Shares of Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) have been assigned an average rating of “Hold” from the ten research firms that are presently covering the firm, MarketBeat reports. Five research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $6.81.

SPWH has been the subject of several analyst reports. Ifs Securities reissued a “market perform” rating and issued a $5.00 target price on shares of Sportsman’s Warehouse Holdings in a report on Friday, September 15th. Forward View set a $4.00 target price on shares of Sportsman’s Warehouse Holdings and gave the stock a “hold” rating in a report on Saturday, August 26th. Piper Jaffray Companies set a $6.00 target price on shares of Sportsman’s Warehouse Holdings and gave the stock a “hold” rating in a report on Sunday, August 20th. ValuEngine lowered shares of Sportsman’s Warehouse Holdings from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Finally, Robert W. Baird reissued a “buy” rating and issued a $7.00 target price on shares of Sportsman’s Warehouse Holdings in a report on Thursday, September 21st.

Sportsman’s Warehouse Holdings (NASDAQ SPWH) remained flat at $4.36 during trading on Wednesday. The stock had a trading volume of 522,518 shares. Sportsman’s Warehouse Holdings has a one year low of $3.40 and a one year high of $10.81. The company has a 50-day moving average of $4.32 and a 200-day moving average of $4.71. The firm has a market capitalization of $185.64 million, a P/E ratio of 7.93 and a beta of -0.79.

Sportsman’s Warehouse Holdings (NASDAQ:SPWH) last released its earnings results on Thursday, August 17th. The company reported $0.15 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.13 by $0.02. The company had revenue of $191.50 million during the quarter, compared to analyst estimates of $191.28 million. Sportsman’s Warehouse Holdings had a net margin of 2.94% and a return on equity of 90.52%. The firm’s quarterly revenue was up .9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.20 EPS. Equities research analysts expect that Sportsman’s Warehouse Holdings will post $0.63 earnings per share for the current fiscal year.

In related news, insider Jon Barker acquired 14,000 shares of the business’s stock in a transaction on Wednesday, August 23rd. The stock was acquired at an average cost of $4.13 per share, with a total value of $57,820.00. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Kay L. Toolson acquired 10,000 shares of the business’s stock in a transaction on Thursday, July 13th. The shares were bought at an average cost of $5.00 per share, with a total value of $50,000.00. The disclosure for this purchase can be found here. Company insiders own 4.15% of the company’s stock.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Nationwide Fund Advisors grew its holdings in shares of Sportsman’s Warehouse Holdings by 35.8% in the second quarter. Nationwide Fund Advisors now owns 20,626 shares of the company’s stock valued at $111,000 after purchasing an additional 5,442 shares in the last quarter. Karp Capital Management Corp purchased a new position in shares of Sportsman’s Warehouse Holdings in the first quarter valued at $100,000. Gotham Asset Management LLC purchased a new position in shares of Sportsman’s Warehouse Holdings in the second quarter valued at $114,000. Marshall Wace North America L.P. purchased a new position in shares of Sportsman’s Warehouse Holdings in the second quarter valued at $109,000. Finally, Goldman Sachs Group Inc. grew its holdings in shares of Sportsman’s Warehouse Holdings by 71.1% in the first quarter. Goldman Sachs Group Inc. now owns 23,956 shares of the company’s stock valued at $115,000 after purchasing an additional 9,952 shares in the last quarter. 88.42% of the stock is owned by institutional investors and hedge funds.

ILLEGAL ACTIVITY NOTICE: This piece was first reported by American Banking News and is the property of of American Banking News. If you are viewing this piece on another publication, it was stolen and reposted in violation of U.S. and international copyright legislation. The correct version of this piece can be viewed at https://www.americanbankingnews.com/2017/10/11/sportsmans-warehouse-holdings-inc-spwh-receives-consensus-rating-of-hold-from-brokerages.html.

Sportsman’s Warehouse Holdings 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.

Analyst Recommendations for Sportsman`s Warehouse Holdings (NASDAQ:SPWH)

Receive News & Ratings for Sportsman's Warehouse Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sportsman's Warehouse Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.