Latest news with #Flowserve
Yahoo
2 days ago
- Business
- Yahoo
Flowserve Schedules Second Quarter 2025 Earnings Release and Conference Call
DALLAS, July 11, 2025--(BUSINESS WIRE)--Flowserve Corporation (NYSE:FLS) ("Flowserve" or the "Company"), a leading provider of flow control products and services for the global infrastructure markets, will issue its second quarter 2025 earnings release after the close of the New York Stock Exchange (NYSE) on Wednesday, July 30. Flowserve will host a conference call to discuss second quarter results the following morning, on Thursday, July 31, at 10:00 a.m. Eastern Time. The earnings materials and webcast of the conference call can be accessed by shareholders and other interested parties on Flowserve's Investors page. About FlowserveFlowserve Corporation is one of the world's leading providers of fluid motion and control products and services. Operating in more than 50 countries, the Company produces engineered and industrial pumps, seals and valves as well as a range of related flow management services. More information about Flowserve can be obtained by visiting the Company's website at View source version on Contacts Investor Contacts Brian Ezzell, Vice President, Investor Relations, Treasurer & Corporate Finance (469) 420-3222Tarek Zeni, Director, Investor Relations (469) 420-4045 Media Contact David Mason, Senior Director, Communications (214) 500-9687 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
2 days ago
- Business
- Business Wire
Flowserve Schedules Second Quarter 2025 Earnings Release and Conference Call
DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE:FLS) ('Flowserve' or the 'Company'), a leading provider of flow control products and services for the global infrastructure markets, will issue its second quarter 2025 earnings release after the close of the New York Stock Exchange (NYSE) on Wednesday, July 30. Flowserve will host a conference call to discuss second quarter results the following morning, on Thursday, July 31, at 10:00 a.m. Eastern Time. The earnings materials and webcast of the conference call can be accessed by shareholders and other interested parties on Flowserve's Investors page. About Flowserve Flowserve Corporation is one of the world's leading providers of fluid motion and control products and services. Operating in more than 50 countries, the Company produces engineered and industrial pumps, seals and valves as well as a range of related flow management services. More information about Flowserve can be obtained by visiting the Company's website at
Yahoo
23-06-2025
- Business
- Yahoo
BofA Maintains Buy as Flowserve (FLS) Eyes Strategic Synergies with Chart Industries
Flowserve Corp. (NYSE:FLS) is one of the 10 most undervalued industrial stocks to buy according to analysts. On June 10, Bank of America analyst Andrew Obin reiterated a Buy rating on Flowserve with an unchanged price target of $60. His view is primarily supported by the strategic merger with Chart Industries, which Obin sees as a transformative move. The combined company is expected to benefit from increased scale, stronger positioning in LNG, renewable energy, and nuclear markets, as well as greater revenue diversification. He also pointed out that the combined business should reduce reliance on any single revenue stream. A gas pipeline worker inspecting a valve in an industrial setting. The deal is projected to be significantly accretive to earnings by FY29, supported by both cost and revenue synergies. Management has outlined projected cost savings of $300 million and anticipates a modest 2% boost in revenue post-integration, with benefits expected by fiscal year 2029. These gains are expected to come from areas such as procurement efficiencies, reduced corporate overhead, and operational improvements. According to Obin, while integration challenges exist, the strategic reasoning and potential benefits from synergies offer solid grounds for staying optimistic about the stock. Flowserve Corp. (NYSE:FLS) manufactures and provides aftermarket services for flow control systems. It develops and manufactures precision-engineered flow control equipment integral to the movement, control, and protection of the flow of materials in customers' critical processes. While we acknowledge the potential of FLS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and . Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-06-2025
- Business
- Yahoo
UBS Backs Chart Industries (GTLS) as Merger Creates Diversified Flow Tech Powerhouse
Chart Industries Inc. (NYSE:GTLS) is one of the 10 most undervalued industrial stocks to buy according to analysts. On June 4, UBS analyst Manav Gupta maintained a Buy rating on Chart Industries today and set a price target of $225, implying a 40% potential upside. The analyst's affirmation follows the announcement of the all-stock merger agreement between Chart Industries and Flowserve, which will form a new industrial player valued at around $19 billion. The deal is expected to close by the end of Q4 2025, pending shareholder and regulatory approvals. A Control Valve Controlling the Flow of Gas from its Pipeline. The merger brings together Flowserve's flow control capabilities and Chart's process technology expertise, forming a diversified business spanning energy, water, industrial gases, chemicals, and data centers. The combined company will have a presence in more than 50 countries. The deal is expected to yield $300 million in cost synergies over the next three years and contribute to adjusted earnings per share (EPS) within the first year. The company will also maintain Flowserve's existing dividend policy. A June 4 Bloomberg report noted that the two companies view the merger as a means to navigate demand cycles better and serve a broader customer base. However, the report points out that mergers of this size don't happen often, mainly because they can be difficult to pull off, whether due to cultural differences, challenges in combining operations, or unclear strategic fit. The deal's success will depend largely on how well it's executed. Chart Industries Inc. (NYSE:GTLS) is a global leader in the design, engineering, and manufacturing of process technologies and equipment used across the gas and liquid molecule supply chain. Its solutions support the production, storage, distribution, and end-use of atmospheric, hydrocarbon, and industrial gases, serving industries such as energy, industrial gas, and medical. While we acknowledge the potential of GTLS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and . Disclosure: None. Errore nel recupero dei dati Effettua l'accesso per consultare il tuo portafoglio Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati
Yahoo
16-06-2025
- Business
- Yahoo
3 Reasons to Buy Chart Industries (or Flowserve Corporation) Like There's No Tomorrow
Chart Industries and Flowserve recently agreed to merge in an all-stock deal. The two companies outlined significant revenue and cost synergies. Strangely, both bargain-priced stocks fell after the announcement, even as the merger looks beneficial. 10 stocks we like better than Chart Industries › Investors are always searching for new and exciting ways to play the AI revolution, with one being electricity providers. Specifically, nuclear energy stocks have taken off over the past year, given the newfound need for more low-carbon electricity. In spite of that, some industrial stocks that supply the nuclear and natural gas industries really haven't moved very much. Case in point, equipment suppliers Chart Industries (NYSE: GTLS) and Flowserve Corporation (NYSE: FLS) decided to link up in a "merger of equals," on June 4. The tie-up of these key equipment suppliers should save costs while also strengthening both companies' exposure to these crucial LNG and nuclear markets. After the announcement, both stocks look like huge bargains -- a rarity for any AI-exposed stock. Chart Industries is a leader in cryogenic tanks, heat exchangers, fans, and blowers that handle industrial gases and liquids. Meanwhile, Flowserve is a leader in industrial valves, pumps, and flow-control equipment. The companies believe that by combining, they'll be able to offer comprehensive end-to-end industrial systems for customers, from the engineering through aftermarket stages, thus enabling strong cross-selling revenue opportunities. Overall, management believes the tie-up can lead to an incremental 2% growth rate over what the companies would do independently. There's two key markets that each company would like to serve better as a result of the deal: natural gas and nuclear -- each of which are growing in importance because of the accelerating demand for clean electricity from AI data centers. As the following slide shows, Flowserve had only 2% of revenue coming from LNG before the merger, while LNG was a core business for Chart, at 15%. Meanwhile, Flowserve had a more significant exposure to nuclear plants, at 7% of trailing revenues, while Chart had 7% exposure to the nuclear, hydrogen, and helium markets combined. While the rest of Chart and Flowserve's end-markets are typically mid-single digit growth markets, with some a bit higher and some a bit lower, the nuclear and LNG end markets are forecast to realize double-digit growth over the medium term, thanks to surging AI demand. Aside from bolstering each company's growth prospects, the tie-up should also yield substantial cost savings. In conjunction with the merger, the companies projected $300 million in cost synergies, which they believe will be achieved over the next three years. It should be noted that Chart exceeded its projected synergy targets following its 2023 Howden acquisition by a fair amount, which means that $300 million synergy target may also be conservative. So look for the combined company to significantly lower costs and boost margins post-merger. On top of that, there's also a significant refinancing opportunity. Chart used a lot of debt to make the $4.4 billion Howden acquisition, and was still fairly leveraged as of this year. The Howden acquisition also occurred at a difficult time for the markets, so Chart's debt is at rather high and variable interest rates. However, combining with Flowserve will lower the combined company's overall leverage ratio to just 2.0 times EBITDA, which will enable an investment-grade credit rating. That means the companies, when combined, should be able to refinance Chart's debt at lower rates, leading to additional cost savings. Both Chart and Flowserve each appeared undervalued going into the merger as well. While it's usually not a good idea to "sell" or merge using stock when one's valuation is low, the fact that both stocks were trading cheaply lessens the negative effect of the stock-for-stock deal. In fact, I recently ran a screen of specialty industrial equipment companies with market caps above $2 billion, and Chart and Flowserve came up as the cheapest and fourth-cheapest of those 39 stocks on a forward P/E basis at just 10 and 13 times this year's earnings expectations, respectively. While Chart's low valuation may be due to its debt load, even on an enterprise value-to-EBITDA basis, with enterprise value factoring in the debt, the combined companies currently trade at just a 10 EV-to-EBITDA multiple. Many large-cap industrial conglomerates trade in a range of 15 to 20 times EBITDA. With strong positions in some key growth markets, like LNG and nuclear power, I wouldn't expect this discount to last. Thus, both companies appear to be rare bargain-priced stocks with exposure to AI growth -- and will be especially big bargains after the merger closes later this year. Before you buy stock in Chart Industries, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Chart Industries wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,702!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $870,207!* Now, it's worth noting Stock Advisor's total average return is 988% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Billy Duberstein and/or his clients have positions in Chart Industries. The Motley Fool has positions in and recommends Chart Industries. The Motley Fool recommends Flowserve. The Motley Fool has a disclosure policy. 3 Reasons to Buy Chart Industries (or Flowserve Corporation) Like There's No Tomorrow was originally published by The Motley Fool
