Sportsman’s Warehouse (NASDAQ:SPWH) issued an update on its FY 2019
After-Hours earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.55-0.61 for the period, compared to the Thomson Reuters consensus estimate of $0.54. The company issued revenue guidance of $891-901 million, compared to the consensus revenue estimate of $892.3 million.Sportsman’s Warehouse also updated its Q4 2019
After-Hours guidance to 0.29-0.35 EPS.
Shares of NASDAQ:SPWH traded up $0.18 during midday trading on Wednesday, reaching $7.33. The company’s stock had a trading volume of 753,753 shares, compared to its average volume of 378,545. The firm has a market cap of $316.01 million, a price-to-earnings ratio of 12.22 and a beta of 0.36. 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 1 year low of $3.41 and a 1 year high of $7.67. The business has a 50 day moving average price of $6.95 and a 200 day moving average price of $4.94.
SPWH has been the subject of a number of recent analyst reports. Robert W. Baird lifted their price objective on Sportsman’s Warehouse from $4.00 to $5.00 and gave the company a neutral rating in a research report on Thursday, August 29th. Piper Jaffray Companies reaffirmed an overweight rating and issued a $8.00 price objective (up previously from $7.00) on shares of Sportsman’s Warehouse in a research report on Wednesday, October 2nd. ValuEngine raised Sportsman’s Warehouse from a sell rating to a hold rating in a research report on Tuesday. BidaskClub raised Sportsman’s Warehouse from a buy rating to a strong-buy rating in a research report on Sunday, October 13th. Finally, DA Davidson set a $6.00 price objective on Sportsman’s Warehouse and gave the company a buy rating in a research report on Monday, September 23rd. Two investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of Buy and a consensus price target of $5.88.
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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