Earnings Report: Here’s what to expect from Sierra Wireless (NASDAQ:SWIR)

Earnings results for Sierra Wireless (NASDAQ:SWIR)

Sierra Wireless, Inc. is expected* to report earnings on 02/23/2021 after market close. The report will be for the fiscal Quarter ending Dec 2020. According to Zacks Investment Research, based on 4 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.4. The reported EPS for the same quarter last year was $-0.21.

Analyst Opinion on Sierra Wireless (NASDAQ:SWIR)

11 Wall Street analysts have issued ratings and price targets for Sierra Wireless in the last 12 months. Their average twelve-month price target is $17.45, predicting that the stock has a possible downside of 7.16%. The high price target for SWIR is $25.00 and the low price target for SWIR is $10.00. There are currently 2 sell ratings, 5 hold ratings and 4 buy ratings for the stock, resulting in a consensus rating of “Hold.”

Sierra Wireless has received a consensus rating of Hold. The company’s average rating score is 2.18, and is based on 4 buy ratings, 5 hold ratings, and 2 sell ratings. According to analysts’ consensus price target of $17.45, Sierra Wireless has a forecasted downside of 7.2% from its current price of $18.80. Sierra Wireless has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: Sierra Wireless (NASDAQ:SWIR)

Sierra Wireless does not currently pay a dividend. Sierra Wireless does not have a long track record of dividend growth.

Insiders buying/selling: Sierra Wireless (NASDAQ:SWIR)

In the past three months, Sierra Wireless insiders have not sold or bought any company stock. Only 2.00% of the stock of Sierra Wireless is held by insiders. 46.44% of the stock of Sierra Wireless is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Sierra Wireless (NASDAQ:SWIR

Earnings for Sierra Wireless are expected to grow in the coming year, from ($1.78) to ($0.75) per share. The P/E ratio of Sierra Wireless is -11.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Sierra Wireless is -11.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Sierra Wireless has a P/B Ratio of 1.79. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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