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Stock badysts expect Sierra Wireless, Inc. (NASDAQ: SWIR) (TSE: SW) to report earnings per share of $ 0.21 Per Zacks report, two badysts have estimated Sierra Wireless's profit at $ 0.20 and the highest estimate at $ 0.21, while Sierra Wireless posted a profit of $ 0.30 a share at the same quarter last year. The company is expected to announce its next quarterly results after the market closes on Thursday, August 2nd.
According to Zacks, badysts are waiting for Sierra Wireless to publish a full report on its quarterly results. For the current fiscal year, earnings per share amount to $ 0.87 per share for the current fiscal year, and badysts expect the company to post a profit of 1, $ 28 per share. .22 to $ 1.36. The Zacks Investment Research EPS calculations are an average based on a survey conducted with badysts who are following Sierra Wireless
Sierra Wireless (NASDAQ: SWIR) (TSE: SW) released its quarterly results on Thursday, May 3. The communications equipment provider reported earnings per share of $ 0.09 for the quarter, surpbading the consensus estimate of $ 0.07 per $ 0.02. Sierra Wireless recorded a negative net margin of 0.56% and a return on equity of 3.23%. The company achieved a turnover of $ 186.90 million during the quarter, against $ 185.08 million for badysts. In the same quarter of the previous year, the company posted earnings per share of $ 0.24. Company revenue for the quarter increased 15.9% from one year to the next.
Several badysts have recently badyzed the actions of SWIR. Zacks Investment Research took Sierra Wireless shares from a "sell" rating to a "sustain" rating in a research note on Saturday, July 7th. BidaskClub cut Sierra Wireless shares from a "sell" rating to a "strong sell" rating in a research note on Saturday, June 30. TheStreet cut Sierra Wireless shares from a "c" rating to a "d +" rating in a research note on Friday, May 4th. Roth Capital raised Sierra Wireless's shares from a "neutral" rating to a "buy" rating and increased its price target for the company from $ 18.00 to $ 22.00 in a research note on Tuesday, March 27. Finally, ValuEngine cut Sierra Wireless shares from a "sell" rating to a "strong sell" rating in a research note on Saturday, June 2nd. An investment badyst rated the stock with a sale rating, nine issued a lock-up note and three attributed a purchase note to the company. The stock currently has a consensus rating of "Hold" and an average target price of $ 23.91.
Sierra Wireless shares fell $ 0.05 to $ 16.50 during Thursday's session, reports MarketBeat.com. The stock had a trading volume of 156,600 shares, compared to its average volume of 299,116. Sierra Wireless has a minimum of $ 12.10 over 12 months and a high of $ 31.25 over 12 months . The company has a debt ratio of 0.08, a ratio of 1.64 and a ratio of 1.38. The stock has a market capitalization of $ 610.00 million, a price / earnings ratio of 28.36 and a beta of 2.83.
Several major investors recently bought and sold SWIR shares. Quantbot Technologies LP strengthened its position in Sierra Wireless shares by 221.5% during the first quarter. Quantbot Technologies LP now holds 6,463 shares in the $ 106,000 communications equipment provider after purchasing 4,453 additional shares during the period. Insight 2811 Inc. purchased a new position in Sierra Wireless shares during the first quarter valued at approximately $ 192,000. WealthTrust Axiom LLC strengthened its position in Sierra Wireless shares by 28.2% in the first quarter. WealthTrust Axiom LLC now holds 13,000 shares of the company's communications equipment worth $ 214,000 after purchasing 2,860 additional shares during the period. Dynamic Technology Lab Private Ltd strengthened its position in Sierra Wireless shares by 86.8% in the first quarter. Dynamic Technology Lab Private Ltd. now holds 25,417 communications equipment provider shares worth $ 420,000 after purchasing 11,808 additional shares during the period. Finally, Global X Management Co. LLC strengthened its position in Sierra Wireless shares by 20.0% in the first quarter. Global X Management Co. LLC now holds 26,199 communications equipment provider shares worth $ 432,000 after purchasing 4,374 additional shares during the period. 26.42% of the shares are held by hedge funds and other institutional investors.
Sierra Wireless Company Profile
Sierra Wireless, Inc. and its affiliates engage in the construction of the Internet of Things (IoT) with smart wireless solutions in North America, Europe and Asia-Pacific. It operates in three segments: Original Equipment Manufacturer (OEM) Solutions, Enterprise Solutions and Cloud and Connectivity Services.
History: Mutual Funds with Fixed Capital
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