NASDAQ:SWIR - Sierra Wireless Stock Price, Forecast & News

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

Sierra Wireless, Inc. (NASDAQ:SWIR) announced its earnings results on Tuesday, November, 5th. The communications equipment provider reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.11 by $0.08. The communications equipment provider had revenue of $174.03 million for the quarter, compared to analysts' expectations of $191.16 million. Sierra Wireless had a negative return on equity of 2.14% and a negative net margin of 8.57%. Sierra Wireless's quarterly revenue was down 14.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.29 earnings per share. View Sierra Wireless' Earnings History.

Sierra Wireless is scheduled to release their next quarterly earnings announcement on Wednesday, February 12th 2020. View Earnings Estimates for Sierra Wireless.

Sierra Wireless issued an update on its FY19 earnings guidance on Tuesday, November, 5th. The company provided earnings per share (EPS) guidance of $0.00-0.03 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.32. The company issued revenue guidance of $708-712 million, compared to the consensus revenue estimate of $753.64 million.

8 brokerages have issued 1 year target prices for Sierra Wireless' stock. Their forecasts range from $10.00 to $20.00. On average, they anticipate Sierra Wireless' share price to reach $13.00 in the next twelve months. This suggests a possible upside of 37.3% from the stock's current price. View Analyst Price Targets for Sierra Wireless.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sierra Wireless in the last year. There are currently 1 sell rating, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Sierra Wireless.

Media coverage about SWIR stock has been trending negative on Thursday, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Sierra Wireless earned a daily sentiment score of -3.0 on InfoTrie's scale. They also gave press coverage about the communications equipment provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Sierra Wireless.

Sierra Wireless saw a increase in short interest during the month of November. As of November 29th, there was short interest totalling 1,390,000 shares, an increase of 21.9% from the November 14th total of 1,140,000 shares. Based on an average trading volume of 280,800 shares, the days-to-cover ratio is currently 5.0 days. Currently, 3.9% of the shares of the company are short sold. View Sierra Wireless' Current Options Chain.

Some companies that are related to Sierra Wireless include Loral Space & Communications Ltd. (LORL), Comtech Telecomm. (CMTL), Harmonic (HLIT), Maxar Technologies (MAXR), Gilat Satellite Networks (GILT), CalAmp (CAMP), Casa Systems (CASA), KVH Industries (KVHI), PC Tel (PCTI), SeaChange International (SEAC), Cambium Networks (CMBM), Ceragon Networks (CRNT), Pointer Telocation (PNTR), Airgain (AIRG) and SGOCO Group (SGOC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Sierra Wireless investors own include Sierra Wireless (SW), NVIDIA (NVDA), Cisco Systems (CSCO), Intel (INTC), Micron Technology (MU), Alibaba Group (BABA), CalAmp (CAMP), Netflix (NFLX), Walt Disney (DIS) and Skyworks Solutions (SWKS).

Sierra Wireless' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include PenderFund Capital Management Ltd. (1.97%), Horrell Capital Management Inc. (1.56%), Foundry Partners LLC (0.98%), Millennium Management LLC (0.36%), Systematic Financial Management LP (0.13%) and Penserra Capital Management LLC (0.12%).

SWIR stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Horrell Capital Management Inc., Systematic Financial Management LP, PenderFund Capital Management Ltd., Foundry Partners LLC, Penserra Capital Management LLC, Boston Partners and NEXT Financial Group Inc.

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, Robinhood, Fidelity and Charles Schwab.

One share of SWIR stock can currently be purchased for approximately $9.47.

Sierra Wireless has a market capitalization of $343.00 million and generates $793.60 million in revenue each year. The communications equipment provider earns $-24,610,000.00 in net income (profit) each year or $0.13 on an earnings per share basis. Sierra Wireless employs 1,400 workers across the globe.View Additional Information About Sierra Wireless.

The official website for Sierra Wireless is http://www.sierrawireless.com/.

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]