Latest Xylem Inc News and Updates
What Analysts Expect of Flowserve in 2016
For 2016, analysts expect Flowserve (FLS) to report revenues of ~$3.9 billion, which would be ~14% lower than its $4.5 billion in 2015.
Understanding Flowserve’s Operations
Flowserve’s operating segments have a lot of common customers. This helps the company to offer combined products and technologies.
Jobless Claims Remain Low in October
Employment figures are crucial for any economy. According to the U.S. Department of Labor, initial jobless claims were 260,000 for the week ended October 24, an increase of 1,000 from the prior week.
How Has Pentair Performed Compared to Its Peers?
The price-to-book value ratios of Pentair, Emerson, Dover, Xylem, and A. O. Smith are 2.05x, 3.51x, 2.72x, 3.04x, and 4.39x, respectively.
Pentair’s Revenue and Income Fell in 3Q15
Pentair has fallen by 1.5% to close at $54.38 per share as of October 20, 2015, following a decrease in sales and income of 6.6% and 22.1% in 3Q15.
How Does IDEX Compare to Its Peers?
IDEX outperformed its peers based on the PE ratio and PBV ratio. The ETFs outperformed it based on the PE ratio. It’s ahead of its ETFs based on the PBV ratio.
IDEX Reported Mixed Quarterly Results in 3Q15
IDEX (IEX) has a market cap of $5.8 billion. After the earnings report in 3Q15, IDEX fell by 0.09% to close at $74.91 per share as of October 19, 2015.