With 1.82 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.26 million shares. The 52-week range on FLS shows that it touched its highest point at $65.08 and its lowest point at $41.60 during that stretch. It currently has a 1-year price target of $71.60. With its current market cap of 7.55 billion, FLS has annualized dividend of $0.84 while the current yield stands at 1.46%. Beta for the stock currently stands at 1.42.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of FLS was down-trending over the past week, with a drop of -7.32%, but this was down by -11.26% over a month. Three-month performance dropped to -2.99% while six-month performance rose 20.31%. The stock gained 33.94% in the past year, while it has lost -0.10% so far this year. A look at the trailing 12-month EPS for FLS yields 2.14 with Next year EPS estimates of 3.73. For the next quarter, that number is 0.62. This implies an EPS growth rate of 23.42% for this year and 14.94% for next year. EPS is expected to grow by 16.71% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 3.37%.
Float and Shares Shorts:
At present, 131.10 million FLS shares are outstanding with a float of 130.67 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for FLS since 7 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $2.72928 being high and $2.6593 being low. For FLS, this leads to a yearly average estimate of $2.69929.
