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.

A number of hedge funds have recently made changes to their positions in FLOW. Stifel Financial Corp increased its holdings in shares of SPX FLOW by 69.5% in the 3rd quarter. Stifel Financial Corp now owns 35,770 shares of the industrial products company’s stock worth $1,379,000 after buying an additional 14,662 shares during the last quarter. GSA Capital Partners LLP increased its holdings in shares of SPX FLOW by 21.5% in the 3rd quarter. GSA Capital Partners LLP now owns 72,562 shares of the industrial products company’s stock worth $2,798,000 after buying an additional 12,818 shares during the last quarter. Finally, Spitfire Capital LLC increased its holdings in shares of SPX FLOW by 3.5% in the 3rd quarter. Spitfire Capital LLC now owns 263,984 shares of the industrial products company’s stock worth $10,179,000 after buying an additional 8,884 shares during the last quarter. Institutional investors and hedge funds own 85.80% of the company’s stock.

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.

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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.

Analyst Recommendations for SPX FLOW (NYSE:FLOW)

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