Flow International Corporation, together with its subsidiaries, operates as a technology-based company providing waterjet cutting, surface preparation, and cleaning solutions in the United States, Europe, Asia, and internationally.
Flow (NASDAQ:FLOW-OLD) is scheduled to report its fourth quarter earnings results on June 27, 2012, after market close.
Flow has a market cap of $132.09 million and it is currently trading around $2.76 with a 52 week range of $1.90 to $4.49. The stock has fallen 21.14% year to date. The following table provides the key financial ratios for Flow:
|Return On Assets (ROA)||4.78%|
|Return On Equity (ROE)||8.62%|
- On May 2, 2012, Flow International announced that Parker Brothers Concepts, featured on Syfy's high-octane reality series Dream Machines, has added a Flow Mach 3 abrasive waterjet machine tool as a key element in their fabricating process.
- On March 29, 2012, Flow International conducted live demonstrations of the latest in waterjet cutting technology at Manufacturing 4 the Future, held at the Connecticut Convention Center in Hartford, CT, May 14-16, 2012, in booth 1201.
- On March 21, 2012, Flow International announced that John Force Racing, Inc., the most successful team in Funny Car drag racing history, has selected Flow International for their latest machine tool, a Mach 4 waterjet with Dynamic Waterjet® XD.
Analyst Guidance and Earnings History
The fourth quarter revenues are expected to be $62.63 million when compared to $59.54 million for the same quarter last year. Earnings per share for the fourth quarter are expected to be 4 cents a share, up from 1 cent a share in the year-ago period.
The average price target from analysts for Flow is $5.5 with average rating of BUY.
Out of the last 4 quarters, Flow has met or exceeded the EPS estimates 2 times. The following chart shows the Analyst estimates history and the actual EPS results:
Kennametal Inc (NYSE:KMT), Nordson Corp (NASDAQ:NDSN), Argan Inc (NYSE:AGN) and Hardinge Inc (NASDAQ:HDNG) are considered as major competitors for Flow International Corporation. and the table below provides the key metrics for these companies:
|52 Week Price||-32.02%||-20.38%||-2.06%||10.23%||-8.87%|
|Earnings per Share||0.15||3.76||3.02||3.25||1.12|
Sources: Some of the data is taken from Google Finance, Nasdaq, Yahoo Finance, Finviz and investor sites.
Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in FLOW-OLD over the next 72 hours.
Additional Disclosure: I change my positions very frequently and may initiate either long or short positions in the above mentioned stocks at any time.