Sportsman’s Warehouse Holdings, Inc. (SPWH) – What Are Analysts Saying About This Stock?

Shares of Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) have earned a consensus rating of “Hold” from the five brokerages that are covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and two have given a buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $2.28.

A number of brokerages have weighed in on SPWH. LADENBURG THALM/SH SH began coverage on shares of Sportsman’s Warehouse in a research report on Tuesday. They set a “buy” rating and a $2.60 target price for the company. Zacks Research cut shares of Sportsman’s Warehouse from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 6th. Finally, Weiss Ratings downgraded shares of Sportsman’s Warehouse from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday.

Sportsman’s Warehouse Stock Up 2.8%

Shares of NASDAQ:SPWH opened at $1.09 on Tuesday. Sportsman’s Warehouse has a 1 year low of $1.03 and a 1 year high of $2.56. The company has a market capitalization of $42.66 million, a PE ratio of -0.89 and a beta of 0.44. The business has a fifty day moving average price of $1.14 and a two-hundred day moving average price of $1.27. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.17 and a quick ratio of 0.07.

Sportsman’s Warehouse (NASDAQ:SPWH) last issued its quarterly earnings results on Tuesday, September 1st. The company reported ($0.08) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.04. Sportsman’s Warehouse had a negative net margin of 3.94% and a negative return on equity of 10.50%. The company had revenue of $295.58 million for the quarter, compared to the consensus estimate of $295.05 million. Analysts forecast that Sportsman’s Warehouse will post -0.31 earnings per share for the current year.

Institutional Trading of Sportsman’s Warehouse

A number of institutional investors have recently added to or reduced their stakes in SPWH. Two Sigma Securities LLC purchased a new stake in shares of Sportsman’s Warehouse in the 2nd quarter valued at about $25,000. Squarepoint Ops LLC bought a new position in shares of Sportsman’s Warehouse during the 2nd quarter valued at about $28,000. Teton Advisors LLC raised its holdings in shares of Sportsman’s Warehouse by 14.3% during the 1st quarter. Teton Advisors LLC now owns 80,000 shares of the company’s stock valued at $113,000 after buying an additional 10,000 shares in the last quarter. NewEdge Advisors LLC bought a new stake in Sportsman’s Warehouse in the 1st quarter worth approximately $170,000. Finally, Empowered Funds LLC boosted its stake in Sportsman’s Warehouse by 5.6% in the first quarter. Empowered Funds LLC now owns 203,195 shares of the company’s stock worth $287,000 after buying an additional 10,837 shares in the last quarter. Hedge funds and other institutional investors own 83.04% of the company’s stock.

About Sportsman’s Warehouse

Sportsman’s Warehouse Holdings, Inc (NASDAQ:SPWH) operates a specialty outdoor sporting goods retailer serving hunting, shooting, fishing, camping, hiking and other outdoor recreation markets. The company sells products through its retail stores and e-commerce platform, offering merchandise for outdoor enthusiasts as well as equipment and supplies for recreational and competitive sportsmen and women.

Its product assortment generally includes firearms, ammunition, archery equipment, fishing tackle, camping gear, outdoor apparel, footwear, optics, knives and related accessories.