CRT Capital Starts Stock Coverage on FLIR Systems (FLIR)
Other equities research analysts have also recently issued reports about the stock. Analysts at Standpoint Research upgraded shares of FLIR Systems from a “hold” rating to a “buy” rating in a research note to investors on Monday, April 30th. They now have a $28.00 price target on the stock. Separately, analysts at William Blair downgraded shares of FLIR Systems from an “outperform” rating to a “market perform” rating in a research note to investors on Monday, April 30th. Finally, analysts at Needham & Company reiterated a “hold” rating on shares of FLIR Systems in a research note to investors on Monday, April 30th.
FLIR Systems traded down 0.42% on Friday, hitting $21.30. FLIR Systems has a 1-year low of $21.86 and a 1-year high of $37.29. The company has a market cap of $3.291 billion and a price-to-earnings ratio of 15.72.
FLIR Systems last released its earnings data on Friday, April 27th. The company reported $0.31 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.34 by $0.03. FLIR Systems’s revenue was down 7.3% compared to the same quarter last year. Analysts expect that FLIR Systems will post $0.43 EPS next quarter.
FLIR Systems, Inc. (FLIR) is a designer, manufacturer, and marketer of thermal imaging systems. The Company’s advanced sensors and integrated sensor systems enable the gathering and analysis of information through a variety of applications in commercial, industrial, and government markets worldwide.