Wall Street analysts expect FLIR Systems, Inc. (NASDAQ:FLIR) to report earnings per share (EPS) of $0.57 for the current quarter, Zacks reports. Six analysts have issued estimates for FLIR Systems’ earnings. The lowest EPS estimate is $0.55 and the highest is $0.61. FLIR Systems posted earnings per share of $0.52 during the same quarter last year, which indicates a positive year-over-year growth rate of 9.6%. The business is scheduled to issue its next earnings results on Tuesday, February 13th.

According to Zacks, analysts expect that FLIR Systems will report full-year earnings of $1.86 per share for the current fiscal year, with EPS estimates ranging from $1.83 to $1.89. For the next financial year, analysts forecast that the company will post earnings of $2.09 per share, with EPS estimates ranging from $2.01 to $2.15. Zacks’ earnings per share calculations are an average based on a survey of sell-side research firms that follow FLIR Systems.

FLIR Systems (NASDAQ:FLIR) last posted its quarterly earnings data on Wednesday, October 25th. The scientific and technical instruments company reported $0.52 EPS for the quarter, topping the Zacks’ consensus estimate of $0.48 by $0.04. FLIR Systems had a return on equity of 14.30% and a net margin of 12.30%. The firm had revenue of $464.70 million for the quarter, compared to analyst estimates of $446.06 million. During the same quarter last year, the company earned $0.48 EPS. The company’s revenue was up 14.7% on a year-over-year basis.

Several brokerages have recently issued reports on FLIR. Zacks Investment Research lowered FLIR Systems from a “buy” rating to a “hold” rating in a research note on Thursday, November 16th. SunTrust Banks lifted their price target on FLIR Systems from $37.00 to $43.00 and gave the company a “hold” rating in a research note on Thursday, October 26th. Needham & Company LLC reiterated a “buy” rating and issued a $50.00 price target (up previously from $42.00) on shares of FLIR Systems in a research note on Thursday, October 26th. Raymond James Financial lifted their price target on FLIR Systems to $60.00 and gave the company a “strong-buy” rating in a research note on Wednesday, October 25th. Finally, ValuEngine lowered FLIR Systems from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, two have given a buy rating and two have given a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $46.33.

FLIR Systems (NASDAQ FLIR) opened at $47.61 on Friday. FLIR Systems has a 52 week low of $33.75 and a 52 week high of $48.43. The company has a quick ratio of 2.36, a current ratio of 3.48 and a debt-to-equity ratio of 0.22. The stock has a market capitalization of $6,579.50, a price-to-earnings ratio of 29.94 and a beta of 0.63.

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 8th. Investors of record on Friday, November 24th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Wednesday, November 22nd. This represents a $0.60 dividend on an annualized basis and a yield of 1.26%. FLIR Systems’s dividend payout ratio is currently 37.74%.

In related news, SVP Todd M. Duchene sold 9,000 shares of the business’s stock in a transaction on Monday, October 30th. The stock was sold at an average price of $47.00, for a total transaction of $423,000.00. Following the sale, the senior vice president now owns 29,767 shares in the company, valued at approximately $1,399,049. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Brian E. Harding sold 1,836 shares of the business’s stock in a transaction on Monday, October 30th. The stock was sold at an average price of $46.90, for a total value of $86,108.40. Following the sale, the vice president now owns 6,646 shares in the company, valued at approximately $311,697.40. The disclosure for this sale can be found here. Insiders have sold a total of 22,036 shares of company stock worth $1,039,316 in the last 90 days. 3.00% of the stock is currently owned by corporate insiders.

A number of hedge funds have recently modified their holdings of the stock. AXA grew its position in FLIR Systems by 0.8% during the 2nd quarter. AXA now owns 24,102 shares of the scientific and technical instruments company’s stock worth $835,000 after acquiring an additional 200 shares during the last quarter. Stephens Inc. AR grew its position in FLIR Systems by 0.6% during the 2nd quarter. Stephens Inc. AR now owns 34,594 shares of the scientific and technical instruments company’s stock worth $1,199,000 after acquiring an additional 202 shares during the last quarter. Commonwealth Bank of Australia grew its position in FLIR Systems by 14.0% during the 2nd quarter. Commonwealth Bank of Australia now owns 3,250 shares of the scientific and technical instruments company’s stock worth $111,000 after acquiring an additional 400 shares during the last quarter. Norinchukin Bank The grew its position in FLIR Systems by 6.9% during the 2nd quarter. Norinchukin Bank The now owns 9,468 shares of the scientific and technical instruments company’s stock worth $328,000 after acquiring an additional 608 shares during the last quarter. Finally, WCM Investment Management CA grew its position in FLIR Systems by 6.1% during the 3rd quarter. WCM Investment Management CA now owns 19,045 shares of the scientific and technical instruments company’s stock worth $741,000 after acquiring an additional 1,100 shares during the last quarter. Institutional investors and hedge funds own 92.94% of the company’s stock.

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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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Earnings History and Estimates for FLIR Systems (NASDAQ:FLIR)

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