Smith & Wesson Brands Inc (NASDAQ: SWBI) is -46.85% lower on its value in year-to-date trading and has touched a low of $8.38 and a high of $16.85 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SWBI stock was last observed hovering at around $8.73 in the last trading session, with the day’s gains setting it 538.95%.
Currently trading at $547.68K, the stock is -12.17% and -9.70% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.4 million and changing 2398481% at the moment leaves the stock -21.49% off its SMA200. SWBI registered -14.05% loss for a year compared to 6-month loss of -20.97%. The firm has a 50-day simple moving average (SMA 50) of $9.618 and a 200-day simple moving average (SMA200) of $11.06245.
The stock witnessed a -8.68% gain in the last 1 month and extending the period to 3 months gives it a -8.68%, and is -17.36% 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 11.50% over the week and 5.41% over the month.
Smith & Wesson Brands Inc (SWBI) has around 1416 employees, a market worth around $383.11M and $473.00M in sales. Current P/E ratio is 28.79. Profit margin for the company is 2.84%. Distance from 52-week low is 3.70% and -48.46% from its 52-week high. The company has generated returns on investments over the last 12 months (2.76%).
The EPS is expected to shrink by -87.88% this year.
Smith & Wesson Brands Inc (SWBI) Top Institutional Holders
241.0 institutions hold shares in Smith & Wesson Brands Inc (SWBI), with institutional investors hold 55.68% of the company’s shares. The shares outstanding are 44.11M, and float is at 42.97M with Short Float at 5.17%. Institutions hold 54.71% 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 9.2768% 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 7.7337 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 3.0 million shares representing 6.6273% and valued at over $43.07 million, while RENAISSANCE TECHNOLOGIES LLC holds 6.1738 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’sDirector. 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).
