Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Smith & Wesson Brands Inc (NASDAQ: SWBI) closed at $547.68K up 7330665% from its previous closing price of $10.88. In other words, the price has increased by $7330665 from its previous closing price. On the day, 7.33 million shares were traded. SWBI stock price reached its highest trading level at $9.5 during the session, while it also had its lowest trading level at $8.65.
Ratios:
For a deeper understanding of Smith & Wesson Brands Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.31 and its Current Ratio is at 4.16. In the meantime, Its Debt-to-Equity ratio is 0.31 whereas as Long-Term Debt/Eq ratio is at 0.30.
On December 06, 2024, Lake Street Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $18 to $13.
Craig Hallum Downgraded its Buy to Hold on December 06, 2024, whereas the target price for the stock was revised from $18 to $13.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jul 29 ’24 when SCOTT ROBERT L sold 2,000 shares for $16.07 per share. The transaction valued at 32,140 led to the insider holds 67,569 shares of the business.
ROBERT L SCOTT bought 2,000 shares of SWBI for $32,140 on Jul 29 ’24. On Jun 28 ’24, another insider, SCOTT ROBERT L, who serves as the Director of the company, sold 2,000 shares for $14.80 each. As a result, the insider received 29,600 and left with 69,569 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 386603904 and an Enterprise Value of 476424224. As of this moment, Smith’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.92. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.81 while its Price-to-Book (P/B) ratio in mrq is 1.03. Its current Enterprise Value per Revenue stands at 1.004 whereas that against EBITDA is 8.785.
Stock Price History:
The Beta on a monthly basis for SWBI is 1.00, which has changed by -0.4040956 over the last 52 weeks, in comparison to a change of 0.09544468 over the same period for the S&P500. Over the past 52 weeks, SWBI has reached a high of $16.85, while it has fallen to a 52-week low of $8.38. The 50-Day Moving Average of the stock is -9.33%, while the 200-Day Moving Average is calculated to be -21.33%.
Shares Statistics:
For the past three months, SWBI has traded an average of 547.68K shares per day and 1314790 over the past ten days. A total of 44.11M shares are outstanding, with a floating share count of 42.97M. Insiders hold about 2.59% of the company’s shares, while institutions hold 54.62% stake in the company. Shares short for SWBI as of 1748563200 were 2223646 with a Short Ratio of 4.06, compared to 1745971200 on 2271351. Therefore, it implies a Short% of Shares Outstanding of 2223646 and a Short% of Float of 5.11.
Dividends & Splits
According to the company, the forward annual dividend rate for SWBI is 0.52, from 0.52 in the trailing year. Against a Trailing Annual Dividend Yield of 0.047794115The current Payout Ratio is 174.03% for SWBI, which recently paid a dividend on 2025-03-20 with an ex-dividend date of 1751846400. Stock splits for the company last occurred on 2020-08-25 when the company split stock in a 1301:1000 ratio.