For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
Smith & Wesson Brands Inc (NASDAQ: SWBI) closed the day trading at $9.61 up 2.18% from the previous closing price of $9.40. In other words, the price has increased by $2.18 from its previous closing price. On the day, 0.69 million shares were traded.
Ratios:
For a better understanding of SWBI, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.56 and its Current Ratio is at 4.67. In the meantime, Its Debt-to-Equity ratio is 0.40 whereas as Long-Term Debt/Eq ratio is at 0.39.
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:
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 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:
As of this moment, Smith’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.78, and their Forward P/E ratio for the next fiscal year is 21.12. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.86 while its Price-to-Book (P/B) ratio in mrq is 1.16.
Stock Price History:
Over the past 52 weeks, SWBI has reached a high of $18.05, while it has fallen to a 52-week low of $9.17. The 50-Day Moving Average of the stock is -8.13%, while the 200-Day Moving Average is calculated to be -26.67%.
Shares Statistics:
A total of 44.00M shares are outstanding, with a floating share count of 43.08M. Insiders hold about 2.09% of the company’s shares, while institutions hold 55.40% stake in the company.
