Flow International Corp (FLOW) Given News Impact Rating of 0.18
Media coverage about Flow International Corp (NASDAQ:FLOW) has been trending somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Flow International Corp earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 44.9312930023765 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news articles that may have impacted Accern’s rankings:
- Flow International Corp (FLOW) Given Consensus Recommendation of “Hold” by Brokerages (americanbankingnews.com)
- Global Steam Trap Monitor Market 2017: Armstrong International, Flowserve Corporation, GESTRA AG, CIRCOR International (sbwire.com)
- $495.71 Million in Sales Expected for Flow International Corp (FLOW) This Quarter (americanbankingnews.com)
- Growing Cash Flow With Validus Holdings Stock (seekingalpha.com)
- High Court grants TT International moratorium, orders no further action from creditors (straitstimes.com)
Shares of Flow International Corp (FLOW) traded up 1.99% during midday trading on Monday, hitting $34.27. The stock had a trading volume of 53,644 shares. The firm’s 50-day moving average price is $33.76 and its 200-day moving average price is $35.45. Flow International Corp has a 1-year low of $22.34 and a 1-year high of $40.66. The stock has a market cap of $1.45 billion and a price-to-earnings ratio of 285.58.
Flow International Corp (NASDAQ:FLOW) last released its earnings results on Wednesday, August 2nd. The company reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.37 by $0.04. The firm had revenue of $498 million during the quarter, compared to the consensus estimate of $499.28 million. During the same period in the previous year, the business posted $0.46 earnings per share. The company’s revenue was down 5.8% compared to the same quarter last year. Analysts forecast that Flow International Corp will post $0.15 earnings per share for the current year.
FLOW has been the subject of several research reports. Zacks Investment Research downgraded Flow International Corp from a “buy” rating to a “hold” rating in a research report on Monday, July 10th. Stifel Nicolaus reiterated a “buy” rating and issued a $46.00 target price on shares of Flow International Corp in a research report on Friday, July 14th. BidaskClub upgraded Flow International Corp from a “strong sell” rating to a “sell” rating in a research report on Saturday, September 2nd. Wolfe Research initiated coverage on Flow International Corp in a research report on Tuesday, July 11th. They issued a “market perform” rating for the company. Finally, Royal Bank Of Canada reiterated a “hold” rating and issued a $38.00 target price on shares of Flow International Corp in a research report on Wednesday, September 6th. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company’s stock. Flow International Corp currently has an average rating of “Hold” and a consensus price target of $40.50.
In other Flow International Corp news, VP Stephen A. Tsoris sold 5,850 shares of the company’s stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $35.00, for a total transaction of $204,750.00. Following the completion of the transaction, the vice president now owns 44,694 shares of the company’s stock, valued at approximately $1,564,290. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
About Flow International Corp
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.
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