FLIR Systems, Inc. (FLIR) Price Target Raised to $38.00 at Imperial Capital

FLIR Systems, Inc. (NASDAQ:FLIR) had its price objective increased by Imperial Capital from $36.00 to $38.00 in a research report released on Wednesday. The brokerage currently has an outperform rating on the stock.

Several other research firms also recently weighed in on FLIR. Robert W. Baird reiterated a neutral rating and issued a $34.00 target price on shares of FLIR Systems in a research note on Friday, January 20th. Zacks Investment Research downgraded shares of FLIR Systems from a hold rating to a sell rating in a research note on Tuesday, December 27th. SunTrust Banks, Inc. initiated coverage on shares of FLIR Systems in a research note on Thursday, January 19th. They issued a hold rating and a $35.00 target price for the company. Raymond James Financial, Inc. cut shares of FLIR Systems from an outperform rating to a market perform rating in a research note on Tuesday. Finally, Needham & Company LLC boosted their price objective on shares of FLIR Systems from $36.00 to $40.00 and gave the company a buy rating in a research note on Thursday, December 1st. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company currently has an average rating of Buy and a consensus price target of $36.60.

FLIR Systems (NASDAQ:FLIR) opened at 34.15 on Wednesday. The company has a market cap of $4.65 billion, a P/E ratio of 26.85 and a beta of 0.52. FLIR Systems has a 52 week low of $27.98 and a 52 week high of $37.22. The company has a 50-day moving average of $35.69 and a 200 day moving average of $33.29.

FLIR Systems (NASDAQ:FLIR) last posted its earnings results on Tuesday, February 14th. The company reported $0.52 earnings per share for the quarter, missing the consensus estimate of $0.54 by $0.02. The business earned $474.70 million during the quarter, compared to analysts’ expectations of $453.63 million. FLIR Systems had a return on equity of 12.80% and a net margin of 10.79%. FLIR Systems’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.47 EPS. On average, equities analysts forecast that FLIR Systems will post $1.61 EPS for the current fiscal year.

“FLIR Systems, Inc. (FLIR) Price Target Raised to $38.00 at Imperial Capital” was published by BBNS and is the property of of BBNS. If you are reading this piece of content on another publication, it was illegally copied and republished in violation of US & international copyright and trademark law. The original version of this piece of content can be read at https://baseballnewssource.com/markets/flir-systems-inc-flir-price-target-raised-to-38-00-at-imperial-capital-2/434969.html.

The company also recently declared a quarterly dividend, which will be paid on Friday, March 10th. Investors of record on Friday, February 24th will be issued a dividend of $0.15 per share. This is a positive change from FLIR Systems’s previous quarterly dividend of $0.12. This represents a $0.60 dividend on an annualized basis and a yield of 1.76%. The ex-dividend date is Wednesday, February 22nd. FLIR Systems’s dividend payout ratio is currently 37.50%.

A number of large investors have recently bought and sold shares of the stock. Nordea Investment Management AB raised its stake in FLIR Systems by 9.6% in the second quarter. Nordea Investment Management AB now owns 3,763 shares of the company’s stock worth $116,000 after buying an additional 331 shares in the last quarter. Hussman Strategic Advisors Inc. purchased a new stake in FLIR Systems during the third quarter worth approximately $126,000. Toronto Dominion Bank raised its stake in FLIR Systems by 431.0% in the third quarter. Toronto Dominion Bank now owns 4,014 shares of the company’s stock worth $126,000 after buying an additional 3,258 shares in the last quarter. SRB Corp raised its stake in FLIR Systems by 6.4% in the third quarter. SRB Corp now owns 5,017 shares of the company’s stock worth $158,000 after buying an additional 303 shares in the last quarter. Finally, Ladenburg Thalmann Financial Services Inc. raised its stake in FLIR Systems by 17.0% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 5,137 shares of the company’s stock worth $180,000 after buying an additional 746 shares in the last quarter. Institutional investors own 90.79% of the company’s stock.

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 advanced threat-detection solutions. The Company’s segments include Surveillance, Instruments, Security, OEM & Emerging Markets, Maritime and Detection.

5 Day Chart for NASDAQ:FLIR

Receive News & Ratings for FLIR Systems Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FLIR Systems Inc. and related companies with our FREE daily email newsletter.

 

Latest News

Alex Rodriguez: No Comeback for Me
Alex Rodriguez: No Comeback for Me
Cleveland Indians Moving Along Slowly with Corey Kluber
Cleveland Indians Moving Along Slowly with Corey Kluber
Garrett Richards Returns Without Tommy John Surgery
Garrett Richards Returns Without Tommy John Surgery
Chris Tillman Injury Will Test Rotation Depth with Orioles
Chris Tillman Injury Will Test Rotation Depth with Orioles
Brandon Phillips Traded to Atlanta by Cincinnati
Brandon Phillips Traded to Atlanta by Cincinnati
Rumor: Miami Marlins Reach Tentative Agreement to Sell
Rumor: Miami Marlins Reach Tentative Agreement to Sell


Leave a Reply

 
© 2006-2017 BBNS.