FLIR Systems, Inc. (NASDAQ:FLIR) – Analysts at William Blair issued their Q1 2019 EPS estimates for shares of FLIR Systems in a report issued on Wednesday. William Blair analyst J. Ho anticipates that the scientific and technical instruments company will post earnings of $0.47 per share for the quarter. William Blair also issued estimates for FLIR Systems’ Q2 2019 earnings at $0.51 EPS.
FLIR Systems (NASDAQ:FLIR) last announced its quarterly earnings results on Wednesday, February 14th. The scientific and technical instruments company reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.55 by $0.03. FLIR Systems had a return on equity of 14.54% and a net margin of 5.96%. The business had revenue of $494.80 million during the quarter, compared to analysts’ expectations of $501.44 million. During the same quarter last year, the business posted $0.48 earnings per share. The business’s revenue for the quarter was up 4.2% on a year-over-year basis.
Shares of FLIR Systems (NASDAQ FLIR) traded down $0.39 during mid-day trading on Monday, hitting $49.09. The stock had a trading volume of 866,000 shares, compared to its average volume of 981,591. FLIR Systems has a twelve month low of $33.95 and a twelve month high of $52.88. The stock has a market capitalization of $6,802.61, a PE ratio of 62.94 and a beta of 0.66. The company has a current ratio of 3.51, a quick ratio of 2.57 and a debt-to-equity ratio of 0.23.
A number of institutional investors have recently bought and sold shares of the stock. Pier Capital LLC purchased a new stake in FLIR Systems during the 4th quarter worth about $337,000. Segall Bryant & Hamill LLC increased its position in FLIR Systems by 140.8% during the 4th quarter. Segall Bryant & Hamill LLC now owns 1,730,541 shares of the scientific and technical instruments company’s stock worth $80,678,000 after purchasing an additional 1,011,871 shares in the last quarter. MetLife Investment Advisors LLC purchased a new stake in FLIR Systems during the 4th quarter worth about $1,999,000. Municipal Employees Retirement System of Michigan increased its position in FLIR Systems by 47.0% during the 4th quarter. Municipal Employees Retirement System of Michigan now owns 25,110 shares of the scientific and technical instruments company’s stock worth $1,171,000 after purchasing an additional 8,030 shares in the last quarter. Finally, Castleark Management LLC purchased a new stake in FLIR Systems in the 4th quarter valued at about $5,189,000. Hedge funds and other institutional investors own 90.32% of the company’s stock.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 9th. Investors of record on Friday, February 23rd will be given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date is Thursday, February 22nd. This is a boost from FLIR Systems’s previous quarterly dividend of $0.15. FLIR Systems’s dividend payout ratio (DPR) is currently 76.92%.
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FLIR Systems Company Profile
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.
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