If Sierra can get its integrated end-to-end solution right and solve these problems, it could be a big, value-enhancing opportunity. Nicholas has been a writer for the Motley Fool since 2015, covering companies primarily in the consumer goods and technology sectors. SWIR Year to Date Total Returns (Daily) data by YCharts. Thexton said, "when we sell our full solution versus just our hardware, we increase customer lifetime value by three to five times.". The company’s stock price has collected 9.00% of gains in the last five trading sessions. With its focus on hardware suffering from commoditization, there's little hope for a quick recovery in the top line. Sierra Wireless Inc. (NASDAQ:SWIR) went up by 9.86% from its latest closing price compared to the recent 1-year high of $17.40. Buy or Hold candidate since 2020-11-27 Gain 8.55% PDF The Sierra Wireless stock price fell by -3.36% on the last day (Monday, 11th Jan 2021) from $16.94 to $16.37. Sierra Wireless, Inc. (NASDAQ:SWIR) has been on a bit of a steep decline of late, and it could be a good time to get in on shares that, up until now, had been performing very well. Sierra Wireless (NASDAQ: SWIR) was once one of the hotter names in the Internet of Things space, but the stock has fallen on hard times recently. Use the Zacks Rank and Style Scores to find out is SWIR is right for your portfolio. Sierra Wireless (NASDAQ:SWIR) was once one of the hotter names in the Internet of Things space, but the stock has fallen on hard times recently. Sierra does, however, have brand new leadership in CEO Kent Thexton, who just took the reins in October 2018. Internet of Things and 5G Stock Sierra Wireless Is Still in a Slump -- For Now Sierra Wireless Inc (SWIR) Q3 2020 Earnings Call Transcript Buy These Growth Stocks … Returns as of 01/14/2021. SWIR | Complete Sierra Wireless Inc. stock news by MarketWatch. Internet of Things and 5G Stock Sierra Wireless Is Still in a Slump -- For Now Sierra Wireless Inc (SWIR) Q3 2020 Earnings Call Transcript Buy These Growth Stocks … Cumulative Growth of a $10,000 Investment in Stock Advisor, Is Sierra Wireless a Buy? Sierra Wireless (TSX:SW)(NASDAQ:SWIR) has had some impressive rallies and equally stunning reversals in the past two decades. Stock Advisor launched in February of 2002. And that's what's so concerning now that coronavirus is creating both supply and demand-side disruption around the globe. On its recent Q4 earnings report, Sierra disappointed investors by forecasting flat revenue for 2019 and a big adjusted earnings decline, going from about $0.90 in non-GAAP EPS in 2018 to just $0.30 in 2019. All told, it equated to overall sales falling 10% in 2019, and Sierra swinging to an adjusted loss of $0.3 million compared with adjusted earnings of $32.4 million in 2018. But after the recent swoon, should bargain hunters be dialing up Sierra? Buy Rating for Sierra Wireless by Riley Capital Research from 01/14/21. First the bad news. Thus Sierra Wireless could make for a good pick as a high-upside, higher risk proposition. Riley Securities kicked off coverage of Sierra Wireless with a buy rating alongside a price target of $23.50, which represents over 40% upside from yesterday's close. Of course, I still believe coronavirus will be beaten and that the world will have moved on by the end of 2020. Business Insider . Adding a U.S.-China trade war to the mix in 2018 and 2019 didn't help matters. Market data powered by FactSet and Web Financial Group. Things are thus likely to get a lot worse before they get better. In short, investing in Sierra Wireless is a bet on a turnaround under a new CEO, which could lead to significant upside if it occurs; however, investors will need to be patient. The company has been caught up in the economic slowdown brought on by the U.S.-China trade war, compounded by some managerial missteps. That is on top of a 2018 that was already less profitable than the $1.05 per share in earnings that the company put up in 2017. 2019 will be a transition year -- Sierra will implement a cost-cutting plan aiming to take $40-$50 million out of the business to reinvest into its next wave of products, in two specific areas: LPWA modules (low-power wide area network) and 5G equipment. Returns as of 01/14/2021. 10 stocks we like better than Sierra Wireless. Use the Zacks Rank and Style Scores to find out is CTVA is right for your portfolio. Press Release reported on 01/13/21 that LUCI Smart Wheelchair Connected with Sierra Wireless LPWA Solution Recognized by Time Magazine and Popular Science LPWA are sensors that are attached to machines and other equipment that feed data back to a cloud-based management system. View real-time stock prices and stock quotes for a full financial overview. Sierra Wireless (NASDAQ: SWIR) was once one of the hotter names in the Internet of Things space, but the stock has fallen on hard times recently. That was only partially mitigated by a 1% rise in IoT solutions to $378 million. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. The Internet of Things hasn't been the boon to connectivity chipmaker Sierra Wireless (NASDAQ:SWIR) that many investors thought it would be. SWIR is up $0.69 from the previous closing price of $11.24 on volume of 330,653 shares. Current Price: 14.380 USD . Subscribe. On its recent Q4 earnings report, Sierra disappointed investors by forecasting flat revenue for 2019 and a big adjusted earnings decline, going from about $0.90 in non-GAAP EPS in 2018 to just $0.30 in 2019. Get Our PREMIUM Forecast Now, from ONLY $6.69! While the S&P index is up about 9.8% for the year, Sierra Wireless is down 6.1% for 2019 and 24% over the past one-year period. Market data powered by FactSet and Web Financial Group. Investors with an appetite for risk and an eye on the future will appreciate the promise of Sierra Wireless, Inc. (TSX:SW)(NASDAQ:SWIR). The company traded 193154 shares over the course of the trading day. - Try Now Risk-Free - Money-back guarantee! A turnaround doesn't appear imminent, and today's investments could take a while to pay off. It's no secret that much of the technology hardware industry is in a downturn -- it's coming off a large investment cycle over the prior two years, and also suffering under the cloud of th… Thus Sierra Wireless could make for a good pick as a high-upside, higher risk proposition. SWIR lost -$2.26 per share the over the last 12 months. But Sierra's longer-term forecast for services revenue to double to $200 million by mid-2022 and double again to $400 million by 2024 is looking over-ambitious at this point. Sierra makes embedded modules, gateways, modems, and the integrated software for "smart" equipment manufacturers and enterprise customers. Sierra has also missed the mark in its PC and networking business, where it has lost market share to competitors. @themotleyfool #stocks $SWIR, Wait Before You Buy This Hot Internet of Things Stock, Internet of Things and 5G Stock Sierra Wireless Is Still in a Slump -- For Now, Sierra Wireless Inc (SWIR) Q3 2020 Earnings Call Transcript, Buy These Growth Stocks Trading Around $10 Before They Soar Higher, Copyright, Trademark and Patent Information. I love looking at the "story" behind investments from an interdisciplinary point of view, with an equal appetite for high-growth disruptors and beaten-down value names. Given the situation, it's no wonder Sierra Wireless' stock has been cut in half during the market rout. That 2020 multiple is a discount compared to the company's historical forward PE ratio, so the stock may seem inexpensive should earnings tick back up in 2020. More interesting -- and potentially more profitable -- will be the LPWA venture. That cost the company $1.1 million in Q4, and will $300,000 or so in the current quarter. Should I buy Acasti Pharma, Inc. (ACST)? Should I buy Sierra Wireless, Inc. (SWIR)? The Motley Fool owns shares of and recommends Sierra Wireless. He enjoys the outdoors up and down the West Coast with his wife and their Humane Society-rescued dog. Sierra Wireless (TSX:SW)(NASDAQ:SWIR) posted Q4 results recently that left investors questioning their long-term investment. Given the situation, it's no wonder Sierra Wireless' stock has been cut in half during the market rout. If you are looking for stocks with good return, Sierra Wireless Inc stock can be a bad, high-risk 1-year investment option. However, for now, this is more of a stock trader's asset than anything else -- at least until the company can show some sign of reversing the multiyear slide it's been stuck in. Even before COVID-19 was upgraded to pandemic status, Sierra was forecasting sales to fall as much as 3% in 2020 -- with hardware again the culprit, offset by 25% growth in recurring services to $125 million. Published on December 14, 2016 at 11:18 pm by Ghia Malicay in Hedge Funds , News Share Tweet Email He is also the founder and president of Concinnus Financial, a Registered Investment Advisor based in Spokane, WA. Thus Sierra Wireless could make for a good pick as a high-upside, higher risk proposition. Here's why you shouldn't jump ship just yet. With the forecast already not great and macroeconomic events outside of its control now in play, it's worth mentioning Sierra's balance sheet. Giving the average volume of 200.78 Million over the course of 3 consecutive months. While many chipmakers started to show signs of a rebound late in 2019, Sierra was still forecasting another decline in sales for 2020. Which signifies a pretty good … As earnings estimates have been taken down to just $0.30 this year and $0.77 next year, Sierra trades at roughly 41 times this year's EPS estimates and around 16 times 2020 earnings estimates. Since then, clouds have gathered around the global economic outlook, with other chipmakers that reported later than Sierra factoring in at least some mild disruption. While the S&P index is up about 9.8% for the year, Sierra Wireless is down 6.1% for 2019 and 24% over the past one-year period. Meanwhile, Sierra's stock doesn't look cheap at over 40 times forward earnings, and it doesn't pay a dividend to investors who are willing to ride out the near-term headwinds. Cumulative Growth of a $10,000 Investment in Stock Advisor, Is Sierra Wireless Stock a Buy? In 2019, Sierra's embedded broadband segment (WiFi and cellular chips and routers) sales fell 20% to $336 million. Editor’s Note: “The 5 Best 5G Stocks to Buy Right Now” originally published on May 8, 2020. Is this a good time to buy the stock? Wait to see evidence its new end-to-end platforms are catching on -- though that potential development is certainly worth monitoring. During the day the stock fluctuated 4.82% from a day low at $16.17 to a day high of $16.95. It probably shouldn't be an outsized part of your portfolio at this point in time. Sierra Wireless shares dropped after the recent earnings report, but this could be an opportunity to buy into a long-term growth story. Cash also exceeds total debt of $43.8 million, so Sierra has wiggle room. While by no means in poor shape, cash and equivalents of $75.5 million at the end of 2019 covers at least a quarter or two of operating expenses (full-year 2019 operating expenses were $278 million). Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. But you want to find the very best stocks right now to generate massive gains. It's no secret that much of the technology hardware industry is in a downturn -- it's coming off a large investment cycle over the prior two years, and also suffering under the cloud of the U.S.-China trade war. Use the Zacks Rank and Style Scores to find out is ACST is right for your portfolio. It probably shouldn't be an outsized part of your portfolio at this point in time. Sierra Wireless (TSX:SW)(NASDAQ:SWIR) stock is down more than 15% after the company reported wider losses in the first quarter. Is Sierra Wireless, Inc. (USA) (SWIR) A Good Stock To Buy? Markets Insider. Consequently, while we are enjoying success in the automotive segment, we expect our market share to decline in mobile computing until the next cycle of 5G design wins. While the S&P index is up about 9.8% for the year, Sierra Wireless is down 6.1% for 2019 and 24% over the past one-year period. There's also the threat of competition from large, well-funded chipmakers, as IoT is a hot area. Internet of Things and 5G Stock Sierra Wireless Is Still in a Slump -- For Now Sierra Wireless Inc (SWIR) Q3 2020 Earnings Call Transcript Buy These Growth Stocks … Thexton went on to say that 70% of IoT projects actually fail because of the difficulty of getting edge data simply and quickly into usable form. Check out the latest earnings call transcript for Sierra Wireless. If it can limit the damage and still keep the sales spigot running, it's very likely shares have been oversold and are currently going for a value. When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. Over the past year the S&P 500 has risen 6.44% while SWIR has fallen -0.33%. The proper installation of these sensors can save customers big time on maintenance costs, and these modules are just beginning to be widely deployed. It probably shouldn't be an outsized part of your portfolio at this point in time. Given the situation, it's no wonder Sierra Wireless' stock has been cut in half during the market rout. Adding fuel to the fire, tariffs on Chinese-made goods also caused Sierra to move some production from China to Vietnam. If the small hardware outfit wasn't floundering enough, the global spread of COVID-19 has come at a particularly inopportune time for the company. However, its war chest does look limited if business starts to deteriorate. Should I buy Corteva, Inc. (CTVA)? Sierra Wireless, Inc. (NASDAQ:SWIR), ended its previous trading session at $12.74 showing a gain of 0.130000000000001 or 1.03 percent with respect to the price of $12.61 when stock market opened. I think there's a good chance the numbers are in need of updating, and not in a positive way. Not only that, but the implementation of sensors with the company's software solutions will lead to recurring revenue for Sierra, which investors love. CEO Kent Thexton explained on the recent call with analysts: Before taking over as CEO, certain product investment decisions were made that favored investing in automotive to the detriment of some requirements of our mobile computing and networking customers. And he's embarking on an involved turnaround plan. This IoT chipmaker looks to be in for a rough 2019, but it still has potential. Stock Advisor launched in February of 2002. Sierra Wireless Inc real time quote is equal to 14.380 USD at 2021-01-05, but your current investment may be devalued in the future. Remember, there are thousands of stocks trading on the NYSE and Nasdaq. For those wanting to bet early, there could be value to be had in this operation, but I think there are better places to invest in the semiconductor space at the moment. Best Stocks To Buy: The Crucial Ingredients. It was updated on Sept. 24, 2020, to include the latest available information. Hardware in the industry has been commoditized, the company is still working on its 5G mobile networks technology, and software and services (where the money really is) haven't equated to growth for Sierra. Within IoT, hardware was again a drag, with the segment notching an overall meager gain thanks to recurring service and software revenue from managed IoT solutions. Sierra Wireless, Inc. (SWIR) stock is higher by 6.14% while the S&P 500 is unmoved 0% as of 11:30 AM on Monday, Jul 27. 5G modules will replace Sierra's current 3G and 4G modules in PCs, automobiles, and networking equipment. In particular, Sierra's significant exposure to the automobile industry is currently problematic, as that sector has slowed meaningfully in both China and Europe. @themotleyfool #stocks $SWIR, Wait Before You Buy This Hot Internet of Things Stock, Internet of Things and 5G Stock Sierra Wireless Is Still in a Slump -- For Now, Sierra Wireless Inc (SWIR) Q3 2020 Earnings Call Transcript, Buy These Growth Stocks Trading Around $10 Before They Soar Higher, Copyright, Trademark and Patent Information. That is on top of a 2018 that was already less profitable than the $1.05 per share in earnings that the company put up in 2017. 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