Smith & Wesson Holding Corp. (NASDAQ:SWHC) is scheduled to release its Q217 earnings data on Thursday, December 1st. Analysts expect Smith & Wesson Holding Corp. to post earnings of $0.55 per share and revenue of $227.07 million for the quarter. Smith & Wesson Holding Corp. has set its Q2 guidance at $0.53-0.57 EPS and its FY17 guidance at $2.38-2.48 EPS.Persons that wish to register for the company’s earnings conference call can do so using this link.

Smith & Wesson Holding Corp. (NASDAQ:SWHC) last posted its quarterly earnings results on Thursday, September 1st. The company reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.53 by $0.09. The company had revenue of $207 million for the quarter. Smith & Wesson Holding Corp. had a return on equity of 42.17% and a net margin of 14.34%. Smith & Wesson Holding Corp.’s revenue for the quarter was up 40.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.32 EPS. On average, analysts expect Smith & Wesson Holding Corp. to post $2.43 EPS for the current fiscal year and $2.16 EPS for the next fiscal year.

Earnings History for Smith & Wesson Holding Corp. (NASDAQ:SWHC)

Shares of Smith & Wesson Holding Corp. (NASDAQ:SWHC) opened at 23.88 on Tuesday. The firm has a 50-day moving average price of $25.29 and a 200-day moving average price of $26.37. Smith & Wesson Holding Corp. has a 52-week low of $18.14 and a 52-week high of $31.19. The firm has a market cap of $1.34 billion, a price-to-earnings ratio of 12.01 and a beta of 0.85.

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Several equities analysts recently commented on SWHC shares. Vetr upgraded Smith & Wesson Holding Corp. from a “buy” rating to a “strong-buy” rating and set a $31.72 target price for the company in a research note on Tuesday, September 6th. Lake Street Capital lowered Smith & Wesson Holding Corp. from a “buy” rating to a “hold” rating and dropped their target price for the company from $37.00 to $20.00 in a research note on Monday, November 21st. Craig Hallum lowered Smith & Wesson Holding Corp. from a “buy” rating to a “hold” rating and dropped their target price for the company from $35.00 to $33.00 in a research note on Friday, September 2nd. Wedbush reiterated a “neutral” rating and issued a $29.00 target price (up from $23.00) on shares of Smith & Wesson Holding Corp. in a research note on Friday, August 26th. Finally, Zacks Investment Research lowered Smith & Wesson Holding Corp. from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 3rd. Nine research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $27.71.

In related news, Director Isabell Marie Wadecki sold 6,500 shares of the stock in a transaction dated Tuesday, November 8th. The stock was sold at an average price of $28.50, for a total value of $185,250.00. Following the completion of the transaction, the director now owns 35,686 shares of the company’s stock, valued at $1,017,051. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Mitchell A. Saltz sold 3,000 shares of the stock in a transaction dated Thursday, October 6th. The shares were sold at an average price of $25.35, for a total value of $76,050.00. Following the completion of the transaction, the director now directly owns 6,914 shares of the company’s stock, valued at approximately $175,269.90. The disclosure for this sale can be found here. 1.94% of the stock is owned by insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Seven Eight Capital LLC acquired a new position in shares of Smith & Wesson Holding Corp. during the second quarter worth approximately $110,000. BlackRock Japan Co. Ltd acquired a new position in shares of Smith & Wesson Holding Corp. during the second quarter worth approximately $124,000. BlackRock Inc. increased its position in shares of Smith & Wesson Holding Corp. by 21.4% in the second quarter. BlackRock Inc. now owns 5,759 shares of the company’s stock worth $157,000 after buying an additional 1,014 shares in the last quarter. Clinton Group Inc. acquired a new position in shares of Smith & Wesson Holding Corp. during the third quarter worth approximately $276,000. Finally, Cetera Advisor Networks LLC increased its position in shares of Smith & Wesson Holding Corp. by 15.9% in the third quarter. Cetera Advisor Networks LLC now owns 10,385 shares of the company’s stock worth $276,000 after buying an additional 1,421 shares in the last quarter. 74.06% of the stock is owned by hedge funds and other institutional investors.

Smith & Wesson Holding Corp. Company Profile

Smith & Wesson Holding Corporation is a manufacturer of firearms and a provider of accessory products for the shooting, hunting and rugged outdoor enthusiast. The Company operates through two segments: firearms and accessories. The firearm segment includes firearms, handcuffs and other related products sold through a distribution chain and direct sales to consumers and international, state and federal governments.

5 Day Chart for NASDAQ:SWHC

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