Wedbush Downgrades Smith & Wesson Holding (SWHC) to Neutral

Go back to Wedbush Downgrades Smith & Wesson Holding (SWHC) to Neutral

BB&T Capital Upgrades Smith & Wesson Holding (SWHC) to Buy

January 5, 2016 7:40 AM EST

BB&T Capital upgraded Smith & Wesson Holding (NASDAQ: SWHC) from Hold to Buy with a price target of $28.00.

For an analyst ratings summary and ratings history on Smith & Wesson Holding click here. For more ratings news on Smith & Wesson Holding click here.

Shares of Smith & Wesson Holding closed at $23.28 yesterday.

... More

Smith & Wesson (SWHC) Guides Q3 Higher

January 4, 2016 6:03 PM EST

Smith & Wesson Holding Corporation (NASDAQ: SWHC) announced that it is updating expectations for its third quarter and full 2016 fiscal year, which will end on April 30, 2016. 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.

Sees Q3 non-GAAP EPS of $0.39-$0.41 versus the consensus of... More