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After finishing at $12.42 in the prior trading day, Smith & Wesson Brands Inc (NASDAQ: SWBI) closed at $12.87, up 3.62%. In other words, the price has increased by $3.62 from its previous closing price. On the day, 0.52 million shares were traded. SWBI stock price reached its highest trading level at $12.95 during the session, while it also had its lowest trading level at $12.49.
Ratios:
Our goal is to gain a better understanding of SWBI by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.19 and its Current Ratio is at 3.54. In the meantime, Its Debt-to-Equity ratio is 0.28 whereas as Long-Term Debt/Eq ratio is at 0.28.
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 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 577249088 and an Enterprise Value of 649404864. As of this moment, Smith’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.26, and their Forward P/E ratio for the next fiscal year is 10.21. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.15. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.14 while its Price-to-Book (P/B) ratio in mrq is 1.53. Its current Enterprise Value per Revenue stands at 1.274 whereas that against EBITDA is 8.552.
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 $11.22. The 50-Day Moving Average of the stock is -12.96%, while the 200-Day Moving Average is calculated to be -14.36%.
Shares Statistics:
The stock has traded on average 503.47K shares per day over the past 3-months and 590460 shares per day over the last 10 days, according to various share statistics. A total of 45.56M shares are outstanding, with a floating share count of 44.06M. Insiders hold about 1.76% of the company’s shares, while institutions hold 59.23% stake in the company. Shares short for SWBI as of 1723680000 were 1114501 with a Short Ratio of 2.51, compared to 1721001600 on 1362216. Therefore, it implies a Short% of Shares Outstanding of 1114501 and a Short% of Float of 2.5.
Dividends & Splits
In the trailing 12 months, SWBI’s forward annual dividend rate was 0.49, compared to 0.49 this year. Against a Trailing Annual Dividend Yield of 0.039452497
