Sandvine Co. (TSE:SVC) is scheduled to announce its earnings results before the market opens on Wednesday, October 4th. Analysts expect the company to announce earnings of C$0.02 per share for the quarter.

Sandvine (TSE:SVC) last released its quarterly earnings data on Monday, July 17th. The company reported C$0.01 EPS for the quarter, missing analysts’ consensus estimates of C$0.03 by C($0.02). The firm had revenue of C$37.08 million during the quarter, compared to analysts’ expectations of C$43.94 million. Sandvine had a return on equity of 2.68% and a net margin of 4.02%.

Sandvine Co. (SVC) opened at 4.39 on Wednesday. Sandvine Co. has a 12-month low of $2.45 and a 12-month high of $4.53. The stock has a 50 day moving average price of $4.38 and a 200-day moving average price of $3.75. The stock has a market capitalization of $527.83 million and a P/E ratio of 69.68.

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SVC has been the topic of a number of recent research reports. Desjardins upgraded Sandvine from a “tender” rating to a “buy” rating and boosted their target price for the company from C$3.80 to C$4.25 in a research note on Wednesday, June 28th. TD Securities downgraded Sandvine from a “buy” rating to a “tender” rating and lowered their target price for the company from C$4.50 to C$4.15 in a research note on Wednesday, June 28th. Scotiabank downgraded Sandvine from an “outperform” rating to a “sector perform” rating and set a C$4.15 target price on the stock. in a research note on Friday, July 7th. Royal Bank Of Canada boosted their target price on Sandvine from C$4.15 to C$4.40 and gave the company a “sector perform” rating in a research note on Tuesday, July 18th. Finally, CIBC boosted their target price on Sandvine from C$3.80 to C$4.40 in a research note on Tuesday, July 18th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of C$4.19.

About Sandvine

Sandvine Corporation is engaged in research, design, manufacturing and sale of network policy control solutions for communications service providers. The Company offers various solutions, including business intelligence, traffic optimization, cyber security, subscriber engagement, subscriber services and business services.

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