FLIR Systems (NASDAQ:FLIR) will be issuing its quarterly earnings data before the market opens on Tuesday, April 24th. Analysts expect the company to announce earnings of $0.44 per share for the quarter. FLIR Systems has set its FY18 guidance at $2.05-2.10 EPS.
FLIR Systems (NASDAQ:FLIR) last posted its quarterly earnings data on Wednesday, February 14th. The scientific and technical instruments company reported $0.58 EPS for the quarter, topping the Zacks’ consensus estimate of $0.55 by $0.03. The company had revenue of $494.80 million for the quarter, compared to analyst estimates of $501.44 million. FLIR Systems had a return on equity of 14.54% and a net margin of 5.96%. The firm’s quarterly revenue was up 4.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.48 earnings per share. On average, analysts expect FLIR Systems to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
FLIR Systems stock opened at $52.16 on Tuesday. The company has a current ratio of 3.51, a quick ratio of 2.57 and a debt-to-equity ratio of 0.23. The company has a market capitalization of $7,136.31, a P/E ratio of 27.74 and a beta of 0.68. FLIR Systems has a one year low of $33.95 and a one year high of $52.88.
A number of equities research analysts have weighed in on FLIR shares. ValuEngine upgraded FLIR Systems from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. BidaskClub upgraded FLIR Systems from a “hold” rating to a “buy” rating in a report on Saturday, March 3rd. Zacks Investment Research downgraded FLIR Systems from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. SunTrust Banks upgraded FLIR Systems from a “hold” rating to a “buy” rating and set a $43.00 target price for the company in a report on Monday, January 8th. Finally, Imperial Capital lifted their target price on FLIR Systems from $38.00 to $53.00 and gave the stock an “in-line” rating in a report on Thursday, March 22nd. Three analysts have rated the stock with a hold rating, four have issued a buy rating and three have given a strong buy rating to the company’s stock. FLIR Systems presently has a consensus rating of “Buy” and an average price target of $51.86.
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About FLIR Systems
FLIR Systems, Inc designs, develops, manufactures, and markets thermal imaging systems, visible-light imaging systems, locater systems, measurement and diagnostic systems, and threat-detection solutions worldwide. The company operates in six segments: Surveillance, Instruments, Security, OEM & Emerging Markets, Maritime, and Detection.
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