CRT Capital Starts Stock Coverage on FLIR Systems (FLIR)

By admin | 6 years ago

Equities research analysts at CRT Capital started coverage on shares of FLIR Systems (NASDAQ: FLIR) in a research note issued to investors on Friday. The firm set a “fair value” rating on the stock.

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.

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