Teledyne to Acquire FLIR Systems in a stock and cash deal worth ~$8Bn

  • Under the terms of the agreement, FLIR stockholders will receive $28.00 per share in cash and 0.0718 shares of Teledyne common stock for each FLIR share
  • The transaction reflects a 40% premium for FLIR stockholders based on FLIR’s 30-day volume weighted average price as of December 31, 2020
  • Teledyne expects the acquisition to be immediately accretive to earnings, excluding transaction costs and intangible asset amortization, and accretive to GAAP earnings in the first full calendar year following the acquisition
  • Together, the two companies will offer a uniquely complementary end-to-end portfolio of sensory technologies for all key domains and applications across a well-balanced, global customer base
  • Teledyne is a leading provider of sophisticated instrumentation, digital imaging products and software, aerospace and defense electronics, and engineered systems
  • FLIR is a world-leading industrial technology company focused on intelligent sensing solutions for defense and industrial applications

    Expectations Flir

    For this year the company, based inWilsonville revenue will be around 1,89 billion USD. This is according to the average of the analysts' estimates. This is slightly more than 2019's revenue of 1,89 billion USD.

    Historical revenues and results Flir Systems plus estimates 2020

    financiële analyse

    The analysts expect for 2020 a net profit of 305 million USD. For this year the majority of the analysts, consulted by press agency Thomson Reuters, expects a profit per share of 2,32 USD. Based on this the price/earnings-ratio is 23,15.

    Per share the analysts are expecting a dividend of 68 cents per share. The dividend yield is then 1,27 percent. The average dividend yield of the aerospace & defense companies is a low 0,24 percent.

    Based on the current number of shares Flir Systems 's market capitalization equals 7,28 billion USD. The Flir Systems stock was the past 12 months quite volatile. Since last January the stock is 1 percent higher. This year the stock price moved between 24 and 59 dollar.

    Historical stock prices Flir Systems

    stock prices flirsystems

    Click here for dividend Flir Systems. At 17.10 the stock trades 0,52 percent higher at 53,71 USD. Nieuwsdienst: +31 084-0032-842

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