Less Than Two Hours Before The NASDAQ Open, Smith & Wesson Is Up By 4%

(VIANEWS) – The NASDAQ opens in less than two hours and Smith & Wesson‘s pre-market value is already 4.96% up.

Smith & Wesson’s last close was $11.90, 28.83% below its 52-week high of $16.72.

The last session, NASDAQ ended with Smith & Wesson (SWBI) falling 2.06% to $11.90. NASDAQ fell 1.07% to $11,996.86, after three consecutive sessions in a row of losses, on what was an all-around bearish trend trading session.

About Smith & Wesson

Smith & Wesson Brands, Inc. designs, manufactures, and sells firearms worldwide. The company offers handguns, including revolvers and pistols; long guns, such as modern sporting rifles, bolt action rifles; handcuffs; suppressors; and other firearm-related products under the Smith & Wesson, M&P, and Gemtech brands. It also provides manufacturing services comprising forging, heat treating, rapid prototyping, tooling, finishing, plating, machining, and custom plastic injection molding to other businesses under the Smith & Wesson and Smith & Wesson Precision Components brand names; and sells parts purchased through third parties. The company sells its products to firearm enthusiasts, collectors, hunters, sportsmen, competitive shooters, individuals desiring home and personal protection, law enforcement, security agencies and officers, and military agencies. It markets its products through independent dealers, retailers, in-store retails, and direct to consumers; print, broadcast, and digital advertising campaigns; social and electronic media; and in-store retail merchandising strategies. Smith & Wesson Brands, Inc. was founded in 1852 and is based in Springfield, Massachusetts.

Earnings Per Share

As for profitability, Smith & Wesson has a trailing twelve months EPS of $5.43.

PE Ratio

Smith & Wesson has a trailing twelve months price to earnings ratio of 2.19. Meaning, the purchaser of the share is investing $2.19 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 22.28%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 68.1% and a negative 63.4%, respectively.

Revenue Growth

Year-on-year quarterly revenue growth declined by 47.5%, now sitting on 564.47M for the twelve trailing months.

Sales Growth

Smith & Wesson’s sales growth is negative 29.5% for the current quarter and negative 25.1% for the next.

Yearly Top and Bottom Value

Smith & Wesson’s stock is valued at $11.90 at 08:27 EST, way under its 52-week high of $16.72 and way above its 52-week low of $8.21.

More news about Smith & Wesson (SWBI).

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