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 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 earned $174.03 million during the quarter, compared to analysts' expectations of $191.16 million. Sierra Wireless had a negative net margin of 8.57% and a negative return on equity of 2.14%. The business's revenue was down 14.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.29 EPS. View Sierra Wireless' Earnings History.

Sierra Wireless is scheduled to release their next quarterly earnings announcement on Thursday, February 13th 2020. View Earnings Estimates for Sierra Wireless.

Sierra Wireless will be holding an earnings conference call on Thursday, February 13th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Sierra Wireless updated 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 EPS 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 12 month price objectives for Sierra Wireless' shares. Their forecasts range from $10.00 to $20.00. On average, they expect Sierra Wireless' share price to reach $13.00 in the next twelve months. This suggests a possible upside of 33.6% 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.

Press coverage about SWIR stock has trended somewhat negative on Tuesday, according to InfoTrie Sentiment. The research group ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Sierra Wireless earned a daily sentiment score of -1.4 on InfoTrie's scale. They also assigned news stories 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 next few days. View News Stories for Sierra Wireless.

Sierra Wireless saw a decline in short interest in the month of January. As of January 15th, there was short interest totalling 1,160,000 shares, a decline of 8.7% from the December 31st total of 1,270,000 shares. Based on an average daily volume of 315,500 shares, the short-interest ratio is currently 3.7 days. Approximately 3.2% of the company's shares are sold short. 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), Cambium Networks (CMBM), KVH Industries (KVHI), Ceragon Networks (CRNT), PC Tel (PCTI), SeaChange International (SEAC), 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), Intel (INTC), Alibaba Group (BABA), Micron Technology (MU), Netflix (NFLX), QUALCOMM (QCOM), Skyworks Solutions (SWKS) and Walt Disney (DIS).

Sierra Wireless' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Horrell Capital Management Inc. (1.53%), Brand Asset Management Group Inc. (0.04%) and New York State Teachers Retirement System (0.02%).

SWIR stock was sold by a variety of institutional investors in the last quarter, including Horrell Capital Management Inc..

SWIR stock was acquired by a variety of institutional investors in the last quarter, including New York State Teachers Retirement System and Brand Asset Management 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 $9.73.

Sierra Wireless has a market capitalization of $352.45 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]