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

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

Sierra Wireless, Inc. (NASDAQ:SWIR) posted its quarterly earnings results on Tuesday, November, 5th. The communications equipment provider reported $0.03 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.11 by $0.08. The communications equipment provider earned $174.03 million during the quarter, compared to the consensus estimate of $191.16 million. Sierra Wireless had a negative return on equity of 4.32% and a negative net margin of 9.89%. The firm's revenue for the quarter was down 14.5% on a year-over-year basis. During the same quarter in the prior 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 Thursday, May 14th 2020. View Earnings Estimates for Sierra Wireless.

Sierra Wireless issued an update on its FY 2020 After-Hours earnings guidance on Thursday, February, 13th. The company provided EPS guidance of for the period. The company issued revenue guidance of $690-710 million, compared to the consensus revenue estimate of $718.6 million.

5 brokers have issued 1 year price targets for Sierra Wireless' shares. Their forecasts range from $7.50 to $13.00. On average, they expect Sierra Wireless' stock price to reach $10.10 in the next twelve months. This suggests a possible upside of 13.7% from the stock's current price. View Analyst Price Targets for Sierra Wireless.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sierra Wireless in the last year. There are currently 1 sell rating and 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Sierra Wireless.

News coverage about SWIR stock has trended extremely negative this week, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Sierra Wireless earned a daily sentiment score of -5.0 on InfoTrie's scale. They also gave headlines about the communications equipment provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Sierra Wireless.

Sierra Wireless saw a increase in short interest in January. As of January 31st, there was short interest totalling 1,240,000 shares, an increase of 6.9% from the January 15th total of 1,160,000 shares. Based on an average daily trading volume, of 319,100 shares, the days-to-cover ratio is presently 3.9 days. Approximately 3.5% of the company's shares are short sold. View Sierra Wireless' Current Options Chain.

Some companies that are related to Sierra Wireless include Maxar Technologies (MAXR), Loral Space & Communications Ltd. (LORL), Comtech Telecomm. (CMTL), Harmonic (HLIT), Gilat Satellite Networks (GILT), Casa Systems (CASA), CalAmp (CAMP), KVH Industries (KVHI), PC Tel (PCTI), Cambium Networks (CMBM), SeaChange International (SEAC), 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), Micron Technology (MU), Intel (INTC), Alibaba Group (BABA), Netflix (NFLX), Skyworks Solutions (SWKS), CalAmp (CAMP) and QUALCOMM (QCOM).

Sierra Wireless' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (3.63%), Goldman Sachs Group Inc. (2.84%), Horrell Capital Management Inc. (1.53%), Foundry Partners LLC (1.07%), Brandes Investment Partners LP (0.79%) and FMR LLC (0.51%).

SWIR stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Bank of America Corp DE, Acadian Asset Management LLC, Horrell Capital Management Inc., Cutter & CO Brokerage Inc., Roumell Asset Management LLC and Toronto Dominion Bank.

SWIR stock was bought by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Renaissance Technologies LLC, Penserra Capital Management LLC, Brandes Investment Partners LP, Cove Street Capital LLC, Foundry Partners LLC, Ellington Management Group LLC and Cubist Systematic Strategies LLC.

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 $8.88.

Sierra Wireless has a market capitalization of $321.75 million and generates $713.51 million in revenue each year. The communications equipment provider earns $-70,540,000.00 in net income (profit) each year or ($1.02) 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]