Aegis Reduces Earnings Estimates for Smith & Wesson Brands

Smith & Wesson Brands, Inc. (NASDAQ:SWBI - Free Report) - Equities research analysts at Aegis reduced their FY2026 earnings per share estimates for shares of Smith & Wesson Brands in a research report issued on Tuesday, June 24th. Aegis analyst R. Dionisio now anticipates that the company will post earnings per share of $0.44 for the year, down from their prior estimate of $0.72. The consensus estimate for Smith & Wesson Brands' current full-year earnings is $0.47 per share.

Separately, Lake Street Capital dropped their price target on Smith & Wesson Brands from $12.50 to $11.00 and set a "buy" rating on the stock in a report on Monday.

Smith & Wesson Brands Stock Up 1.5%

SWBI stock opened at $8.72 on Friday. The firm has a market cap of $383.68 million, a PE ratio of 32.30 and a beta of 1.01. Smith & Wesson Brands has a 12 month low of $8.38 and a 12 month high of $16.85. The company has a debt-to-equity ratio of 0.30, a current ratio of 4.16 and a quick ratio of 1.56. The firm has a 50 day simple moving average of $9.63 and a 200 day simple moving average of $9.95.

Smith & Wesson Brands (NASDAQ:SWBI - Get Free Report) last issued its quarterly earnings results on Wednesday, June 18th. The company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.03). Smith & Wesson Brands had a return on equity of 3.71% and a net margin of 2.60%. The business had revenue of $140.76 million during the quarter, compared to the consensus estimate of $152.41 million. During the same quarter last year, the firm posted $0.45 earnings per share. Smith & Wesson Brands's revenue was down 11.6% compared to the same quarter last year.

Institutional Trading of Smith & Wesson Brands

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Dimensional Fund Advisors LP increased its position in shares of Smith & Wesson Brands by 3.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,063,973 shares of the company's stock worth $30,960,000 after acquiring an additional 104,128 shares in the last quarter. Vanguard Group Inc. grew its position in Smith & Wesson Brands by 2.4% during the 1st quarter. Vanguard Group Inc. now owns 2,608,677 shares of the company's stock worth $24,313,000 after purchasing an additional 62,173 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in Smith & Wesson Brands by 41.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 712,708 shares of the company's stock valued at $6,642,000 after purchasing an additional 208,739 shares during the period. Charles Schwab Investment Management Inc. raised its stake in Smith & Wesson Brands by 7.6% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 577,072 shares of the company's stock valued at $5,378,000 after purchasing an additional 40,815 shares during the period. Finally, Bank of New York Mellon Corp lifted its holdings in shares of Smith & Wesson Brands by 18.0% in the fourth quarter. Bank of New York Mellon Corp now owns 525,374 shares of the company's stock valued at $5,309,000 after purchasing an additional 80,235 shares in the last quarter. Institutional investors and hedge funds own 59.33% of the company's stock.

Smith & Wesson Brands Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, July 21st. Investors of record on Monday, July 7th will be paid a $0.13 dividend. The ex-dividend date is Monday, July 7th. This represents a $0.52 dividend on an annualized basis and a yield of 5.96%. Smith & Wesson Brands's dividend payout ratio is currently 192.59%.

About Smith & Wesson Brands

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.

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