News articles about FLIR Systems (NASDAQ:FLIR) have been trending somewhat positive recently, Accern Sentiment reports. Accern identifies negative and positive media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. FLIR Systems earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned news stories about the scientific and technical instruments company an impact score of 46.3387869190328 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the media headlines that may have effected Accern Sentiment’s analysis:
- Thermal Camera Market is touching new levels – Demand, Rising Trends and New Technologies with key players … (dailyindustryreports.com)
- FLIR Crosses Above Average Analyst Target (nasdaq.com)
- Investors Buzz: FLIR Systems, Inc. (FLIR) stock price is now worth at $63.05 (topdesertsafari.com)
- Rugged Thermal Cameras Market Is Anticipates It to Reach US$ 8.5 Bn by the End of 2027 (digitaljournal.com)
- Product of the Day: FLIR — FLIR K2 Thermal Imager (firehouse.com)
A number of equities analysts recently weighed in on FLIR shares. Needham & Company LLC reaffirmed a “buy” rating and issued a $60.00 price target (up previously from $58.00) on shares of FLIR Systems in a report on Thursday, May 31st. William Blair raised FLIR Systems from a “market perform” rating to an “outperform” rating in a report on Monday, August 20th. Imperial Capital reaffirmed an “outperform” rating and issued a $60.00 price target (up previously from $53.00) on shares of FLIR Systems in a report on Wednesday, August 1st. Zacks Investment Research cut FLIR Systems from a “buy” rating to a “hold” rating in a report on Tuesday, July 24th. Finally, BidaskClub cut FLIR Systems from a “strong-buy” rating to a “buy” rating in a report on Wednesday, June 13th. Three investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $56.75.
Shares of FLIR Systems stock opened at $62.08 on Friday. FLIR Systems has a 12 month low of $37.66 and a 12 month high of $63.36. The company has a market cap of $8.69 billion, a price-to-earnings ratio of 33.02 and a beta of 0.67. The company has a quick ratio of 2.85, a current ratio of 4.07 and a debt-to-equity ratio of 0.23.
FLIR Systems (NASDAQ:FLIR) last announced its earnings results on Wednesday, July 25th. The scientific and technical instruments company reported $0.55 EPS for the quarter, beating analysts’ consensus estimates of $0.49 by $0.06. FLIR Systems had a return on equity of 16.44% and a net margin of 6.70%. The business had revenue of $452.70 million during the quarter, compared to analysts’ expectations of $429.12 million. During the same quarter in the prior year, the firm earned $0.42 earnings per share. The business’s revenue was up 4.3% compared to the same quarter last year. equities research analysts anticipate that FLIR Systems will post 2.22 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Friday, September 7th. Shareholders of record on Friday, August 24th were issued a dividend of $0.16 per share. The ex-dividend date of this dividend was Thursday, August 23rd. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.03%. FLIR Systems’s payout ratio is currently 34.04%.
In other FLIR Systems news, Director Earl R. Lewis sold 20,000 shares of the stock in a transaction that occurred on Thursday, August 30th. The stock was sold at an average price of $62.25, for a total transaction of $1,245,000.00. Following the completion of the transaction, the director now owns 503,387 shares of the company’s stock, valued at $31,335,840.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Todd M. Duchene sold 3,844 shares of the stock in a transaction that occurred on Thursday, July 19th. The shares were sold at an average price of $54.50, for a total value of $209,498.00. Following the transaction, the senior vice president now directly owns 37,453 shares of the company’s stock, valued at approximately $2,041,188.50. The disclosure for this sale can be found here. Insiders have sold 89,352 shares of company stock valued at $5,349,705 in the last three months. Insiders own 2.00% of the company’s stock.
FLIR Systems Company Profile
FLIR Systems, Inc designs, develops, manufactures, and markets thermal imaging systems, visible-light imaging systems, locater systems, measurement and diagnostic systems, and threat-detection solutions worldwide. The company operates in six segments: Surveillance, Instruments, Security, OEM & Emerging Markets, Maritime, and Detection.
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