NASDAQ:SWIR - Sierra Wireless Stock Price, Price Target & More

Sierra Wireless trades on the NASDAQ under the ticker symbol "SWIR."

Sierra Wireless, Inc. (NASDAQ:SWIR) released its quarterly earnings results on Thursday, May, 3rd. The communications equipment provider reported $0.09 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.07 by $0.02. The communications equipment provider earned $186.90 million during the quarter, compared to analyst estimates of $185.08 million. Sierra Wireless had a positive return on equity of 3.23% and a negative net margin of 0.56%. Sierra Wireless's revenue for the quarter was up 15.9% on a year-over-year basis. During the same quarter last year, the company posted $0.24 EPS. View Sierra Wireless' Earnings History.

Sierra Wireless issued an update on its second quarter earnings guidance on Thursday, May, 3rd. The company provided earnings per share (EPS) guidance of $0.17-0.25 for the period, compared to the Thomson Reuters consensus estimate of $0.21. The company issued revenue guidance of $195-203 million, compared to the consensus revenue estimate of $197.04 million.

11 equities research analysts have issued 12-month price objectives for Sierra Wireless' shares. Their forecasts range from $21.00 to $28.00. On average, they anticipate Sierra Wireless' stock price to reach $24.30 in the next year. View Analyst Ratings for Sierra Wireless.

Some companies that are related to Sierra Wireless include Casa Systems (CASA), Mitel Networks (MITL), Loral Space & Communications Ltd. (LORL), CalAmp (CAMP), Comtech Telecomm. (CMTL), Gilat Satellite Networks (GILT), Energous (WATT), Harmonic (HLIT), Ceragon Networks (CRNT), KVH Industries (KVHI), Vuzix (VUZI), PC Tel (PCTI), SeaChange International (SEAC), Pointer Telocation (PNTR) and Aviat Networks (AVNW).

News stories about SWIR stock have been trending somewhat positive recently, according to Accern Sentiment. The research firm scores the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Sierra Wireless earned a daily sentiment score of 0.11 on Accern's scale. They also assigned news coverage about the communications equipment provider an impact score of 45.11 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Sierra Wireless' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Heathbridge Capital Management Ltd. (1.83%), PenderFund Capital Management Ltd. (1.54%), Brighton Jones LLC (0.96%), Dimensional Fund Advisors LP (0.32%), CIBC Asset Management Inc (0.28%) and GSA Capital Partners LLP (0.19%). View Institutional Ownership Trends for Sierra Wireless.

SWIR stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Heathbridge Capital Management Ltd., GSA Capital Partners LLP, Dimensional Fund Advisors LP, Wells Fargo & Company MN and Toronto Dominion Bank. View Insider Buying and Selling for Sierra Wireless.

SWIR stock was bought by a variety of institutional investors in the last quarter, including PenderFund Capital Management Ltd., CIBC Asset Management Inc, Trigran Investments Inc., Engineers Gate Manager LP, Balter Liquid Alternatives LLC, Brighton Jones LLC, PCJ Investment Counsel Ltd. and Dynamic Technology Lab Private Ltd. View Insider Buying and Selling for Sierra Wireless.

Shares of SWIR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of SWIR stock can currently be purchased for approximately $16.25.

Sierra Wireless has a market capitalization of $582.88 million and generates $692.08 million in revenue each year. The communications equipment provider earns $4.13 million in net income (profit) each year or $0.58 on an earnings per share basis. Sierra Wireless employs 1,425 workers across the globe.

Sierra Wireless' mailing address is 13811 WIRELESS WAY, RICHMOND A1, V6V 3A4. The communications equipment provider can be reached via phone at 604-231-1100 or via email at [email protected]