Other analysts have also issued research reports about the company. Piper Jaffray Companies reissued a hold rating and issued a $6.00 target price on shares of Sportsman’s Warehouse in a research report on Sunday, October 1st. MKM Partners reissued a buy rating and issued a $7.00 target price on shares of Sportsman’s Warehouse in a research report on Wednesday, August 16th. ValuEngine raised Sportsman’s Warehouse from a hold rating to a buy rating in a research report on Friday, December 1st. Ifs Securities reissued a market perform rating and issued a $5.00 target price on shares of Sportsman’s Warehouse in a research report on Friday, September 15th. Finally, Robert W. Baird restated a buy rating and issued a $7.00 price target on shares of Sportsman’s Warehouse in a research note on Thursday, September 21st. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company. The company presently has an average rating of Buy and a consensus price target of $6.56.
Shares of Sportsman’s Warehouse (NASDAQ SPWH) traded down $0.04 during midday trading on Wednesday, reaching $5.17. The company’s stock had a trading volume of 264,400 shares, compared to its average volume of 836,898. The stock has a market capitalization of $221.84, a price-to-earnings ratio of 9.47, a price-to-earnings-growth ratio of 0.92 and a beta of -0.66. The company has a current ratio of 1.54, a quick ratio of 0.03 and a debt-to-equity ratio of 3.09. Sportsman’s Warehouse has a 52 week low of $3.40 and a 52 week high of $9.86.
Sportsman’s Warehouse (NASDAQ:SPWH) last announced its earnings results on Thursday, November 16th. The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.01). The firm had revenue of $218.10 million during the quarter, compared to analysts’ expectations of $222.59 million. Sportsman’s Warehouse had a net margin of 2.84% and a return on equity of 71.55%. The firm’s revenue for the quarter was up .4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.25 EPS. analysts predict that Sportsman’s Warehouse will post 0.57 EPS for the current fiscal year.
Large investors have recently bought and sold shares of the business. Citigroup Inc. grew its stake in shares of Sportsman’s Warehouse by 21,205.2% during the second quarter. Citigroup Inc. now owns 157,019 shares of the company’s stock worth $848,000 after purchasing an additional 156,282 shares in the last quarter. Boston Partners grew its stake in shares of Sportsman’s Warehouse by 6.7% during the third quarter. Boston Partners now owns 2,740,624 shares of the company’s stock worth $12,360,000 after purchasing an additional 173,057 shares in the last quarter. Mesirow Financial Investment Management Inc. acquired a new position in shares of Sportsman’s Warehouse during the second quarter worth $271,000. Goodnow Investment Group LLC grew its stake in shares of Sportsman’s Warehouse by 125.3% during the second quarter. Goodnow Investment Group LLC now owns 488,812 shares of the company’s stock worth $2,640,000 after purchasing an additional 271,840 shares in the last quarter. Finally, Vanguard Group Inc. grew its stake in shares of Sportsman’s Warehouse by 14.4% during the first quarter. Vanguard Group Inc. now owns 1,315,965 shares of the company’s stock worth $6,290,000 after purchasing an additional 165,638 shares in the last quarter.
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Sportsman’s Warehouse Company Profile
Sportsman’s Warehouse Holdings, Inc is an outdoor sporting goods retailer. The Company has outdoor specialty store base in the Western United States and Alaska. The Company has over 70 stores across approximately 20 states, which are located in power, neighborhood and lifestyle centers. The Company also operates several single-unit, standalone locations.
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