Smith & Wesson Brands (SWBI) Stock Price, News & Analysis

Company Overview

Smith & Wesson Brands, Inc. designs, manufactures, and sells firearms worldwide. The company offers handguns, including revolvers and pistols; long guns, such as modern sporting rifles, bolt action rifles; handcuffs; suppressors; and other firearm-related products under the Smith & Wesson, M&P, and Gemtech brands. It also provides manufacturing services comprising forging, heat treating, rapid prototyping, tooling, finishing, plating, machining, and custom plastic injection molding to other businesses under the Smith & Wesson and Smith & Wesson Precision Components brand names; and sells parts purchased through third parties. The company sells its products to firearm enthusiasts, collectors, hunters, sportsmen, competitive shooters, individuals desiring home and personal protection, law enforcement, security agencies and officers, and military agencies. It markets its products through independent dealers, retailers, in-store retails, and direct to consumers; print, broadcast, and digital advertising campaigns; social and electronic media; and in-store retail merchandising strategies. Smith & Wesson Brands, Inc. was founded in 1852 and is based in Springfield, Massachusetts.

Key Stats

• Today's Range: $12.87 to $13.23
• 50-Day Range: $12.74 to $14.02
• 52-Week Range: $11.96 to $18.05
• Volume: 345,504 shs
• Average Volume: 404,890 shs
• Market Capitalization: $591.26 million
• P/E Ratio: 17.81
• Dividend Yield: 3.94%
• Price Target: $18.00
• Consensus Rating: Buy

Smith & Wesson Brands Stock Analysis - MarketRank™

Smith & Wesson Brands scored higher than 80% of companies evaluated by MarketBeat, and ranked 102nd out of 290 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Smith & Wesson Brands has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Smith & Wesson Brands has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Smith & Wesson Brands is 17.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.21.

Price to Earnings Ratio vs. Sector

The P/E ratio of Smith & Wesson Brands is 17.81, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 19.40.

Price to Book Value per Share Ratio

Smith & Wesson Brands has a P/B Ratio of 1.53. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.55% of the float of Smith & Wesson Brands has been sold short.

Short Interest Ratio / Days to Cover

Smith & Wesson Brands has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Smith & Wesson Brands has recently increased by 4.00%, indicating that investor sentiment is decreasing.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Smith & Wesson Brands is a leading dividend payer. It pays a dividend yield of 3.94%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Smith & Wesson Brands does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Smith & Wesson Brands is 70.27%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -2.97

Percentage of Shares Shorted

3.55% of the float of Smith & Wesson Brands has been sold short.

Short Interest Ratio / Days to Cover

Smith & Wesson Brands has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Smith & Wesson Brands has recently increased by 4.00%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: N/A

News Sentiment

Smith & Wesson Brands has a news sentiment score of 0.57. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.67 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Smith & Wesson Brands this week, compared to 2 articles on an average week.

Search Interest

Only 4 people have searched for SWBI on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

4 people have added Smith & Wesson Brands to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Smith & Wesson Brands insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.28% of the stock of Smith & Wesson Brands is held by insiders.

Percentage Held by Institutions

59.33% of the stock of Smith & Wesson Brands is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SWBI Stock Analysis - Frequently Asked Questions

How have SWBI shares performed this year?

Smith & Wesson Brands' stock was trading at $13.56 at the start of the year. Since then, SWBI stock has decreased by 2.8% and is now trading at $13.1830.
View the best growth stocks for 2024 here.

How were Smith & Wesson Brands' earnings last quarter?

Smith & Wesson Brands, Inc. (NASDAQ:SWBI) announced its quarterly earnings data on Thursday, September, 5th. The company reported ($0.02) earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of ($0.02). The business's quarterly revenue was down 22.7% compared to the same quarter last year.

Who are Smith & Wesson Brands' major shareholders?

Top institutional investors of Smith & Wesson Brands include Geode Capital Management LLC (2.38%), State Street Corp (2.11%), Charles Schwab Investment Management Inc. (1.55%) and PEAK6 Investments LLC. Insiders that own company stock include Deana L Mcpherson, Robert L Scott, John B Furman, Mark Peter Smith and Fred M Diaz.
View institutional ownership trends.

How do I buy shares of Smith & Wesson Brands?

Shares of SWBI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Smith & Wesson Brands own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Smith & Wesson Brands investors own include American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), Voyager Therapeutics (VYGR), DiamondRock Hospitality (DRH), AUO (AUOTY) and Humana (HUM).

Company Calendar

• Last Earnings: 9/05/2024
• Ex-Dividend for 10/3 Dividend: 9/19/2024
• Dividend Payable: 10/03/2024
• Today: 11/21/2024
• Next Earnings (Estimated): 12/05/2024
• Fiscal Year End: 4/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: Ordnance & accessories, except vehicles & guided missiles
• Sub-Industry: Defense
• Current Symbol: NASDAQ:SWBI
• CUSIP: N/A
• CIK: 1092796
• Web: www.smith-wesson.com
• Phone: (800) 331-0852
• Fax: 413-731-8980
• Employees: 1,509
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $18.00
• High Stock Price Target: $18.00
• Low Stock Price Target: $18.00
• Potential Upside/Downside: +36.5%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.74
• Trailing P/E Ratio: 17.81
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $39.61 million
• Net Margins: 6.74%
• Pretax Margin: 8.28%
• Return on Equity: 9.20%
• Return on Assets: 6.12%

Debt

• Debt-to-Equity Ratio: 0.28
• Current Ratio: 3.54
• Quick Ratio: 1.19

Sales & Book Value

• Annual Sales: $535.83 million
• Price / Sales: 1.10
• Cash Flow: $1.63 per share
• Price / Cash Flow: 8.09
• Book Value: $8.64 per share
• Price / Book: 1.53

Miscellaneous

• Outstanding Shares: 44,850,000
• Free Float: 44,278,000
• Market Cap: $591.26 million
• Optionable: Optionable
• Beta: 1.00