NASDAQ:FLIRFLIR Systems Stock Price, Forecast & News

$45.87

-0.33 (-0.71 %)

(As of 06/2/2020 04:00 PM ET)

Add

Compare

Today's Range

$45.83

Now: $45.87▼

$47.00

50-Day Range

$33.69

MA: $42.66▼

$48.70

52-Week Range

$23.85

Now: $45.87▼

$59.44

Volume1.39 million shs

Average Volume1.75 million shs

Market Capitalization$6.00 billion

P/E Ratio49.86

Dividend Yield1.48%

Beta1.57

FLIR Systems, Inc. designs, develops, markets, and distributes thermal imaging systems, visible-light imaging systems, locater systems, measurement and diagnostic systems, and threat-detection solutions worldwide. The company operates in three segments: Industrial Business Unit, Government and Defense Business Unit, and Commercial Business Unit. The Industrial Business Unit segment offers thermal and visible-spectrum imaging cores and components for parties that create thermal, industrial, and other types of imaging systems; and products, such as thermal imaging cameras, gas detection cameras, firefighting cameras, process automation cameras, and environmental test and measurement devices. The Government and Defense Business Unit segment offers airborne, land, maritime, man-portable multi-spectrum imaging systems, radars, lasers, imaging components, integrated multi-sensor system platforms, CBRNE detectors, and nano-class UAS solutions, as well as services related to these systems. The Commercial Business Unit segment provides thermal and visible-spectrum security cameras, digital and networked video recorders, and related software and accessories; networked marine electronic systems that include multi-function helm displays, navigational instruments, autopilots, radars, sonar systems, thermal and visible imaging systems; communications equipment for boats, traffic cameras, sensors and associated traffic management software; and thermal scopes and handheld thermal cameras. FLIR Systems, Inc. was founded in 1978 and is headquartered in Wilsonville, Oregon.

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
FLIR Systems has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $51.14, FLIR Systems has a potential upside of 11.5% from its current price of $45.87.
Amount of Analyst Coverage
FLIR Systems has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.3 Community Rank

Outperform Votes
FLIR Systems has received 455 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
FLIR Systems has received 538 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
FLIR Systems has received 54.18% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about FLIR Systems and other stocks. Vote “Outperform” if you believe FLIR will outperform the S&P 500 over the long term. Vote “Underperform” if you believe FLIR will underperform the S&P 500 over the long term. You may vote once every thirty days.

4.2 Dividend Strength

Dividend Leadership
FLIR Systems is a leading dividend payer. It pays a dividend yield of 1.48%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
FLIR Systems has been increasing its dividend for 9 years.
Dividend Coverage
The dividend payout ratio of FLIR Systems is 30.49 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, FLIR Systems will have a dividend payout ratio of 28.94 % next year. This indicates that FLIR Systems will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, FLIR Systems insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,041,144.00 in company stock.
Percentage Held by Insiders
Only 1.58% of the stock of FLIR Systems is held by insiders.
Percentage Held by Institutions
92.81% of the stock of FLIR Systems is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for FLIR Systems are expected to grow by 13.53% in the coming year, from $2.07 to $2.35 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of FLIR Systems is 49.86, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.72.
Price to Earnings Ratio vs. Sector
The P/E ratio of FLIR Systems is 49.86, which means that it is trading at a more expensive P/E ratio than the Aerospace sector average P/E ratio of about 21.08.
Price to Book Value per Share Ratio
FLIR Systems has a P/B Ratio of 3.29. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.27 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Search & navigation equipment

Sub-IndustryElectronic Equipment & Instruments

SectorAerospace

Current SymbolNASDAQ:FLIR

Previous Symbol

CUSIP30244510

CIK354908

Webwww.flir.com

Phone503-498-3547

Debt

Debt-to-Equity Ratio0.37

Current Ratio1.92

Quick Ratio1.24

Price-To-Earnings

Trailing P/E Ratio49.86

Forward P/E Ratio22.16

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.89 billion

Price / Sales3.18

Cash Flow$3.12 per share

Price / Cash Flow14.70

Book Value$13.95 per share

Price / Book3.29

Profitability

EPS (Most Recent Fiscal Year)$2.23

Net Income$171.60 million

Net Margins6.62%

Return on Equity15.71%

Return on Assets9.10%

Miscellaneous

Employees4,265

Outstanding Shares130,842,000

Market Cap$6.00 billion

Next Earnings Date7/22/2020 (Estimated)

OptionableOptionable

Receive FLIR News and Ratings via Email

Sign-up to receive the latest news and ratings for FLIR and its competitors with MarketBeat's FREE daily newsletter.

FLIR Systems (NASDAQ:FLIR) Frequently Asked Questions

How has FLIR Systems' stock been impacted by COVID-19 (Coronavirus)?

FLIR Systems' stock was trading at $35.15 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, FLIR shares have increased by 30.5% and is now trading at $45.87. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of FLIR Systems?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FLIR Systems in the last year. There are currently 1 sell rating, 3 hold ratings, 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for FLIR Systems.

When is FLIR Systems' next earnings date?

FLIR Systems is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for FLIR Systems.

How were FLIR Systems' earnings last quarter?

FLIR Systems, Inc. (NASDAQ:FLIR) released its quarterly earnings results on Wednesday, May, 6th. The scientific and technical instruments company reported $0.42 earnings per share for the quarter, hitting the Zacks' consensus estimate of $0.42. The scientific and technical instruments company had revenue of $450.90 million for the quarter, compared to the consensus estimate of $437.48 million. FLIR Systems had a return on equity of 15.71% and a net margin of 6.62%. FLIR Systems's revenue for the quarter was up 1.4% on a year-over-year basis. During the same quarter last year, the company earned $0.53 EPS. View FLIR Systems' earnings history.

How often does FLIR Systems pay dividends? What is the dividend yield for FLIR Systems?

FLIR Systems announced a quarterly dividend on Wednesday, May 6th. Shareholders of record on Friday, May 22nd will be given a dividend of $0.17 per share on Friday, June 5th. This represents a $0.68 annualized dividend and a yield of 1.48%. The ex-dividend date of this dividend is Thursday, May 21st. View FLIR Systems' dividend history.

What price target have analysts set for FLIR?

8 brokerages have issued 1 year target prices for FLIR Systems' shares. Their forecasts range from $31.00 to $75.00. On average, they anticipate FLIR Systems' stock price to reach $51.14 in the next year. This suggests a possible upside of 11.5% from the stock's current price. View analysts' price targets for FLIR Systems.

Has FLIR Systems been receiving favorable news coverage?

News stories about FLIR stock have trended very negative this week, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. FLIR Systems earned a news sentiment score of -3.5 on InfoTrie's scale. They also gave news stories about the scientific and technical instruments company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutFLIR Systems.

Are investors shorting FLIR Systems?

FLIR Systems saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 2,290,000 shares, an increase of 23.8% from the April 30th total of 1,850,000 shares. Based on an average daily volume of 2,190,000 shares, the days-to-cover ratio is presently 1.0 days. Approximately 1.8% of the shares of the company are sold short. View FLIR Systems' Current Options Chain.

Who are some of FLIR Systems' key competitors?

Some companies that are related to FLIR Systems include Cognex (CGNX), National Instruments (NATI), Coherent (COHR), Itron (ITRI), Badger Meter (BMI), OSI Systems (OSIS), Mesa Laboratories (MLAB), FARO Technologies (FARO), MTS Systems (MTSC), Vishay Precision Group (VPG) and Daktronics (DAKT). View all competitors.

What other stocks do shareholders of FLIR Systems own?

Based on aggregate information from My MarketBeat watchlists, some companies that other FLIR Systems investors own include Bank of America (BAC), Intelsat (I), Intel (INTC), Micron Technology (MU), AT&T (T), Cisco Systems (CSCO), Johnson & Johnson (JNJ), Alibaba Group (BABA), Ciena (CIEN) and Ford Motor (F).

Who are FLIR Systems' key executives?

FLIR Systems' management team includes the following people:

Mr. James J. Cannon, Pres, CEO & Director (Age 48)
Ms. Carol P. Lowe, CFO & Exec. VP (Age 53)
Mr. Todd M. DuChene, Chief Ethics & Compliance Officer, Sr. VP, Gen. Counsel & Sec. (Age 55)
Mr. Anthony D. Buffum, Chief HR Officer & Sr. VP (Age 37)
Mr. Jeffrey D. Frank, Sr. VP of Global Product Strategy (Age 62)

What is FLIR Systems' stock symbol?

FLIR Systems trades on the NASDAQ under the ticker symbol "FLIR."

Who are FLIR Systems' major shareholders?

FLIR Systems' stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.86%), State Street Corp (4.41%), Bank of New York Mellon Corp (3.31%), Atlanta Capital Management Co. L L C (3.23%), Wells Fargo & Company MN (2.88%) and Capital World Investors (2.21%). Company insiders that own FLIR Systems stock include Anthony D Buffum, Brian E Harding, Catherine Ann Halligan, Earl R Lewis, Jeffrey Frank, John D Carter, Michael T Smith, Steven E Wynne and Todd M Duchene. View institutional ownership trends for FLIR Systems.

Which major investors are selling FLIR Systems stock?

FLIR stock was sold by a variety of institutional investors in the last quarter, including Capital World Investors, JPMorgan Chase & Co., Massachusetts Financial Services Co. MA, Fred Alger Management LLC, Eagle Asset Management Inc., Bank of New York Mellon Corp, Invesco Ltd., and Carillon Tower Advisers Inc.. Company insiders that have sold FLIR Systems company stock in the last year include Anthony D Buffum, Brian E Harding, Catherine Ann Halligan, and Steven E Wynne. View insider buying and selling activity for FLIR Systems.

Which major investors are buying FLIR Systems stock?

FLIR stock was purchased by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Sumitomo Mitsui Trust Holdings Inc., Ceredex Value Advisors LLC, Schroder Investment Management Group, Prudential PLC, Deutsche Bank AG, UBS Group AG, and Polar Asset Management Partners Inc.. View insider buying and selling activity for FLIR Systems.

How do I buy shares of FLIR Systems?

Shares of FLIR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is FLIR Systems' stock price today?

One share of FLIR stock can currently be purchased for approximately $45.87.

How big of a company is FLIR Systems?

FLIR Systems has a market capitalization of $6.00 billion and generates $1.89 billion in revenue each year. The scientific and technical instruments company earns $171.60 million in net income (profit) each year or $2.23 on an earnings per share basis. FLIR Systems employs 4,265 workers across the globe.

What is FLIR Systems' official website?

The official website for FLIR Systems is www.flir.com.

How can I contact FLIR Systems?

FLIR Systems' mailing address is 27700 SW PARKWAY AVENUE, WILSONVILLE OR, 97070. The scientific and technical instruments company can be reached via phone at 503-498-3547.

This page was last updated on 6/2/2020 by MarketBeat.com Staff