Somewhat Favorable Press Coverage Somewhat Unlikely to Affect FLIR Systems (FLIR) Share Price
News articles about FLIR Systems (NASDAQ:FLIR) have been trending somewhat positive on Friday, according to Accern Sentiment. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. FLIR Systems earned a news sentiment score of 0.21 on Accern’s scale. Accern also assigned news stories about the scientific and technical instruments company an impact score of 46.2977573087085 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the media headlines that may have impacted Accern Sentiment’s rankings:
- Wireless Surveillance Systems Market Outlook, Opportunity and Forecast by 2024 (reports.pr-inside.com)
- FLIR : 67– FLIR INFRARED CAMERA CALIBRATION (4-traders.com)
- Global Homeland Security Market 2017: Magal Security Systems Ltd, Thales Group, Raytheon Company, Unisys Corporation, OSI Systems (sbwire.com)
- FLIR Systems, Inc. (FLIR) has a value of $39.34 per share While … – Stocks Gallery (stocksgallery.com)
- New report shares details about the airport security industry (whatech.com)
FLIR has been the subject of several recent research reports. BidaskClub lowered FLIR Systems from a “hold” rating to a “sell” rating in a report on Tuesday, June 13th. Zacks Investment Research raised FLIR Systems from a “hold” rating to a “buy” rating and set a $39.00 price target for the company in a report on Tuesday, June 27th. Stephens initiated coverage on FLIR Systems in a report on Friday, July 7th. They set an “overweight” rating for the company. UBS AG raised FLIR Systems from a “market perform” rating to a “strong-buy” rating in a report on Monday, July 10th. Finally, Raymond James Financial, Inc. raised 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. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, four have given a buy rating and two have assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $38.38.
FLIR Systems (NASDAQ:FLIR) opened at 39.24 on Friday. FLIR Systems has a 1-year low of $28.26 and a 1-year high of $39.50. The company has a market cap of $5.38 billion, a price-to-earnings ratio of 25.30 and a beta of 0.60. The stock has a 50 day moving average price of $37.86 and a 200-day moving average price of $36.87.
FLIR Systems (NASDAQ:FLIR) last announced its quarterly earnings results on Wednesday, July 26th. The scientific and technical instruments company reported $0.42 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.41 by $0.01. FLIR Systems had a return on equity of 13.97% and a net margin of 12.44%. The firm had revenue of $434.12 million during the quarter, compared to analyst estimates of $437.32 million. During the same quarter in the previous year, the business earned $0.37 EPS. FLIR Systems’s revenue for the quarter was up 7.8% compared to the same quarter last year. On average, equities research analysts forecast that FLIR Systems will post $1.85 EPS for the current year.
The firm also recently declared a quarterly dividend, which was paid on Friday, September 8th. Investors of record on Friday, August 25th were paid a $0.15 dividend. The ex-dividend date of this dividend was Wednesday, August 23rd. This represents a $0.60 annualized dividend and a dividend yield of 1.53%. FLIR Systems’s dividend payout ratio is presently 38.46%.
In related news, Director Earl R. Lewis sold 11,587 shares of FLIR Systems stock in a transaction dated Monday, July 31st. The stock was sold at an average price of $37.27, for a total value of $431,847.49. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Earl R. Lewis sold 20,000 shares of FLIR Systems stock in a transaction dated Wednesday, August 16th. The stock was sold at an average price of $38.22, for a total value of $764,400.00. Following the completion of the sale, the director now owns 509,379 shares in the company, valued at $19,468,465.38. The disclosure for this sale can be found here. In the last 90 days, insiders sold 292,907 shares of company stock valued at $11,191,737. 3.00% of the stock is owned by company insiders.
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About FLIR Systems
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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