Sierra Wireless Stock Net Income
Fundamental analysis of Sierra Wireless allows traders to better anticipate movements in Sierra Wireless' stock price by examining its financial health and performance throughout various phases of its business cycle.
Sierra |
Sierra Wireless Company Net Income Analysis
Sierra Wireless' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Sierra Wireless Net Income | (89.02 M) |
Most of Sierra Wireless' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Sierra Wireless is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
CompetitionBased on the recorded statements, Sierra Wireless reported net income of (89.02 Million). This is 116.52% lower than that of the Communications Equipment sector and 133.32% lower than that of the Information Technology industry. The net income for all United States stocks is 115.59% higher than that of the company.
Sierra Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sierra Wireless' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Sierra Wireless could also be used in its relative valuation, which is a method of valuing Sierra Wireless by comparing valuation metrics of similar companies.Sierra Wireless is currently under evaluation in net income category among its peers.
Sierra Fundamentals
| Return On Equity | -0.0896 | |||
| Return On Asset | 0.0215 | |||
| Profit Margin | (0.03) % | |||
| Operating Margin | 0.03 % | |||
| Current Valuation | 1.09 B | |||
| Shares Outstanding | 39.07 M | |||
| Shares Owned By Insiders | 1.04 % | |||
| Shares Owned By Institutions | 82.66 % | |||
| Number Of Shares Shorted | 2.78 M | |||
| Price To Earning | 137.89 X | |||
| Price To Book | 4.12 X | |||
| Price To Sales | 1.68 X | |||
| Revenue | 473.21 M | |||
| Gross Profit | 156 M | |||
| EBITDA | (59.98 M) | |||
| Net Income | (89.02 M) | |||
| Cash And Equivalents | 131.6 M | |||
| Cash Per Share | 3.38 X | |||
| Total Debt | 9.39 M | |||
| Debt To Equity | 0.25 % | |||
| Current Ratio | 1.83 X | |||
| Book Value Per Share | 7.03 X | |||
| Cash Flow From Operations | (76.53 M) | |||
| Short Ratio | 6.47 X | |||
| Earnings Per Share | (1.92) X | |||
| Price To Earnings To Growth | 1.70 X | |||
| Target Price | 29.43 | |||
| Number Of Employees | 1.01 K | |||
| Beta | 1.41 | |||
| Market Capitalization | 1.21 B | |||
| Total Asset | 547.05 M | |||
| Retained Earnings | (160 K) | |||
| Working Capital | 129.91 M | |||
| Current Asset | 261.93 M | |||
| Current Liabilities | 132.02 M | |||
| Z Score | 76.8 | |||
| Net Asset | 547.05 M |
Pair Trading with Sierra Wireless
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sierra Wireless position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sierra Wireless will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Kimco Realty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kimco Realty when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Kimco Realty - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Kimco Realty to buy it.
The correlation of Kimco Realty is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kimco Realty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kimco Realty moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Kimco Realty can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Other Consideration for investing in Sierra Stock
If you are still planning to invest in Sierra Wireless check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Sierra Wireless' history and understand the potential risks before investing.
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