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

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

Sierra Wireless, Inc. (NASDAQ:SWIR) released its quarterly earnings data on Tuesday, November, 5th. The communications equipment provider reported $0.03 EPS for the quarter, missing analysts' consensus estimates of $0.11 by $0.08. The communications equipment provider earned $174.03 million during 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%. The business's revenue for the quarter was down 14.5% compared to the same quarter last year. During the same quarter last year, the business 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 updated its FY19 earnings guidance on Tuesday, November, 5th. The company provided EPS guidance of $0.00-0.03 for the period, compared to the Thomson Reuters consensus estimate of $0.32. The company issued revenue guidance of $708-712 million, compared to the consensus revenue estimate of $753.64 million.

8 brokers have issued 1 year price targets for Sierra Wireless' shares. Their forecasts range from $10.00 to $20.00. On average, they expect Sierra Wireless' stock price to reach $13.00 in the next year. This suggests a possible upside of 38.3% 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.

News coverage about SWIR stock has been trending somewhat positive this week, according to InfoTrie Sentiment. The research firm identifies positive and negative news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Sierra Wireless earned a media sentiment score of 1.3 on InfoTrie's scale. They also gave media headlines about the communications equipment provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Sierra Wireless.

Sierra Wireless saw a increase in short interest in 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 short-interest ratio is currently 5.0 days. Approximately 3.9% of the company's stock 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), Cambium Networks (CMBM), SeaChange International (SEAC), Ceragon Networks (CRNT), Pointer Telocation (PNTR), Airgain (AIRG) and Aviat Networks (AVNW).

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), Micron Technology (MU), Intel (intc), Alibaba Group (BABA), Netflix (NFLX), Walt Disney (DIS), CalAmp (CAMP) and QUALCOMM (QCOM).

Sierra Wireless' stock is owned by a number of of institutional and retail investors. Top institutional investors 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 purchased 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 $9.40.

Sierra Wireless has a market capitalization of $340.50 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]