News headlines about Sierra Wireless (NASDAQ:SWIR) (TSE:SW) have been trending somewhat positive on Tuesday, according to Accern Sentiment. The research firm identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Sierra Wireless earned a daily sentiment score of 0.20 on Accern’s scale. Accern also assigned media headlines about the communications equipment provider an impact score of 46.8468389626655 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Shares of SWIR traded up $0.30 during trading hours on Tuesday, reaching $16.95. 98,974 shares of the company’s stock traded hands, compared to its average volume of 344,606. The company has a market cap of $597.14, a PE ratio of 29.40 and a beta of 2.76. The company has a current ratio of 1.66, a quick ratio of 1.36 and a debt-to-equity ratio of 0.08. Sierra Wireless has a 12 month low of $15.10 and a 12 month high of $31.95.
Sierra Wireless (NASDAQ:SWIR) (TSE:SW) last issued its quarterly earnings results on Thursday, February 8th. The communications equipment provider reported $0.12 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.18 by ($0.06). The business had revenue of $183.53 million for the quarter, compared to the consensus estimate of $177.28 million. Sierra Wireless had a net margin of 0.60% and a return on equity of 4.82%. analysts predict that Sierra Wireless will post 0.62 earnings per share for the current year.
A number of research analysts have weighed in on the company. BidaskClub lowered Sierra Wireless from a “sell” rating to a “strong sell” rating in a report on Thursday, January 11th. ValuEngine raised Sierra Wireless from a “sell” rating to a “hold” rating in a report on Monday, April 2nd. Scotiabank reduced their target price on Sierra Wireless from $24.00 to $21.00 and set a “sector perform” rating for the company in a report on Friday, February 9th. Canaccord Genuity reduced their target price on Sierra Wireless from $30.00 to $28.00 and set a “buy” rating for the company in a report on Friday, February 9th. Finally, Raymond James Financial reduced their target price on Sierra Wireless from $30.00 to $28.00 and set an “outperform” rating for the company in a report on Friday, February 9th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and three have given a buy rating to the stock. Sierra Wireless currently has an average rating of “Hold” and an average price target of $24.30.
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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