Smith & Wesson Holding Corporation (SWHC) - NASDAQ
  • Mon, Jan. 4, 10:31 AM
    • Smith & Wesson (SWHC +6.1%) and Sturm Ruger (RGR +4%) are soaring in early trade with President Obama expected to take executive actions on gun control this week.
    • Separately, Texas on Saturday became the 45th state to allow open carry of firearms thanks to a new law that took effect.
    | Mon, Jan. 4, 10:31 AM
  • Dec. 31, 2015, 10:31 AM
    • Gun stocks are on watch with President Obama expected to take executive action on reporting requirements and expanded background checks for gun purchases, including a narrowing of the loose gun show guidelines.
    • It's unclear if the Obama administration plans to draft new rules or clarify existing ones.
    • Smith & Wesson (SWHC -0.9%) and Sturm Ruger (RGR -0.6%) are up 131% and 72% YTD, respectively.
    | Dec. 31, 2015, 10:31 AM | 39 Comments
  • Dec. 14, 2015, 1:04 PM
    • Smith & Wesson (SWHC +1%) set a new all-time high of $23.95 today as investors continue to pile into the stock.
    • The rally coincides with gun control groups renewing their calls for legislation today on the three-year anniversary of the Sandy Hook school shooting.
    • Congress has been hesitant to enact any new gun laws, including a recent proposal to ban firearms to people on government lists suspected of having ties to terrorism. Most analysts think the status quo will hold until at least the next round of elections.
    • Sturm Ruger (RGR +1.3%) is also higher on the day, but is short of its 52-week high.
    | Dec. 14, 2015, 1:04 PM | 9 Comments
  • Dec. 10, 2015, 2:28 PM
    • The White House is gearing up to expand background checks on gun sales, according to the Associated Press.
    • The Obama administration is also looking to close the loopholes around gun shows that make it much easier to buy weapons without a background check.
    • Reports out of Washington over the last few weeks have indicated that President Obama is considering an executive action in order to bypass Congress.
    • Smith & Wesson (SWHC +5.2%) and Sturm Ruger (RGR +1.8%) are both higher on the day.
    | Dec. 10, 2015, 2:28 PM | 17 Comments
  • Dec. 9, 2015, 8:12 AM
    • Smith & Wesson (NASDAQ:SWHC) is lower after reporting FQ2 results.
    • The company reported that net income more than doubled during the quarter with demand for guns strong.
    • Guidance for 2016 revenue was raised, although perhaps lower than what may have been anticipated by some traders post-San Berndardino. Shares were up 16% in the week past the mass shooting incident.
    • Previously: Smith & Wesson Holding beats by $0.05, beats on revenue (Dec. 08 2015)
    • SWHC -6.22% premarket to $20.06 vs. a 52-week trading range of $9.31 to $21.50.
    | Dec. 9, 2015, 8:12 AM
  • Dec. 8, 2015, 4:07 PM
    • Smith & Wesson Holding (NASDAQ:SWHC): FQ2 EPS of $0.25 beats by $0.05.
    • Revenue of $143.24M (+32.1% Y/Y) beats by $4.55M.
    • Shares -1.4%.
    | Dec. 8, 2015, 4:07 PM | 5 Comments
  • Dec. 7, 2015, 5:35 PM
    | Dec. 7, 2015, 5:35 PM | 1 Comment
  • Dec. 7, 2015, 11:10 AM
    • Smith & Wesson (SWHC +5.8%) and Sturm Ruger (RGR +5.5%) are soaring following President Obama's Oval Office address on Sunday.
    • In the speech, Obama called for new firearm control measures, but didn't suggest any new military initiatives.
    • Smith & Wesson reports FQ2 results after the market close tomorrow.
    • Previously: Gun stocks on watch with Oval Office address (Dec. 06 2015)
    | Dec. 7, 2015, 11:10 AM | 5 Comments
  • Dec. 6, 2015, 8:50 AM
    • President Obama will deliver a rare Oval Office address this evening, discussing the broader threat of terrorism and the recent attack in San Bernardino.
    • ISIS on Saturday hailed the two attackers as "supporters" of the terror group - a message that came after investigators said they suspect one of the shooters professed loyalty to the Islamist network.
    • Investors will also be eyeing the reaction from gun stocks, which have mostly rallied over the last year in the wake of mass murders across the country.
    • Related tickers: SWHC +100%, RGR +57%, CAB -8%, SPWH +64% YTD
    | Dec. 6, 2015, 8:50 AM | 105 Comments
  • Oct. 13, 2015, 7:16 AM
    • Wedbush initiates coverage on Smith & Wesson (NASDAQ:SWHC) with an Outperform rating.
    • The investment firm has a price target of $22 on the gun stock vs. the 52-week trading range on S&W of $9.12 to $19.22.
    • SWHC +0.22% premarket to $18.47.
    | Oct. 13, 2015, 7:16 AM | 10 Comments
  • Oct. 2, 2015, 4:05 AM
    • Gun-related stocks don't seem to have been too affected by the mass shooting at a community college in the Oregon town of Roseburg, where a gunman murdered nine people and injured seven before police shot him to death.
    • President Barack Obama and presidential candidate Hillary Clinton called for gun-control laws following the shooting, although Obama's previous attempts to pass changes have mostly foundered in Congress.
    • Smith & Wesson (NASDAQ:SWHC) fell 1.4% in ordinary trading but rose 0.4% after the bell, while Cabela's (NYSE:CAB) dropped 3.05%, Strum Ruger (NYSE:RGR) slipped 2.1% but rebounded after hours and Sportsman's Warehouse (NASDAQ:SPWH) fell 1.2%.
    | Oct. 2, 2015, 4:05 AM | 9 Comments
  • Aug. 28, 2015, 3:15 PM
    • Smith and Wesson (NASDAQ:SWHC) is up 11.3%, and hitting its highest point since the 2007 crisis, after a strong earnings report yesterday where it raised its outlook for the year.
    • Analysts have come in with higher price targets: Wunderlich raised to $21 from $19, Lake Street Capital raised to $24 from $21, and Dougherty & Co. raised to $19, from $17.50. SWHC shares are trading currently at $18.05; they were last at this level in October 2007.
    • Cowen reiterated its Outperform rating and $20 target on the shares. "Q1's impressive beat and raise suggests a clear turn in SWHC's underlying demand, consistent with firming NICS data in recent months," said analyst Cai Rumohr. "Selling for 6.4x FY16E EBITDA, SWHC has modest downside with increased potential to rerate upward now that momentum is positive."
    | Aug. 28, 2015, 3:15 PM | 3 Comments
  • Aug. 27, 2015, 4:56 PM
    • Smith & Wesson Holding Co. (NASDAQ:SWHC) is hot after hours, +7.2%, following its fiscal Q1 earnings report. The firearm maker beat earnings expectations soundly and raised guidance on revenue and income for the year.
    • Gross margin was 39.8%, up from the prior year's 37.2%. GAAP income was nearly flat, though on a non-GAAP basis, net income was up nearly 19% to $17.7M.
    • "Strong gross margins in the quarter were driven by a number of factors, including favorable standard margins in the accessories division and increased production volumes in the firearms division," said CFO Jeff Buchanan.
    • Revenue breakout: Firearms division, $134.4M (up 1.9%); Accessories division, $13.3M (up 29.9%), boosted by the acquisition of Battenfeld Technologies in December.
    • It raised guidance for full-year revenues to $610M-$620M (vs. an expected $612.7M), and for non-GAAP EPS of $1.14-$1.19, vs. an expected $1.07. For Q2, it's guiding to revenues of $135M-$140M (vs. expected $130.3M) and EPS of $0.19-$0.21 (high of a consensus $0.14).
    • Conference call to come at 5 p.m. ET.
    | Aug. 27, 2015, 4:56 PM | 7 Comments
  • Aug. 27, 2015, 4:15 PM
    • Smith & Wesson Holding (NASDAQ:SWHC): FQ1 EPS of $0.32 beats by $0.10.
    • Revenue of $147.76M (+12.2% Y/Y) beats by $5M.
    • Shares +5.4%.
    | Aug. 27, 2015, 4:15 PM | 2 Comments
  • Aug. 26, 2015, 5:35 PM
    | Aug. 26, 2015, 5:35 PM | 6 Comments
  • Aug. 26, 2015, 1:09 PM
    • Smith & Wesson (NASDAQ:SWHC) and Ruger Storm (NYSE:RGR) trade higher than market averages on solid volume following the tragic shooting of two TV journalists in Virginia early this morning.
    • Gun stocks have rallied in the past after gun-related incidents on speculation demand will increase ahead of potential tightening of regulations.
    • SWHC +2.2% and RGR +3.8%.
    | Aug. 26, 2015, 1:09 PM | 19 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