Brokerages expect Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH) to post earnings of $0.12 per share for the current fiscal quarter, Zacks reports. Four analysts have provided estimates for Sportsman’s Warehouse’s earnings, with the lowest EPS estimate coming in at $0.11 and the highest estimate coming in at $0.13. Sportsman’s Warehouse posted earnings per share of $0.18 during the same quarter last year, which suggests a negative year-over-year growth rate of 33.3%. The business is scheduled to report its next quarterly earnings report on Thursday, August 22nd.
According to Zacks, analysts expect that Sportsman’s Warehouse will report full year earnings of $0.51 per share for the current year, with EPS estimates ranging from $0.48 to $0.54. For the next year, analysts forecast that the company will report earnings of $0.56 per share, with EPS estimates ranging from $0.50 to $0.60. Zacks Investment Research’s EPS averages are a mean average based on a survey of analysts that that provide coverage for Sportsman’s Warehouse.
Sportsman’s Warehouse (NASDAQ:SPWH) last issued its earnings results on Thursday, May 30th. The company reported ($0.12) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.10) by ($0.02). Sportsman’s Warehouse had a net margin of 2.86% and a return on equity of 34.24%. The company had revenue of $174.00 million during the quarter, compared to analyst estimates of $177.48 million. During the same quarter in the previous year, the firm earned ($0.08) earnings per share. The business’s revenue was down 3.4% on a year-over-year basis.
SPWH has been the subject of a number of research reports. ValuEngine upgraded Valmont Industries from a “sell” rating to a “hold” rating in a research note on Friday. Zacks Investment Research upgraded Icon from a “hold” rating to a “buy” rating and set a $157.00 price objective for the company in a research report on Thursday, May 30th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $7.56.
SPWH stock traded down $0.19 during midday trading on Wednesday, reaching $4.36. The company had a trading volume of 6,897 shares, compared to its average volume of 291,067. The company has a debt-to-equity ratio of 2.58, a current ratio of 1.05 and a quick ratio of 0.04. The stock’s 50 day moving average price is $3.86. Sportsman’s Warehouse has a fifty-two week low of $3.41 and a fifty-two week high of $6.69. The stock has a market cap of $196.11 million, a price-to-earnings ratio of 7.35, a PEG ratio of 0.89 and a beta of 0.28.
Hedge funds and other institutional investors have recently modified their holdings of the company. Connor Clark & Lunn Investment Management Ltd. boosted its position in shares of Sportsman’s Warehouse by 64.6% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 36,450 shares of the company’s stock worth $160,000 after buying an additional 14,300 shares during the period. Bank of America Corp DE increased its holdings in shares of Sportsman’s Warehouse by 78.1% in the fourth quarter. Bank of America Corp DE now owns 28,793 shares of the company’s stock valued at $127,000 after buying an additional 12,622 shares in the last quarter. Northern Trust Corp increased its holdings in shares of Sportsman’s Warehouse by 3.7% in the fourth quarter. Northern Trust Corp now owns 440,914 shares of the company’s stock valued at $1,931,000 after buying an additional 15,897 shares in the last quarter. O Shaughnessy Asset Management LLC bought a new position in shares of Sportsman’s Warehouse in the fourth quarter valued at $72,000. Finally, First Trust Advisors LP increased its holdings in shares of Sportsman’s Warehouse by 18.7% in the fourth quarter. First Trust Advisors LP now owns 68,108 shares of the company’s stock valued at $298,000 after buying an additional 10,717 shares in the last quarter. Institutional investors and hedge funds own 93.39% of the company’s stock.
Sportsman’s Warehouse Company Profile
Sportsman's Warehouse Holdings, Inc, together with its subsidiaries, operates as an outdoor sporting goods retailer in the United States. It offers camping products, such as backpacks, camp essentials, canoes and kayaks, coolers, outdoor cooking equipment, sleeping bags, tents, and tools; and clothing products, including camouflage, jackets, hats, outerwear, sportswear, technical gear, and work wear.
Further Reading: Return on Investment (ROI)
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