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Smith & Wesson Holding Corp (NASDAQ:SWHC)‘s stock had its “buy” rating reiterated by analysts at Benchmark Co. in a research report issued to clients and investors on Wednesday. They currently have a $15.00 target price on the stock, down from their previous target price of $20.00. Benchmark Co.’s price target would indicate a potential upside of 14.50% from the company’s current price.

SWHC has been the subject of a number of other recent research reports. Analysts at CRT Capital cut their price target on shares of Smith & Wesson Holding Corp from $18.00 to $15.00 in a research note on Wednesday. They now have a “buy” rating on the stock. Separately, analysts at Wedbush cut their price target on shares of Smith & Wesson Holding Corp from $20.00 to $15.00 in a research note on Wednesday. They now have an “outperform” rating on the stock. Finally, 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. One investment analyst has rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Smith & Wesson Holding Corp presently has an average rating of “Buy” and an average price target of $17.69.

Smith & Wesson Holding Corp (NASDAQ:SWHC) traded down 12.06% on Wednesday, hitting $11.5201. The stock had a trading volume of 3,612,179 shares. Smith & Wesson Holding Corp has a 52-week low of $10.25 and a 52-week high of $17.28. The stock’s 50-day moving average is $13.13 and its 200-day moving average is $14.20. The company has a market cap of $635.7 million and a price-to-earnings ratio of 8.85.

Smith & Wesson Holding Corp (NASDAQ:SWHC) last posted its quarterly earnings results on Tuesday, August 26th. The company reported $0.26 EPS for the quarter, beating the Thomson Reuters 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 in the prior year, the company posted $0.45 earnings per share. The company’s quarterly revenue was down 22.9% on a year-over-year basis. Analysts expect that Smith & Wesson Holding Corp will post $1.36 EPS for the current fiscal year.

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

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