Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH) Director Richard D. Mcbee purchased 20,000 shares of the business’s stock in a transaction on Monday, December 3rd. The stock was acquired at an average price of $4.52 per share, with a total value of $90,400.00. Following the completion of the acquisition, the director now directly owns 27,610 shares in the company, valued at approximately $124,797.20. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link.
Shares of NASDAQ SPWH opened at $4.30 on Thursday. The company has a market cap of $184.63 million, a P/E ratio of 8.60, a PEG ratio of 0.71 and a beta of -0.28. The company has a quick ratio of 0.05, a current ratio of 1.13 and a debt-to-equity ratio of 0.44. Sportsman’s Warehouse Holdings Inc has a 52-week low of $3.66 and a 52-week high of $6.99.
Sportsman’s Warehouse (NASDAQ:SPWH) last released its quarterly earnings results on Wednesday, November 28th. The company reported $0.26 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.26. Sportsman’s Warehouse had a net margin of 2.24% and a return on equity of 43.04%. The company had revenue of $223.10 million during the quarter, compared to analysts’ expectations of $224.80 million. During the same quarter in the prior year, the company earned $0.23 earnings per share. The business’s quarterly revenue was up 2.3% compared to the same quarter last year. As a group, equities research analysts predict that Sportsman’s Warehouse Holdings Inc will post 0.61 earnings per share for the current year.
A number of equities analysts have weighed in on the stock. ValuEngine cut shares of Sportsman’s Warehouse from a “hold” rating to a “sell” rating in a research report on Friday, November 16th. Zacks Investment Research upgraded shares of Sportsman’s Warehouse from a “hold” rating to a “buy” rating and set a $6.75 price objective for the company in a report on Saturday, August 25th. DA Davidson set a $7.00 target price on shares of Sportsman’s Warehouse and gave the stock a “buy” rating in a report on Wednesday, August 15th. Ifs Securities reaffirmed an “outperform” rating on shares of Sportsman’s Warehouse in a research note on Monday, November 26th. Finally, BidaskClub downgraded shares of Sportsman’s Warehouse from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, October 3rd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company’s stock. Sportsman’s Warehouse has a consensus rating of “Hold” and a consensus target price of $6.81.
Several institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. raised its position in shares of Sportsman’s Warehouse by 19.2% in the third quarter. Vanguard Group Inc. now owns 1,837,433 shares of the company’s stock valued at $10,748,000 after purchasing an additional 295,727 shares during the period. Teachers Advisors LLC grew its stake in Sportsman’s Warehouse by 21.9% during the third quarter. Teachers Advisors LLC now owns 83,562 shares of the company’s stock worth $489,000 after buying an additional 14,998 shares in the last quarter. AQR Capital Management LLC acquired a new stake in Sportsman’s Warehouse during the third quarter worth about $151,000. Jane Street Group LLC acquired a new stake in shares of Sportsman’s Warehouse in the 3rd quarter valued at approximately $102,000. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in shares of Sportsman’s Warehouse in the 3rd quarter valued at approximately $183,000. 87.64% of the stock is currently owned by institutional investors.
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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.
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