Sierra Wireless Inc. (NASDAQ: SWIR) is 74.18% higher on its value in year-to-date trading and has touched a low of $13.44 and a high of $30.97 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SWIR stock was last observed hovering at around $30.73 in the last trading session, with the day’s loss setting it -0.04% off its average median price target of $31.00 for the next 12 months. It is also 1.0% off the consensus price target high of $31.00 offered by 9 analysts, but current levels are 1.0% higher than the price target low of $31.00 for the same period.
Currently trading at $30.69, the stock is -0.37% and 5.78% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.16 million and changing -0.13% at the moment leaves the stock 46.83% off its SMA200. SWIR registered 100.33% gain for a year compared to 6-month gain of 66.70%.
The stock witnessed a -0.42% loss in the last 1 month and extending the period to 3 months gives it a 35.80%, and is -0.39% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 0.33% over the week and 0.39% over the month.
Sierra Wireless Inc. (SWIR) has around 1007 employees, a market worth around $1.20B and $593.30M in sales. Fwd P/E is 438.43. Profit margin for the company is -8.50%. Distance from 52-week low is 128.35% and -0.90% from its 52-week high. The company has generated returns on investments over the last 12 months (-28.00%).
Sierra Wireless Inc. (SWIR) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Sierra Wireless Inc. (SWIR) is a “Hold”. 9 analysts offering their recommendations for the stock have an average rating of 2.40, where 8 rate it as a Hold and 0 think it is a “Overweight”. 0 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
Sierra Wireless Inc. is expected to release its quarterly report on 11/08/2022.The EPS is expected to shrink by -24.00% this year
Sierra Wireless Inc. (SWIR) Top Institutional Holders
The shares outstanding are 38.77M, and float is at 38.58M with Short Float at 4.30%.
Sierra Wireless Inc. (SWIR): Who are the competitors?
The company’s main competitors (and peers) include CalAmp Corp. (CAMP) that is trading -49.95% down over the past 12 months. Digi International Inc. (DGII) is 60.39% up on the 1-year trading charts.