SolarWinds (SWI) Expected to Announce Quarterly Earnings on Tuesday

SolarWinds (NYSE:SWI) is projected to release its earnings data before the market opens on Tuesday, February 11th. Analysts expect SolarWinds to post earnings of $0.27 per share and revenue of $202.92 million for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

SolarWinds Stock Up 22.0 %

Shares of SWI stock opened at $18.34 on Monday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.71 and a current ratio of 0.71. The stock has a market cap of $3.13 billion, a PE ratio of 83.37 and a beta of 0.94. The business’s fifty day moving average is $14.47 and its 200-day moving average is $13.35. SolarWinds has a 1 year low of $10.14 and a 1 year high of $18.55.

Analyst Upgrades and Downgrades

Several brokerages have commented on SWI. Royal Bank of Canada boosted their price target on shares of SolarWinds from $13.00 to $16.00 and gave the stock a “sector perform” rating in a research report on Tuesday, January 21st. Wedbush lowered shares of SolarWinds from an “outperform” rating to a “neutral” rating and cut their target price for the company from $20.00 to $18.50 in a research note on Friday. Scotiabank lifted their price target on shares of SolarWinds from $13.00 to $15.00 and gave the stock a “sector perform” rating in a research report on Tuesday, January 21st. Finally, Robert W. Baird upped their price target on SolarWinds from $14.00 to $15.00 and gave the company a “neutral” rating in a report on Friday, November 1st. Five research analysts have rated the stock with a hold rating, According to MarketBeat, SolarWinds presently has an average rating of “Hold” and a consensus price target of $15.50.

About SolarWinds

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.