SPX FLOW, Inc. (FLOW) Receives $38.00 Consensus PT from Brokerages
SPX FLOW, Inc. (NYSE:FLOW) has been assigned a consensus rating of “Hold” from the seven analysts that are currently covering the company, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation, one has given a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is $38.00.
A number of research firms recently weighed in on FLOW. Stifel Nicolaus lifted their target price on shares of SPX FLOW from $47.00 to $49.00 and gave the company a “buy” rating in a research note on Monday, October 2nd. Susquehanna Bancshares upgraded shares of SPX FLOW from a “neutral” rating to a “positive” rating in a research note on Tuesday, August 8th. Seaport Global Securities restated a “buy” rating on shares of SPX FLOW in a research note on Wednesday, November 1st. BidaskClub cut shares of SPX FLOW from a “sell” rating to a “strong sell” rating in a research note on Friday, August 18th. Finally, Wolfe Research cut shares of SPX FLOW from a “market perform” rating to an “underperform” rating in a research note on Monday, November 20th.
In other SPX FLOW news, insider David Adam Kowalski sold 24,000 shares of the business’s stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $41.94, for a total value of $1,006,560.00. Following the sale, the insider now owns 118,033 shares in the company, valued at approximately $4,950,304.02. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 3.00% of the stock is owned by insiders.
Shares of SPX FLOW (NYSE:FLOW) traded up $0.38 during trading on Wednesday, hitting $45.15. 352,521 shares of the stock traded hands, compared to its average volume of 166,701. The company has a quick ratio of 1.19, a current ratio of 1.67 and a debt-to-equity ratio of 1.06. SPX FLOW has a 1-year low of $30.33 and a 1-year high of $45.34. The stock has a market cap of $1,898.03, a PE ratio of 37.31, a PEG ratio of 1.25 and a beta of 2.79.
WARNING: “SPX FLOW, Inc. (FLOW) Receives $38.00 Consensus PT from Brokerages” was originally reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this news story on another domain, it was illegally stolen and republished in violation of United States & international copyright and trademark legislation. The original version of this news story can be viewed at https://www.thecerbatgem.com/2017/12/02/spx-flow-inc-flow-receives-38-00-consensus-pt-from-brokerages.html.
SPX FLOW Company Profile
SPX FLOW, Inc is a global supplier of engineered solutions. As of December 31, 2016, the Company had operations in over 30 countries and sales in over 150 countries around the world. The Company operates in three business segments: Food and Beverage, Power and Energy, and Industrial. Its product portfolio of pumps, valves, mixers, filters, air dryers, hydraulic tools, homogenizers, separators and heat exchangers, along with the related aftermarket parts and services, supports global industries, including food and beverage, oil and gas, power generation, chemical processing, compressed air and mining.
Receive News & Stock Ratings for SPX FLOW Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPX FLOW Inc. and related stocks with our FREE daily email newsletter.