Taking a Fresh Look at FLIR Systems, Inc. (FLIR)
- Author: Zachary Reyes Feb 16, 2017,
Feb 16, 2017, 11:44
On average, equities research analysts predict that FLIR Systems will post $1.61 EPS for the current year.
FLIR Systems, Inc. (FLIR) on February 14, 2017 announced financial results for the fourth quarter and full year ended December 31, 2016. Chevy Chase Trust Holdings Inc. now owns 1,494,375 shares of the company's stock valued at $46,953,000 after buying an additional 361,040 shares in the last quarter. Revenue was reported as $1.66 billion.
His career at FLIR includes time as president of the firm's commercial systems division, senior vice president of sales and marketing and head of commercial vision systems division.
April 26, 2016: FLIR Systems, Inc. reported Q1 earnings of $0.3, missing consensus estimates of $0.32. Institutional investors own 89.18% of the company's stock.
Analysts await FLIR Systems, Inc. FLIR Systems, Inc. (NASDAQ:FLIR) has risen 17.05% over the past 6 months and is uptrending. 807,625 shares of the stock were exchanged. The company's 50-day moving average is $35.73 and its two hundred day average is $33.27. The company has a market cap of $5.02 billion and a price-to-earnings ratio of 28.99. Baird reiterated a neutral rating and set a $34.00 price target on shares of FLIR Systems in a research report on Friday, January 20th. Fourth quarter 2016 GAAP net income was $61.5 million, or $0.45 per diluted share, compared with GAAP net income of $70.2 million, or $0.51 per diluted share in the fourth quarter a year ago. FLIR Systems, Inc. (NASDAQ:FLIR)'s price to sales ratio for trailing twelve month stands at 2.86, whereas its price to book ratio for most recent quarter sits at 2.83. The biggest holder now is Earl R. Lewis who owns 502,235 shares (0.37% of those outstanding), whilst Andrew C. Teich holds 269,085 (0.20% of shares outstanding) and Daniel L. Manitakos holds 180,999 (0.13% of shares outstanding). The firm's revenue for the quarter was up 6.1% on a year-over-year basis. Victory Capital Management Inc. increased its position in FLIR Systems by 20.5% in the third quarter.
"FLIR Systems, Inc. (FLIR) Price Target Increased to $38.00 by Analysts at Imperial Capital" was first posted by BBNS and is the property of of BBNS. Seaport Global Securities started coverage on shares of FLIR Systems in a research report on Friday, October 7th. The price target estimates represents a standard deviation of 2.36. The brokerage now has an "outperform" rating on the stock. (NASDAQ:FLIR) at Last Earnings was $29.27 as compared to the previous closing price of $36.4. The company has an average rating of "Buy" and a consensus target price of $36.10.