Sierra Wireless, Inc.

NasdaqGS:SWIR Voorraadrapport

Marktkapitalisatie: US$1.2b

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Sierra Wireless Inkomsten in het verleden

Verleden criteriumcontroles 0/6

De winst van Sierra Wireless is gedaald met een gemiddeld jaarlijks percentage van -29%, terwijl de winst van de Communications -industrie jaarlijks groeide met 2.2%. De inkomsten zijn daalde met een gemiddeld percentage van 8.8% per jaar.

Belangrijke informatie

-28.97%

Groei van de winst

-28.43%

Groei van de winst per aandeel

Communications Groei van de industrie31.77%
Inkomstengroei-8.85%
Rendement op eigen vermogen-9.13%
Nettomarge-3.71%
Laatste winstupdate30 Sep 2022

Recente prestatie-updates uit het verleden

Recent updates

Seeking Alpha • Oct 18

Semtech, Sierra Wireless receive DOJ second request on deal

Semtech (SMTC) and Sierra Wireless (NASDAQ:SWIR) said they received a request for additional information from the Dept. of Justice in regards to the Sierra Wireless acquisition. Semtech (SMTC) and Sierra Wireless (SWIR) said they will continue to work with the DOJ to resolve their open questions and bring the review to a close, according to a statement. The issuance of the second request extends the waiting period under the HSR Act until 30 days after Semtech and Sierra have substantially complied with the second requests. Semtech (SMTC) received a no action letter from the Canadian Competition Bureau on Oct. 3, satisfying the Competition Act Approval condition to closing. Semtech (SMTC) announced in August it planned to acquire Sierra Wireless (SWIR) for $31 per share in all cash.
Seeking Alpha • Aug 01

Sierra Wireless jumps 18% on report of Semtech buyout talks

Trading in Sierra Wireless (NASDAQ:SWIR) was paused for volatility and the stock shot up 17.8% off a report that Semtech (SMTC) was in advanced talks to acquire the company. A purchase deal could be announced within days, Bloomberg reports. Semtech (SMTC) has fallen 3% on the report. A deal might be timely after the stock suffered its worst four-day drop in a few years a week ago. Last Monday, Sierra Wireless fell 8.9% in U.S. trading, its fourth straight decline. But it recovered on each of the other four days of last week. Over a five-year span, the stock is down 0.2% after climbing back from depths it plumbed at the start of the COVID-19 pandemic. Just after that rough July 25 decline, Roth Capital said there was a buying opportunity in the stock going into Q2 results.
Seeking Alpha • Jul 08

Sierra Wireless - Going Wild

Sierra Wireless has seen accelerating momentum. The question is how much of this momentum is driven by supply chain shortages and panic buying, and how much growth is "organic." Strong revenue growth translates into modest realistic earnings here, a bit disappointing as more is to prove here. Shares of Sierra Wireless, Inc. (SWIR) have seen solid performance as of recent, certainly in relation to the rest of the market. The share price momentum being driven by strong operational performance. This is sufficient of a reason to update a thesis which goes back to the summer of 2020 when I concluded that Sierra was announcing an interesting sale, in a very uncertain period of time. Back To The Summer Of 2020 In July 2020, Sierra Wireless announced the sale of its China-based automatic embedded module product line to Hong Kong-based Rolling Wireless in a deal valued at $165 million, or $146 million net of cash. This was equal to just below 1 times sales, reported at $166 million in 2019. The deal would create a fully focused integrated IoT (Internet of Things) solution provider, although 4G LTE embedded modules and new 5G modules would be retained. If we look at the 2019 results, Sierra posted a 10% decline in full year sales to $713 million, with net losses coming in at $70 million. The company posted break-even results based on adjusted earnings, yet with a huge part of the difference stemming from stock-based compensation expenses, I was not happy to adjust down to break-even results as the company was still posting economic losses. The 36-million share count translates into a value of just around $350 million at around $10 per share, even including a modest net cash position. This reveals that the sale of the embedded module product line was equivalent to nearly half the enterprise valuation, translating into very non-demanding valuations for the core business, albeit that the company was posting losses and 2020 was set to become a challenging year. I believed that if the company might fetch a similar sales multiple for the remaining core business, the company could be worth $17-$20 per share. Shares rallied from $9 to $13 upon the deal announcement which killed some of that immediate appeal. While the deal looked great due to selling challenging assets at a high multiple and obtaining a lot of cash in an uncertain environment, there still was great uncertainty, including a troubled history of boom and busts Stabilization And Acceleration Following the dealmaking efforts in 2020, shares have been trading in a $15-$20 range for pretty much all of 2021, levels at which shares still traded early in 2022. Since May, shares have rallied from $16 to a high of $25, vastly outperforming markets here. Fast-forwarding to February of this year, we saw the company posted a 5% increase in sales to $473 million, with revenues quite a bit smaller from 2019 as a result of the divestment, of course. Promising is that fourth quarter revenues rose 25% to $150 million, for a $600 million run rate. The company still posted a huge GAAP operating loss of $80 million for the year, albeit that losses narrowed to $10 million in the final quarter. That still includes more than $4 million in amortization and impairment charges, as well as over $7 million in restructuring charges. Adjusted for that, realistic break-even levels were more in sight. In the meantime, quite some has changed. The company has seen dilution to 37 million shares outstanding, as net cash balances have fallen to $67 million here. At $25 per share, the company is awarded a $925 million equity valuation, which excluding $67 million in net cash comes down to a $860 million valuation. This was based on a first quarter revenue outlook seen at a midpoint of $142.5 million, with no further guidance given for the rest of the year. In April, Sierra announced the sale of the Omnilink offender monitoring business in a $38 million cash deal, a deal in which the company is set to forfeit $13 million in revenues. This revealed that a solid revenue multiple has been fetched at nearly 3 times. The move higher in the shares has been driven by very strong first quarter results, as released in May, with revenues up 60% to $173 million, far ahead of the guidance issued a quarter before. While the company posted an operating loss of $10 million, that comes after a combined $18 million in restructuring, impairment, and amortization charges, revealing some realistic profits, or break-even results.
Seeking Alpha • Apr 14

Turnaround At Sierra Wireless

SWIR's new management is much more focused on profitability versus growth. Growth nevertheless didn't disappoint and is boosted by secular tailwinds from IoT and 5G, which are still in the early innings. Cost cutting has really helped, and there will be a good deal of operational leverage going forward which is likely to produce positive cash flow. Component shortages and pricing remain a constraint and a risk going forward while production capacity has been expanded. Much of the turnaround is already priced in; the shares are not a screaming buy.
Seeking Alpha • Jul 08

Why Sierra Wireless Is Due For A Dip

SWIR stock rallied after posting a first quarter revenue beat. Stock's fair value discussed. Profit-taking pressuring stock.

Opbrengsten en kosten

Hoe Sierra Wireless geld verdient en uitgeeft. Gebaseerd op laatst gerapporteerde winst, op LTM-basis.

Inkomsten en omzetgeschiedenis

NasdaqGS:SWIR Opbrengsten, kosten en inkomsten (USD Millions )
DatumInkomstenInkomstenG+A UitgavenR&D-uitgaven
30 Sep 22677-2512070
30 Jun 22593-5311971
31 Mar 22538-7412271
31 Dec 21473-8912971
30 Sep 21444-8813274
30 Jun 21475-6413779
31 Mar 21454-7113883
31 Dec 20449-7013886
30 Sep 20453-7413586
30 Jun 20477-8013583
31 Mar 20476-9113577
31 Dec 19547-7513479
30 Sep 19624-6313980
30 Jun 19690-4414284
31 Mar 19781-2715092
31 Dec 18794-2515094
30 Sep 18776-2414593
30 Jun 18745-2213792
31 Mar 18716-412488
31 Dec 17691511883
30 Sep 176702411379
30 Jun 176512111176
31 Mar 176341510874
31 Dec 166151610573
30 Sep 16597-110274
30 Jun 1659849874
31 Mar 1660089674

Kwaliteitswinsten: SWIR is momenteel verliesgevend.

Groeiende winstmarge: SWIR is momenteel verliesgevend.

Analyse vrije kasstroom versus winst

Analyse van de winstgroei in het verleden

Winsttrend: SWIR is verliesgevend en de verliezen zijn de afgelopen 5 jaar toegenomen met een snelheid van 29% per jaar.

Versnelling van de groei: Het is niet mogelijk om de winstgroei van SWIR over het afgelopen jaar te vergelijken met het gemiddelde over de afgelopen vijf jaar, omdat het bedrijf momenteel verliesgevend is.

Winst versus industrie: SWIR is verlieslatend, waardoor het lastig is om de winstgroei van het afgelopen jaar te vergelijken met die van de Communications industrie ( 20.5% ).

Rendement op eigen vermogen

Hoge ROE: SWIR heeft een negatief Return on Equity ( -9.13% ), omdat het momenteel verliesgevend is.

Rendement op activa

Rendement op geïnvesteerd vermogen

Ontdek sterk presterende bedrijven uit het verleden

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Bedrijfsanalyse en status van financiële gegevens

GegevensLaatst bijgewerkt (UTC-tijd)
Bedrijfsanalyse2023/01/13 05:39
Aandelenkoers aan het einde van de dag2023/01/12 00:00
Inkomsten2022/09/30
Jaarlijkse inkomsten2021/12/31

Gegevensbronnen

De gegevens die gebruikt zijn in onze bedrijfsanalyse zijn afkomstig van S&P Global Market Intelligence LLC. De volgende gegevens worden gebruikt in ons analysemodel om dit rapport te genereren. De gegevens zijn genormaliseerd, waardoor er een vertraging kan optreden voordat de bron beschikbaar is.

PakketGegevensTijdframeVoorbeeld Amerikaanse bron *
Financiële gegevens bedrijf10 jaar
  • Resultatenrekening
  • Kasstroomoverzicht
  • Balans
Consensus schattingen analisten+3 jaar
  • Financiële prognoses
  • Koersdoelen analisten
Marktprijzen30 jaar
  • Aandelenprijzen
  • Dividenden, splitsingen en acties
Eigendom10 jaar
  • Top aandeelhouders
  • Handel met voorkennis
Beheer10 jaar
  • Leiderschapsteam
  • Raad van bestuur
Belangrijkste ontwikkelingen10 jaar
  • Bedrijfsaankondigingen

* Voorbeeld voor effecten uit de VS, voor niet-Amerikaanse effecten worden gelijkwaardige formulieren en bronnen gebruikt.

Tenzij anders vermeld zijn alle financiële gegevens gebaseerd op een jaarperiode, maar worden ze elk kwartaal bijgewerkt. Dit staat bekend als Trailing Twelve Month (TTM) of Last Twelve Month (LTM) gegevens. Meer informatie.

Analysemodel en Snowflake

Details van het analysemodel dat is gebruikt om dit rapport te genereren zijn beschikbaar op onze Github-pagina. We hebben ook handleidingen over hoe je onze rapporten kunt gebruiken en tutorials op YouTube.

Leer meer over het team van wereldklasse dat het Simply Wall St-analysemodel heeft ontworpen en gebouwd.

Industrie en sector

Onze industrie- en sectormetrics worden elke 6 uur berekend door Simply Wall St, details van ons proces zijn beschikbaar op Github.

Bronnen van analisten

Sierra Wireless, Inc. wordt gevolgd door 28 analisten. 9 van deze analisten hebben de schattingen van de omzet of winst ingediend die zijn gebruikt als input voor ons rapport. Inzendingen van analisten worden de hele dag door bijgewerkt.

AnalistInstelling
David TyermanATB Cormark Historical (Cormark Securities)
Amir RozwadowskiBarclays
Scott SearleBenchmark Company