Shares of Sportsman's Warehouse Holdings Inc (NASDAQ:SPWH) have been assigned a consensus rating of “Hold” from the eleven brokerages that are covering the firm, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $6.07.
A number of research firms recently commented on SPWH. DA Davidson set a $7.00 price objective on Sportsman's Warehouse and gave the stock a “buy” rating in a research note on Wednesday, December 6th. Zacks Investment Research lowered Sportsman's Warehouse from a “hold” rating to a “sell” rating in a research note on Tuesday, November 21st. BidaskClub lowered Sportsman's Warehouse from a “buy” rating to a “hold” rating in a research note on Saturday, January 6th. Robert W. Baird reaffirmed a “buy” rating and issued a $8.00 price objective on shares of Sportsman's Warehouse in a research note on Wednesday, January 3rd. Finally, Ifs Securities raised Sportsman's Warehouse from a “market perform” rating to an “outperform” rating and set a $5.00 price objective on the stock in a research note on Friday, November 17th.
Shares of Sportsman's Warehouse (SPWH) traded up $0.24 during mid-day trading on Tuesday, hitting $5.25. The stock had a trading volume of 422,652 shares, compared to its average volume of 361,539. Sportsman's Warehouse has a 12-month low of $3.40 and a 12-month high of $6.99. The firm has a market capitalization of $223.54, a price-to-earnings ratio of 9.55, a price-to-earnings-growth ratio of 0.80 and a beta of -0.92. The company has a quick ratio of 0.03, a current ratio of 1.54 and a debt-to-equity ratio of 3.09.
Sportsman's Warehouse (NASDAQ:SPWH) last announced its quarterly earnings results on Thursday, November 16th. The company reported $0.23 EPS for the quarter, missing the Zacks’ consensus estimate of $0.24 by ($0.01). The firm had revenue of $218.10 million for the quarter, compared to analyst estimates of $222.59 million. Sportsman's Warehouse had a net margin of 2.84% and a return on equity of 71.55%. The business’s revenue for the quarter was up .4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.25 earnings per share. analysts forecast that Sportsman's Warehouse will post 0.57 EPS for the current year.
In related news, CFO Kevan P. Talbot acquired 13,000 shares of the business’s stock in a transaction that occurred on Monday, December 18th. The shares were bought at an average cost of $5.78 per share, with a total value of $75,140.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 4.15% of the stock is owned by insiders.
A number of hedge funds have recently modified their holdings of the business. Towle & Co. increased its holdings in Sportsman's Warehouse by 55.9% in the fourth quarter. Towle & Co. now owns 3,865,025 shares of the company’s stock worth $25,548,000 after purchasing an additional 1,385,209 shares in the last quarter. Boston Partners increased its holdings in Sportsman's Warehouse by 3.5% in the fourth quarter. Boston Partners now owns 2,836,248 shares of the company’s stock worth $18,748,000 after purchasing an additional 95,624 shares in the last quarter. BlackRock Inc. increased its holdings in Sportsman's Warehouse by 3.2% in the fourth quarter. BlackRock Inc. now owns 2,562,661 shares of the company’s stock worth $16,940,000 after purchasing an additional 80,211 shares in the last quarter. Boston Private Wealth LLC increased its holdings in Sportsman's Warehouse by 69.0% in the third quarter. Boston Private Wealth LLC now owns 2,112,000 shares of the company’s stock worth $9,525,000 after purchasing an additional 862,000 shares in the last quarter. Finally, Citadel Advisors LLC increased its holdings in Sportsman's Warehouse by 1.6% in the third quarter. Citadel Advisors LLC now owns 1,376,735 shares of the company’s stock worth $6,209,000 after purchasing an additional 21,053 shares in the last quarter.
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About Sportsman's Warehouse
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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