In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Smith & Wesson Brands Inc (NASDAQ: SWBI) closed at $9.85 down -1.89% from its previous closing price of $10.04. In other words, the price has decreased by -$1.89 from its previous closing price. On the day, 0.73 million shares were traded. SWBI stock price reached its highest trading level at $10.09 during the session, while it also had its lowest trading level at $9.84.
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 1.43 and its Current Ratio is at 3.97. In the meantime, Its Debt-to-Equity ratio is 0.37 whereas as Long-Term Debt/Eq ratio is at 0.36.
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, Lake Street on December 06, 2024, Downgraded its rating to Hold and sets its target price to $13 from $18 previously.
On December 06, 2024, Craig Hallum Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $18 to $13.
Craig Hallum Upgraded its Hold to Buy on March 08, 2024, whereas the target price for the stock was revised from $14 to $18.
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 433426624 and an Enterprise Value of 683492608. As of this moment, Smith’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.57, and their Forward P/E ratio for the next fiscal year is 15.89. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.84. 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 1.18. Its current Enterprise Value per Revenue stands at 1.34 whereas that against EBITDA is 9.001.
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 $10.01. The 50-Day Moving Average of the stock is -22.53%, while the 200-Day Moving Average is calculated to be -33.38%.
Shares Statistics:
For the past three months, SWBI has traded an average of 586.94K shares per day and 1070050 over the past ten days. A total of 44.22M shares are outstanding, with a floating share count of 43.10M. Insiders hold about 2.05% of the company’s shares, while institutions hold 62.94% stake in the company. Shares short for SWBI as of 1731628800 were 1668919 with a Short Ratio of 2.80, compared to 1728950400 on 1501983. Therefore, it implies a Short% of Shares Outstanding of 1668919 and a Short% of Float of 3.7600000000000002.
