Media coverage about Sierra Wireless (NASDAQ:SWIR) (TSE:SW) has been trending negative on Saturday, according to InfoTrie. The research firm ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Sierra Wireless earned a media sentiment score of -2.50 on their scale. InfoTrie also gave news coverage about the communications equipment provider an news buzz score of 10 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock’s share price in the near future.
These are some of the headlines that may have effected Sierra Wireless’ analysis:
- Sierra Wireless (SWIR) Announces Earnings Results (americanbankingnews.com)
- Sierra Wireless (SWIR) Stock Rating Lowered by CIBC (americanbankingnews.com)
- Sierra Wireless (SWIR) Downgraded by First Analysis to Outperform (americanbankingnews.com)
- Why Sierra Wireless Stock Plunged Today (finance.yahoo.com)
- Sierra Wireless (SWIR) Given Buy Rating at Canaccord Genuity (americanbankingnews.com)
Several equities research analysts have issued reports on SWIR shares. Roth Capital set a $23.00 target price on shares of Sierra Wireless and gave the company a “buy” rating in a research report on Friday, August 3rd. BidaskClub lowered shares of Sierra Wireless from a “hold” rating to a “sell” rating in a research report on Thursday, September 27th. ValuEngine lowered shares of Sierra Wireless from a “hold” rating to a “sell” rating in a report on Tuesday, October 2nd. National Bank Financial lowered their price objective on shares of Sierra Wireless from $22.00 to $20.00 and set a “$16.55” rating for the company in a report on Monday, July 23rd. Finally, Royal Bank of Canada lowered their price objective on shares of Sierra Wireless from $23.00 to $20.00 and set a “sector perform” rating for the company in a report on Monday, July 30th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $23.22.
Shares of SWIR opened at $16.02 on Friday. The company has a market capitalization of $684.91 million, a PE ratio of 27.62, a price-to-earnings-growth ratio of 2.36 and a beta of 2.70. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.61 and a quick ratio of 1.33. Sierra Wireless has a fifty-two week low of $15.10 and a fifty-two week high of $23.45.
Sierra Wireless (NASDAQ:SWIR) (TSE:SW) last announced its quarterly earnings data on Thursday, November 8th. The communications equipment provider reported $0.29 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.26 by $0.03. The firm had revenue of $203.40 million during the quarter, compared to analyst estimates of $202.20 million. Sierra Wireless had a negative net margin of 2.96% and a positive return on equity of 1.73%. The business’s quarterly revenue was up 17.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.23 EPS. Equities research analysts expect that Sierra Wireless will post 0.67 earnings per share for the current year.
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Sierra Wireless Company Profile
Sierra Wireless, Inc, together with its subsidiaries, engages in building the Internet of Things (IoT) with intelligent wireless solutions in North America, Europe, and the Asia Pacific. It operates in three segments: Original Equipment Manufacturer (OEM) Solutions, Enterprise Solutions, and Cloud and Connectivity Services.
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