News articles about SPX Flow (NYSE:FLOW) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. SPX Flow earned a media sentiment score of 0.06 on Accern’s scale. Accern also gave headlines about the industrial products company an impact score of 45.1280989999771 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the headlines that may have effected Accern Sentiment’s analysis:
- SPX Flow Inc (FLOW) Receives Consensus Rating of “Hold” from Brokerages (americanbankingnews.com)
- Insider Selling: SPX Flow Inc (FLOW) VP Sells 4,665 Shares of Stock (americanbankingnews.com)
- Martingale Asset Management L P Acquires Shares of 31,119 SPX Flow Inc (FLOW) (americanbankingnews.com)
- California Public Employees Retirement System Has $7.85 Million Position in SPX Flow Inc (FLOW) (americanbankingnews.com)
A number of analysts recently commented on FLOW shares. Wolfe Research lowered SPX Flow from a “market perform” rating to an “underperform” rating in a research note on Monday, November 20th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $62.00 price target (up previously from $55.00) on shares of SPX Flow in a research note on Tuesday, January 16th. UBS Group lowered SPX Flow from a “buy” rating to a “neutral” rating and set a $51.00 price target for the company. in a research note on Monday, January 22nd. They noted that the move was a valuation call. Zacks Investment Research raised SPX Flow from a “hold” rating to a “buy” rating and set a $55.00 price target for the company in a research note on Tuesday, January 23rd. Finally, Royal Bank of Canada reaffirmed a “hold” rating and issued a $50.00 price target on shares of SPX Flow in a research note on Wednesday, February 7th. Three analysts have rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company. SPX Flow currently has an average rating of “Hold” and an average target price of $50.00.
SPX Flow (NYSE:FLOW) last posted its quarterly earnings data on Tuesday, February 6th. The industrial products company reported $0.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.02. The business had revenue of $529.20 million during the quarter, compared to the consensus estimate of $515.37 million. SPX Flow had a return on equity of 6.13% and a net margin of 2.38%. The firm’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.46 earnings per share. equities analysts forecast that SPX Flow will post 2.47 EPS for the current year.
In other SPX Flow news, VP Jaime Manson Easley sold 4,665 shares of the stock in a transaction on Tuesday, March 6th. The stock was sold at an average price of $48.78, for a total value of $227,558.70. Following the completion of the transaction, the vice president now owns 10,184 shares in the company, valued at $496,775.52. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 3.00% of the stock is currently owned by corporate insiders.
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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.
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