Smith & Wesson Brands Inc. (NASDAQ:SWBI) went up by 4.26% from its latest closing price compared to the recent 1-year high of $28.18. The company’s stock price has collected 40.71% of gains in the last five trading sessions. Barron’s reported on 06/18/21 that Smith & Wesson Stock Soars 17% on Earnings Beat
Is It Worth Investing in Smith & Wesson Brands Inc. (NASDAQ :SWBI) Right Now?
Smith & Wesson Brands Inc. (NASDAQ:SWBI) scored a price-to-earnings ratio above its average ratio, recording 18.57 x from its present earnings ratio. Plus, the 36-month beta value for SWBI is at 0.87. Opinions of the stock are interesting as 3 analysts out of 6 who provided ratings for Smith & Wesson Brands Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 3 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $29.90, which is -$5.26 below the current price. SWBI currently public float of 51.68M and currently shorts hold a 9.71% ratio of that float. Today, the average trading volume of SWBI was 2.21M shares.
SWBI’s Market Performance
SWBI stocks went up by 40.71% for the week, with a monthly jump of 43.87% and a quarterly performance of 60.87%, while its annual performance rate touched 103.39%. The volatility ratio for the week stands at 10.12% while the volatility levels for the past 30 days are set at 4.89% for Smith & Wesson Brands Inc.. The simple moving average for the period of the last 20 days is 34.45% for SWBI stocks with a simple moving average of 61.12% for the last 200 days.
Analysts’ Opinion of SWBI
Many brokerage firms have already submitted their reports for SWBI stocks, with Cowen repeating the rating for SWBI by listing it as a “Outperform.” The predicted price for SWBI in the upcoming period, according to Cowen is $30.50 based on the research report published on June 18th of the current year 2021.
Craig Hallum, on the other hand, stated in their research note that they expect to see SWBI reach a price target of $17. The rating they have provided for SWBI stocks is “Hold” according to the report published on March 05th, 2021.
Aegis Capital gave a rating of “Buy” to SWBI, setting the target price at $23 in the report published on September 24th of the previous year.
SWBI Trading at 45.05% from the 50-Day Moving Average
After a stumble in the market that brought SWBI to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 2.41% of gains for the given period.
Volatility was left at 4.89%, however, over the last 30 days, the volatility rate increased by 10.12%, as shares surge +45.54% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +52.62% upper at present.
During the last 5 trading sessions, SWBI rose by +40.71%, which changed the moving average for the period of 200-days by +53.35% in comparison to the 20-day moving average, which settled at $21.92. In addition, Smith & Wesson Brands Inc. saw 62.59% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at SWBI starting from MONHEIT BARRY M, who sale 10,000 shares at the price of $27.65 back on Jun 21. After this action, MONHEIT BARRY M now owns 64,663 shares of Smith & Wesson Brands Inc., valued at $276,503 using the latest closing price.
McPherson Deana L, the See Remarks of Smith & Wesson Brands Inc., sale 5,102 shares at $25.00 during a trade that took place back on Jun 21, which means that McPherson Deana L is holding 64,360 shares at $127,550 based on the most recent closing price.
Stock Fundamentals for SWBI
Current profitability levels for the company are sitting at:
- +8.52 for the present operating margin
- +30.59 for the gross margin
The net margin for Smith & Wesson Brands Inc. stands at -9.03. The total capital return value is set at 9.30, while invested capital returns managed to touch -9.93. Equity return is now at value 86.30, with 52.70 for asset returns.
Based on Smith & Wesson Brands Inc. (SWBI), the company’s capital structure generated 54.30 points at debt to equity in total, while total debt to capital is 35.19. Total debt to assets is 28.83, with long-term debt to equity ratio resting at 53.35. Finally, the long-term debt to capital ratio is 34.58.
When we switch over and look at the enterprise to sales, we see a ratio of 0.89, with the company’s debt to enterprise value settled at 0.35. The receivables turnover for the company is 7.44 and the total asset turnover is 0.91. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.05.