SolarWinds Corporation [NYSE: SWI] loss -2.80% on the last trading session, reaching $20.86 price per share at the time. The company report on August 6, 2020 that SolarWinds Announces Second Quarter 2020 Results.
SolarWinds Corporation (NYSE: SWI), a leading provider of powerful and affordable IT management software, today reported results for its second quarter ended June 30, 2020.
On a GAAP basis:.
SolarWinds Corporation represents 308.94 million in outstanding shares, while the company has a total market value of $5.79 billion with the latest information. SWI stock price has been found in the range of $20.50 to $21.61.
If compared to the average trading volume of 640.28K shares, SWI reached a trading volume of 1824403 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about SolarWinds Corporation [SWI]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SWI shares is $18.77 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SWI stock is a recommendation set at 2.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Credit Suisse have made an estimate for SolarWinds Corporation shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on April 23, 2020. The new note on the price target was released on January 10, 2020, representing the official price target for SolarWinds Corporation stock.
The Average True Range (ATR) for SolarWinds Corporation is set at 0.74, with the Price to Sales ratio for SWI stock in the period of the last 12 months amounting to 6.01. The Price to Book ratio for the last quarter was 2.45, with the Price to Cash per share for the same quarter was set at 0.85. Price to Free Cash Flow for SWI in the course of the last twelve months was 20.49 with Quick ratio for the last quarter at 0.90.
Trading performance analysis for SWI stock
SolarWinds Corporation [SWI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 11.73. With this latest performance, SWI shares gained by 15.38% in over the last four-week period, additionally plugging by 11.85% over the last 6 months – not to mention a rise of 19.68% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SWI stock in for the last two-week period is set at 70.67, with the RSI for the last a single of trading hit 73.78, and the three-weeks RSI is set at 66.06 for SolarWinds Corporation [SWI]. The present Moving Average for the last 50 days of trading for this stock 18.61, while it was recorded at 19.80 for the last single week of trading, and 17.96 for the last 200 days.
SolarWinds Corporation [SWI]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and SolarWinds Corporation [SWI] shares currently have an operating margin of +25.70 and a Gross Margin at +89.65. SolarWinds Corporation’s Net Margin is presently recorded at +18.22.
Return on Total Capital for SWI is now 14.04, given the latest momentum, and Return on Invested Capital for the company is 14.56. Return on Equity for this stock inclined to 14.56, with Return on Assets sitting at 10.20.
Reflecting on the efficiency of the workforce at the company, SolarWinds Corporation [SWI] managed to generate an average of $47,456 per employee. Receivables Turnover for the company is 8.74 with a Total Asset Turnover recorded at a value of 0.56.SolarWinds Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.90 and a Current Ratio set at 0.90.
SolarWinds Corporation [SWI]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, SolarWinds Corporation posted 0.21/share EPS, while the average EPS was predicted by analysts to be reported at 0.2/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 5.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SWI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for SolarWinds Corporation go to 10.45%.
An analysis of insider ownership at SolarWinds Corporation [SWI]
There are presently around $6,323 million, or 99.90% of SWI stock, in the hands of institutional investors. The top three institutional holders of SWI stocks are: SILVER LAKE GROUP, L.L.C. with ownership of 130,116,606, which is approximately 0% of the company’s market cap and around 2.30% of the total institutional ownership; THOMA BRAVO, L.P., holding 106,020,448 shares of the stock with an approximate value of $2.21 billion in SWI stocks shares; and ARROWMARK COLORADO HOLDINGS LLC, currently with $164.78 million in SWI stock with ownership of nearly 3.287% of the company’s market capitalization.
Positions in SolarWinds Corporation stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 66 institutional holders increased their position in SolarWinds Corporation [NYSE:SWI] by around 7,808,757 shares. Additionally, 70 investors decreased positions by around 9,270,940 shares, while 15 investors held positions by with 286,013,068 shares. The mentioned changes placed institutional holdings at 303,092,765 shares, according to the latest SEC report filing. SWI stock had 23 new institutional investments in for a total of 3,160,961 shares, while 35 institutional investors sold positions of 3,664,686 shares during the same period.