Sierra Wireless, Inc. (USA) (SWIR)’s Stock Is Buy After Today’s Huge Increase

June 13, 2017 - By Michael Collier

The stock of Sierra Wireless, Inc. (USA) (NASDAQ:SWIR) is a huge mover today! About 615,676 shares traded or 14.26% up from the average. Sierra Wireless, Inc. (USA) (NASDAQ:SWIR) has risen 42.10% since June 13, 2016 and is uptrending. It has outperformed by 25.40% the S&P500.
The move comes after 5 months positive chart setup for the $961.20 million company. It was reported on Jun, 13 by Barchart.com. We have $33.48 PT which if reached, will make NASDAQ:SWIR worth $76.90 million more.

Sierra Wireless, Inc. (USA) (NASDAQ:SWIR) Ratings Coverage

Among 10 analysts covering Sierra Wireless (NASDAQ:SWIR), 3 have Buy rating, 1 Sell and 6 Hold. Therefore 30% are positive. Sierra Wireless had 27 analyst reports since August 7, 2015 according to SRatingsIntel. As per Friday, August 7, the company rating was maintained by Scotia Capital. Canaccord Genuity maintained the stock with “Buy” rating in Friday, August 7 report. The rating was maintained by Canaccord Genuity with “Buy” on Friday, August 7. As per Friday, November 6, the company rating was maintained by RBC Capital Markets. The rating was maintained by RBC Capital Markets with “Sector Perform” on Friday, August 7. The firm earned “Market Perform” rating on Friday, August 7 by Northland Capital. On Friday, November 6 the stock rating was maintained by Northland Capital with “Market Perform”. The firm has “Outperform” rating given on Tuesday, January 19 by Northland. First Analysis upgraded the shares of SWIR in report on Friday, February 10 to “Overweight” rating. The firm earned “Sector Underperform” rating on Friday, August 5 by IBC.

More notable recent Sierra Wireless, Inc. (USA) (NASDAQ:SWIR) news were published by: Fool.ca which released: “Has Sierra Wireless, Inc. Hit a Limit?” on April 03, 2017, also Fool.ca with their article: “The Opportunity of a Lifetime to Get into Sierra Wireless, Inc.” published on February 02, 2017, Fool.ca published: “Sierra Wireless, Inc. Soars Over 11% in a Day: Should You Jump in?” on June 09, 2017. More interesting news about Sierra Wireless, Inc. (USA) (NASDAQ:SWIR) were released by: Investorplace.com and their article: “Trade of the Day: Sierra Wireless, Inc. (USA) (NASDAQ:SWIR)” published on March 28, 2017 as well as Fool.ca‘s news article titled: “Sierra Wireless, Inc.: Is it Still the Opportunity of a Lifetime?” with publication date: February 10, 2017.

Sierra Wireless, Inc. is engaged in building the Internet of Things with wireless solutions for organizations. The company has market cap of $961.20 million. The Company’s OEM Solution segment offers cellular embedded wireless modules for IoT connectivity, including an embedded application framework to support customer applications. It has a 71.41 P/E ratio. The Company’s Enterprise Solution segment offers intelligent routers and gateways, including management tools and applications that enable cellular connectivity.

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