Share on StockTwits

Sportsman's Warehouse Holdings (NASDAQ:SPWH) traded up 5% during trading on Wednesday following a stronger than expected earnings report, AnalystRatings.NET reports. The company traded as high as $9.11 and last traded at $9.03, with a volume of 205,221 shares. The stock had previously closed at $8.60.

The company reported ($0.05) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.07) by $0.02. The company had revenue of $132.40 million for the quarter, compared to the consensus estimate of $127.41 million. Sportsman's Warehouse Holdings’s revenue was down 3.0% compared to the same quarter last year.

SPWH has been the subject of a number of recent research reports. Analysts at DA Davidson initiated coverage on shares of Sportsman's Warehouse Holdings in a research note on Monday, May 12th. They set a “buy” rating and a $13.00 price target on the stock. Separately, analysts at Credit Suisse initiated coverage on shares of Sportsman's Warehouse Holdings in a research note on Monday, May 12th. They set an “outperform” rating and a $13.00 price target on the stock. Finally, analysts at William Blair initiated coverage on shares of Sportsman's Warehouse Holdings in a research note on Monday, May 12th. They set an “outperform” rating on the stock. Two analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $12.60.

The stock has a 50-day moving average of $9.4 and a 200-day moving average of $9.45. The company has a market cap of $373.2 million and a P/E ratio of 16.54.

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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.