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Sportsman's Warehouse Holdings (NASDAQ:SPWH) was upgraded by research analysts at Robert W. Baird from a “neutral” rating to an “outperform” rating in a report released on Monday, TheFlyOnTheWall.com reports. The firm currently has a $9.00 price target on the stock, down from their previous price target of $10.00. Robert W. Baird’s target price points to a potential upside of 48.76% from the stock’s previous close. The analysts noted that the move was a valuation call.

Shares of Sportsman's Warehouse Holdings (NASDAQ:SPWH) traded up 3.39% on Monday, hitting $6.255. The stock had a trading volume of 43,316 shares. Sportsman's Warehouse Holdings has a 52-week low of $5.43 and a 52-week high of $11.00. The stock has a 50-day moving average of $6.58 and a 200-day moving average of $8.10. The company has a market cap of $260.8 million and a P/E ratio of 18.28.

Sportsman's Warehouse Holdings (NASDAQ:SPWH) last announced its earnings results on Tuesday, June 10th. The company reported ($0.05) EPS for the quarter, beating the Thomson Reuters 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. The company’s quarterly revenue was down 3.0% on a year-over-year basis. On average, analysts predict that Sportsman's Warehouse Holdings will post $0.51 earnings per share for the current fiscal year.

Separately, analysts at Wells Fargo & Co. upgraded shares of Sportsman's Warehouse Holdings from a “market perform” rating to an “outperform” rating in a research note on Thursday, August 7th. Seven investment analysts have rated the stock with a buy rating, The company presently has an average rating of “Buy” and a consensus target price of $12.40.

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.

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