20-Nov-2024
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Smith & Wesson Brands Inc is a U.S.-based leader in firearm manufacturing. It operates under one reportable segment: Firearms, which includes firearms distribution and manufacturing services. The company manufactures handguns, long guns, sporting rifles, shooting gear, and suppressor products. The firm's brand portfolio consists of Smith and Wesson, M&P, Thompson/Center Arms, Performance Center, and Gemtech; which are used for defense, law enforcement, hunting, and sporting purposes. The company operates internationally, with the majority of income generated by the U.S. market from its handgun products.
Smith & Wesson Brands trades on the NASDAQ stock market under the symbol SWBI.
As of November 20, 2024, SWBI stock price declined to $12.99 with 289,237 million shares trading.
SWBI has a beta of 0.47, meaning it tends to be less sensitive to market movements. SWBI has a correlation of 0.02 to the broad based SPY ETF.
SWBI has a market cap of $582.63 million. This is considered a Small Cap stock.
Last quarter Smith & Wesson Brands reported $88 million in Revenue and -$.02 earnings per share. This fell short of revenue expectation by $-14 million and met earnings estimates .
In the last 3 years, SWBI traded as high as $24.04 and as low as $8.21.
The top ETF exchange traded funds that SWBI belongs to (by Net Assets): VTI, IWM, AVUV, VXF, ITA.
SWBI has underperformed the market in the last year with a price return of -3.6% while the SPY ETF gained +32.5%. SWBI has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -11.2% and -7.3%, respectively, while the SPY returned +5.8% and +2.4%, respectively.
SWBI support price is $12.93 and resistance is $13.47 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SWBI shares will trade within this expected range on the day.