Spx Flow (FLOW) Set to Announce Quarterly Earnings on Tuesday

Spx Flow (NYSE:FLOW) will post its quarterly earnings results before the market opens on Tuesday, May 1st. Spx Flow has set its FY18 guidance at $2.21-2.56 EPS.

Spx Flow (NYSE:FLOW) last issued its quarterly earnings data on Tuesday, February 6th. The industrial products company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.50 by $0.02. The firm had revenue of $529.20 million during the quarter, compared to the consensus estimate of $515.37 million. Spx Flow had a net margin of 2.38% and a return on equity of 6.13%. The company’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.46 earnings per share. On average, analysts expect Spx Flow to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Shares of NYSE:FLOW opened at $49.94 on Tuesday. The stock has a market cap of $2,123.36, a PE ratio of 39.32, a PEG ratio of 0.51 and a beta of 1.92. The company has a quick ratio of 1.11, a current ratio of 1.55 and a debt-to-equity ratio of 0.89. Spx Flow has a 12 month low of $31.10 and a 12 month high of $54.92.

Several equities analysts have recently commented on the stock. Vertical Research downgraded shares of Spx Flow from a “buy” rating to a “hold” rating in a research note on Monday, April 16th. Stifel Nicolaus upped their price objective on shares of Spx Flow from $60.00 to $61.00 and gave the company a “buy” rating in a research note on Monday, April 16th. Robert W. Baird reaffirmed a “buy” rating and set a $61.00 price objective on shares of Spx Flow in a research note on Wednesday, April 4th. ValuEngine raised shares of Spx Flow from a “hold” rating to a “buy” rating in a research note on Monday, April 2nd. Finally, Zacks Investment Research downgraded shares of Spx Flow from a “buy” rating to a “hold” rating in a research note on Monday, March 19th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company. Spx Flow currently has an average rating of “Hold” and an average target price of $54.67.

In related news, VP Jaime Manson Easley sold 4,665 shares of the business’s stock in a transaction dated Tuesday, March 6th. The shares were sold at an average price of $48.78, for a total transaction of $227,558.70. Following the transaction, the vice president now owns 10,184 shares in the company, valued at $496,775.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 2.00% of the stock is owned by insiders.

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Spx Flow Company Profile

SPX FLOW, Inc provides various engineered solutions worldwide. The company engineers, designs, manufactures, and markets products and solutions used to process, blend, filter, dry, meter, and transport fluids with a focus on original equipment installation, including turn-key systems, modular systems, and components, as well as aftermarket components and support services.

Earnings History for Spx Flow (NYSE:FLOW)

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