FLIR Systems, Inc. (NASDAQ:FLIR) – Equities research analysts at William Blair issued their Q1 2019 earnings estimates for FLIR Systems in a research note issued to investors on Wednesday. William Blair analyst J. Ho expects 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 issued its quarterly earnings results on Wednesday, February 14th. The scientific and technical instruments company reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.03. FLIR Systems had a net margin of 5.96% and a return on equity of 14.54%. The business had revenue of $494.80 million for the quarter, compared to analyst estimates of $501.44 million. During the same period in the previous year, the business posted $0.48 earnings per share. The business’s revenue was up 4.2% compared to the same quarter last year.
FLIR Systems (FLIR) opened at $49.09 on Monday. FLIR Systems has a one year low of $33.95 and a one year high of $52.88. 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 stock has a market cap of $6,802.61, a PE ratio of 26.11 and a beta of 0.66.
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 9th. Shareholders of record on Friday, February 23rd will be issued a $0.16 dividend. This represents a $0.64 annualized dividend and a dividend yield of 1.30%. The ex-dividend date of this dividend is Thursday, February 22nd. This is an increase from FLIR Systems’s previous quarterly dividend of $0.15. FLIR Systems’s dividend payout ratio is 76.92%.
Several hedge funds and other institutional investors have recently made changes to their positions in FLIR. AustralianSuper Pty Ltd purchased a new stake in shares of FLIR Systems in the third quarter valued at about $82,147,000. Permian Investment Partners LP purchased a new stake in shares of FLIR Systems in the third quarter valued at about $59,964,000. Millennium Management LLC lifted its holdings in shares of FLIR Systems by 165.4% in the fourth quarter. Millennium Management LLC now owns 2,230,146 shares of the scientific and technical instruments company’s stock valued at $103,969,000 after purchasing an additional 1,389,832 shares in the last quarter. Segall Bryant & Hamill LLC lifted its holdings in shares of FLIR Systems by 140.8% in the fourth quarter. Segall Bryant & Hamill LLC now owns 1,730,541 shares of the scientific and technical instruments company’s stock valued at $80,678,000 after purchasing an additional 1,011,871 shares in the last quarter. Finally, Carillon Tower Advisers Inc. purchased a new stake in shares of FLIR Systems in the fourth quarter valued at about $28,806,000. 90.32% of the stock is currently owned by institutional investors.
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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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