A number of other research firms have also recently issued reports on SPWH. DA Davidson set a $6.00 target price on Sportsman’s Warehouse and gave the company a “buy” rating in a research note on Thursday, August 29th. They noted that the move was a valuation call. Robert W. Baird boosted their target price on Sportsman’s Warehouse from $4.00 to $5.00 and gave the company a “neutral” rating in a research note on Thursday, August 29th. Finally, Zacks Investment Research raised Sportsman’s Warehouse from a “hold” rating to a “buy” rating and set a $4.50 target price for the company in a research note on Tuesday, September 3rd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $5.88.
Shares of Sportsman’s Warehouse stock traded up $0.06 during trading on Tuesday, reaching $5.04. 15,088 shares of the company were exchanged, compared to its average volume of 300,362. The company has a quick ratio of 0.05, a current ratio of 1.04 and a debt-to-equity ratio of 2.31. Sportsman’s Warehouse has a twelve month low of $3.41 and a twelve month high of $6.69. The business has a 50-day moving average price of $4.10 and a 200-day moving average price of $4.46. The firm has a market capitalization of $209.67 million, a price-to-earnings ratio of 8.30, a P/E/G ratio of 0.91 and a beta of 0.22.
Sportsman’s Warehouse (NASDAQ:SPWH) last announced its quarterly earnings data on Wednesday, August 28th. The company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.01. Sportsman’s Warehouse had a return on equity of 27.73% and a net margin of 2.71%. The business had revenue of $211.80 million during the quarter, compared to analysts’ expectations of $207.31 million. During the same period in the previous year, the firm earned $0.18 earnings per share. The firm’s quarterly revenue was up 4.2% compared to the same quarter last year. On average, equities research analysts forecast that Sportsman’s Warehouse will post 0.53 EPS for the current fiscal year.
Several hedge funds have recently bought and sold shares of SPWH. Bank of America Corp DE raised its holdings in Sportsman’s Warehouse by 78.1% during the fourth quarter. Bank of America Corp DE now owns 28,793 shares of the company’s stock worth $127,000 after acquiring an additional 12,622 shares in the last quarter. BNP Paribas Arbitrage SA raised its holdings in Sportsman’s Warehouse by 251.1% during the first quarter. BNP Paribas Arbitrage SA now owns 7,742 shares of the company’s stock worth $37,000 after acquiring an additional 5,537 shares in the last quarter. Wedge Capital Management L L P NC raised its holdings in Sportsman’s Warehouse by 17.2% during the first quarter. Wedge Capital Management L L P NC now owns 82,324 shares of the company’s stock worth $395,000 after acquiring an additional 12,077 shares in the last quarter. BerganKDV Wealth Management LLC bought a new stake in Sportsman’s Warehouse during the first quarter worth about $120,000. Finally, O Shaughnessy Asset Management LLC raised its holdings in Sportsman’s Warehouse by 145.9% during the first quarter. O Shaughnessy Asset Management LLC now owns 40,533 shares of the company’s stock worth $195,000 after acquiring an additional 24,051 shares in the last quarter. 92.60% of the stock is owned by institutional investors.
About Sportsman’s Warehouse
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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