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Smith & Wesson Holding Corp (NASDAQ:SWHC) has been given an average rating of “Buy” by the twelve analysts that are covering the stock, ARN reports. Two analysts have rated the stock with a sell recommendation, one has given a hold recommendation and eight have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $15.92.

Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Smith & Wesson Holding Corp from a “neutral” rating to an “underperform” rating in a research note on Friday. They now have a $10.60 price target on the stock. Separately, analysts at Cowen and Company cut their price target on shares of Smith & Wesson Holding Corp from $20.50 to $16.00 in a research note on Wednesday, August 27th. Finally, analysts at KeyCorp reiterated an “underweight” rating on shares of Smith & Wesson Holding Corp in a research note on Wednesday, August 27th. They now have a $10.00 price target on the stock, down previously from $11.00.

Smith & Wesson Holding Corp (NASDAQ:SWHC) opened at 11.07 on Thursday. Smith & Wesson Holding Corp has a one year low of $10.25 and a one year high of $17.28. The stock has a 50-day moving average of $12.93 and a 200-day moving average of $14.14. The company has a market cap of $591.6 million and a price-to-earnings ratio of 8.30.

Smith & Wesson Holding Corp (NASDAQ:SWHC) last released its earnings data 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 $0.96 EPS for the current fiscal year.

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

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