Media stories about Sierra Wireless (NASDAQ:SWIR) (TSE:SW) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Sierra Wireless earned a news sentiment score of 0.05 on Accern’s scale. Accern also gave news stories about the communications equipment provider an impact score of 45.2228559448939 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the media headlines that may have effected Accern Sentiment’s rankings:
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Zacks: Brokerages Anticipate Sierra Wireless (SWIR) to Post $0.21 Earnings Per Share (americanbankingnews.com) Etablissements Maurel & Prom SA (ENXTPA:MAU) and Sierra Wireless, Inc. (TSX:SW): Investor Returns and Quant … (fisherbusinessnews.com) Taking a Deep Dive into Technical Levels for Sierra Wireless In (SWIR) (derbynewsjournal.com) Global 4G LTE Wireless Broadband Market 2018 Assessment- Sierra Wireless Inc, Novatel Wireless, Option (exclusivereportage.com) Global Order Management Software Market 2018 Sierra Wireless, Inc., Orbocomm Inc., Geotab Inc, Trackimo LLC (thebiotechnologynews.com)
Shares of NASDAQ:SWIR traded up $0.15 during midday trading on Friday, reaching $17.85. The company’s stock had a trading volume of 162,849 shares, compared to its average volume of 226,098. The firm has a market capitalization of $642.23 million, a P/E ratio of 30.78 and a beta of 2.76. Sierra Wireless has a twelve month low of $15.10 and a twelve month high of $31.95. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.64 and a quick ratio of 1.38.
Sierra Wireless (NASDAQ:SWIR) (TSE:SW) last released its quarterly earnings results on Thursday, May 3rd. The communications equipment provider reported $0.09 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.07 by $0.02. The company had revenue of $186.90 million for the quarter, compared to analyst estimates of $185.08 million. Sierra Wireless had a negative net margin of 0.56% and a positive return on equity of 3.23%. The firm’s revenue was up 15.9% on a year-over-year basis. During the same quarter last year, the business earned $0.24 earnings per share. equities analysts anticipate that Sierra Wireless will post 0.61 EPS for the current fiscal year.
A number of research firms have recently weighed in on SWIR. Roth Capital upgraded shares of Sierra Wireless from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $18.00 to $22.00 in a research note on Tuesday, March 27th. Scotiabank set a $21.00 price objective on shares of Sierra Wireless and gave the stock a “sector perform” rating in a research note on Friday, May 4th. Zacks Investment Research lowered shares of Sierra Wireless from a “hold” rating to a “sell” rating in a research note on Thursday, May 10th. BidaskClub lowered shares of Sierra Wireless from a “sell” rating to a “strong sell” rating in a research note on Tuesday, February 27th. Finally, Canaccord Genuity cut their price objective on shares of Sierra Wireless from $30.00 to $28.00 and set a “buy” rating on the stock in a research note on Friday, February 9th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $24.30.
Sierra Wireless Company Profile
Sierra Wireless, Inc, together with its subsidiaries, engages in building the Internet of Things (IoT) with intelligent wireless solutions in North America, Europe, and the Asia Pacific. It operates in three segments: Original Equipment Manufacturer (OEM) Solutions, Enterprise Solutions, and Cloud and Connectivity Services.