Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) Receives $2.88 Average PT from Analysts

Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) has been assigned an average recommendation of “Moderate Buy” from the seven analysts that are presently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $2.8750.

SPWH has been the subject of a number of research reports. Robert W. Baird lowered their target price on Sportsman’s Warehouse from $3.50 to $2.00 and set a “neutral” rating for the company in a research note on Friday, December 5th. Wall Street Zen raised shares of Sportsman’s Warehouse from a “sell” rating to a “hold” rating in a report on Saturday. Weiss Ratings restated a “sell (e+)” rating on shares of Sportsman’s Warehouse in a research report on Monday, December 29th. Finally, Roth Capital reduced their target price on shares of Sportsman’s Warehouse from $4.25 to $2.25 and set a “buy” rating on the stock in a research report on Friday, December 5th.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Union Square Park Capital Management LLC increased its stake in shares of Sportsman’s Warehouse by 11.4% in the 3rd quarter. Union Square Park Capital Management LLC now owns 1,782,023 shares of the company’s stock valued at $4,936,000 after buying an additional 182,023 shares during the period. Vanguard Group Inc. boosted its holdings in Sportsman’s Warehouse by 2.7% in the third quarter. Vanguard Group Inc. now owns 1,768,481 shares of the company’s stock valued at $4,899,000 after acquiring an additional 46,929 shares during the last quarter. JB Capital Partners LP boosted its holdings in Sportsman’s Warehouse by 6.1% in the second quarter. JB Capital Partners LP now owns 1,710,794 shares of the company’s stock valued at $5,902,000 after acquiring an additional 99,000 shares during the last quarter. Marshall Wace LLP increased its position in Sportsman’s Warehouse by 23.2% in the second quarter. Marshall Wace LLP now owns 1,361,280 shares of the company’s stock worth $4,696,000 after purchasing an additional 256,768 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its holdings in Sportsman’s Warehouse by 12.8% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,220,990 shares of the company’s stock worth $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.

Sportsman’s Warehouse Stock Performance

NASDAQ:SPWH opened at $1.46 on Friday. The stock has a market capitalization of $56.18 million, a P/E ratio of -1.51 and a beta of 0.57. The company has a current ratio of 1.20, a quick ratio of 0.06 and a debt-to-equity ratio of 0.21. Sportsman’s Warehouse has a 1 year low of $0.92 and a 1 year high of $4.33. The firm has a 50 day moving average of $1.90 and a 200-day moving average of $2.70.

Sportsman’s Warehouse (NASDAQ:SPWH) last released its quarterly earnings results on Thursday, December 4th. The company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.01). Sportsman’s Warehouse had a negative return on equity of 7.20% and a negative net margin of 3.05%.The business had revenue of $331.32 million for the quarter, compared to the consensus estimate of $331.11 million. As a group, sell-side analysts anticipate that Sportsman’s Warehouse will post -0.65 EPS for the current fiscal year.

Sportsman’s Warehouse Company Profile

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.