@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. 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. 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. 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. Should I buy Corteva, Inc. (CTVA)? - Try Now Risk-Free - Money-back guarantee! 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. Should I buy Acasti Pharma, Inc. (ACST)? When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. 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. If you are looking for stocks with good return, Sierra Wireless Inc stock can be a bad, high-risk 1-year investment option. Subscribe. 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. Use the Zacks Rank and Style Scores to find out is ACST is right for your portfolio. 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 … And he's embarking on an involved turnaround plan. 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. Sierra Wireless shares dropped after the recent earnings report, but this could be an opportunity to buy into a long-term growth story. With its focus on hardware suffering from commoditization, there's little hope for a quick recovery in the top line. 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. I think there's a good chance the numbers are in need of updating, and not in a positive way. Thus Sierra Wireless could make for a good pick as a high-upside, higher risk proposition. Sierra Wireless (TSX:SW)(NASDAQ:SWIR) has had some impressive rallies and equally stunning reversals in the past two decades. The company’s stock price has collected 9.00% of gains in the last five trading sessions. Cumulative Growth of a $10,000 Investment in Stock Advisor, Is Sierra Wireless Stock a Buy? 5G modules will replace Sierra's current 3G and 4G modules in PCs, automobiles, and networking equipment. Editor’s Note: “The 5 Best 5G Stocks to Buy Right Now” originally published on May 8, 2020. View real-time stock prices and stock quotes for a full financial overview. Of course, I still believe coronavirus will be beaten and that the world will have moved on by the end of 2020. 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. Over the past year the S&P 500 has risen 6.44% while SWIR has fallen -0.33%. Cash also exceeds total debt of $43.8 million, so Sierra has wiggle room. The Motley Fool owns shares of and recommends Sierra Wireless. It probably shouldn't be an outsized part of your portfolio at this point in time. 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. 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… SWIR lost -$2.26 per share the over the last 12 months. 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. Given the situation, it's no wonder Sierra Wireless' stock has been cut in half during the market rout. In particular, Sierra's significant exposure to the automobile industry is currently problematic, as that sector has slowed meaningfully in both China and Europe. The Internet of Things hasn't been the boon to connectivity chipmaker Sierra Wireless (NASDAQ:SWIR) that many investors thought it would be. 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. However, its war chest does look limited if business starts to deteriorate. Sierra makes embedded modules, gateways, modems, and the integrated software for "smart" equipment manufacturers and enterprise customers. 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. @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. 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. Business Insider . And that's what's so concerning now that coronavirus is creating both supply and demand-side disruption around the globe. Wait to see evidence its new end-to-end platforms are catching on -- though that potential development is certainly worth monitoring. 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. 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. 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. Adding fuel to the fire, tariffs on Chinese-made goods also caused Sierra to move some production from China to Vietnam. 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. With the forecast already not great and macroeconomic events outside of its control now in play, it's worth mentioning Sierra's balance sheet. 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