SolarWinds Corp (SWI) Given Consensus Recommendation of “Buy” by Brokerages

Shares of SolarWinds Corp (NYSE:SWI) have received an average recommendation of “Buy” from the fifteen research firms that are covering the stock, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and eleven have issued a buy recommendation on the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $19.07.

A number of equities analysts have issued reports on the stock. Barclays assumed coverage on shares of SolarWinds in a research report on Tuesday, November 13th. They issued an “equal weight” rating and a $16.00 price objective on the stock. Citigroup assumed coverage on shares of SolarWinds in a research report on Tuesday, November 13th. They issued a “buy” rating and a $20.00 price objective on the stock. JMP Securities assumed coverage on shares of SolarWinds in a research report on Tuesday, November 13th. They issued an “outperform” rating and a $19.00 price objective on the stock. Evercore ISI assumed coverage on shares of SolarWinds in a research report on Tuesday, November 13th. They issued an “outperform” rating and a $18.00 price objective on the stock. Finally, Bank of America assumed coverage on shares of SolarWinds in a research report on Tuesday, November 13th. They issued a “neutral” rating and a $16.00 price objective on the stock.

Shares of NYSE:SWI opened at $16.16 on Friday. SolarWinds has a 52 week low of $13.77 and a 52 week high of $16.57. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.16 and a quick ratio of 1.16.

SolarWinds (NYSE:SWI) last released its quarterly earnings data on Tuesday, November 13th. The software maker reported $0.17 earnings per share (EPS) for the quarter. The firm had revenue of $213.28 million during the quarter. On average, equities research analysts anticipate that SolarWinds will post 0.59 earnings per share for the current year.

SolarWinds Company Profile

SolarWinds Corporation provides information technology (IT) infrastructure management software products in the United States and internationally. It offers products that are designed to solve the day-to-day problems encountered by technology professionals managing complex IT infrastructure covering on-premise, cloud, and hybrid IT environments.

Featured Story: Capital gains and your 401(k) or IRA

Analyst Recommendations for SolarWinds (NYSE:SWI)

Receive News & Ratings for SolarWinds Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SolarWinds and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply