SPX Flow (FLOW) Earning Somewhat Positive News Coverage, Accern Reports

Headlines about SPX Flow (NYSE:FLOW) have been trending somewhat positive this week, Accern reports. The research firm identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. SPX Flow earned a daily sentiment score of 0.07 on Accern’s scale. Accern also gave news stories about the industrial products company an impact score of 45.6272759256253 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Here are some of the news stories that may have impacted Accern’s analysis:

Several brokerages have recently weighed in on FLOW. Stifel Nicolaus lifted their price target on shares of SPX Flow from $47.00 to $49.00 and gave the stock a “buy” rating in a research note on Monday, October 2nd. Seaport Global Securities reiterated a “buy” rating on shares of SPX Flow in a research note on Wednesday, November 1st. 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. Three research analysts have rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. SPX Flow presently has an average rating of “Hold” and an average target price of $38.00.

SPX Flow (NYSE FLOW) opened at $47.34 on Monday. The firm has a market cap of $2,006.98, a price-to-earnings ratio of 91.04, a PEG ratio of 0.70 and a beta of 2.78. SPX Flow has a one year low of $31.06 and a one year high of $48.21. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.19 and a current ratio of 1.67.

In related news, insider David Adam Kowalski sold 24,000 shares of SPX Flow stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $41.94, for a total transaction of $1,006,560.00. Following the transaction, the insider now owns 118,033 shares in the company, valued at approximately $4,950,304.02. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP Kevin Eamigh sold 6,944 shares of SPX Flow stock in a transaction on Monday, December 4th. The shares were sold at an average price of $45.67, for a total transaction of $317,132.48. Following the transaction, the vice president now owns 43,013 shares in the company, valued at approximately $1,964,403.71. The disclosure for this sale can be found here. Company insiders own 3.00% of the company’s stock.

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About SPX Flow

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.

Insider Buying and Selling by Quarter for SPX Flow (NYSE:FLOW)

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