In the past week, SWBI stock has gone down by -14.92%, with a monthly decline of -12.28% and a quarterly plunge of -20.74%. The volatility ratio for the week is 2.20%, and the volatility levels for the last 30 days are 2.00% for Smith & Wesson Brands Inc The simple moving average for the past 20 days is -13.84% for SWBI’s stock, with a -15.36% simple moving average for the past 200 days.
Is It Worth Investing in Smith & Wesson Brands Inc (NASDAQ: SWBI) Right Now?
Smith & Wesson Brands Inc (NASDAQ: SWBI) has a price-to-earnings ratio that is above its average at 17.09x. The stock has a 36-month beta value of 1.03. Opinions on the stock are mixed, with 3 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for SWBI is 44.30M, and at present, short sellers hold a 2.52% of that float. On September 06, 2024, the average trading volume of SWBI was 460.73K shares.
SWBI) stock’s latest price update
The stock price of Smith & Wesson Brands Inc (NASDAQ: SWBI) has dropped by -10.18 compared to previous close of 14.19. Despite this, the company has seen a fall of -14.92% in its stock price over the last five trading days. benzinga.com reported 2024-09-06 that U.S. stock futures were lower this morning, with the Nasdaq futures dipping around 1% on Friday.
Analysts’ Opinion of SWBI
Many brokerage firms have already submitted their reports for SWBI stocks, with Craig Hallum repeating the rating for SWBI by listing it as a “Buy.” The predicted price for SWBI in the upcoming period, according to Craig Hallum is $18 based on the research report published on March 08, 2024 of the current year 2024.
Lake Street, on the other hand, stated in their research note that they expect to see SWBI reach a price target of $13.50, previously predicting the price at $22. The rating they have provided for SWBI stocks is “Buy” according to the report published on December 07th, 2022.
Cowen gave a rating of “Market Perform” to SWBI, setting the target price at $22 in the report published on December 03rd of the previous year.
SWBI Trading at -14.76% 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 -29.39% of loss for the given period.
Volatility was left at 2.00%, however, over the last 30 days, the volatility rate increased by 2.20%, as shares sank -14.37% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -13.50% lower at present.
During the last 5 trading sessions, SWBI fell by -14.89%, which changed the moving average for the period of 200-days by -8.86% in comparison to the 20-day moving average, which settled at $14.69. In addition, Smith & Wesson Brands Inc saw -6.01% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SWBI starting from SCOTT ROBERT L, who sale 2,000 shares at the price of $16.07 back on Jul 29 ’24. After this action, SCOTT ROBERT L now owns 67,569 shares of Smith & Wesson Brands Inc, valued at $32,140 using the latest closing price.
ROBERT L SCOTT, the Director of Smith & Wesson Brands Inc, proposed sale 2,000 shares at $16.07 during a trade that took place back on Jul 29 ’24, which means that ROBERT L SCOTT is holding shares at $32,140 based on the most recent closing price.
Stock Fundamentals for SWBI
Current profitability levels for the company are sitting at:
- 0.08 for the present operating margin
- 0.3 for the gross margin
The net margin for Smith & Wesson Brands Inc stands at 0.07. The total capital return value is set at 0.08. Equity return is now at value 9.04, with 6.20 for asset returns.
Currently, EBITDA for the company is 83.0 million with net debt to EBITDA at -0.57. When we switch over and look at the enterprise to sales, we see a ratio of 1.06. The receivables turnover for the company is 10.68for trailing twelve months and the total asset turnover is 0.89. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.54.
Conclusion
To sum up, Smith & Wesson Brands Inc (SWBI) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
