The leading market experts have placed a mean price target of $36.33 on FLIR Systems, Inc. (NASDAQ:FLIR) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.54 a share for the upcoming quarter and $1.61 for the current fiscal.
The technical analysis of FLIR Systems, Inc. plainly substantiates that the 50-day moving average of FLIR Systems, Inc. is $31.63, and stock is trading $-0.58 points away or -1.84% from its 50-day moving average of $31.63. Further it is trading $-0.49 or -1.54% away its 200-day moving average of $31.54. FLIR Systems, Inc. (NASDAQ:FLIR) 52-week high is $34.09 and the 52-week low is $25.12.
This explains if the stock moves $-3.04, it will post a 52-week high. In event of +23.61% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of FLIR Systems, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, FLIR Systems, Inc. (NASDAQ:FLIR) ratio came in at 22.92.
The stock last ended the trading session at $31.05 and registered a market cap of $4.26B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. FLIR Systems, Inc. (NASDAQ:FLIR) PEG ratio is at 1.05.
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