Stran & Company, Inc logo

Stran & Company, Inc(SWAG)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL
1-STAR RATING
PASS
LAST CLOSE
$1.64
09/15/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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Upturn Advisory & Investor View for SWAG

09/15/2026: SWAG (1-star) is currently NOT-A-BUY. Pass it for now.

Software Acquisition Group III Inc. was a blank check company formed to merge with a high-growth software or technology-enabled services business. Its main strength was the capital raised at IPO and the management team's sector experience, though it lacked any underlying operating revenue or products. The primary investment story relied on the team's ability to identify and merge with a valuable private company before its expiration date. Key risks included the lack of business operations, intense competition for targets, and the challenging regulatory climate for SPACs. The entity was suited for speculative investors familiar with SPAC structures, requiring careful monitoring of the timeline for acquisition or liquidation.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorWeak fitThe company lacked active growth operations, offering only speculative potential based on a future acquisition.
Momentum investorWeak fitTrading was driven by market sentiment regarding SPACs rather than underlying business momentum.
Value investorWeak fitValuation was tied to cash-in-trust rather than fundamental business earnings multiples.
Dividend investorWeak fitThe entity did not produce operating income to support dividend payouts.
Low-risk investorWeak fitSPACs generally carry higher event-risk and uncertainty compared to established operating companies.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighSpeculative trading based on merger rumors often led to significant price fluctuations.
Valuation riskHighThere was no intrinsic business valuation to anchor the stock price.
Competition riskMedium / highIntense competition from other SPACs made finding a quality target difficult.
Business qualityLowThe entity had no commercial operations or business franchise to analyze.
Dividend incomeLow / noneNo income stream was available to support dividends.
Execution riskHighThe failure to complete a merger resulted in liquidation or dissolution.

Price Behavior

Rolling Over
PRICE PATH

Rolling Over

The price momentum is slowing down and beginning to turn downward.

Moderately Choppy
PRICE STABILITY

Moderately Choppy

The stock has experienced noticeable price swings while retaining some directional structure.

Analysis of Past Performance

Type Stock
Historic Profit -3.5%
Avg. Invested days 32
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 09/15/2026

Upturn Scorecard

Upturn Star Rating

SWAG receives a 3-star rating, supported by solid analyst coverage. The rating is constrained by soft unit economics, and weak price momentum.

Company Fundamentals

SWAG has moderate overall fundamentals (3 stars), with moderate financial health, solid growth momentum, and solid ownership. In FY2025 versus FY2024, strong earnings growth (+82.0%) and strong revenue growth (+40.6%) are partially offset by soft cash generation (FCF margin -4.8%), soft profitability (net margin -0.6%).

Financial Health Rating

SWAG's financial health is supported by solid liquidity, including working-capital and asset support (WC/assets 44.9%). Profitability is soft (2 stars), which helps explain the 3-star overall score.

Growth Momentum Score

Earnings growth is SWAG's strongest growth driver at +82.0% FY2025 versus FY2024 (strong, 5 stars). By comparison, revenue growth (+40.6%, strong) is also strong, while free-cash-flow growth (-357.3%, negative) holds the profile back, so recent growth is not broad-based across the business.

Ownership

Institutional ownership is 17.7% and approximately 51.7% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 48.31% supports management-shareholder alignment.

Top 5 Institutional Investors

Byrne Asset Management LLC 0.00%

Unit Economics (Per $1K Revenue)

SWAG generates approximately $295 of gross profit, $-17 of operating income, and $-48 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Strong cash conversion and healthy margins support the rating, although capital efficiency remains below the highest tier.

Economic Dimensions

Effective Tax Rate: -19.14% (Tax Credit)

Quantitative Style Profile

SWAG has a liquid profile. Weak momentum is the primary drawback, while valuation that is moderately attractive rather than deeply discounted.

Style Classification

Quality Focused

High VolatilitySmall / Mid Cap RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 31.13M USD
Price to earnings Ratio 167
1Y Target Price 4.5
Price to earnings Ratio 167
1Y Target Price 4.5
Volume (30-day avg) 32.1K shares
Beta 1.96
52 Weeks Range 1.50 - 3.50
Updated Date 09/15/2026
52 Weeks Range 1.50 - 3.50
Updated Date 09/15/2026
Dividends yield (FY) -
Basic EPS (TTM) 0.01

How Company Makes Money

Business areaWhat it includesRetail investor read
Capital ManagementInterest earned on cash held in trust pending a merger.The company did not earn money through products; it was a container for cash waiting to be used.
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Valuation

Trailing PE 167
Forward PE -
Enterprise Value 21.32M
Price to Sales(TTM) 0.26
Enterprise Value 21.32M
Price to Sales(TTM) 0.26
Enterprise Value to Revenue 0.18
Enterprise Value to EBITDA 250.81
Shares Outstanding 18.64M
Shares Floating 9.63M
Shares Outstanding 18.64M
Shares Floating 9.63M
Percent Insiders 48.31
Percent Institutions 17.7

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Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About Stran & Company, Inc

Exchange NASDAQ
Headquarters Quincy, MA, United States
IPO Launch date 2021-09-20
Co-Founder, President, CEO & Director Mr. Andrew Shape
Sector Communication Services
Industry Advertising Agencies
Full time employees 154
Full time employees 154

Stran & Company, Inc. provides outsourced marketing solutions in the United States, Canada, and Europe. It operates through Stran & Company, Inc. (Stran) and Stran Loyalty Solutions, LLC (SLS) segments. The company offers custom sourcing solutions; e-commerce solutions; creative and merchandising services; warehousing/fulfillment and distribution; print-on-demand; kitting; and point of sale displays. It also provides corporate promotional marketing programs for clients across various industry verticals; loyalty and incentive programs; and commercial and digital printing solutions. In addition, the company offers Magento Open Source, a custom-developed e-commerce platform that includes management of marketing programs and links branded merchandise, print, event assets, customer relationship management, loyalty, and incentives. It serves the pharmaceutical and healthcare, manufacturing, gaming, technology, finance, construction, and consumer goods industries. The company was founded in 1994 and is headquartered in Quincy, Massachusetts.