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Smith & Wesson Holding Corp (NASDAQ:SWHC) updated its second quarter earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $0.04-0.08 for the period, compared to the Thomson Reuters consensus estimate of $0.28, American Banking News.com reports. The company issued revenue guidance of $100-110 million, compared to the consensus revenue estimate of $135.62 million.Smith & Wesson Holding Corp also updated its FY15 guidance to $0.89-0.94 EPS.

Shares of Smith & Wesson Holding Corp (NASDAQ:SWHC) traded down 0.11% on Tuesday, hitting $13.10. The stock had a trading volume of 2,281,957 shares. Smith & Wesson Holding Corp has a 52 week low of $10.25 and a 52 week high of $17.28. The stock has a 50-day moving average of $13.16 and a 200-day moving average of $14.20. The company has a market cap of $722.9 million and a P/E ratio of 8.86.

Smith & Wesson Holding Corp (NASDAQ:SWHC) last released its earnings data on Tuesday, August 26th. The company reported $0.26 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.25 by $0.01. The company had revenue of $131.90 million for the quarter, compared to the consensus estimate of $133.93 million. During the same quarter last year, the company posted $0.45 earnings per share. Smith & Wesson Holding Corp’s revenue was down 22.9% compared to the same quarter last year. Analysts expect that Smith & Wesson Holding Corp will post $1.36 EPS for the current fiscal year.

A number of analysts have recently weighed in on SWHC shares. Analysts at Cowen and Company raised their price target on shares of Smith & Wesson Holding Corp from $17.00 to $20.50 in a research note on Friday, June 20th. They now have an outperform rating on the stock. On a related note, analysts at Northland Securities reiterated an outperform rating on shares of Smith & Wesson Holding Corp in a research note on Friday, June 20th. They now have a $20.00 price target on the stock, down previously from $21.00. They noted that the move was a valuation call. Finally, analysts at Northland Securities raised their price target on shares of Smith & Wesson Holding Corp from $18.00 to $21.00 in a research note on Tuesday, June 10th. They now have an outperform rating on the stock. Ten equities research analysts have rated the stock with a buy rating, The company has a consensus rating of Buy and an average price target of $17.28.

Smith & Wesson Holding Corporation (NASDAQ:SWHC) is a manufacturer of firearms.

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