FLIR Systems (NASDAQ:FLIR) was upgraded by equities researchers at CRT Capital from a “fair value” rating to a “buy” rating in a research report issued on Tuesday, TheFlyOnTheWall.com reports.
Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase & Co. cut their price target on shares of FLIR Systems from $29.50 to $28.00 in a research note to investors on Tuesday, October 15th. They now have an “underweight” rating on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of FLIR Systems in a research note to investors on Friday, September 13th. They now have a $33.00 price target on the stock. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. FLIR Systems currently has an average rating of “Hold” and an average target price of $30.67.
Shares of FLIR Systems (NASDAQ:FLIR) opened at 29.35 on Tuesday. FLIR Systems has a 52 week low of $19.70 and a 52 week high of $33.81. The stock’s 50-day moving average is $29.12 and its 200-day moving average is $29.36. The company has a market cap of $4.158 billion and a P/E ratio of 19.23.
FLIR Systems (NASDAQ:FLIR) last issued its quarterly earnings data on Thursday, October 24th. The company reported $0.32 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.32. The company had revenue of $358.10 million for the quarter, compared to the consensus estimate of $358.39 million. During the same quarter in the prior year, the company posted $0.37 earnings per share. The company’s quarterly revenue was up 7.8% on a year-over-year basis. On average, analysts predict that FLIR Systems will post $1.33 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, December 6th. Shareholders of record on Monday, November 18th will be paid a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 1.23%. The ex-dividend date is Thursday, November 14th.
FLIR Systems, Inc (NASDAQ:FLIR) is a designer, manufacturer, and marketer of thermal imaging systems.
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