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FLIR Systems (FLIR) Catches Eye: Stock Jumps 5.5%

Zacks Equity Research

FLIR Systems, Inc. FLIR was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $46.74 to $50.65 in the past one-month time frame.

The stock gained after the company's first-quarter 2019 results surpassed analyst expectations.

The company has seen a mixed track record when it comes to estimate revisions of no increase and one decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

FLIR Systems currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

FLIR Systems, Inc. Price

FLIR Systems, Inc. Price | FLIR Systems, Inc. Quote

Investors interested in the Aerospace sector may consider TransDigm Group Incorporated TDG, which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is FLIR going up? Or down? Predict to see what others think: Up or Down

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