SolarWinds (SWI) Projected to Post Quarterly Earnings on Tuesday

SolarWinds (NYSE:SWI) is anticipated to issue its quarterly earnings data before the market opens on Tuesday, February 11th. Analysts expect the company to announce earnings of $0.27 per share and revenue of $202.92 million for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

SolarWinds Trading Up 22.0 %

NYSE:SWI opened at $18.34 on Monday. The stock has a market cap of $3.13 billion, a PE ratio of 83.37 and a beta of 0.94. SolarWinds has a fifty-two week low of $10.14 and a fifty-two week high of $18.55. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.71 and a quick ratio of 0.71. The stock’s 50-day moving average is $14.47 and its two-hundred day moving average is $13.35.

Wall Street Analyst Weigh In

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

SolarWinds Company Profile

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.