Smith & Wesson Brands Inc. [NASDAQ: SWBI] jumped around 4.33 points on Monday, while shares priced at $27.68 at the close of the session, up 18.54%. The company report on June 18, 2021 that Smith & Wesson Brands, Inc. Reports Fourth Quarter and Full Year Fiscal 2021 Financial Results.
– Annual Net Sales of $1.1 Billion; Net Income of $243.6 Million.
– Annual EPS of $4.40/Share (GAAP).
Smith & Wesson Brands Inc. stock is now 55.94% up from its year-to-date (YTD) trading value. SWBI Stock saw the intraday high of $28.18 and lowest of $23.445 per share. The company’s 52-week high price is 23.62, which means current price is +90.90% above from all time high which was touched on 06/21/21.
Compared to the average trading volume of 1.80M shares, SWBI reached a trading volume of 27222219 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Smith & Wesson Brands Inc. [SWBI]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SWBI shares is $23.60 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SWBI stock is a recommendation set at 2.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Cowen have made an estimate for Smith & Wesson Brands Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on June 18, 2021. The new note on the price target was released on March 05, 2021, representing the official price target for Smith & Wesson Brands Inc. stock. Previously, the target price had yet another raise to $23, while Aegis Capital analysts kept a Buy rating on SWBI stock.
The Average True Range (ATR) for Smith & Wesson Brands Inc. is set at 1.18, with the Price to Sales ratio for SWBI stock in the period of the last 12 months amounting to 1.30. The Price to Book ratio for the last quarter was 5.40, with the Price to Cash per share for the same quarter was set at 2.49. Price to Free Cash Flow for SWBI in the course of the last twelve months was 4.37 with Quick ratio for the last quarter at 1.50.
How has SWBI stock performed recently?
Smith & Wesson Brands Inc. [SWBI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 33.20. With this latest performance, SWBI shares gained by 41.30% in over the last four-week period, additionally plugging by 62.06% over the last 6 months – not to mention a rise of 103.61% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SWBI stock in for the last two-week period is set at 78.69, with the RSI for the last a single of trading hit 82.95, and the three-weeks RSI is set at 75.20 for Smith & Wesson Brands Inc. [SWBI]. The present Moving Average for the last 50 days of trading for this stock 19.90, while it was recorded at 22.40 for the last single week of trading, and 17.91 for the last 200 days.
Smith & Wesson Brands Inc. [SWBI]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Smith & Wesson Brands Inc. [SWBI] shares currently have an operating margin of +8.52 and a Gross Margin at +30.59. Smith & Wesson Brands Inc.’s Net Margin is presently recorded at -9.03.
Return on Total Capital for SWBI is now 9.30, given the latest momentum, and Return on Invested Capital for the company is -9.93. Return on Equity for this stock declined to -14.73, with Return on Assets sitting at -8.19. When it comes to the capital structure of this company, Smith & Wesson Brands Inc. [SWBI] has a Total Debt to Total Equity ratio set at 54.30. Additionally, SWBI Total Debt to Total Capital is recorded at 35.19, with Total Debt to Total Assets ending up at 28.83. Long-Term Debt to Equity for the company is recorded at 53.35, with the Long-Term Debt to Total Capital now at 34.58.
Reflecting on the efficiency of the workforce at the company, Smith & Wesson Brands Inc. [SWBI] managed to generate an average of -$31,081 per employee. Receivables Turnover for the company is 7.44 with a Total Asset Turnover recorded at a value of 0.91.Smith & Wesson Brands Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.50 and a Current Ratio set at 2.10.
Earnings analysis for Smith & Wesson Brands Inc. [SWBI]
With the latest financial reports released by the company, Smith & Wesson Brands Inc. posted 0.84/share EPS, while the average EPS was predicted by analysts to be reported at 0.48/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 75.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SWBI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Smith & Wesson Brands Inc. go to 15.00%.
Insider trade positions for Smith & Wesson Brands Inc. [SWBI]
There are presently around $708 million, or 58.00% of SWBI stock, in the hands of institutional investors. The top three institutional holders of SWBI stocks are: BLACKROCK INC. with ownership of 4,808,469, which is approximately 1.684% of the company’s market cap and around 1.10% of the total institutional ownership; VANGUARD GROUP INC, holding 3,748,633 shares of the stock with an approximate value of $87.53 million in SWBI stocks shares; and RENAISSANCE TECHNOLOGIES LLC, currently with $86.75 million in SWBI stock with ownership of nearly -12.346% of the company’s market capitalization.
Positions in Smith & Wesson Brands Inc. stocks held by institutional investors increased at the end of June and at the time of the June reporting period, where 108 institutional holders increased their position in Smith & Wesson Brands Inc. [NASDAQ:SWBI] by around 3,180,709 shares. Additionally, 104 investors decreased positions by around 8,772,379 shares, while 49 investors held positions by with 18,371,508 shares. The mentioned changes placed institutional holdings at 30,324,596 shares, according to the latest SEC report filing. SWBI stock had 44 new institutional investments in for a total of 1,200,774 shares, while 45 institutional investors sold positions of 1,497,479 shares during the same period.