News articles about FLIR Systems (NASDAQ:FLIR) have been trending somewhat positive recently, according to Accern. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. FLIR Systems earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned media headlines about the scientific and technical instruments company an impact score of 46.0122289767904 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the media headlines that may have impacted Accern Sentiment’s rankings:
- Global Automotive night vision system (NVS) Market Business Overview 2018: FLIR Systems Inc., Autoliv, Robert Bosch GmbH (topexaminer.com)
- Composite Rating For Flir Systems Rises To 96 (finance.yahoo.com)
- Hydrogen Leak Detection Technology Prevents Power Outages (connect.physicsworld.com)
- FY2018 EPS Estimates for FLIR Systems, Inc. (FLIR) Increased by Analyst (americanbankingnews.com)
- Flir rolls out partner program to spread thermal imaging to more devices (bizjournals.com)
Shares of FLIR Systems (FLIR) traded up $0.55 on Thursday, hitting $50.26. The stock had a trading volume of 647,410 shares, compared to its average volume of 968,273. FLIR Systems has a fifty-two week low of $33.75 and a fifty-two week high of $50.47. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.36 and a current ratio of 3.48. The firm has a market cap of $6,960.00, a PE ratio of 31.81 and a beta of 0.63.
FLIR Systems (NASDAQ:FLIR) last issued its earnings results on Wednesday, October 25th. The scientific and technical instruments company reported $0.52 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.48 by $0.04. FLIR Systems had a return on equity of 14.30% and a net margin of 12.30%. The business had revenue of $464.70 million during the quarter, compared to analysts’ expectations of $446.06 million. During the same period in the prior year, the firm posted $0.48 EPS. FLIR Systems’s quarterly revenue was up 14.7% compared to the same quarter last year. analysts anticipate that FLIR Systems will post 1.86 earnings per share for the current fiscal year.
A number of brokerages have recently issued reports on FLIR. Robert W. Baird reissued a “hold” rating and issued a $34.00 target price on shares of FLIR Systems in a report on Tuesday, October 24th. Raymond James Financial increased their target price on FLIR Systems to $60.00 and gave the stock a “strong-buy” rating in a report on Wednesday, October 25th. Needham & Company LLC reissued a “buy” rating and issued a $50.00 target price (up from $42.00) on shares of FLIR Systems in a report on Thursday, October 26th. Zacks Investment Research raised FLIR Systems from a “hold” rating to a “strong-buy” rating and set a $53.00 target price for the company in a report on Thursday, October 26th. Finally, SunTrust Banks increased their target price on FLIR Systems from $37.00 to $43.00 and gave the stock a “hold” rating in a report on Thursday, October 26th. One analyst has rated the stock with a sell rating, three have given a hold rating, four have assigned a buy rating and two have given a strong buy rating to the stock. FLIR Systems currently has a consensus rating of “Buy” and a consensus price target of $46.83.
In related news, SVP Todd M. Duchene sold 9,000 shares of the stock in a transaction that occurred on Monday, October 30th. The stock was sold at an average price of $47.00, for a total transaction of $423,000.00. Following the sale, the senior vice president now directly owns 29,767 shares in the company, valued at approximately $1,399,049. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, VP Brian E. Harding sold 1,836 shares of the stock in a transaction that occurred on Monday, October 30th. The stock was sold at an average price of $46.90, for a total value of $86,108.40. Following the sale, the vice president now owns 6,646 shares in the company, valued at $311,697.40. The disclosure for this sale can be found here. Over the last three months, insiders sold 22,036 shares of company stock valued at $1,039,316. 3.00% of the stock is currently owned by insiders.
About FLIR Systems
FLIR Systems, Inc (FLIR) designs, develops, markets and distributes thermal imaging systems, visible-light imaging systems, locater systems, measurement and diagnostic systems and threat-detection solutions. The Company’s segments include Surveillance, Instruments, Security, OEM & Emerging Markets, Maritime and Detection.
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