Smith & Wesson (SWHC) Falls: Stock Tumbles 8.7% - Tale of the Tape

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Smith & Wesson Holding Corporation ( SWHC ) saw a big move last session, as the company's shares fell by nearly 9% on Friday. The move came on pretty good volume too with far more shares changing hands than in a normal session. This stock, trading at a volatile range of $15.37-$17.14 in the past one-month time frame, showed a sharp decline Friday at $15.52.

Smith & Wesson has seen a mixed track record when it comes to current year estimate revisions over the past few weeks (1 increase, 1 decrease), and the consensus for earnings hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch of this firm in the near future, and especially on earnings estimates following the recent slump.

SWHC currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the consumer discretionary sector include Electronic Arts Inc. ( EA ), Columbia Sportswear Company ( COLM ) and Malibu Boats, Inc. ( MBUU ). While Electronic Arts carries a Zacks Rank #1 (Strong Buy), both Columbia Sportswear and Malibu Boats hold a Zacks Rank #2 (Buy).

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: SWHC

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67,310,517
  • $100.53 ▲ 1.38%
50,893,843
  • $8.02 ▲ 2.56%
48,783,882
  • $10.25 ▲ 3.85%
43,859,280
  • $5.39 ▼ 4.09%
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    $15.45 unch
31,440,620
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As of 8/19/2014, 04:03 PM

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