A new trading day began on Friday, with Smith & Wesson Brands Inc (NASDAQ: SWBI) stock price up 6.46% from the previous day of trading, before settling in for the closing price of $8.21. SWBI’s price has ranged from $7.73 to $14.40 over the past 52 weeks.
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Meanwhile, its annual earnings per share averaged -15.56%. With a float of $43.10 million, this company’s outstanding shares have now reached $44.31 million.
Smith & Wesson Brands Inc (SWBI) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Aerospace & Defense Industry. The insider ownership of Smith & Wesson Brands Inc is 2.30%, while institutional ownership is 53.80%.
Smith & Wesson Brands Inc (SWBI) Latest Financial update
In its latest quarterly report, released on 10/31/2024, the company reported earnings of 0.11 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.03 per share during the current fiscal year.
Smith & Wesson Brands Inc (NASDAQ: SWBI) Trading Performance Indicators
Here are Smith & Wesson Brands Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.37. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.82.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.27, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.45 in one year’s time.
Technical Analysis of Smith & Wesson Brands Inc (SWBI)
The latest stats from [Smith & Wesson Brands Inc, SWBI] show that its last 5-days average volume of 1.25 million was superior to 0.64 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 62.46%.
During the past 100 days, Smith & Wesson Brands Inc’s (SWBI) raw stochastic average was set at 31.56%, which indicates a significant decrease from 70.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.23 in the past 14 days, which was higher than the 0.23 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.24, while its 200-day Moving Average is $9.80. Now, the first resistance to watch is $9.22. This is followed by the second major resistance level at $9.69. The third major resistance level sits at $10.28. If the price goes on to break the first support level at $8.16, it is likely to go to the next support level at $7.57. The third support level lies at $7.10 if the price breaches the second support level.
Smith & Wesson Brands Inc (NASDAQ: SWBI) Key Stats
With a market capitalization of 387.55 million, the company has a total of 44,003K Shares Outstanding. Currently, annual sales are 474,660 K while annual income is 13,430 K. The company’s previous quarter sales were 140,760 K while its latest quarter income was 9,730 K.
