The price of SolarWinds Corp (NYSE: SWI) closed at $11.78 in the last session, down -0.76% from day before closing price of $11.87. In other words, the price has decreased by -$0.09 from its previous closing price. On the day, 528792 shares were traded. SWI stock price reached its highest trading level at $12.04 during the session, while it also had its lowest trading level at $11.75.
Ratios:
We take a closer look at SWI’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.96. For the most recent quarter (mrq), Quick Ratio is recorded 0.90 and its Current Ratio is at 0.90. In the meantime, Its Debt-to-Equity ratio is 0.88 whereas as Long-Term Debt/Eq ratio is at 0.86.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, JP Morgan on February 01, 2024, initiated with a Neutral rating and assigned the stock a target price of $14.
On December 14, 2021, JP Morgan Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $23 to $16.
RBC Capital Mkts Downgraded its Outperform to Sector Perform on October 29, 2021, whereas the target price for the stock was revised from $28 to $19.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 14 when Sundaram Easwaran sold 40,000 shares for $10.88 per share. The transaction valued at 435,200 led to the insider holds 32,284 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SWI now has a Market Capitalization of 1.96B and an Enterprise Value of 2.94B. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.59 while its Price-to-Book (P/B) ratio in mrq is 1.36. Its current Enterprise Value per Revenue stands at 3.88 whereas that against EBITDA is 12.67.
Stock Price History:
Over the past 52 weeks, SWI has reached a high of $13.43, while it has fallen to a 52-week low of $8.06. The 50-Day Moving Average of the stock is 12.11, while the 200-Day Moving Average is calculated to be 10.72.
Shares Statistics:
According to the various share statistics, SWI traded on average about 471.54K shares per day over the past 3-months and 550.16k shares per day over the past 10 days. A total of 166.64M shares are outstanding, with a floating share count of 45.06M. Insiders hold about 72.96% of the company’s shares, while institutions hold 25.03% stake in the company. Shares short for SWI as of Jan 31, 2024 were 647.99k with a Short Ratio of 1.37, compared to 569.43k on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 0.39% and a Short% of Float of 1.21%.
Earnings Estimates
The company has 7 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.21 for the current quarter, with a high estimate of $0.22 and a low estimate of $0.2, while EPS last year was $0.2. The consensus estimate for the next quarter is $0.23, with high estimates of $0.23 and low estimates of $0.23.
Analysts are recommending an EPS of between $0.99 and $0.93 for the fiscal current year, implying an average EPS of $0.97. EPS for the following year is $1.04, with 7 analysts recommending between $1.1 and $0.96.
Revenue Estimates
According to 6 analysts, the current quarter’s revenue is expected to be $189.81M. It ranges from a high estimate of $190.77M to a low estimate of $189M. As of the current estimate, SolarWinds Corp’s year-ago sales were $185.98M, an estimated increase of 2.10% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $190.14M, an increase of 2.80% over than the figure of $2.10% in the same quarter last year. There is a high estimate of $190.88M for the next quarter, whereas the lowest estimate is $189M.
A total of 7 analysts have provided revenue estimates for SWI’s current fiscal year. The highest revenue estimate was $782.74M, while the lowest revenue estimate was $777.71M, resulting in an average revenue estimate of $779.54M. In the same quarter a year ago, actual revenue was $758.74M, up 2.70% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $819.4M in the next fiscal year. The high estimate is $827.65M and the low estimate is $810M. The average revenue growth estimate for next year is up 5.10% from the average revenue estimate for this year.
