FLIR Systems (NASDAQ: FLIR)‘s stock had its “buy” rating reiterated by investment analysts at Sterne Agee in a note issued to investors on Tuesday. They currently have a $30.00 target price on the stock.
FLIR Systems traded up 0.92% on Tuesday, hitting $26.31. FLIR Systems has a 52-week low of $17.99 and a 52-week high of $27.16. The stock’s 50-day moving average is currently $25.11. The company has a market cap of $3.897 billion and a price-to-earnings ratio of 17.97.
FLIR Systems last issued its quarterly earnings data on Thursday, February 7th. The company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.02. The company had revenue of $386.40 million for the quarter, compared to the consensus estimate of $396.19 million. During the same quarter in the prior year, the company posted $0.49 earnings per share. The company’s quarterly revenue was down 4.6% on a year-over-year basis. FLIR Systems has set its FY13 guidance at $1.56-1.66 EPS. Analysts expect that FLIR Systems will post $1.64 EPS for the current fiscal year.
Other equities research analysts have also recently issued reports about the stock. Analysts at Zacks reiterated a “neutral” rating on shares of FLIR Systems in a research note to investors on Friday, February 22nd. They now have a $27.00 price target on the stock. Separately, analysts at Standpoint Research downgraded shares of FLIR Systems from a “buy” rating to a “hold” rating in a research note to investors on Wednesday, January 23rd. Finally, analysts at CRT Capital reiterated a “fairly valued” rating on shares of FLIR Systems in a research note to investors on Wednesday, January 9th. They now have a $20.00 price target on the stock.
The company also recently declared a quarterly dividend, which is scheduled for Friday, March 8th. Investors of record on Tuesday, February 19th will be given a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 1.38%. The ex-dividend date of this dividend is Thursday, February 14th. This is an increase from FLIR Systems’s previous quarterly dividend of $0.07.
FLIR Systems, Inc. (FLIR) is a designer, manufacturer, and marketer of thermal imaging systems. The Company’s advanced sensors and integrated sensor systems enable the gathering and analysis of information through a variety of applications in commercial, industrial, and government markets worldwide.
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