Smith & Wesson Brands Inc (NASDAQ: SWBI) is -38.26% 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 $8.64 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $8.65, the stock is -6.80% and -8.60% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.04 million and changing 0.12% at the moment leaves the stock -19.88% off its SMA200. SWBI registered -14.40% loss for a year compared to 6-month gain of -15.61%. The firm has a 50-day simple moving average (SMA 50) of $9.4642 and a 200-day simple moving average (SMA200) of $10.7967.
The stock witnessed a -15.94% loss in the last 1 month and extending the period to 3 months gives it a 2.00%, and is -3.24% 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 2.12% over the week and 3.07% over the month.
Smith & Wesson Brands Inc (SWBI) has around 1416 employees, a market worth around $381.56M and $473.00M in sales. Current P/E ratio is 28.67. Profit margin for the company is 2.84%. Distance from 52-week low is 3.28% and -48.66% 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 -54.55% this year
239.0 institutions hold shares in Smith & Wesson Brands Inc (SWBI), with institutional investors hold 55.42% of the company’s shares. The shares outstanding are 44.11M, and float is at 42.97M with Short Float at 5.83%. Institutions hold 54.46% 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’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.
