of $6.6 billion. Over the past three months, it has gained 19.7% compared with the industry's 1.5% growth. FLS currently carries a Zacks Rank #2 (Buy). Let's delve into the factors that have been aiding the firm for a while now. Solid Booking Level : The company has been benefiting from robust bookings driven by strong maintenance, repair, operations and aftermarket activity. Solid booking levels supported by strong demand for bill and gas, and chemicals augur well for the company. FLS' Diversify, Decarbonize and Digitize strategy has also been supporting its growth. Notably, its first-quarter 2024 bookings of $1.04 billion marked the ninth consecutive quarter of more than $1 billion bookings. Business Strength : Solid momentum in the original equipment and aftermarket businesses are supportin Show less Read more
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