Sierra Wireless Inc. (NASDAQ:SWIR) has been assigned a consensus rating of “Hold” from the eleven analysts that are presently covering the stock. Three analysts have rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is $16.38.

A number of brokerages have recently weighed in on SWIR. Zacks Investment Research lowered shares of Sierra Wireless from a “hold” rating to a “sell” rating in a report on Thursday, August 11th. Canaccord Genuity restated a “buy” rating and issued a $17.00 price objective on shares of Sierra Wireless in a report on Monday, September 12th. National Bank Financial began coverage on shares of Sierra Wireless in a report on Tuesday, September 27th. They issued a “sector perform” rating and a $16.00 price objective on the stock. Finally, CIBC lowered shares of Sierra Wireless from a “sector perform” rating to a “sector underperform” rating and set a $13.00 price objective on the stock. in a report on Friday, August 5th.

Shares of Sierra Wireless (NASDAQ:SWIR) opened at 14.18 on Monday. The stock has a market capitalization of $449.21 million, a price-to-earnings ratio of 109.92 and a beta of 1.67. The firm has a 50-day moving average of $14.19 and a 200 day moving average of $16.15. Sierra Wireless has a 12-month low of $9.69 and a 12-month high of $25.94.

Sierra Wireless (NASDAQ:SWIR) last announced its quarterly earnings data on Thursday, August 4th. The company reported $0.20 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.12 by $0.08. Sierra Wireless had a net margin of 0.73% and a return on equity of 2.96%. The business had revenue of $156.23 million for the quarter, compared to analyst estimates of $154.55 million. During the same period last year, the business earned $0.26 EPS. The company’s revenue was down 1.1% on a year-over-year basis. Equities analysts forecast that Sierra Wireless will post $0.52 earnings per share for the current fiscal year.

A number of large investors have recently made changes to their positions in the company. Aperio Group LLC acquired a new position in Sierra Wireless during the first quarter worth approximately $372,000. Edmond DE Rothschild Holding S.A. raised its position in Sierra Wireless by 35.5% in the first quarter. Edmond DE Rothschild Holding S.A. now owns 45,800 shares of the company’s stock worth $666,000 after buying an additional 12,000 shares in the last quarter. Bank of Montreal Can acquired a new position in Sierra Wireless during the second quarter worth approximately $881,000. Balter Liquid Alternatives LLC raised its position in Sierra Wireless by 27.1% in the first quarter. Balter Liquid Alternatives LLC now owns 168,968 shares of the company’s stock worth $2,457,000 after buying an additional 36,071 shares in the last quarter. Finally, Harvest Capital Strategies LLC acquired a new position in Sierra Wireless during the first quarter worth approximately $1,454,000. Hedge funds and other institutional investors own 19.81% of the company’s stock.

Sierra Wireless Company Profile

Sierra Wireless, Inc offers second generation (2G), third generation (3G) and fourth generation (4G) cellular embedded wireless modules and gateways. The Company offers products to original equipment manufacturers (OEMs) and enterprises. It operates through three segments: OEM Solutions, Enterprise Solutions, and Cloud and Connectivity Services.

5 Day Chart for NASDAQ:SWIR

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