Alert: Mixed Investment/Fundamental Signals (3/4/20)-FLIR Systems Inc (NASDAQ: FLIR)


Extremely significant negative changes in FLIR Systems Inc (NASDAQ: FLIR) investment behavior have recently occurred: the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, the stock fell on very heavy volume, its longer term price trend turned down, and negative upside/downside volume developed.

FLIR Systems Inc (NASDAQ: FLIR) has benefited from minimal positive changes in fundamentals: significant quarterly earnings acceleration occurred.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.


Current PriceTarget Research Rating

FLIR’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

FLIR Systems has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. FLIR Systems has a neutral Appreciation Score of 51 and a neutral Power Rating of 54, with the Neutral Value Trend Rating the result.

Recent Price Action

FLIR Systems Inc (NASDAQ: FLIR) stock declined by -1.0% on 3/4/20. The shares closed at $40.81. Moreover, exceptionally high trading volume at 343% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -24.6% during the last week.

About John Lafferty 101900 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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