Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) Receives Consensus Rating of “Hold” from Brokerages

Shares of Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) have been given an average rating of “Hold” by the five analysts that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $2.9375.

Several equities analysts recently issued reports on the stock. Wall Street Zen cut shares of Sportsman’s Warehouse from a “sell” rating to a “strong sell” rating in a research note on Sunday, April 12th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Sportsman’s Warehouse in a research note on Monday, December 29th.

Sportsman’s Warehouse Stock Performance

Shares of NASDAQ SPWH opened at $1.58 on Friday. The company has a current ratio of 1.36, a quick ratio of 0.10 and a debt-to-equity ratio of 0.24. Sportsman’s Warehouse has a 12 month low of $1.08 and a 12 month high of $4.33. The company has a 50 day simple moving average of $1.34 and a two-hundred day simple moving average of $1.75. The stock has a market cap of $61.31 million, a price-to-earnings ratio of -1.22 and a beta of 0.46.

Sportsman’s Warehouse (NASDAQ:SPWH) last posted its earnings results on Tuesday, March 31st. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by ($0.01). Sportsman’s Warehouse had a negative net margin of 4.14% and a negative return on equity of 10.30%. The firm had revenue of $334.86 million during the quarter, compared to analyst estimates of $334.89 million. As a group, analysts predict that Sportsman’s Warehouse will post -0.65 earnings per share for the current year.

Hedge Funds Weigh In On Sportsman’s Warehouse

Large investors have recently made changes to their positions in the company. Prudential Financial Inc. acquired a new position in shares of Sportsman’s Warehouse in the 2nd quarter valued at $56,000. Centiva Capital LP acquired a new position in shares of Sportsman’s Warehouse in the 3rd quarter valued at $63,000. Dynamic Technology Lab Private Ltd purchased a new stake in Sportsman’s Warehouse in the 4th quarter worth $41,000. SBI Securities Co. Ltd. increased its holdings 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 acquiring an additional 31,700 shares in the last quarter. Finally, XTX Topco Ltd purchased a new stake in Sportsman’s Warehouse in the 2nd quarter worth $189,000. 83.04% of the stock is currently owned by institutional investors and hedge funds.

About Sportsman’s Warehouse

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.