Summary of Analyst Ratings Tips: Flowserve Corporation (FLS), Dana Incorporated (DAN)

The opening price for Flowserve Corporation (NYSE:FLS) was $46.38 and the volume amounted to 1.72 million shares which compares with the average volume of 1.53 million shares. The company stock experienced a -0.76% move to arrive at $45.91.

Flowserve Corporation (FLS) Analyst Opinion

Flowserve Corporation has a consensus hold rating from 16 Wall Street analysts, and the number of shares currently sold short amount to at least 7.54% of shares outstanding. The stock spiked 2.94% last month and is up 8.97 this year. Wall Street is only getting more bullish on the stock, with 3 of analysts who cover FLS having a buy-equivalent rating. Analysts have placed a $45.77 price target on Flowserve Corporation, suggesting a -0.3% decline from recent close. It’s currently trading about -11.58% below its 52-week high.

Flowserve Corporation Earnings Surprise

Flowserve Corporation (FLS) failed to surprise the stock market in its last reported earnings when it earned $0.5 a piece versus the consensus-estimated $0.51. Its revenue totaled $1.03 billion up 16.26% from the previous quarter.

Flowserve Corporation (NYSE:FLS) Intraday View

This stock (FLS) is ahead of its 52-week low with 22.39%. Its last month’s stock price volatility remained 3.54% which for the week stands at 2.99%. The share price has moved forward from its 20 days moving average, trading at a distance of 5.18% and stays 5.6% away from its 50 days moving average. Over the last five days, shares have managed 2.45% gains and now is up 7.73% since hitting its 200-day moving average of $42.61. Flowserve Corporation (FLS) has made its way to a 12-month decline of -6.61%.

Turning to Dana Incorporated (NYSE:DAN), its shares were trading at $26.21 a gain of $0.15, on the trading floor. The stock, after opening at $26.25, touched a high of $26.465 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.6. Dana Incorporated has 1 buy ratings, 7 holds and 0 sells even after the stock tumbled -25.69% from its high of $35.27 to a $3.89 billion market value through last close.

Dana Incorporated (DAN) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 2.6 to 2.6 during a month. Analysts set a 12-month price target of $32.25 a share. The target implies a 23.04% spike from where the shares are currently trading. Also, the current price highlights a discount of 52.61% to analysts’ high consensus price target.

Dana Incorporated (NYSE:DAN) Intraday Trading

The counter witnessed a trading volume of 1.41 million shares versus an average volume of 1.87 million shares during last trading session. Its last month’s stock price volatility remained 2.34% which for the week approaches 3.26%. The lowest price the stock reached in the last trading day was $26.13 and compares with the $17.53 52-week low. The stock recovered 49.52% since its low point and has performed -18.12% year-to-date.

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