What's happening with Smith&Wesson Brands stock?
Shares of Smith & Wesson Brands (NASDAQ: SWBI) are up by 12.4% compared to where they closed last Friday, according to data from S&P Global Market Intelligence, recovering somewhat from the sell-off that followed the release of its lackluster fiscal second-quarter earnings report.
What are the different Smith and Wesson brands?
The firm's brands are Smith & Wesson, M&P, Thompson/Center Arms, and Gemtech. The company was founded by Horace Smith and Daniel Baird Wesson in 1852 and is headquartered in Springfield, MA.
Is Smith & Wesson a good investment?
Smith & Wesson ( NASDAQ: SWBI) is one of the most recognized brands in the world, allowing the company to compete effectively as part of an oligopoly of gun manufacturers. The proof is in the financials, as while there is some cyclicality in revenues, the gun manufacturers generally generate excellent average returns on capital through the cycle.
Is Smith&Wesson (SWBI) stock headed to $22 on Friday?
The stock is downgraded by Cowen to Market Perform from Outperform and the price target slashed to $22 from $38. Smith & Wesson (NASDAQ:SWBI) stock is feeling the heat on Friday following the release of its fiscal second-quarter 2022 earnings report.
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Is Smith & Wesson stock a good buy?
Smith & Wesson Brands has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.
Is Smith & Wesson publicly traded?
On June 1, 2020, in preparation for the spin-off of its outdoor products and accessories business as an independent, publicly traded company later in the year, the corporation's name was changed to Smith & Wesson Brands, Inc. and its ticker symbol on the Nasdaq became SWBI.
Who owns S&W stock?
Top 10 Owners of Smith & Wesson Brands IncStockholderStakeShares ownedBlackRock Fund Advisors7.53%3,446,308The Vanguard Group, Inc.7.42%3,395,973Renaissance Technologies LLC5.95%2,721,377Dimensional Fund Advisors LP4.26%1,947,3506 more rows
How much is Smith and Wesson company worth?
Smith & WessonTypePublicRevenueUS$1.1 billion (2021)Operating incomeUS$319.632 million (2021)Net incomeUS$243.6 million (2021)Total assetsUS$446.388 million (2021)11 more rows
Why is Smith and Wesson stock dropping?
Shares of Smith & Wesson Brands fell over 12% Friday, capping a weekly loss of 8% as demand for its guns has cooled significantly since the height of the coronavirus pandemic. Smith & Wesson Brands generated $177.7 million in net sales during its third quarter of fiscal 2022.
Does SWBI pay a dividend?
SWBI pays a dividend of $0.1 per share. SWBI's annual dividend yield is 2.39%. When is Smith & Wesson Brands ex-dividend date? Smith & Wesson Brands's upcoming ex-dividend date is on Jul 05, 2022.
Who bought out Smith and Wesson?
On May 11, 2001, Saf-T-Hammer Corporation acquired Smith & Wesson Corporation from Tomkins plc for US$15 million. Saf-T-Hammer assumed US$30 million in debt, bringing the total purchase price to US$45 million.
Which is better Glock or Smith and Wesson?
So when you're comparing the slide locks side by side, the Smith and Wesson M&P looks to be slightly better designed than the Glock, and it looks a little bit better. But in my opinion, it's a little bit harder to manipulate than the one on the Glock. They're very close though, the Glock beats it by about 10%.
Is Springfield and Smith and Wesson the same company?
New companies Smith & Wesson Brands Inc., based in Springfield, will encompass the firearms business, and American Outdoor Brands Inc. will include the outdoor products and accessories businesses, which sell everything from pocketknives to saws and gun cleaning supplies.
Why is Smith and Wesson stock so cheap?
Share prices crashed back down. For example, shares of Smith & Wesson are down 60% from their highs, as dealers work through elevated inventories, causing Smith & Wesson sales to be down some 32% year-over-year in its most recent quarter.
Is Smith and Wesson stock undervalued?
Summary. Smith & Wesson appears to be very undervalued compared to the broader equity market. 2020-2021's impressive performance allowed management to change the company's financial structure for the better.
Is Smith and Wesson made in USA?
Smith & Wesson will keep some of its manufacturing operations in Springfield, Massachusetts , including all forging, machining, metal finishing, and assembly of revolvers, and will continue to have over 1,000 employees in the state.
Should I buy or sell Smith & Wesson Brands stock right now?
3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Smith & Wesson Brands in the last year. There are currently 2 hol...
What is Smith & Wesson Brands' stock price forecast for 2022?
3 equities research analysts have issued twelve-month price targets for Smith & Wesson Brands' stock. Their forecasts range from $22.00 to $38.00....
How has Smith & Wesson Brands' stock price performed in 2022?
Smith & Wesson Brands' stock was trading at $17.80 at the beginning of the year. Since then, SWBI shares have decreased by 14.2% and is now trading...
When is Smith & Wesson Brands' next earnings date?
Smith & Wesson Brands is scheduled to release its next quarterly earnings announcement on Thursday, June 23rd 2022. View our earnings forecast for...
How can I listen to Smith & Wesson Brands' earnings call?
Smith & Wesson Brands will be holding an earnings conference call on Thursday, June 23rd at 5:00 PM Eastern. Interested parties can register for or...
How were Smith & Wesson Brands' earnings last quarter?
Smith & Wesson Brands, Inc. (NASDAQ:SWBI) announced its quarterly earnings results on Thursday, December, 2nd. The company reported $1.13 earnings...
How often does Smith & Wesson Brands pay dividends? What is the dividend yield for Smith & Wesson Brands?
Smith & Wesson Brands announced a quarterly dividend on Thursday, March 3rd. Investors of record on Thursday, March 17th will be given a dividend o...
Is Smith & Wesson Brands a good dividend stock?
Smith & Wesson Brands(NASDAQ:SWBI) pays an annual dividend of $0.32 per share and currently has a dividend yield of 2.09%. Smith & Wesson Brands do...
Who are Smith & Wesson Brands' key executives?
Smith & Wesson Brands' management team includes the following people: Mr. Mark Peter Smith , Pres, CEO & Director (Age 46, Pay $1.64M) Ms. Deana...
About Smith & Wesson Brands
Smith & Wesson Brands (NASDAQ:SWBI) Frequently Asked Questions
Smith & Wesson Brands, Inc. is a holding company, which engages in the manufacture, design, and provision of firearms. Its portfolio includes handguns, long guns, handcuffs, suppressor, and other firearm-related products. The firm's brands are Smith & Wesson, M&P, Thompson/Center Arms, and Gemtech.
What is Smith and Wesson?
4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Smith & Wesson Brands in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Smith & Wesson Brands stock.
Where is Smith and Wesson located?
Smith & Wesson Brands, Inc. is an American manufacturer of firearms, ammunition and restraints. The corporate headquarters is in Springfield, Massachusetts.
News & Analysis: Smith & Wesson Brands, Inc
. Smith & Wesson Brands, Inc. is an American manufacturer of firearms, ammunition and restraints. The corporate headquarters is in Springfield, Massachusetts. Smith & Wesson was founded by Horace Smith and Daniel B. Wesson as the "Smith & Wesson Revolver Company" in 1856 after their previous company, also called ...
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