Sportsman’s Warehouse (NASDAQ:SPWH) Posts Earnings Results, Beats Estimates By $0.12 EPS

Sportsman’s Warehouse (NASDAQ:SPWH) posted its quarterly earnings data on Tuesday. The company reported $0.04 earnings per share for the quarter, topping the consensus estimate of ($0.08) by $0.12, Zacks reports. Sportsman’s Warehouse had a negative return on equity of 11.72% and a negative net margin of 2.69%.

Sportsman’s Warehouse Price Performance

Shares of SPWH stock traded down $0.03 during mid-day trading on Tuesday, reaching $0.97. The company’s stock had a trading volume of 3,614,491 shares, compared to its average volume of 534,913. The company has a market cap of $36.63 million, a P/E ratio of -1.10 and a beta of 0.53. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.06 and a current ratio of 1.20. Sportsman’s Warehouse has a 1-year low of $0.92 and a 1-year high of $4.44. The firm’s 50-day moving average is $1.55 and its two-hundred day moving average is $2.18.

Analyst Upgrades and Downgrades

Separately, B. Riley upgraded Sportsman’s Warehouse from a “neutral” rating to a “buy” rating and upped their price target for the stock from $2.00 to $4.00 in a report on Wednesday, December 11th. Three investment analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $3.20.

Sportsman’s Warehouse Company Profile

Sportsman’s Warehouse Holdings, Inc engages in the retail of sporting and athletic goods. Its products include hunting and shooting, archery, fishing, camping, boating accessories, optics and electronics, knives and tools, and footwear. The company was founded in 1986 and is headquartered in West Jordan, UT.