Market Update: Smith & Wesson Brands Inc (SWBI) Sees Negative Movement, Closing at 9.22

Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.

In the latest session, Smith & Wesson Brands Inc (NASDAQ: SWBI) closed at $9.22 down -3.25% from its previous closing price of $9.53. In other words, the price has decreased by -$3.25 from its previous closing price. On the day, 0.74 million shares were traded. SWBI stock price reached its highest trading level at $9.56 during the session, while it also had its lowest trading level at $9.2.

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 1.56 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:

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 405704896 and an Enterprise Value of 537740736. As of this moment, Smith’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.18, and their Forward P/E ratio for the next fiscal year is 20.26. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.83 while its Price-to-Book (P/B) ratio in mrq is 1.11. Its current Enterprise Value per Revenue stands at 1.091 whereas that against EBITDA is 8.272.

Stock Price History:

The Beta on a monthly basis for SWBI is 1.12, which has changed by -0.46364164 over the last 52 weeks, in comparison to a change of 0.092895746 over the same period for the S&P500. Over the past 52 weeks, SWBI has reached a high of $17.25, while it has fallen to a 52-week low of $8.38. The 50-Day Moving Average of the stock is -5.33%, while the 200-Day Moving Average is calculated to be -23.32%.

Shares Statistics:

For the past three months, SWBI has traded an average of 485.58K shares per day and 384590 over the past ten days. A total of 44.00M shares are outstanding, with a floating share count of 43.13M. Insiders hold about 1.98% of the company’s shares, while institutions hold 55.27% stake in the company. Shares short for SWBI as of 1744675200 were 2197236 with a Short Ratio of 4.52, compared to 1741910400 on 1915746. Therefore, it implies a Short% of Shares Outstanding of 2197236 and a Short% of Float of 5.050000000000001.

Dividends & Splits

According to the company, the forward annual dividend rate for SWBI is 0.52, from 0.51 in the trailing year. Against a Trailing Annual Dividend Yield of 0.053515214The current Payout Ratio is 56.05% for SWBI, which recently paid a dividend on 2025-03-20 with an ex-dividend date of 1742428800. Stock splits for the company last occurred on 2020-08-25 when the company split stock in a 1301:1000 ratio.

Earnings Estimates

A detailed examination of Smith & Wesson Brands Inc (SWBI) is currently in progress, with 2.0 analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is -$0.05, with high estimates of -$0.04 and low estimates of -$0.05.

Analysts are recommending an EPS of between $0.37 and $0.29 for the fiscal current year, implying an average EPS of $0.33. EPS for the following year is $0.46, with 2.0 analysts recommending between $0.46 and $0.45.

Revenue Estimates

A total of 3 analysts believe the company’s revenue will be $152.41M this quarter.It ranges from a high estimate of $154.4M to a low estimate of $151.19M. As of the current estimate, Smith & Wesson Brands Inc’s year-ago sales were $159.15MFor the next quarter, 3 analysts are estimating revenue of $88.5M. There is a high estimate of $89.12M for the next quarter, whereas the lowest estimate is $87.88M.

A total of 3 analysts have provided revenue estimates for SWBI’s current fiscal year. The highest revenue estimate was $488.3M, while the lowest revenue estimate was $485.09M, resulting in an average revenue estimate of $486.3M. In the same quarter a year ago, actual revenue was $535.83MBased on 3 analysts’ estimates, the company’s revenue will be $505.07M in the next fiscal year. The high estimate is $522.9M and the low estimate is $495.29M.

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