Smith & Wesson Brands Inc (NASDAQ: SWBI) closed the day trading at $17.58 up 0.37% from the previous closing price of $17.51. In other words, the price has increased by $+0.07 from its previous closing price. On the day, 934534 shares were traded. SWBI stock price reached its highest trading level at $17.76 during the session, while it also had its lowest trading level at $17.17.
Ratios:
For a better understanding of SWBI, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.42 and its Current Ratio is at 3.21. In the meantime, Its Debt-to-Equity ratio is 0.27 whereas as Long-Term Debt/Eq ratio is at 0.27.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Craig Hallum on March 08, 2024, Upgraded its rating to Buy and sets its target price to $18 from $14 previously.
On December 07, 2022, Lake Street reiterated its Buy rating and also upped its target price recommendation from $22 to $13.50.
Cowen Downgraded its Outperform to Market Perform on December 03, 2021, whereas the target price for the stock was revised from $38 to $22.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 20 ’24 when SCOTT ROBERT L sold 2,000 shares for $13.46 per share. The transaction valued at 26,920 led to the insider holds 73,569 shares of the business.
SCOTT ROBERT L sold 2,000 shares of SWBI for $26,340 on Jan 22 ’24. The Director now owns 75,569 shares after completing the transaction at $13.17 per share. On Dec 20 ’23, another insider, SCOTT ROBERT L, who serves as the Director of the company, sold 2,000 shares for $13.40 each. As a result, the insider received 26,800 and left with 77,569 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SWBI now has a Market Capitalization of 800.18M and an Enterprise Value of 855.50M. As of this moment, Smith’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.75, and their Forward P/E ratio for the next fiscal year is 14.90. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.53 while its Price-to-Book (P/B) ratio in mrq is 2.13. Its current Enterprise Value per Revenue stands at 1.64 whereas that against EBITDA is 12.37.
Stock Price History:
Over the past 52 weeks, SWBI has reached a high of $17.77, while it has fallen to a 52-week low of $10.38. The 50-Day Moving Average of the stock is 13.63, while the 200-Day Moving Average is calculated to be 13.15.
Shares Statistics:
Over the past 3-months, SWBI traded about 424.41K shares per day on average, while over the past 10 days, SWBI traded about 902.09k shares per day. A total of 45.99M shares are outstanding, with a floating share count of 44.41M. Insiders hold about 2.42% of the company’s shares, while institutions hold 60.51% stake in the company. Shares short for SWBI as of Feb 29, 2024 were 1.62M with a Short Ratio of 3.82, compared to 1.51M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.56% and a Short% of Float of 3.59%.
Dividends & Splits
SWBI’s forward annual dividend rate is 0.46, up from 0.46 a year ago. Against a Trailing Annual Dividend Yield of 2.63%, it implies a Forward Annual Dividend Yield of 2.73%. The current Payout Ratio is 50.08% for SWBI, which recently paid a dividend on Apr 04, 2024 with an ex-dividend date of Mar 20, 2024. Stock splits for the company last occurred on Aug 25, 2020 when the company split stock in a 1301:1000 ratio.
Earnings Estimates
Current recommendations for the stock of the company come from 3 analysts. On average, analysts expect EPS of $0.33 for the current quarter, with a high estimate of $0.35 and a low estimate of $0.3, while EPS last year was $0.28. The consensus estimate for the next quarter is $0.18, with high estimates of $0.19 and low estimates of $0.18.
Analysts are recommending an EPS of between $0.64 and $0.54 for the fiscal current year, implying an average EPS of $0.6. EPS for the following year is $1.18, with 2 analysts recommending between $1.3 and $1.06.
Revenue Estimates
3 analysts predict $154.23M in revenue for the current quarter. It ranges from a high estimate of $158.52M to a low estimate of $149.1M. As of the current estimate, Smith & Wesson Brands Inc’s year-ago sales were $144.78M, an estimated increase of 6.50% from the year-ago figure.
A total of 3 analysts have provided revenue estimates for SWBI’s current fiscal year. The highest revenue estimate was $535.21M, while the lowest revenue estimate was $523.8M, resulting in an average revenue estimate of $530.25M. In the same quarter a year ago, actual revenue was $479.24M, up 10.60% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $578.18M in the next fiscal year. The high estimate is $578.58M and the low estimate is $577.77M. The average revenue growth estimate for next year is up 9.00% from the average revenue estimate for this year.
