What Are The Risk Factors For Sierra Wireless Inc. (SWIR)?

As of Thursday close, Sierra Wireless Inc.’s (NASDAQ:SWIR) stock was down -$0.17, moving down -0.55 percent to $30.59. The average number of shares traded per day over the past five days has been 6,553,320 shares. 3 times new highs have been achieved over the past 5 days, with a $6.33 gain in that time frame. In the last twenty days, the average volume was 2,527,650, while in the previous 50 days, it was 1,452,710.

Since last month, SWIR stock rose 27.25%. Shares of the company fell to $20.70 on 07/25/22, the lowest level in the past month. A 52-week high of $30.80 was reached on 08/03/22 after having rallying from a 52-week low of $13.44. Since the beginning of this year, SWIR’s stock price has risen by 73.61% or $12.97, and marked a new high 23 times. However, the stock has declined by -0.68% since its 52-week high.

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Valuation Metrics

The stock’s beta is 1.60. Besides these, the trailing price-to-sales (P/S) ratio of 2.01, the price-to-book (PB) ratio of 4.33.

Financial Health

In the three months ended June 29, Sierra Wireless Inc.’s quick ratio stood at 1.30, while its current ratio was 1.80, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.21, and the total debt-to-equity ratio was 0.21. On the profitability front, the trailing twelve-month gross margin is 32.40% percent. In the year ended June 29, operating margins totaled -12.30%. Based on annual data, SWIR earned $156.8 million in gross profit and brought in $473.21 million in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -28.00%. Return on equity (ROE) for the past 12 months was -24.90%.

According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. SWIR’s revenue fell -11.22% during the quarter, while net income inched up to $713.51 million. While analysts expected Sierra Wireless Inc. to report -$0.15 quarterly earnings, the actual figure was -$0.03 per share. During the quarter, the company generated $7.46 million in EBITDA. The liabilities of Sierra Wireless Inc. were 310.36 million at the end of its most recent quarter ended June 29, and its total debt was $73.9 million.

Technical Picture

This quick technical analysis looks at Sierra Wireless Inc.’s (SWIR) price momentum. With a historical volatility rate of 116.16%, the RSI 9-day stood at 71.12% on 04 August.

With respect to its five-day moving average, the current Sierra Wireless Inc. price is up by +26.09% percent or $6.33. At present, SWIR shares trade +22.61% above its 20-day simple moving average and +65.26% percent above its 100-day simple moving average. However, the stock is currently trading approximately +45.53% above its SMA50 and +88.59% above its SMA200.

Stochastic coefficient K was 90.70% and Stochastic coefficient D was 85.36%, while ATR was 1.88. Given the Stochastic reading of 97.92% for the 14-day period, the RSI (14) reading has been calculated as 68.15%. As of today, the MACD Oscillator reading stands at 3.60, while the 14-day reading stands at 3.87.

Analyst Ratings

Sierra Wireless Inc. downgraded its rating on Sierra Wireless Inc. (NASDAQ: SWIR) to a Hold in a note to investors on August 03, 2022. The analysts firm previously had a Buy rating on the stock.Sierra Wireless Inc. (SWIR) has been rated Hold by analysts. According to 1 brokerage firm, SWIR is a sell, and 7 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Sierra Wireless Inc. stock as buy, with 1 recommending it as overweight.

With a median target price of $31.00, the current consensus forecast for the stock is $20.00 – $31.00. Based on these forecasts, analysts predict Sierra Wireless Inc. (SWIR) will achieve an average price target of $28.81.


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