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

Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) has been assigned an average rating of “Hold” from the five research firms that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $2.5833.

Several equities analysts have recently weighed in on the company. Weiss Ratings raised Sportsman’s Warehouse from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, August 5th. Wall Street Zen upgraded Sportsman’s Warehouse from a “sell” rating to a “hold” rating in a research report on Saturday, June 6th. Finally, Zacks Research lowered shares of Sportsman’s Warehouse from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 6th.

Sportsman’s Warehouse Stock Up 0.8%

Shares of NASDAQ SPWH opened at $1.19 on Tuesday. The firm’s 50-day moving average price is $1.24 and its 200-day moving average price is $1.32. The company has a current ratio of 1.18, a quick ratio of 0.07 and a debt-to-equity ratio of 0.27. The stock has a market capitalization of $46.43 million, a price-to-earnings ratio of -0.92 and a beta of 0.42. Sportsman’s Warehouse has a 12-month low of $1.08 and a 12-month high of $3.67.

Sportsman’s Warehouse (NASDAQ:SPWH) last issued its quarterly earnings data 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 return on equity of 10.68% and a negative net margin of 4.17%.The company had revenue of $256.08 million for the quarter, compared to analysts’ expectations of $252.30 million. During the same period in the previous year, the firm posted ($0.56) earnings per share. On average, equities research analysts anticipate that Sportsman’s Warehouse will post -0.34 EPS for the current fiscal year.

Institutional Investors Weigh In On Sportsman’s Warehouse

Institutional investors have recently made changes to their positions in the company. Dynamic Technology Lab Private Ltd bought a new position in Sportsman’s Warehouse during the 4th quarter valued at about $41,000. SBI Securities Co. Ltd. raised its position in Sportsman’s Warehouse by 158,500.0% in the 4th quarter. SBI Securities Co. Ltd. now owns 31,720 shares of the company’s stock worth $46,000 after purchasing an additional 31,700 shares during the period. Prudential Financial Inc. bought a new stake in Sportsman’s Warehouse in the second quarter worth about $56,000. Centiva Capital LP bought a new stake in Sportsman’s Warehouse in the third quarter worth about $63,000. Finally, Teton Advisors LLC boosted its position in shares of Sportsman’s Warehouse by 14.3% during the first quarter. Teton Advisors LLC now owns 80,000 shares of the company’s stock valued at $113,000 after buying an additional 10,000 shares during the period. Institutional investors own 83.04% of the company’s stock.

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.