FLIR Systems Inc. [NASDAQ: FLIR] loss -2.44% on the last trading session, reaching $44.47 price per share at the time. FLIR Systems Inc. represents 133.60 million in outstanding shares, while the company has a total market value of $5.88 billion with the latest information. FLIR stock price has been found in the range of $44.39 to $46.41.
If compared to the average trading volume of 2.28M shares, FLIR reached a trading volume of 2084399 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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Here is what top equities market gurus are saying about FLIR Systems Inc. [FLIR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FLIR shares is $47.38 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FLIR stock is a recommendation set at 2.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Needham have made an estimate for FLIR Systems Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 23, 2020. While these analysts kept the previous recommendation, Goldman dropped their target price from $44 to $31. The new note on the price target was released on April 09, 2020, representing the official price target for FLIR Systems Inc. stock. Previously, the target price had yet another drop from $57 to $45, while Imperial Capital kept a In-line rating on FLIR stock. On February 28, 2020, analysts decreased their price target for FLIR shares from 61 to 50.
The Average True Range (ATR) for FLIR Systems Inc. is set at 1.71, with the Price to Sales ratio for FLIR stock in the period of the last 12 months amounting to 3.11. The Price to Book ratio for the last quarter was 3.49, with the Price to Cash per share for the same quarter was set at 2.33. Price to Free Cash Flow for FLIR in the course of the last twelve months was 26.03 with Quick ratio for the last quarter at 1.20.
Trading performance analysis for FLIR stock
FLIR Systems Inc. [FLIR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.00. With this latest performance, FLIR shares dropped by -8.69% in over the last four-week period, additionally sinking by -16.38% over the last 6 months – not to mention a drop of -14.18% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for FLIR stock in for the last two-week period is set at 50.66, with the RSI for the last a single of trading hit 41.86, and the three-weeks RSI is set at 51.24 for FLIR Systems Inc. [FLIR]. The present Moving Average for the last 50 days of trading for this stock 41.60, while it was recorded at 46.00 for the last single week of trading, and 48.19 for the last 200 days.
FLIR Systems Inc. [FLIR]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and FLIR Systems Inc. [FLIR] shares currently have an operating margin of +15.92 and a Gross Margin at +49.26. FLIR Systems Inc.’s Net Margin is presently recorded at +9.09.
Return on Total Capital for FLIR is now 12.29, given the latest momentum, and Return on Invested Capital for the company is 7.08. Return on Equity for this stock inclined to 9.16, with Return on Assets sitting at 5.80. When it comes to the capital structure of this company, FLIR Systems Inc. [FLIR] has a Total Debt to Total Equity ratio set at 38.27. Additionally, FLIR Total Debt to Total Capital is recorded at 27.68, with Total Debt to Total Assets ending up at 22.83. Long-Term Debt to Equity for the company is recorded at 36.12, with the Long-Term Debt to Total Capital now at 26.12.
Reflecting on the efficiency of the workforce at the company, FLIR Systems Inc. [FLIR] managed to generate an average of $40,234 per employee. Receivables Turnover for the company is 5.87 with a Total Asset Turnover recorded at a value of 0.64.FLIR Systems Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.20 and a Current Ratio set at 1.90.
FLIR Systems Inc. [FLIR]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, FLIR Systems Inc. posted 0.56/share EPS, while the average EPS was predicted by analysts to be reported at 0.55/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 1.80%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for FLIR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for FLIR Systems Inc. go to 21.90%.
An analysis of insider ownership at FLIR Systems Inc. [FLIR]
There are presently around $5,668 million, or 95.50% of FLIR stock, in the hands of institutional investors. The top three institutional holders of FLIR stocks are: VANGUARD GROUP INC with ownership of 15,411,755, which is approximately 2.229% of the company’s market cap and around 1.00% of the total institutional ownership; BLACKROCK INC., holding 10,562,322 shares of the stock with an approximate value of $481.43 million in FLIR stocks shares; and STATE STREET CORP, currently with $263.24 million in FLIR stock with ownership of nearly 1.035% of the company’s market capitalization.
Positions in FLIR Systems Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 215 institutional holders increased their position in FLIR Systems Inc. [NASDAQ:FLIR] by around 14,788,028 shares. Additionally, 296 investors decreased positions by around 17,326,026 shares, while 47 investors held positions by with 92,239,037 shares. The mentioned changes placed institutional holdings at 124,353,091 shares, according to the latest SEC report filing. FLIR stock had 58 new institutional investments in for a total of 3,148,460 shares, while 102 institutional investors sold positions of 3,148,687 shares during the same period.