Wall Street brokerages predict that SPX Flow Inc (NYSE:FLOW) will report $502.88 million in sales for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued estimates for SPX Flow’s earnings. The highest sales estimate is $507.30 million and the lowest is $499.33 million. SPX Flow posted sales of $531.20 million during the same quarter last year, which suggests a negative year-over-year growth rate of 5.3%. The firm is scheduled to issue its next earnings report on Wednesday, August 7th.

According to Zacks, analysts expect that SPX Flow will report full-year sales of $2.06 billion for the current year, with estimates ranging from $2.05 billion to $2.07 billion. For the next year, analysts expect that the company will post sales of $2.10 billion, with estimates ranging from $2.08 billion to $2.11 billion. Zacks Investment Research’s sales averages are an average based on a survey of sell-side analysts that cover SPX Flow.

SPX Flow (NYSE:FLOW) last released its earnings results on Thursday, May 2nd. The industrial products company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.05. SPX Flow had a return on equity of 10.42% and a net margin of 2.30%. The company had revenue of $491.10 million during the quarter, compared to analyst estimates of $482.11 million. During the same period in the prior year, the company posted $0.36 earnings per share. SPX Flow’s quarterly revenue was up .2% on a year-over-year basis.

Several equities analysts have weighed in on FLOW shares. ValuEngine lowered Zosano Pharma from a “buy” rating to a “hold” rating in a report on Wednesday, May 1st. Zacks Investment Research lowered ExlService from a “hold” rating to a “sell” rating in a report on Wednesday. Two research analysts have rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $41.83.

A number of hedge funds and other institutional investors have recently made changes to their positions in FLOW. Dimensional Fund Advisors LP raised its position in shares of SPX Flow by 10.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,937,095 shares of the industrial products company’s stock worth $58,927,000 after buying an additional 187,027 shares in the last quarter. Pennsylvania Trust Co purchased a new stake in shares of SPX Flow in the first quarter worth $234,000. Norges Bank purchased a new stake in shares of SPX Flow in the fourth quarter worth $18,742,000. Geode Capital Management LLC raised its position in shares of SPX Flow by 8.3% in the fourth quarter. Geode Capital Management LLC now owns 449,630 shares of the industrial products company’s stock worth $13,677,000 after buying an additional 34,436 shares in the last quarter. Finally, First Allied Advisory Services Inc. raised its position in shares of SPX Flow by 2.9% in the first quarter. First Allied Advisory Services Inc. now owns 22,125 shares of the industrial products company’s stock worth $693,000 after buying an additional 632 shares in the last quarter. 87.86% of the stock is owned by institutional investors and hedge funds.

NYSE FLOW traded up $1.45 on Friday, hitting $39.12. 160,833 shares of the stock traded hands, compared to its average volume of 249,426. The stock’s fifty day simple moving average is $38.44. SPX Flow has a 12 month low of $27.23 and a 12 month high of $54.13. The company has a market cap of $1.63 billion, a price-to-earnings ratio of 16.86, a price-to-earnings-growth ratio of 1.64 and a beta of 2.03. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.53 and a quick ratio of 1.05.

SPX Flow Company Profile

SPX FLOW, Inc provides various engineered solutions worldwide. It operates in three segments: Food and Beverage, Power and Energy, and Industrial. The Food and Beverage segment offers mixing, drying, evaporation, and separation systems and components; heat exchangers, and reciprocating and centrifugal pump technologies; and turn-key systems primarily under the Anhydro, APV, Bran+Luebbe, Gerstenberg Schroeder, LIGHTNIN, Seital, and Waukesha Cherry-Burrell brands.

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Earnings History and Estimates for SPX Flow (NYSE:FLOW)

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