News stories about Sierra Wireless (NASDAQ:SWIR) (TSE:SW) have trended somewhat positive recently, Accern Sentiment reports. The research firm scores the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Sierra Wireless earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned press coverage about the communications equipment provider an impact score of 45.586642817359 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Sierra Wireless (NASDAQ:SWIR) traded down 0.23% on Friday, reaching $21.50. 274,088 shares of the company traded hands. Sierra Wireless has a 52-week low of $12.30 and a 52-week high of $31.95. The stock has a market capitalization of $686.90 million, a price-to-earnings ratio of 33.75 and a beta of 3.11. The firm has a 50 day moving average price of $22.73 and a 200 day moving average price of $26.57.

Several research analysts have recently weighed in on the stock. TheStreet upgraded shares of Sierra Wireless from a “c+” rating to a “b” rating in a report on Wednesday, August 2nd. Zacks Investment Research lowered shares of Sierra Wireless from a “buy” rating to a “hold” rating in a report on Thursday, July 6th. Macquarie upgraded shares of Sierra Wireless from an “underperform” rating to a “neutral” rating and increased their price objective for the stock from $12.30 to $23.00 in a report on Friday, August 4th. Scotiabank lowered shares of Sierra Wireless from a “sector perform” rating to an “underperform” rating and increased their price objective for the stock from $22.00 to $23.00 in a report on Thursday, August 3rd. Finally, BidaskClub lowered shares of Sierra Wireless from a “hold” rating to a “sell” rating in a report on Wednesday, August 2nd. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and three have given a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $27.57.

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Sierra Wireless Company Profile

Sierra Wireless, Inc is engaged in building the Internet of Things (IoT) with wireless solutions for organizations. The Company’s OEM Solution segment offers cellular embedded wireless modules for IoT connectivity, including an embedded application framework to support customer applications. The Company’s Enterprise Solution segment offers intelligent routers and gateways, including management tools and applications that enable cellular connectivity.

Insider Buying and Selling by Quarter for Sierra Wireless (NASDAQ:SWIR)

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