FLIR Systems (NASDAQ:FLIR) Earns News Sentiment Rating of 0.22

News articles about FLIR Systems (NASDAQ:FLIR) have been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. FLIR Systems earned a coverage optimism score of 0.22 on Accern’s scale. Accern also assigned news headlines about the scientific and technical instruments company an impact score of 45.7735640271726 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Here are some of the news headlines that may have impacted Accern Sentiment’s analysis:

Several equities analysts have weighed in on the company. Needham & Company LLC reaffirmed a “buy” rating and issued a $50.00 price objective (up from $42.00) on shares of FLIR Systems in a report on Thursday, October 26th. Zacks Investment Research raised FLIR Systems from a “hold” rating to a “buy” rating and set a $56.00 price objective for the company in a report on Tuesday, January 9th. SunTrust Banks raised FLIR Systems from a “hold” rating to a “buy” rating and set a $43.00 price objective for the company in a report on Monday, January 8th. ValuEngine cut FLIR Systems from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Finally, Robert W. Baird reissued a “hold” rating and set a $34.00 price target on shares of FLIR Systems in a report on Tuesday, October 24th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, four have assigned a buy rating and two have issued a strong buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $46.83.

Shares of FLIR Systems (NASDAQ FLIR) traded up $0.02 on Friday, reaching $50.28. The company’s stock had a trading volume of 664,298 shares, compared to its average volume of 773,065. FLIR Systems has a fifty-two week low of $33.75 and a fifty-two week high of $50.47. The company has a current ratio of 3.48, a quick ratio of 2.36 and a debt-to-equity ratio of 0.22. The firm has a market cap of $6,967.50, a PE ratio of 27.63 and a beta of 0.63.

FLIR Systems (NASDAQ:FLIR) last issued its earnings results on Wednesday, October 25th. The scientific and technical instruments company reported $0.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.04. FLIR Systems had a return on equity of 14.30% and a net margin of 12.30%. The business had revenue of $464.70 million during the quarter, compared to analysts’ expectations of $446.06 million. During the same quarter in the prior year, the firm earned $0.48 EPS. The business’s revenue for the quarter was up 14.7% compared to the same quarter last year. equities analysts forecast that FLIR Systems will post 1.86 earnings per share for the current fiscal year.

In other FLIR Systems news, SVP Todd M. Duchene sold 9,000 shares of the company’s stock in a transaction dated Monday, October 30th. The stock was sold at an average price of $47.00, for a total value 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Steven E. Wynne sold 11,200 shares of the company’s stock in a transaction dated Friday, October 27th. The shares were sold at an average price of $47.34, for a total value of $530,208.00. The disclosure for this sale can be found here. Insiders sold a total of 22,036 shares of company stock worth $1,039,316 in the last quarter. Corporate insiders own 3.00% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for FLIR Systems (NASDAQ:FLIR)

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