Currently, there are 171.57M common shares owned by the public and among those 53.49M shares have been available to trade.
The company’s stock has a 5-day price change of 0.65% and 33.50% over the past three months. SWI shares are trading 29.75% year to date (YTD), with the 12-month market performance up to 69.48% higher. It has a 12-month low price of $10.14 and touched a high of $18.55 over the same period. SWI has an average intraday trading volume of 1.63 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 0.37%, 1.82%, and 28.87% respectively.
Institutional ownership of SolarWinds Corp (NYSE: SWI) shares accounts for 30.72% of the company’s 171.57M shares outstanding.
It has a market capitalization of $3.20B and a beta (3y monthly) value of 0.90. The stock’s trailing 12-month PE ratio is 28.86, while the earnings-per-share (ttm) stands at $0.64. Price movements for the stock have been influenced by the stock’s volatility, which stands at 0.14% over the week and 0.33% over the month.
Analysts forecast that SolarWinds Corp (SWI) will achieve an EPS of 0.27 for the current quarter, 0.27 for the next quarter and 1.17 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.23 while analysts give the company a high EPS estimate of 0.23. Comparatively, EPS for the current quarter was 0.29 a year ago. Earnings per share for the fiscal year are expected to decrease by -17.93%, and 5.19% over the next financial year.
Wedbush coverage for the SolarWinds Corp (SWI) stock in a research note released on December 19, 2024 offered a Outperform rating with a price target of $20. Scotiabank was of a view on September 13, 2024 that the stock is Sector Perform, while Truist gave the stock Hold rating on March 06, 2024, issuing a price target of $13. JP Morgan on their part issued Neutral rating on February 01, 2024.
