Smith & Wesson Brands Inc (NASDAQ: SWBI) is 0.52% higher on its value in year-to-date trading and has touched a low of $11.96 and a high of $18.05 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SWBI stock was last observed hovering at around $14.10 in the last trading session, with the day’s loss setting it -0.47%.
Currently trading at $13.63, the stock is 1.79% and 3.07% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.73 million and changing -3.33% at the moment leaves the stock -8.93% off its SMA200. SWBI registered -3.40% loss for a year compared to 6-month loss of -15.24%. The firm has a 50-day simple moving average (SMA 50) of $13.2106 and a 200-day simple moving average (SMA200) of $14.96775.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -2.75% gain in the last 1 month and extending the period to 3 months gives it a 6.07%, and is -0.51% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.23% over the week and 3.13% over the month.
Smith & Wesson Brands Inc (SWBI) has around 1509 employees, a market worth around $611.34M and $508.26M in sales. Current P/E ratio is 18.28 and Fwd P/E is 10.82. Profit margin for the company is 6.76%. Distance from 52-week low is 13.96% and -24.49% from its 52-week high. The company has generated returns on investments over the last 12 months (7.11%).
The EPS is expected to grow by 13.59% this year
260.0 institutions hold shares in Smith & Wesson Brands Inc (SWBI), with institutional investors hold 61.75% of the company’s shares. The shares outstanding are 44.85M, and float is at 43.93M with Short Float at 3.80%. Institutions hold 60.96% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 4.2 million shares valued at $60.29 million. The investor’s holdings represent 9.2314 of the SWBI Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 3.5 million shares valued at $50.26 million to account for 7.6958 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 3.0 million shares representing 6.5949 and valued at over $43.07 million, while RENAISSANCE TECHNOLOGIES LLC holds 6.1435 of the shares totaling 2.8 million with a market value of $40.12 million.
Smith & Wesson Brands Inc (SWBI) Insider Activity
The most recent transaction is an insider sale by SCOTT ROBERT L, the company’s Director. SEC filings show that SCOTT ROBERT L sold 2,000 shares of the company’s common stock on Jul 29 ’24 at a price of $16.07 per share for a total of $32140.0. Following the sale, the insider now owns 67569.0 shares.
Still, SEC filings show that on Jun 28 ’24, SCOTT ROBERT L (Director) disposed off 2,000 shares at an average price of $14.80 for $29600.0. The insider now directly holds 69,569 shares of Smith & Wesson Brands Inc (SWBI).
