Tech Stocks Technical Reports -- Fitbit, Sensata Technologies, FLIR Systems, and FEI
NEW YORK, August 24, 2016 /PRNewswire/ --
The Scientific and Technical Instruments industry in the second quarter of 2016 recorded a revenue growth of 3.94% y-o-y, and a revenue growth of 6.8% from the previous quarter, as per CSIMarket. Additionally, the segment's Q2 2016 net income rose 12.07% y-o-y, and 50.55% from the previous quarter. Stock-Callers.com takes a look at this morning's featured companies: Fitbit Inc. (NYSE: FIT), Sensata Technologies Holding N.V. (NYSE: ST), FLIR Systems Inc. (NASDAQ: FLIR), and FEI Co. (NASDAQ: FEIC). Download the free research reports on these stocks today:
http://stock-callers.com/registration
Fitbit
San Francisco, California headquartered Fitbit Inc.'s stock finished Tuesday's session 3.05% higher at $14.88 with a total volume of 7.76 million shares traded. The Company's shares have advanced 14.29% in the past month and 7.05% over the previous three months. The stock is trading above its 50-day moving average by 9.30%. Furthermore, shares of Fitbit, which provides wearable health and fitness tracking devices, have a Relative Strength Index (RSI) of 56.53.
On August 03rd, 2016, research firm Leerink Partners reiterated its 'Market Perform' rating on the Company's stock with a decrease of the target price from $18 a share to $16 a share.
On August 23rd, 2016, Fitbit announced that the International Trade Commission (ITC) issued an initial determination in favor of Fitbit in ITC Investigation No. 337-TA-963 brought by Jawbone. The Administrative Law Judge who presided over the merits hearing concluded that Fitbit did not misappropriate any Jawbone trade secrets. This determination followed earlier decisions that eliminated from this investigation all six of the Jawbone patents asserted against Fitbit. See our free and comprehensive research report on FIT at:
http://stock-callers.com/registration/?symbol=FIT
Sensata Technologies Holding
On Tuesday, shares in Almelo, the Netherlands-based Sensata Technologies Holding N.V. ended the session at $38.92, up 0.57%. The stock recorded a trading volume of 422,472 shares. The Company's shares have gained 2.21% in the last one month and 6.02% in the previous three months. The stock is trading 5.82% above its 50-day moving average and 1.60% above its 200-day moving average. Moreover, shares of Sensata Technologies Holding, which through its subsidiaries, develops, manufactures, and sells sensors and controls, have an RSI of 60.52.
On July 26th, 2016, the company reported that revenue for Q2 2016 was $827.5 million, an increase of $57.1 million, or 7.4% from $770.4 million for Q2 2015. The company noted that net income for Q2 2016 was $65.5 million, which was 7.9% of revenue, or $0.38 per diluted share. This compares to net income for Q2 2015 of $40.9 million, which was 5.3% of revenue or $0.24 per diluted share. ST free research report PDF is just a click away at:
http://stock-callers.com/registration/?symbol=ST
FLIR Systems
Wilsonville, Oregon headquartered FLIR Systems Inc.'s stock ended yesterday's session 0.20% lower at $30.62 with a total trading volume of 558,807 shares. The Company's shares have advanced 0.36% in the previous three months and 10.40% on an YTD basis. The stock is trading 0.33% above its 200-day moving average. Additionally, shares of FLIR Systems, which designs, develops, manufactures, and markets thermal imaging, visible-light imaging systems, locater systems, measurement and diagnostic systems, and threat-detection solutions worldwide, have an RSI of 43.72.
On July 25th, 2016, research firm Raymond James downgraded the Company's stock rating from 'Strong Buy' to 'Outperform'.
On July 27th, 2016, FLIR Systems reported that Q2 2016 revenue was $402.7 million, up 2% compared to Q2 2015 revenue of $393 million. Operating income in Q2 was $65.2 million compared to $70.5 million in Q2 2015. The company's Q2 2016 net earnings were $45.4 million, or $0.33 per diluted share, compared to net earnings of $50.5 million, or $0.36 per diluted share in Q2 2015. Sign up for your complimentary report on FLIR at:
http://stock-callers.com/registration/?symbol=FLIR
FEI Co.
At the close, shares in Hillsboro, Oregon headquartered FEI Co. recorded a trading volume of 146,265 shares. The stock finished flat at $106.52. The Company's shares have gained 0.21% in the last one month, 14.38% in the previous three months, and 34.85% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 0.10% and 20.64%, respectively. Furthermore, shares of FEI, which supplies scientific instruments and related services for nanoscale applications and solutions for industry and science, have an RSI of 55.71.
On August 22nd, 2016, FEI released the new Talos™ L120C transmission/scanning transmission electron microscope (S/TEM) for life and materials sciences. It provides the high-resolution, three-dimensional imaging and analysis capabilities of an S/TEM, yet is designed to enable all users to access excellent scientific results regardless of their microscope experience. Register for free on Stock-Callers.com and download the latest research report on FEIC at:
http://stock-callers.com/registration/?symbol=FEIC
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