Smith Wesson Brands Stock Beta
| SWBI Stock | USD 14.10 0.57 4.21% |
Smith Wesson Brands fundamentals help investors to digest information that contributes to Smith Wesson's financial success or failures. It also enables traders to predict the movement of Smith Stock. The fundamental analysis module provides a way to measure Smith Wesson's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Smith Wesson stock.
Smith | Beta |
Smith Wesson Brands Company Beta Analysis
Smith Wesson's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Smith Wesson Beta | 0.93 |
Most of Smith Wesson's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Smith Wesson Brands is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Smith Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Smith Wesson is extremely important. It helps to project a fair market value of Smith Stock properly, considering its historical fundamentals such as Beta. Since Smith Wesson's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Smith Wesson's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Smith Wesson's interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Smith Wesson Brands has a Beta of 0.926. This is 32.41% lower than that of the Leisure Products sector and about the same as Consumer Discretionary (which currently averages 0.93) industry. The beta for all United States stocks is notably lower than that of the firm.
Smith Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Smith Wesson's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Smith Wesson could also be used in its relative valuation, which is a method of valuing Smith Wesson by comparing valuation metrics of similar companies.Smith Wesson is currently under evaluation in beta category among its peers.
Smith Wesson ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Smith Wesson's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Smith Wesson's managers, analysts, and investors.Environmental | Governance | Social |
Smith Wesson Institutional Holders
Institutional Holdings refers to the ownership stake in Smith Wesson that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Smith Wesson's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Smith Wesson's value.| Shares | Citadel Advisors Llc | 2024-09-30 | 490.1 K | Jane Street Group Llc | 2024-06-30 | 448.2 K | Bank Of New York Mellon Corp | 2024-09-30 | 445.1 K | Lsv Asset Management | 2024-09-30 | 399.2 K | Northern Trust Corp | 2024-09-30 | 393.8 K | Marshall Wace Asset Management Ltd | 2024-09-30 | 326.5 K | Squarepoint Ops Llc | 2024-09-30 | 310.6 K | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 263.9 K | Bank Of America Corp | 2024-06-30 | 176.1 K | Blackrock Inc | 2024-06-30 | 4.2 M | Vanguard Group Inc | 2024-09-30 | 3.6 M |
Smith Wesson returns are very sensitive to returns on the market. As the market goes up or down, Smith Wesson is expected to follow.
Smith Fundamentals
| Return On Equity | 0.0904 | ||||
| Return On Asset | 0.0504 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | 687.04 M | ||||
| Shares Outstanding | 44.85 M | ||||
| Shares Owned By Insiders | 1.27 % | ||||
| Shares Owned By Institutions | 60.96 % | ||||
| Number Of Shares Shorted | 1.67 M | ||||
| Price To Earning | 2.18 X | ||||
| Price To Book | 1.61 X | ||||
| Price To Sales | 1.19 X | ||||
| Revenue | 535.83 M | ||||
| Gross Profit | 384.56 M | ||||
| EBITDA | 84.01 M | ||||
| Net Income | 39.61 M | ||||
| Cash And Equivalents | 110.45 M | ||||
| Cash Per Share | 2.41 X | ||||
| Total Debt | 78.37 M | ||||
| Debt To Equity | 0.12 % | ||||
| Current Ratio | 2.84 X | ||||
| Book Value Per Share | 8.43 X | ||||
| Cash Flow From Operations | 106.74 M | ||||
| Short Ratio | 3.34 X | ||||
| Earnings Per Share | 0.74 X | ||||
| Price To Earnings To Growth | 0.45 X | ||||
| Target Price | 18.67 | ||||
| Number Of Employees | 1.5 K | ||||
| Beta | 0.93 | ||||
| Market Capitalization | 606.85 M | ||||
| Total Asset | 578 M | ||||
| Retained Earnings | 540.66 M | ||||
| Working Capital | 191.18 M | ||||
| Annual Yield | 0.04 % | ||||
| Net Asset | 578 M | ||||
| Last Dividend Paid | 0.49 |
About Smith Wesson Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Smith Wesson Brands's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Smith Wesson using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Smith Wesson Brands based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Currently Active Assets on Macroaxis
When determining whether Smith Wesson Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Smith Wesson's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Smith Wesson Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Smith Wesson Brands Stock:Check out Smith Wesson Piotroski F Score and Smith Wesson Altman Z Score analysis. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Leisure Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Smith Wesson. If investors know Smith will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Smith Wesson listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.047 | Dividend Share 0.49 | Earnings Share 0.74 | Revenue Per Share 11.178 | Quarterly Revenue Growth (0.23) |
The market value of Smith Wesson Brands is measured differently than its book value, which is the value of Smith that is recorded on the company's balance sheet. Investors also form their own opinion of Smith Wesson's value that differs from its market value or its book value, called intrinsic value, which is Smith Wesson's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Smith Wesson's market value can be influenced by many factors that don't directly affect Smith Wesson's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Smith Wesson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smith Wesson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smith Wesson's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.