Why did Smith&Wesson Brands stock fall 12% Friday?
Dec 03, 2021 · InvestorPlace - Stock Market News, Stock Advice & Trading Tips 7 Best Robinhood Stocks to Buy That Pay Monthly Dividends Mark Smith, president and CEO of Smith & Wesson, said the following in the ...
Is Smith&Wesson's demand declining?
Dec 03, 2021 · Smith & Wesson (NASDAQ: SWBI) stock is feeling the heat on Friday following the release of its fiscal second-quarter 2022 earnings report. Starting off the bad news for Q2 is the firearm company ...
Why is Smith&Wesson (SWBI) trading lower Friday morning?
Jul 02, 2021 · Shares of Smith & Wesson Brands ( SWBI 1.62%) were down almost 12% in morning trading Friday after the FBI reported background checks on …
When will Smith&Wesson brands release its next quarterly earnings?
Mar 04, 2022 · Why Smith & Wesson Shares Are Falling Today. Smith & Wesson Brands Inc (NASDAQ: SWBI) is trading significantly lower Friday morning after the company reported worse-than-expected financial results.
Is Smith & Wesson stock a good buy?
may be undervalued. Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of SWBI, demonstrate its potential to outperform the market. It currently has a Growth Score of C.
Is Smith and Wesson stock undervalued?
What happened to Smith and Wesson?
Why is SWBI so low?
SWBI shares have dropped 41% recently from an all-time high back in July. The primary reason for the decline is a fall in background checks which typically indicates firearm demand. This is backed by the NICS background check numbers which are published every month.Oct 12, 2021
Why is S&W moving?
Is the S&W moving?
Where is S&W moving to?
Is Smith & Wesson Brands a buy 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...
How has Smith & Wesson Brands' stock been impacted by Coronavirus (COVID-19)?
Smith & Wesson Brands' stock was trading at $6.10 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World He...
When is Smith & Wesson Brands' next earnings date?
Smith & Wesson Brands is scheduled to release its next quarterly earnings announcement on Thursday, June 16th 2022. View our earnings forecast for...
How were Smith & Wesson Brands' earnings last quarter?
Smith & Wesson Brands, Inc. (NASDAQ:SWBI) issued its quarterly earnings data on Thursday, March, 3rd. The company reported $0.69 earnings per share...
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. Shareholders of record on Thursday, March 17th will be paid a dividend...
Is Smith & Wesson Brands a good dividend stock?
Smith & Wesson Brands pays an annual dividend of $0.32 per share and currently has a dividend yield of 1.97%. Smith & Wesson Brands does not yet ha...
What price target have analysts set for SWBI?
3 Wall Street analysts have issued 1 year price objectives for Smith & Wesson Brands' shares. Their forecasts range from $22.00 to $38.00. On avera...
Who are Smith & Wesson Brands' key executives?
Smith & Wesson Brands' management team includes the following people: Mark P. Smith , President, Chief Executive Officer & Director Deana L. McPh...
Who are some of Smith & Wesson Brands' key competitors?
Some companies that are related to Smith & Wesson Brands include Vista Outdoor (VSTO) , Sturm, Ruger & Company, Inc. (RGR) , AMMO (POWW) , Nati...
The gunmaker is facing an uphill climb this year
Rich has been a Fool since 1998 and writing for the site since 2004. After 20 years of patrolling the mean streets of suburbia, he hung up his badge and gun to take up a pen full time.
What happened
Shares of Smith & Wesson Brands ( NASDAQ:SWBI) were down almost 12% in morning trading Friday after the FBI reported background checks on gun buyers tumbled 22% in June.
So what
After three years of the so-called "Trump slump" that followed President Trump's election in 2016, the firearms industry came roaring back last year on the prospect of a so-called "Biden bump" that was based on a trio of forces pushing gun sales higher last year: big-city riots, calls to "defund the police," and the fear President Joe Biden would enact stricter gun control legislation..
Now what
It was going to be an uphill battle for Smith & Wesson and other gun manufacturers as they are facing difficult year-over-year comps. Last year was a record year for gun sales as 8 million people chose to buy their first gun, and no one expected that torrid pace to last, though demand remains at elevated levels.
Is Smith & Wesson Brands a buy right now?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Smith & Wesson Brands in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock.
What stocks does MarketBeat like better than Smith & Wesson Brands?
Wall Street analysts have given Smith & Wesson Brands a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Smith & Wesson Brands wasn't one of them.
Are investors shorting Smith & Wesson Brands?
Smith & Wesson Brands saw a decline in short interest during the month of July. As of July 15th, there was short interest totaling 3,350,000 shares, a decline of 44.5% from the June 30th total of 6,040,000 shares. Based on an average daily volume of 2,920,000 shares, the days-to-cover ratio is currently 1.1 days.
When is Smith & Wesson Brands' next earnings date?
Smith & Wesson Brands is scheduled to release its next quarterly earnings announcement on Wednesday, September 1st 2021.#N#View our earnings forecast for Smith & Wesson Brands.
How can I listen to Smith & Wesson Brands' earnings call?
Smith & Wesson Brands will be holding an earnings conference call on Wednesday, September 1st at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.
How were Smith & Wesson Brands' earnings last quarter?
Smith & Wesson Brands, Inc. (NASDAQ:SWBI) issued its quarterly earnings data on Wednesday, June, 16th. The company reported $1.71 earnings per share for the quarter, beating analysts' consensus estimates of $1.02 by $0.69. The business had revenue of $322.95 million for the quarter, compared to the consensus estimate of $259.80 million.
How has Smith & Wesson Brands' stock price been impacted by Coronavirus?
Smith & Wesson Brands' stock was trading at $6.10 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, SWBI stock has increased by 300.3% and is now trading at $24.42.#N#View which stocks have been most impacted by COVID-19.
What happened
Shares of gunsmith Smith & Wesson Brands (NASDAQ: SWBI) swooned 11.7% as of 1:40 p.m. EDT Thursday, despite beating earnings projections in last night's fiscal first-quarter report.
So what
Those earnings, by the way, were more than twice the $0.77 per share that Smith & Wesson earned in the year-ago quarter.