FLIR Systems Rating Increased to Buy at Standpoint Research (FLIR)

By admin | 6 years ago

FLIR Systems (NASDAQ: FLIR) was upgraded by Standpoint Research from a “hold” rating to a “buy” rating in a research note issued on Monday. The firm currently has a $28.00 price target on the stock.

Other equities research analysts have also recently issued reports about the stock. 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. Separately, analysts at Needham & Company reiterated a “hold” rating on shares of FLIR Systems in a research note to investors on Monday. Finally, analysts at Zacks reiterated a “neutral” rating on shares of FLIR Systems in a research note to investors on Thursday, April 26th. They now have a $24.00 price target on the stock.

FLIR Systems traded up 0.31% on Monday, hitting $22.53. 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 $3.481 billion and a price-to-earnings ratio of 16.50.

The company last announced its quarterly results on Friday, April 27th. It reported $0.31 earnings per share (EPS) for the previous quarter, missing the Thomson Reuters consensus estimate of $0.34 EPS by $0.03. The company’s quarterly revenue was down 7.3% on a year-over-year basis. 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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