Hi,
moomoo ID:NaN
Log Out
English
Back
Log in to access Online Inquiry

SolarWinds Co. (NYSE:SWI) Receives $12.60 Average PT From Analysts

Financial News Live ·  {{timeTz}}

Shares of SolarWinds Co. (NYSE:SWI – Get Rating) have earned a consensus rating of "Hold" from the seven research firms that are covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $12.60.

A number of brokerages recently issued reports on SWI. Robert W. Baird lowered their price target on shares of SolarWinds to $12.00 in a report on Tuesday, August 9th. Royal Bank of Canada lowered their target price on shares of SolarWinds from $14.00 to $12.00 and set a "sector perform" rating on the stock in a research note on Wednesday, August 3rd. Morgan Stanley cut their price target on SolarWinds from $14.00 to $13.00 and set an "equal weight" rating for the company in a research note on Wednesday, August 3rd. Finally, Truist Financial reduced their target price on SolarWinds from $15.00 to $10.00 in a research note on Wednesday, August 3rd.

Get SolarWinds alerts:

Institutional Trading of SolarWinds

Several large investors have recently made changes to their positions in the company. McCarthy Asset Management Inc. acquired a new stake in SolarWinds during the 1st quarter worth $27,000. Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in shares of SolarWinds in the second quarter worth about $32,000. Point72 Hong Kong Ltd acquired a new position in SolarWinds during the fourth quarter worth about $50,000. US Bancorp DE grew its stake in SolarWinds by 3,591.5% during the 1st quarter. US Bancorp DE now owns 4,762 shares of the software maker's stock valued at $64,000 after acquiring an additional 4,633 shares in the last quarter. Finally, Penserra Capital Management LLC raised its holdings in SolarWinds by 50.0% in the 1st quarter. Penserra Capital Management LLC now owns 5,754 shares of the software maker's stock valued at $76,000 after acquiring an additional 1,918 shares during the last quarter. 97.12% of the stock is currently owned by hedge funds and other institutional investors.

SolarWinds Price Performance

NYSE:SWI opened at $7.58 on Wednesday. The firm's fifty day moving average is $9.38 and its two-hundred day moving average is $10.98. The firm has a market cap of $1.22 billion, a price-to-earnings ratio of -1.84 and a beta of 0.92. The company has a debt-to-equity ratio of 1.15, a quick ratio of 2.15 and a current ratio of 2.15. SolarWinds has a one year low of $7.51 and a one year high of $20.55.

SolarWinds (NYSE:SWI – Get Rating) last issued its earnings results on Tuesday, August 2nd. The software maker reported $0.12 EPS for the quarter, hitting analysts' consensus estimates of $0.12. The firm had revenue of $176.03 million for the quarter, compared to the consensus estimate of $175.53 million. SolarWinds had a positive return on equity of 1.07% and a negative net margin of 91.47%. The company's revenue was down .4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.36 earnings per share. Research analysts expect that SolarWinds will post 0.53 EPS for the current year.

SolarWinds Company Profile

(Get Rating)

SolarWinds Corporation provides information technology (IT) management software products in the United States and internationally. The company offers a portfolio of solutions to technology professionals for monitoring, managing, and optimizing networks, systems, desktops, applications, storage, databases, website infrastructures, and IT service desks.

See Also

  • Get a free copy of the StockNews.com research report on SolarWinds (SWI)
  • Defensive Stocks For A Volatile Market
  • Will UPS Be Next to Deliver a Warning?
  • SunPower Is Ready To Power Up Triple-Digit Earnings Gains
  • Is This the Darkest Before the Dawn for Gap Stock?
  • Build A Better Tech Portfolio With Jabil Inc.

Receive News & Ratings for SolarWinds Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SolarWinds and related companies with MarketBeat.com's FREE daily email newsletter.

This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeliness for any particular purpose of the above content.

Moomoo is a financial information and trading app offered by Moomoo Technologies Inc.
In the U.S., investment products and services available through the moomoo app are offered by Moomoo Financial Inc., a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC) and a member of Financial Industry Regulatory Authority (FINRA)/Securities Investor Protection Corporation (SIPC).
In Singapore, investment products and services available through the moomoo app are offered through Moomoo Financial Singapore Pte. Ltd. regulated by the Monetary Authority of Singapore (MAS). Moomoo Financial Singapore Pte. Ltd. is a Capital Markets Services Licence (License No. CMS101000) holder with the Exempt Financial Adviser Status. This advertisement has not been reviewed by the Monetary Authority of Singapore.
In Australia, financial products and services available through the moomoo app are provided by Futu Securities (Australia) Ltd, an Australian Financial Services Licensee (AFSL No. 224663) regulated by the Australian Securities and Investment Commission (ASIC). Please read and understand our Financial Services Guide, Terms and Conditions, Privacy Policy and other disclosure documents which are available on our websites https://www.futuau.com and https://www.moomoo.com/au. Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd. and Futu Securities (Australia) Ltd are affiliated companies.