Smith & Wesson Brands Inc. (NASDAQ:SWBI) has a beta of 0.86, a 12-month trailing P/E ratio of 13.70, and a growth ratio of 0.91. The stock’s Relative Strength Index (RSI) is 58.10, with weekly volatility at 3.27% and ATR at 0.75. The SWBI stock’s 52-week price range has touched low of $11.94 and a $23.57 high. Its shares traded lower over the last trading session, losing -2.02% on 06/09/21. The shares fell to a low of $21.26 before closing at $21.29. Intraday shares traded counted 0.86 million, which was 45.06% higher than its 30-day average trading volume of 1.56M. SWBI’s previous close was $21.73 while the outstanding shares total 55.14M.
Investors have identified the Aerospace & Defense company Smith & Wesson Brands Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $1.16 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Smith & Wesson Brands Inc. (SWBI) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 223.54 million total, with 116.37 million as their total liabilities.
SWBI were able to record 177.93 million as free cash flow during the 09/02/2021 quarter of the year, this saw their quarterly net cash flow reduce by -65.33 million. In cash movements, the company had a total of 196.31 million as operating cash flow.
Potential earnings growth for Smith & Wesson Brands Inc. (SWBI)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 09/02/2021 quarter of the year, Smith & Wesson Brands Inc. recorded a total of 257.63 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 50.54% coming in sequential stages and their sales for the 09/02/2021 quarter increasing by 3.46%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 147.96 million trying to sell their products during the last quarter, with the result yielding a gross income of 109.68 million. This allows shareholders to hold on to 55.14M with the recently reported earning now reading 1.12 cents per share. This is a figure that compared to analystâ€™s prediction for their 09/02/2021 (1.12 cents a share).
Having a look at the companyâ€™s valuation, the company is expected to record 2.20 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on SWBI sounds very interesting.
Is the stock of SWBI attractive?
In related news, See remarks., Smith Mark Peter bought 1,500 shares of the companyâ€™s stock in a transaction that recorded on Mar 24. The purchase was performed at an average price of 17.00, for a total value of 25,500. As the purchase deal closes, the Director, SCOTT ROBERT L now sold 3,000 shares of the companyâ€™s stock, valued at 56,550. Also, See remarks., Smith Mark Peter bought 1,496 shares of the companyâ€™s stock in a deal that was recorded on Mar 08. The shares were cost at an average price of 16.71 per share, with a total market value of 25,006. Following this completion of disposal, the Director, SCOTT ROBERT L now holds 3,000 shares of the companyâ€™s stock, valued at 55,770. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.10%.
3 out of 6 analysts covering the stock have rated it a Buy, while 3 have maintained a Hold recommendation on Smith & Wesson Brands Inc.. 0 analysts has assigned a Sell rating on the SWBI stock. The 12-month mean consensus price target for the companyâ€™s shares has been set at $23.60.