Sandvine Co. (TSE:SVC) – National Bank Financial issued their Q3 2016 earnings per share (EPS) estimates for shares of Sandvine in a research note issued to investors on Monday. National Bank Financial analyst R. Tse forecasts that the firm will post earnings per share of $0.01 for the quarter. National Bank Financial currently has a “Sector Perform Market Weight” rating on the stock. National Bank Financial also issued estimates for Sandvine’s Q4 2016 earnings at $0.05 EPS, FY2016 earnings at $0.17 EPS and FY2017 earnings at $0.21 EPS.
Other analysts also recently issued research reports about the company. Royal Bank Of Canada dropped their price objective on Sandvine from C$4.50 to C$4.00 and set an “outperform” rating on the stock in a research note on Tuesday, September 13th. Scotiabank reissued an “outperform” rating and issued a C$3.50 price objective on shares of Sandvine in a research note on Tuesday, September 13th. Canaccord Genuity dropped their price objective on Sandvine from C$4.25 to C$3.75 and set a “buy” rating on the stock in a research note on Tuesday, September 13th. Desjardins reissued a “buy” rating and issued a C$3.80 price objective on shares of Sandvine in a research note on Friday, July 8th. Finally, CIBC boosted their price objective on Sandvine from C$3.25 to C$3.50 in a research note on Friday, July 8th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Sandvine currently has a consensus rating of “Buy” and an average target price of C$3.50.
Sandvine (TSE:SVC) traded down 0.34% on Thursday, reaching $2.91. The company’s stock had a trading volume of 178,283 shares. The firm has a market capitalization of $404.44 million and a P/E ratio of 11.41. The firm has a 50-day moving average price of $3.31 and a 200 day moving average price of $2.96. Sandvine has a 52-week low of $2.27 and a 52-week high of $3.73.
Sandvine Company Profile
Sandvine Corporation develops and markets Network Policy Control solutions for communications service providers. The Company’s Network Policy Control solutions consists a hardware platform and software modules that are bundled together to provide a system for broadband communications service providers to identify (video streams, such as Netflix, Voice over Internet Protocol traffic, such as Skype, or online gaming), report on and take action on the data traversing their networks.
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