Smith & Wesson Brands Inc. (NASDAQ:SWBI) went down by -5.70% from its latest closing price compared to the recent 1-year high of $24.26. The company’s stock price has collected -16.06% of loss in the last five trading sessions. Barron’s reported on 03/04/22 that Smith & Wesson Stock Slumps as Gun Demand Cools
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 3.96 x from its present earnings ratio. Plus, the 36-month beta value for SWBI is at 0.95. Opinions of the stock are interesting as 2 analysts out of 3 who provided ratings for Smith & Wesson Brands Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $19.67, which is $9.58 above the current price. SWBI currently public float of 45.00M and currently shorts hold a 9.17% ratio of that float. Today, the average trading volume of SWBI was 1.05M shares.
SWBI’s Market Performance
SWBI stocks went down by -16.06% for the week, with a monthly drop of -29.19% and a quarterly performance of -22.98%, while its annual performance rate touched -51.91%. The volatility ratio for the week stands at 4.15% while the volatility levels for the past 30 days are set at 3.74% for Smith & Wesson Brands Inc. The simple moving average for the period of the last 20 days is -21.66% for SWBI stocks with a simple moving average of -33.99% 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 “Market Perform.” The predicted price for SWBI in the upcoming period, according to Cowen is $22 based on the research report published on December 03rd of the previous year 2021.
Craig Hallum, on the other hand, stated in their research note that they expect to see SWBI reach a price target of $25, previously predicting the price at $22. The rating they have provided for SWBI stocks is “Hold” according to the report published on September 02nd, 2021.
Cowen gave a rating of “Outperform” to SWBI, setting the target price at $30.50 in the report published on June 18th of the previous year.
SWBI Trading at -26.08% 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 unable to rebound, for now settling with -58.41% of loss for the given period.
Volatility was left at 3.74%, however, over the last 30 days, the volatility rate increased by 4.15%, as shares sank -28.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -24.02% lower at present.
During the last 5 trading sessions, SWBI fell by -16.06%, which changed the moving average for the period of 200-days by -38.21% in comparison to the 20-day moving average, which settled at $12.67. In addition, Smith & Wesson Brands Inc. saw -43.31% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at SWBI starting from SCOTT ROBERT L, who sale 2,500 shares at the price of $11.95 back on Sep 15. After this action, SCOTT ROBERT L now owns 93,573 shares of Smith & Wesson Brands Inc., valued at $29,875 using the latest closing price.
SCOTT ROBERT L, the Director of Smith & Wesson Brands Inc., sale 2,000 shares at $14.80 during a trade that took place back on Aug 15, which means that SCOTT ROBERT L is holding 88,002 shares at $29,600 based on the most recent closing price.
Stock Fundamentals for SWBI
Current profitability levels for the company are sitting at:
- +30.30 for the present operating margin
- +42.80 for the gross margin
The net margin for Smith & Wesson Brands Inc. stands at +22.51. Equity return is now at value 34.70, with 24.30 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 3.68.