) recently launched a new Flowserve Limitorque UEX electronic
control package for L120 series actuators. This newly developed
electronic control package is field-retrofitable. Built with
proven Limitorque MX actuator technology, the new feature is an
improvement on the former package and replaces the previous UEC-3
The UEX package will deliver network connectivity through five
network protocols for reliable process control, and will also
include an LCD (Liquid Crystal Display) screen for actuator
setup. On-site retrofitting will reduce the plant downtime. The
32-character LCD screen will display activities relating to the
status and position of the plant. It will also give prior
indication of fault conditions.
During the last quarter, Flowserve won a number of
multi-million contracts. The company is expanding worldwide, and
exploring new markets. Under such a situation, new product
innovation is a must to live up to the customers' expectations.
This new addition to the company's Limitorque product line is
expected to augment revenue in the coming quarters. The company
has an expected earnings growth estimate of 12.33%, as per the
Zacks Consensus Estimate. This is also coupled with a positive
estimated sales growth of 1.66%.
Flowserve is one of the world's leading providers of
industrial flow management services. The company produces highly
engineered and modular pumps, precision mechanical seals, smart,
specialty, and quarter-turn valves and valve actuators, and a
range of related flow management services.
Flowserve currently holds a Zacks Rank #3 (Hold) while some
other important players in the same industry, such as
EnPro Industries, Inc.
Omnitek Engineering Corp.
) all have a Zacks Rank #1 (Strong Buy).
FLOWSERVE CORP (FLS): Free Stock Analysis
GRACO INC (GGG): Free Stock Analysis Report
ENPRO INDUS INC (NPO): Free Stock Analysis
OMNITEK ENGINRG (OMTK): Get Free Report
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