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Wednesday, February 1, 2023

Smith & Wesson Brands Inc. (SWBI) Is Not Likely To Be The Same Tomorrow

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Smith & Wesson Brands Inc. (SWBI) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.04, or 0.40%, to $10.10. The Smith & Wesson Brands Inc. has recorded 16,692 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Smith & Wesson Brands, Inc. Reports Second Quarter Fiscal 2023 Financial Results.


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Stocks Info

Smith & Wesson Brands Inc. is listed on the NASDAQ in the Industrials sector while operating in the Aerospace & Defense industry. At the end of the last regular session, the stock closed at $10.06 and fluctuated between $10.11 as its day high and $9.94 as its day low. The current market capitalization of Smith & Wesson Brands Inc. is $447.57M. A total of 0.78 million shares were traded on the day, compared to an average of 713.70K shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, SWBI has seen 0 BUY and 3 SELL insider trades, representing the acquisition of 0 and the disposition of 7,691 shares. Over the last 12 months, there were 14 BUYs and 20 SELLs from insiders. Insiders purchased 199,960 shares during that period but sold 32,843.

In the most recent transaction, SCOTT ROBERT L sold 4,000 shares of SWBI for 8.87 per share on Dec 15. After the transaction, the Director now owns 83,073 company shares. In a previous transaction on Nov 15, SCOTT ROBERT L sold 3,500 shares at 11.83 per share. SWBI shares that Director owns now total 87,073.

Among the insiders who sold shares, SCOTT ROBERT L disposed of 3,000 shares on Oct 17 at a per-share price of $10.49. This resulted in the Director holding 90,573 shares of SWBI after the transaction. In another insider transaction, SCOTT ROBERT L sold 2,500 shares at $11.95 per share on Sep 15. Company shares held by the Director now total 93,573.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Smith & Wesson Brands Inc. pays an annual dividend of $0.40, resulting in a dividend yield of 3.98%, and it has a price to earnings (P/E) ratio of 5.87. SWBI’s most recent ex-dividend date was 12/19/2022 when it declared a $0.10 quarterly dividend that was paid in cash on 1/3/2023. Previously, the company paid the dividend on 10/6/2022 with an ex-dividend date of 9/21/2022. The SWBI stock dividend was $0.10 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for SWBI in the last 3 months, the mean price target is $15.17 with high estimates of $20.00 and low estimates of $12.00. In terms of 52-week highs and lows, SWBI has a high of $18.25 and a low of $8.20.

As of this writing, SWBI has an earnings estimate of $0.4 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of $0.47 per share and a lower estimate of $0.35. The company reported an EPS of $0.82 in the last quarter, which was 18.80% higher than expectations of $0.69.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 3 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SWBI is Buy with a score of 5.00. A total of 2 analysts rated the stock as Buy while 0 rated it as Overweight while 1 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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