FLIR Systems Receives Average Rating of “Hold” from Analysts (NASDAQ:FLIR)
FLIR Systems (NASDAQ:FLIR) has received an average rating of “Hold” from the eleven brokerages that are currently covering the stock, ARN reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $37.00.
FLIR has been the subject of a number of recent research reports. Analysts at Oppenheimer initiated coverage on shares of FLIR Systems in a research note on Thursday, July 17th. They set an “outperform” rating and a $40.00 price target on the stock. Separately, analysts at JPMorgan Chase & Co. raised their price target on shares of FLIR Systems from $27.50 to $29.00 in a research note on Tuesday, July 15th. They now have an “underweight” rating on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of FLIR Systems in a research note on Friday, July 11th. They now have a $36.00 price target on the stock.
FLIR Systems (NASDAQ:FLIR) opened at 33.63 on Friday. FLIR Systems has a 1-year low of $27.91 and a 1-year high of $37.42. The stock has a 50-day moving average of $34.78 and a 200-day moving average of $34.04. The company has a market cap of $4.763 billion and a price-to-earnings ratio of 31.07.
FLIR Systems (NASDAQ:FLIR) last announced its earnings results on Friday, April 25th. The company reported $0.21 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.26 by $0.05. The company had revenue of $251.54 million for the quarter, compared to the consensus estimate of $346.41 million. During the same quarter last year, the company posted $0.35 earnings per share. FLIR Systems’s revenue was up .8% compared to the same quarter last year. Analysts expect that FLIR Systems will post $1.41 EPS for the current fiscal year.
FLIR Systems, Inc (NASDAQ:FLIR), is a designer, manufacturer, and marketer of thermal imaging systems.
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