FLIR stock: buy or sell?

FLIR stock price: $31.89 -0.78% At close on March 31st, 2020

Updated on:
March 31st, 2020

1

Shares of FLIR Systems decreased a lame -0.78% and closed at $31.89. On Mar 20th FLIR plummed a scary -23.04%. On Thursday FLIR boosted a super good 6.81%. With Tuesday it's been 3 red days in a row.

FLIR Systems, Inc. designs, develops, manufactures, and markets thermal imaging systems, visible-light imaging systems, locater systems, measurement and diagnostic systems, and threat-detection solutions worldwide.

Should I buy FLIR stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. That's why is so important to define your own trading plan that matches with your character as inversor. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, FLIR Systems stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean FLIR will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is FLIR Systems stock a buy?

Banks and financial institutions post stock ratings everyday. Unfortunately, we couldn't detect any rating for FLIR stock for the last 30 days.

FLIR stock analysis

Daily outlook

FLIR Systems closed today at $31.89 and decreased a lame -0.78%.

FLIR Systems shares decreased -0.78% to $31.89 today. For the last 33 days when FLIR stock price broke down the SMA200d line, it slid $-21.97 per share (-40.79%).

FLIR stock chart (daily)

Weekly outlook

After boosting an extraordinary 21.53% in a week last week, FLIR Systems closed this week at $31.89 and depreciated a fatal -1.94%. By mid March FLIR plummed a spooky -25.71% in just one week.

Since price and 40-weeks moving average lines crossed down late February, FLIR fell $-26.22 per share (-45.12%). Stocks under the 200 days moving average line are usually not recommended for average traders.

FLIR stock chart (weekly)

FLIR stock price history

FLIR IPO was on June 22nd, 1993 at $1.44 per share1. Since then, FLIR stock surged a 2,114.60%, with an average of 81.30% per year. If you had invested $1,000 in FLIR stock in 1993, it would worth $21,146.00 today.

1: Adjusted price after possible price splits or reverse-splits.

FLIR stock historical price chart

FLIR stock reached 52-week highs on February at $59.19, and all-time highs 2018-09-14 with a price of 62.55.

FLIR stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' FLIR stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we have not found any price target for FLIR Systems stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

, FLIR Systems presented its financial report, posting a slightly good growth for the Earnings per Share (EPS) ratio. Analyst expected $0.60 per share, but FLIR Systems posted $0.62.
FLIR earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.37n/a
2017-Q32017-10-250.480.528.3%
2017-Q42018-02-140.550.585.5%
2018-Q12018-04-250.430.4811.6%
2018-Q22018-07-250.490.5512.2%
2018-Q32018-10-300.570.570.0%
2018-Q42019-02-130.60.623.3%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2018, FLIR Systems annual sales depreciated an ugly -1.37% to $1,775.69 million dollars from $1,800.43 marked in 2017. Nonetheless, its earnings margin (compared to sales) soared to 15.91%, that is $282.43 million.

FLIR annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$1,500 M-$177 M11.8%-
2014$1,531 M2.04%$200 M13.1%13.13%
2015$1,557 M1.73%$242 M15.5%20.69%
2016$1,662 M6.75%$167 M10.0%-31.06%
2017$1,800 M8.32%$107 M6.0%-35.65%
2018$1,776 M-1.37%$282 M15.9%163.40%

Quarterly financial results

FLIR Systems posted $448.46 M in revenues for 2018-Q4, a 3.12% improvement compared to previous quarter. Reported quarter income marked $98.52 M with a profit margin of 21.97%. Profit margin escalated a 5.15% compared to previous quarter when profit margin was 16.82%. When comparing revenues to same quarter last year, FLIR Systems sales marked a terrifying drop down and slipped a -9.36%.
FLIR quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$434 M-$51 M11.8%-
2017-Q3$465 M7.05%$64 M13.7%23.58%
2017-Q4$495 M6.47%$-50 M-10.2%-179.16%
2018-Q1$440 M-11.15%$39 M8.9%-177.94%
2018-Q2$453 M2.98%$72 M15.8%82.58%
2018-Q3$435 M-3.93%$73 M16.8%2.22%
2018-Q4$448 M3.12%$99 M22.0%34.67%
2019-Q1$445 M-0.83%$62 M13.9%-37.32%

FLIR Systems ownership

When you are planning to invest in a company, it's worth to overview its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For FLIR Systems, 0.70% of all outstanding shares are owned by its staff.

Bearish positions for FLIR stock account 0.00%, no big difference from last month.

For a better understanding, the next table shows ownership data compared to other related companies:

FLIR
Market cap$4.3 B
Total shares134.5 M
Float shares133.4 M
  - Institutional holdings (%)96.2%
  - Insider holdings (%)0.7%
Shares in short selling0.0%

FLIR summary

Tuesday, March 31st, 2020
Open$31.65
Close$31.89
Day range$31.55 - $33.11
Previous close$32.14
Session gain-0.78%
Average true range$4.32
50d mov avg$45.27
100d mov avg$49.06
200d mov avg$50.16
Daily patternlt03a
Weekly pattern

FLIR Systems performance

To better understand FLIR Systems performance you must becnhmark its gains with other related stocks in same sector or industry. We compared FLIR Systems against in the following table:
Stock3m6m12m
FLIRFLIR Systems-39.23%-38.44%-33.09%

FLIR Systems competitors

Unfortunately, we could not find any public company that could be defined as FLIR Systems competitor. This doesn't mean FLIR Systems does not have any competitor in the market, it's just we could not detected it.