SolarWinds (SWI) Scheduled to Post Earnings on Thursday

SolarWinds (NYSE:SWIGet Free Report) is set to post its quarterly earnings results before the market opens on Thursday, October 31st. Analysts expect SolarWinds to post earnings of $0.25 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

SolarWinds (NYSE:SWIGet Free Report) last announced its quarterly earnings data on Thursday, August 1st. The software maker reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.03. SolarWinds had a net margin of 2.96% and a return on equity of 7.14%. The business had revenue of $193.30 million for the quarter, compared to analyst estimates of $188.67 million. During the same period in the prior year, the business posted $0.12 earnings per share. SolarWinds’s revenue was up 4.5% compared to the same quarter last year. On average, analysts expect SolarWinds to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

SolarWinds Stock Up 0.3 %

NYSE:SWI opened at $12.50 on Wednesday. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 0.92. SolarWinds has a 12-month low of $8.98 and a 12-month high of $13.45. The firm has a market capitalization of $2.12 billion, a P/E ratio of 96.15 and a beta of 0.97. The stock’s fifty day simple moving average is $12.70 and its 200-day simple moving average is $12.09.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on SWI. Scotiabank assumed coverage on shares of SolarWinds in a research report on Friday, September 13th. They issued a “sector perform” rating and a $13.00 price target on the stock. Robert W. Baird cut their price objective on shares of SolarWinds from $15.00 to $14.00 and set a “neutral” rating on the stock in a research report on Friday, August 2nd. Five investment analysts have rated the stock with a hold rating, According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $13.80.

View Our Latest Stock Report on SolarWinds

SolarWinds Company Profile

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SolarWinds Corporation provides information technology (IT) management software products in the United States and internationally. It provides a suite of network management software that offers real-time visibility into network utilization and bandwidth, as well as the ability to detect, diagnose, and resolve network performance problems; and a suite of infrastructure management products, which monitors and analyzes the performance of applications and their supporting infrastructure, including servers, physical, virtual and cloud infrastructure, storage, and databases.

Further Reading

Earnings History for SolarWinds (NYSE:SWI)

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