SolarWinds (SWI) to Release Earnings on Wednesday
SolarWinds (NYSE:SWI) is scheduled to post its quarterly earnings results on Wednesday, February 5th. Individual that are interested in registering for the company’s earnings conference call can do so using this link.
Shares of SolarWinds (NYSE:SWI) opened at 39.11 on Tuesday. SolarWinds has a 52 week low of $31.94 and a 52 week high of $61.52. The stock has a 50-day moving average of $38.8 and a 200-day moving average of $36.95. The company has a market cap of $2.939 billion and a P/E ratio of 33.52.
A number of analysts have recently weighed in on SWI shares. Analysts at Zacks upgraded shares of SolarWinds from an “underperform” rating to a “neutral” rating in a research note to investors on Wednesday, January 29th. They now have a $40.90 price target on the stock. On a related note, analysts at Deutsche Bank initiated coverage on shares of SolarWinds in a research note to investors on Wednesday, January 22nd. They set a “hold” rating and a $40.00 price target on the stock. Finally, analysts at Evercore Partners upgraded shares of SolarWinds from an “equal weight” rating to an “overweight” rating in a research note to investors on Monday, January 6th. They now have a $45.00 price target on the stock, up previously from $38.00. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and six have given a buy rating to the company. SolarWinds presently has a consensus rating of “Hold” and an average price target of $41.81.
SolarWinds, Inc (NYSE:SWI) designs, develops, markets, sells and supports enterprise information technology (IT), infrastructure management software to IT professionals in organizations of all sizes.
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