Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) Given Average Rating of “Moderate Buy” by Analysts

Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) has earned an average recommendation of “Moderate Buy” from the five brokerages that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $2.5833.

A number of analysts have commented on the company. Wall Street Zen upgraded Sportsman’s Warehouse from a “sell” rating to a “hold” rating in a research report on Saturday, June 6th. Zacks Research upgraded shares of Sportsman’s Warehouse from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 8th. Finally, Weiss Ratings cut shares of Sportsman’s Warehouse from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Tuesday, July 21st.

Institutional Trading of Sportsman’s Warehouse

Several large investors have recently modified their holdings of the business. Union Square Park Capital Management LLC raised its holdings in shares of Sportsman’s Warehouse by 9.3% in the first quarter. Union Square Park Capital Management LLC now owns 2,600,802 shares of the company’s stock worth $3,667,000 after acquiring an additional 222,121 shares during the last quarter. Vanguard Group Inc. increased its position in Sportsman’s Warehouse by 2.7% during the 3rd quarter. Vanguard Group Inc. now owns 1,768,481 shares of the company’s stock worth $4,899,000 after purchasing an additional 46,929 shares in the last quarter. Archon Capital Management LLC increased its position in Sportsman’s Warehouse by 51.6% during the 4th quarter. Archon Capital Management LLC now owns 1,668,905 shares of the company’s stock worth $2,437,000 after purchasing an additional 568,151 shares in the last quarter. Marshall Wace LLP raised its stake in Sportsman’s Warehouse by 23.2% in the 2nd quarter. Marshall Wace LLP now owns 1,361,280 shares of the company’s stock valued at $4,696,000 after purchasing an additional 256,768 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its stake in Sportsman’s Warehouse by 12.8% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,220,990 shares of the company’s stock valued at $3,382,000 after purchasing an additional 138,213 shares during the last quarter. 83.04% of the stock is currently owned by institutional investors and hedge funds.

Sportsman’s Warehouse Stock Performance

NASDAQ:SPWH opened at $1.15 on Tuesday. The firm’s fifty day simple moving average is $1.25 and its 200-day simple moving average is $1.33. The company has a quick ratio of 0.07, a current ratio of 1.18 and a debt-to-equity ratio of 0.27. The stock has a market cap of $44.87 million, a PE ratio of -0.88 and a beta of 0.42. Sportsman’s Warehouse has a fifty-two week low of $1.08 and a fifty-two week high of $3.70.

Sportsman’s Warehouse (NASDAQ:SPWH) last issued its earnings results on Tuesday, June 2nd. The company reported ($0.39) earnings per share for the quarter, topping the consensus estimate of ($0.58) by $0.19. Sportsman’s Warehouse had a negative net margin of 4.17% and a negative return on equity of 10.68%. The company had revenue of $256.08 million for the quarter, compared to analyst estimates of $252.30 million. During the same period in the prior year, the business posted ($0.56) earnings per share. Analysts expect that Sportsman’s Warehouse will post -0.34 earnings per share for the current fiscal year.

About Sportsman’s Warehouse

Sportsman’s Warehouse, Inc (NASDAQ: SPWH) operates as a specialty retailer of hunting, shooting, fishing, camping and related outdoor sports equipment in the United States. The company’s brick-and-mortar footprint comprises over 100 retail locations across more than 20 states, complemented by an e-commerce platform that serves anglers and outdoorsmen nationwide. By focusing on core outdoor activities, Sportsman’s Warehouse delivers a comprehensive shopping experience for enthusiasts of all skill levels.

The retailer’s product assortment includes firearms and ammunition, archery gear, fishing tackle and boats, camping supplies, outdoor apparel and footwear, water sports equipment and pet supplies.