Headlines about FLIR Systems (NASDAQ:FLIR) have trended somewhat positive recently, according to Accern Sentiment. Accern rates the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. FLIR Systems earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned media stories about the scientific and technical instruments company an impact score of 46.3785489391992 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the media stories that may have impacted Accern’s scoring:
- FLIR Systems, Inc. : FLIR-US: Dividend Analysis : August 25th, 2017 (record date) : By the numbers : September 20, 2017 (finance.yahoo.com)
- Zacks: Analysts Expect FLIR Systems, Inc. (FLIR) to Announce $0.47 Earnings Per Share (americanbankingnews.com)
- Threat Detection Systems Market to Record an Impressive Growth by 2024 (sbwire.com)
- Eyelits Integrated Manufacturing Execution System (MES) Implemented by Multi-Billion-Dollar Prestigious Power and Propulsion Systems Manufacturer (itbusinessnet.com)
- Night Vision Enhancement Systems Market to Register Substantial Expansion by 2026 (sbwire.com)
FLIR Systems (FLIR) opened at 39.71 on Thursday. The company has a market capitalization of $5.45 billion, a P/E ratio of 25.60 and a beta of 0.60. The firm has a 50 day moving average of $38.12 and a 200-day moving average of $36.95. FLIR Systems has a 52 week low of $28.26 and a 52 week high of $40.76.
FLIR Systems (NASDAQ:FLIR) last posted its earnings results on Wednesday, July 26th. The scientific and technical instruments company reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.01. The firm had revenue of $434.12 million during the quarter, compared to analysts’ expectations of $437.32 million. FLIR Systems had a net margin of 12.44% and a return on equity of 13.97%. The business’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.37 earnings per share. On average, analysts forecast that FLIR Systems will post $1.85 earnings per share for the current year.
The business also recently announced a quarterly dividend, which was paid on Friday, September 8th. Stockholders of record on Friday, August 25th were issued a $0.15 dividend. The ex-dividend date of this dividend was Wednesday, August 23rd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.51%. FLIR Systems’s dividend payout ratio (DPR) is currently 38.46%.
Several analysts have recently weighed in on FLIR shares. BidaskClub lowered shares of FLIR Systems from a “sell” rating to a “strong sell” rating in a research report on Wednesday, June 21st. Raymond James Financial, Inc. raised shares of FLIR Systems from a “market perform” rating to a “strong-buy” rating and set a $43.00 price target for the company in a report on Monday, July 10th. Stephens initiated coverage on shares of FLIR Systems in a report on Friday, July 7th. They set an “overweight” rating for the company. UBS AG raised shares of FLIR Systems from a “market perform” rating to a “strong-buy” rating in a report on Monday, July 10th. Finally, Zacks Investment Research downgraded shares of FLIR Systems from a “buy” rating to a “hold” rating in a report on Friday, July 28th. One analyst has rated the stock with a sell rating, four have given a hold rating, four have given a buy rating and two have assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $38.38.
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In other news, Director Earl R. Lewis sold 20,000 shares of the stock in a transaction dated Wednesday, August 16th. The shares were sold at an average price of $38.22, for a total value of $764,400.00. Following the completion of the transaction, the director now owns 509,379 shares of the company’s stock, valued at $19,468,465.38. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Thomas A. Surran sold 261,320 shares of the stock in a transaction dated Friday, September 1st. The stock was sold at an average price of $38.25, for a total transaction of $9,995,490.00. The disclosure for this sale can be found here. Insiders sold 292,907 shares of company stock valued at $11,191,737 in the last three months. Company insiders own 3.00% of the company’s stock.
FLIR Systems Company Profile
FLIR Systems, Inc (FLIR) designs, develops, markets and distributes thermal imaging systems, visible-light imaging systems, locater systems, measurement and diagnostic systems and threat-detection solutions. The Company’s segments include Surveillance, Instruments, Security, OEM & Emerging Markets, Maritime and Detection.
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