Sandvine Co. to Post Q3 2016 Earnings of $0.01 Per Share, National Bank Financial Forecasts (SVC)
Sandvine Co. (TSE:SVC) – Equities research analysts at National Bank Financial issued their Q3 2016 earnings per share estimates for shares of Sandvine in a report released on Monday. National Bank Financial analyst R. Tse anticipates that the firm will earn $0.01 per share for the quarter. National Bank Financial has a “Sector Perform Market Weight” rating on the stock. National Bank Financial also issued estimates for Sandvine’s Q4 2016 earnings at $0.05 EPS, FY2016 earnings at $0.17 EPS and FY2017 earnings at $0.21 EPS.
Other equities analysts also recently issued reports about the stock. CIBC dropped their price objective on shares of Sandvine from C$3.50 to C$3.00 in a research note on Tuesday, September 13th. TD Securities reiterated a “buy” rating and set a C$4.50 price objective on shares of Sandvine in a research note on Tuesday, July 5th. Desjardins reiterated a “buy” rating and set a C$3.80 price objective on shares of Sandvine in a research note on Friday, July 8th. Canaccord Genuity increased their price objective on shares of Sandvine from C$4.00 to C$4.25 and gave the company a “buy” rating in a research note on Friday, July 8th. Finally, Scotiabank reiterated an “outperform” rating and set a C$3.50 price objective on shares of Sandvine in a research note on Tuesday, September 13th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Sandvine currently has a consensus rating of “Buy” and a consensus price target of C$3.50.
Shares of Sandvine (TSE:SVC) opened at 2.92 on Thursday. The company has a market capitalization of $405.83 million and a PE ratio of 11.45. Sandvine has a 52-week low of $2.27 and a 52-week high of $3.73. The firm’s 50-day moving average price is $3.28 and its 200 day moving average price is $2.96.
Sandvine Corporation develops and markets Network Policy Control solutions for communications service providers. The Company’s Network Policy Control solutions consists a hardware platform and software modules that are bundled together to provide a system for broadband communications service providers to identify (video streams, such as Netflix, Voice over Internet Protocol traffic, such as Skype, or online gaming), report on and take action on the data traversing their networks.
Receive News & Stock Ratings for Sandvine Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sandvine Co. and related stocks with our FREE daily email newsletter.