On 7/15/24, Smith & Wesson Brands Inc (NASDAQ: SWBI) stock enjoyed a major increase of 11.4%, closing at $15.61. Moreover, this advance was accompanied by exceptionally high trading volume at 343% of normal. Relative to the market the stock has been strong over the last nine months and has risen 11.5% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, SWBI is expected to continue to be a Value Builder.
Smith & Wesson Brands has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Smith & Wesson Brands has a neutral Appreciation Score of 51 and a slightly positive Power Rating of 66, and the High Neutral Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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