FLIR Systems Rises On Unusually High Volume (FLIR)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- FLIR Systems (Nasdaq: FLIR) is trading at unusually high volume Tuesday with 2.8 million shares changing hands. It is currently at 2.1 times its average daily volume and trading up $1.54 (+6.2%) at $26.48 as of 4 p.m. ET.

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FLIR Systems has a market cap of $3.47 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are up 9.5% year to date as of the close of trading on Monday.

FLIR Systems, Inc. designs, manufactures, and markets thermal imaging systems worldwide. The company operates in five segments: Thermal Vision & Measurement (TVM), Raymarine, Surveillance, Detection, and Integrated Systems. The company has a P/E ratio of 16.2, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates FLIR Systems as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full FLIR Systems Ratings Report.

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