Smith & Wesson Holding Corporation (SWHC) - NASDAQ
  • Mon, Jun. 13, 2:27 AM
    • At least 50 people are dead and more than 50 others wounded after a gunman opened fire and took hostages at a gay club early Sunday morning in Orlando.
    • The shooter, identified as Omar Mateen, was killed in a shootout with law enforcement and pledged loyalty to Islamic State before carrying out the attack.
    • Gun stocks will be on watch at the open following the worst mass shooting in U.S. history.
    • Related tickers: SWHC +5.1%, RGR +1.8%, CAB flat premarket.
    | Mon, Jun. 13, 2:27 AM | 200 Comments
  • Mon, Jun. 6, 10:09 AM
    • Shares of Smith & Wesson (SWHC -4.1%) and Sturm Ruger (RGR -6.1%) are continuing their plunge following reports that a background check system run by the FBI showed slowing growth last month.
    • Applications from the National Instant Criminal Background Check System rose 2.6% to 942,970 in May vs. 14.4% in April.
    | Mon, Jun. 6, 10:09 AM | 18 Comments
  • Tue, May 3, 12:56 PM
    • Sturm Ruger (RGR +1.1%) and Smith & Wesson (SWHC +0.8%) are both in positive territory after Sturm reported strong gun demand in Q1.
    • The AR-556 semiautomatic rifle sold well during the quarter along with other new products.
    • Sturm's EBITDA as a percentage of sales rose 160 bps to 25.9% with pricing and mix in its favor.
    • Earlier this month, the FBI reported that background checks were up 36% Y/Y in Q1.
    • Previously: Sturm, Ruger beats by $0.25, beats on revenue (May 2)
    | Tue, May 3, 12:56 PM | 6 Comments
  • Mon, Apr. 4, 12:50 PM
    | Mon, Apr. 4, 12:50 PM | 3 Comments
  • Mon, Apr. 4, 9:13 AM
    | Mon, Apr. 4, 9:13 AM | 23 Comments
  • Thu, Mar. 3, 5:39 PM
    • Top gainers, as of 5.25 p.m.: HPE +8.3%. AVGO +7.6%. SWHC +5.0%. SGY +4.9%. OEC +4.8%.
    • Top losers, as of 5.25p.m.: VTAE -19.4%. AMBA -6.8%. GFI -6.6%. AG -6.5%. HRB -5.8%.
    | Thu, Mar. 3, 5:39 PM | 3 Comments
  • Thu, Mar. 3, 4:17 PM
    • Smith & Wesson (NASDAQ:SWHC) reports sales in its firearms division rose 56% to $195M in FQ3.
    • The company's gross margin rate shot up 750 bps to 41.1% off the sales leverage.
    • Management cites "healthy" consumer demand and strong product sell-through at distribution points.
    • Smith & Wesson boosts guidance for the full fiscal year after the strong quarter. EPS of $1.68-$1.70 is forecast vs. $1.42 consensus.
    • Previously: Smith & Wesson Holding beats by $0.20, beats on revenue (March 3)
    | Thu, Mar. 3, 4:17 PM | 9 Comments
  • Thu, Mar. 3, 4:09 PM
    • Smith & Wesson Holding (NASDAQ:SWHC): FQ3 EPS of $0.59 beats by $0.20.
    • Revenue of $210.8M (+61.5% Y/Y) beats by $35.87M.
    • Press Release
    | Thu, Mar. 3, 4:09 PM
  • Wed, Mar. 2, 5:35 PM
  • Tue, Feb. 16, 9:13 AM
    | Tue, Feb. 16, 9:13 AM | 1 Comment
  • Wed, Jan. 6, 8:19 AM
    • Smith & Wesson (NASDAQ:SWHC) is tracking back in early trading after Wedbush downgrades the stock to Neutral from Outperform. Wedbush thinks it's time to take profit on S&W after shares ran up 17% since President Obama teed up background check reform.
    • "While gun industry sales are clearly in 'surge' mode, it is difficult to discern just how much of these sales are in fact incremental to the industry versus pulled-forward demand, with plenty of historical examples of both," reads the Wdbush note.
    • SWHC -2.94% premarket to $25.10.
    | Wed, Jan. 6, 8:19 AM | 5 Comments
  • Tue, Jan. 5, 11:12 AM
    • Smith & Wesson (NASDAQ:SWHC) is up 12% on a huge volume spike to reach a post-IPO high.
    • The company lifted guidance last night and the gun debate has been raging this week with President Obama poised to take some executive action refinements to gun control regulations.
    • SWHC reached a high of $26.64.
    • Sturn Ruger (NYSE:RGR) is also ripping, up 7.1% to a 52-week high off the same enthusiasm that short-term gun and ammo demand could pick up.
    • Vista Outdoor (VSTO +4.9%) and Cabela's (CAB +1%) are also catching bids off the gun control focus, while rallies in Dick's Sporting Goods (DKS +1.3%), Hibbett Sports (HIBB +1.3%), and Sportsman's Warehouse (SPWH +2.6%) look more speculative based off the actual impact of gun sales on total revenue.
    • Previously: Obama set to roll out gun control actions today (Jan. 05 2016)
    • Previously: Smith & Wesson hikes guidance; shares +3.7% (Jan. 04 2016)
    | Tue, Jan. 5, 11:12 AM | 5 Comments
  • Tue, Jan. 5, 9:15 AM
    | Tue, Jan. 5, 9:15 AM | 3 Comments
  • Tue, Jan. 5, 2:33 AM
    • Bypassing Congress on a hot-button issue, President Obama is set to roll out executive actions on gun control today, in the wake of mass shootings across the country.
    • According to a White House facts sheet, the new actions are modest, requiring sellers at gun shops and shows to use background checks to make it easier to determine when someone can't buy a gun for mental health reasons.
    • Shares in gun makers Smith & Wesson (NASDAQ:SWHC) and Sturm Ruger (NYSE:RGR) rallied against a falling stock market on Monday, as has happened before when the White House mulled weapon sales reform.
    • Previously: Smith & Wesson hikes guidance; shares +3.7% (Jan. 04 2016)
    • Previously: President Obama to move on gun reform this week (Jan. 04 2016)
    • Previously: Gun stocks on the move (Jan. 04 2016)
    | Tue, Jan. 5, 2:33 AM | 62 Comments
  • Mon, Jan. 4, 6:10 PM
    • Smith & Wesson (NASDAQ:SWHC) now expects FQ3 revenue of $175M-$180M and EPS of $0.39-$0.41, above a consensus of $154.6M and $0.28. FY16 (ends April '16) guidance is now for revenue of $650M-$660M and EPS of $1.36-$1.41, above a consensus of $636.5M and $1.32.
    • SWHC, referring to itself in the third-person: "The company indicated that the sell-through rate of its products at distribution has been stronger than originally anticipated, resulting in reduced distributor inventories of its firearms. The company added that Adjusted National Instant Criminal Background Check System (NICS) data for the month of December, which serves as an indicator of consumer purchases, reflected strong growth versus December 2014."
    • Shares are up to $24.15 after hours. SWHC rose 5.9% in regular trading ahead of the guidance hike, joining rival Sturm Ruger in rallying amid news Pres. Obama is prepping executive actions related to gun control.
    | Mon, Jan. 4, 6:10 PM | 29 Comments
  • Mon, Jan. 4, 3:10 PM
    • President Obama says he will move forward with executive action recommendations on gun control initiatives over the next few days.
    • One focus of the recommendations is expected to be expanded background checks at gun shows for smaller dealers now exempt in many situations.
    • Obama may also direct the Bureau of Alcohol, Tobacco, Firearms, and Explosives to expand the definition of who is considered a gun dealer.
    • Most law professors think the actions tipped by Obama won't go far enough to violate the Second Amendment.
    • Related stocks: RGR, SWHC.
    | Mon, Jan. 4, 3:10 PM | 9 Comments
Company Description
Smith & Wesson Holding Corp. engages in the manufacture of firearms. Its products include handguns, long guns, handcuffs, and firearm-related products and accessories for sale to a wide variety of customers, including gun enthusiasts, collectors, hunters, sportsmen, competitive shooters,... More
Industry: Aerospace/Defense Products & Services
Country: United States