Confused? Buy or Sell in volatile market – Analyst report Smith & Wesson Brands Stock Forecast, Price & News (NASDAQ:SWBI)

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Earnings results for Smith & Wesson Brands Stock Forecast, Price & News (NASDAQ:SWBI)

Smith & Wesson Brands, Inc. is expected* to report earnings on 09/03/2020 after market close. The report will be for the fiscal Quarter ending Jul 2020. According to Zacks Investment Research, based on 2 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.56. The reported EPS for the same quarter last year was $0.03.

Smith & Wesson Brands last released its quarterly earnings data on June 18th, 2020. The reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.17. The company earned $233.64 million during the quarter, compared to analyst estimates of $207.91 million. Its quarterly revenue was up 32.9% compared to the same quarter last year. Smith & Wesson Brands has generated $0.82 earnings per share over the last year. Smith & Wesson Brands has confirmed that its next quarterly earnings report will be published on Thursday, September 3rd, 2020.

Analyst Opinion on Smith & Wesson Brands Stock Forecast, Price & News (NASDAQ:SWBI)

4 Wall Street analysts have issued ratings and price targets for Smith & Wesson Brands in the last 12 months. Their average twelve-month price target is $22.25, predicting that the stock has a possible upside of 7.02%. The high price target for SWBI is $25.00 and the low price target for SWBI is $18.00. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Smith & Wesson Brands has received a consensus rating of Buy. The company’s average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings. According to analysts’ consensus price target of $22.25, Smith & Wesson Brands has a forecasted upside of 7.0% from its current price of $20.79. Smith & Wesson Brands has only been the subject of 4 research reports in the past 90 days.

Dividend Strength: Smith & Wesson Brands Stock Forecast, Price & News (NASDAQ:SWBI)

Smith & Wesson Brands does not currently pay a dividend. Smith & Wesson Brands does not have a long track record of dividend growth.

Insiders buying/selling: Smith & Wesson Brands Stock Forecast, Price & News (NASDAQ:SWBI)

In the past three months, Smith & Wesson Brands insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $25,318.00 in company stock. Only 2.68% of the stock of Smith & Wesson Brands is held by insiders. 63.48% of the stock of Smith & Wesson Brands is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Smith & Wesson Brands Stock Forecast, Price & News (NASDAQ:SWBI

Earnings for Smith & Wesson Brands are expected to decrease by -56.67% in the coming year, from $2.10 to $0.91 per share. The P/E ratio of Smith & Wesson Brands is -18.56, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Smith & Wesson Brands is -18.56, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Smith & Wesson Brands has a P/B Ratio of 2.96. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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