Smith & Wesson Brands (NASDAQ:SWBI) Releases Earnings Results

Smith & Wesson Brands (NASDAQ:SWBI) announced its quarterly earnings data on Thursday. The company reported $0.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.06), Briefing.com reports. Smith & Wesson Brands had a return on equity of 9.20% and a net margin of 6.74%. The firm had revenue of $129.70 million during the quarter, compared to analysts’ expectations of $133.53 million. During the same period last year, the company earned $0.14 earnings per share. The business’s revenue for the quarter was up 3.8% on a year-over-year basis.

Smith & Wesson Brands Price Performance

NASDAQ:SWBI traded down $0.47 on Thursday, reaching $13.63. 736,101 shares of the company’s stock traded hands, compared to its average volume of 404,557. The stock has a 50-day simple moving average of $13.22 and a 200-day simple moving average of $14.35. Smith & Wesson Brands has a 12 month low of $11.96 and a 12 month high of $18.05. The firm has a market cap of $611.31 million, a PE ratio of 19.05 and a beta of 0.96. The company has a quick ratio of 1.19, a current ratio of 3.54 and a debt-to-equity ratio of 0.28.

About Smith & Wesson Brands

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.