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FLIR Systems Launches 3 Security Cameras, Updates United VMS
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In a bid to expand its end-to-end line of security solutions, FLIR Systems, Inc. recently rolled out three high-performance security cameras—FLIR PT-Series HD, FLIR Quasar 4K fixed box camera and the FLIR Ariel 3MP corner camera. Further, the thermal imaging cameras and image sensor maker launched the latest version of its United flagship video management solution called FLIR United VMS 8.0.
Earlier this year, the company launched three new Exx-Series advanced thermal imaging cameras, two new compact M-Series marine thermal cameras and three product families of outdoor and tactical thermal imagers. The strategic product launches highlight the company’s scheme of introducing innovative products to expand its customer base and foray into new markets.
Over the past six months, FLIR Systems’ shares returned 16.7%, outperforming the Zacks categorized Electronics-Military Systems industry’s average gain of 10.6%. Further, the company’s earnings estimates moved north over the past two months, reflecting bullish analyst sentiment.
All the newly launched cameras are compatible with FLIR United VMS 8.0. A comprehensive enterprise-level video management solution, VMS 8.0, is capable of managing large and multi-location video operations. It is packed with a host of technologies including FLIR Latitude software, FLIR Horizon and FLIR Meridian network video recorders.
Furthermore, FLIR United VMS 8.0 can be integrated with third-party technologies and deployed in a wide range of applications ranging from small retailers to critical infrastructure. FLIR PT-Series HD is a dual-sensor camera system that has been designed to offer long-range perimeter intrusion detection. It can be integrated with major VMS software providers apart from United VMS 8.0. FLIR Quasar 4K fixed box is a multiple-resolution camera that is suitable for high-traffic areas, such as large venues and transportation hubs.
Finally, FLIR Ariel 3MP corner camera can offer ceiling-to-floor and wall-to-wall viewing for customers. Featuring built-in microphone for audio monitoring and discrete night vision illumination, it is ideal for use in prisons. The new cameras will be available globally in the second quarter of fiscal 2017.
FLIR Systems has been focusing on using its exclusive Lepton and Infrared Guided Measurement technology to grab a greater market share in the Instruments segment. Rapid market traction of Lepton camera cores and the success of Lepton-based products have helped the company enjoy substantial growth in recent times. We expect steady market traction of these products to help this Zacks Rank #2 (Buy) company bolster revenue growth, moving ahead.
Encouragingly, analysts revised the Zacks Consensus Estimate for 2017 earnings upward over the past 60 days, from $1.78 to $1.85 per share. This indicates that they are optimistic about the company’s prospects in the near future.
Other Stocks to Consider
Some other stocks worth considering in the broader sector are Huntington Ingalls Industries Inc. (HII - Free Report) , Lockheed Martin Corporation (LMT - Free Report) and Transdigm Group Inc. (TDG - Free Report) . While Lockheed Huntington Ingalls sports a Zacks Rank #1 (Strong Buy), Lockheed Martin and Transdigm hold a Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.
Huntington Ingalls has managed an average positive surprise of 19.9% in the trailing four quarters, beating estimates thrice.
Lockheed Martin has an average positive surprise of 12.4.4%, beating estimates all through for the trailing four quarters.
Transdigm Group has registered a positive average surprise of 6.6% over the four trailing quarters, beating estimates all through.
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FLIR Systems Launches 3 Security Cameras, Updates United VMS
In a bid to expand its end-to-end line of security solutions, FLIR Systems, Inc. recently rolled out three high-performance security cameras—FLIR PT-Series HD, FLIR Quasar 4K fixed box camera and the FLIR Ariel 3MP corner camera. Further, the thermal imaging cameras and image sensor maker launched the latest version of its United flagship video management solution called FLIR United VMS 8.0.
Earlier this year, the company launched three new Exx-Series advanced thermal imaging cameras, two new compact M-Series marine thermal cameras and three product families of outdoor and tactical thermal imagers. The strategic product launches highlight the company’s scheme of introducing innovative products to expand its customer base and foray into new markets.
Over the past six months, FLIR Systems’ shares returned 16.7%, outperforming the Zacks categorized Electronics-Military Systems industry’s average gain of 10.6%. Further, the company’s earnings estimates moved north over the past two months, reflecting bullish analyst sentiment.
All the newly launched cameras are compatible with FLIR United VMS 8.0. A comprehensive enterprise-level video management solution, VMS 8.0, is capable of managing large and multi-location video operations. It is packed with a host of technologies including FLIR Latitude software, FLIR Horizon and FLIR Meridian network video recorders.
Furthermore, FLIR United VMS 8.0 can be integrated with third-party technologies and deployed in a wide range of applications ranging from small retailers to critical infrastructure. FLIR PT-Series HD is a dual-sensor camera system that has been designed to offer long-range perimeter intrusion detection. It can be integrated with major VMS software providers apart from United VMS 8.0. FLIR Quasar 4K fixed box is a multiple-resolution camera that is suitable for high-traffic areas, such as large venues and transportation hubs.
Finally, FLIR Ariel 3MP corner camera can offer ceiling-to-floor and wall-to-wall viewing for customers. Featuring built-in microphone for audio monitoring and discrete night vision illumination, it is ideal for use in prisons. The new cameras will be available globally in the second quarter of fiscal 2017.
FLIR Systems has been focusing on using its exclusive Lepton and Infrared Guided Measurement technology to grab a greater market share in the Instruments segment. Rapid market traction of Lepton camera cores and the success of Lepton-based products have helped the company enjoy substantial growth in recent times. We expect steady market traction of these products to help this Zacks Rank #2 (Buy) company bolster revenue growth, moving ahead.
Encouragingly, analysts revised the Zacks Consensus Estimate for 2017 earnings upward over the past 60 days, from $1.78 to $1.85 per share. This indicates that they are optimistic about the company’s prospects in the near future.
Other Stocks to Consider
Some other stocks worth considering in the broader sector are Huntington Ingalls Industries Inc. (HII - Free Report) , Lockheed Martin Corporation (LMT - Free Report) and Transdigm Group Inc. (TDG - Free Report) . While Lockheed Huntington Ingalls sports a Zacks Rank #1 (Strong Buy), Lockheed Martin and Transdigm hold a Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.
Huntington Ingalls has managed an average positive surprise of 19.9% in the trailing four quarters, beating estimates thrice.
Lockheed Martin has an average positive surprise of 12.4.4%, beating estimates all through for the trailing four quarters.
Transdigm Group has registered a positive average surprise of 6.6% over the four trailing quarters, beating estimates all through.
Zacks’ Best Private Investment Ideas
In addition to the recommendations that are available to the public on our website, how would you like to follow all Zacks' private buys and sells in real time?
Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors. Starting today, for the next month, you can have unrestricted access. Click here for Zacks' private trades >>