SolarWinds Corporation [NYSE: SWI] closed the trading session at $19.62 on 12/14/20. The day’s price range saw the stock hit a low of $19.2046, while the highest price level was $21.00. The company report on December 15, 2020 that Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of SolarWinds Corporation (SWI) on Behalf of Investors.
Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, announced that it has commenced an investigation on behalf of SolarWinds Corporation (“SolarWinds” or the “Company”) (NYSE: SWI) investors concerning the Company’s possible violations of the federal securities laws.
If you suffered a loss on your SolarWinds Corporation investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at https://www.glancylaw.com/cases/solarwinds-corporation/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at email@example.com to learn more about your rights.
The stocks have a year to date performance of 5.77 percent and weekly performance of -16.23 percent. The stock has been moved at 1.98 percent over the last six months. The stock has performed -11.34 percent around the most recent 30 days and changed 0.10 percent over the most recent 3-months.
If compared to the average trading volume of 437.37K shares, SWI reached to a volume of 4160545 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say 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 $23.85 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 2.30. 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.
Berenberg have made an estimate for SolarWinds Corporation shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 07, 2020. While these analysts kept the previous recommendation, Credit Suisse dropped their target price from $22 to $18. The new note on the price target was released on April 23, 2020, representing the official price target for SolarWinds Corporation stock. Previously, the target price had yet another raise to $17, while Barclays analysts kept a Underweight rating on SWI stock.
The Average True Range (ATR) for SolarWinds Corporation is set at 0.88, with the Price to Sales ratio for SWI stock in the period of the last 12 months amounting to 6.13. The Price to Book ratio for the last quarter was 2.19, with the Price to Cash per share for the same quarter was set at 1.36. Price to Free Cash Flow for SWI in the course of the last twelve months was 18.26 with Quick ratio for the last quarter at 1.30.
SWI stock trade performance evaluation
SolarWinds Corporation [SWI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -16.23. With this latest performance, SWI shares dropped by -11.34% in over the last four-week period, additionally plugging by 1.98% over the last 6 months – not to mention a rise of 10.04% 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 28.11, with the RSI for the last a single of trading hit 21.53, and the three-weeks RSI is set at 34.84 for SolarWinds Corporation [SWI]. The present Moving Average for the last 50 days of trading for this stock 21.94, while it was recorded at 22.73 for the last single week of trading, and 18.98 for the last 200 days.
SolarWinds Corporation [SWI]: An insightful look at the core fundamentals
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 1.30 and a Current Ratio set at 1.30.
Earnings per share (EPS) analysis for SolarWinds Corporation [SWI] stock
With the latest financial reports released by the company, SolarWinds Corporation posted 0.24/share EPS, while the average EPS was predicted by analysts to be reported at 0.22/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 9.10%. 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 15.40%.
SolarWinds Corporation [SWI]: Insider Ownership positions
There are presently around $5,922 million, or 98.70% 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 1.90% of the total institutional ownership; THOMA BRAVO, L.P., holding 106,020,448 shares of the stock with an approximate value of $2.08 billion in SWI stocks shares; and HARBOURVEST PARTNERS LLC, currently with $154.46 million in SWI stock with ownership of nearly 0% of the company’s market capitalization.
Positions in SolarWinds Corporation stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 72 institutional holders increased their position in SolarWinds Corporation [NYSE:SWI] by around 4,089,203 shares. Additionally, 60 investors decreased positions by around 4,539,896 shares, while 22 investors held positions by with 293,202,051 shares. The mentioned changes placed institutional holdings at 301,831,150 shares, according to the latest SEC report filing. SWI stock had 20 new institutional investments in for a total of 493,650 shares, while 18 institutional investors sold positions of 596,592 shares during the same period.