Shares of Sierra Wireless, Inc. (TSE:SW) (NASDAQ:SWIR) have earned an average rating of “Hold” from the six ratings firms that are presently covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is C$31.60.

Several equities research analysts have issued reports on the stock. Raymond James Financial upgraded shares of Sierra Wireless from a “market perform” rating to an “outperform” rating and set a C$38.00 price objective for the company in a research report on Monday, November 27th. TD Securities cut their price objective on shares of Sierra Wireless to C$36.00 and set a “hold” rating for the company in a research report on Friday, November 3rd.

In other Sierra Wireless news, Director Jason W. Cohenour sold 5,649 shares of the business’s stock in a transaction on Friday, November 17th. The shares were sold at an average price of C$19.03, for a total transaction of C$107,500.47. Also, insider Bill Gary Dodson sold 1,569 shares of the business’s stock in a transaction on Friday, November 24th. The stock was sold at an average price of C$26.40, for a total transaction of C$41,421.60. Insiders sold 13,250 shares of company stock worth $272,917 over the last three months.

Shares of Sierra Wireless (TSE SW) opened at C$24.38 on Wednesday. Sierra Wireless has a one year low of C$20.99 and a one year high of C$43.16. The stock has a market cap of $785.64, a PE ratio of 27.70 and a beta of 2.88.

Sierra Wireless (TSE:SW) (NASDAQ:SWIR) last issued its earnings results on Thursday, November 2nd. The company reported C$0.10 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.16 by C($0.06). Sierra Wireless had a net margin of 0.71% and a return on equity of 1.28%.

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Sierra Wireless Company Profile

Sierra Wireless, Inc is engaged in building the Internet of Things (IoT) with wireless solutions for organizations. The Company’s OEM Solution segment offers cellular embedded wireless modules for IoT connectivity, including an embedded application framework to support customer applications. The Company’s Enterprise Solution segment offers intelligent routers and gateways, including management tools and applications that enable cellular connectivity.

Analyst Recommendations for Sierra Wireless (TSE:SW)

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