Wall Street brokerages expect that Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) will post earnings of $0.28 per share for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued estimates for Sportsman’s Warehouse’s earnings. The highest EPS estimate is $0.32 and the lowest is $0.25. Sportsman’s Warehouse reported earnings of $0.25 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 12%. The company is expected to announce its next earnings results on Thursday, March 22nd.

On average, analysts expect that Sportsman’s Warehouse will report full year earnings of $0.59 per share for the current fiscal year, with EPS estimates ranging from $0.56 to $0.63. For the next year, analysts expect that the company will post earnings of $0.63 per share, with EPS estimates ranging from $0.58 to $0.73. Zacks Investment Research’s EPS calculations are a mean average based on a survey of analysts that cover Sportsman’s Warehouse.

Sportsman’s Warehouse (NASDAQ:SPWH) last released its quarterly earnings results on Thursday, November 16th. The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.01). The firm had revenue of $218.10 million for the quarter, compared to analysts’ expectations of $222.59 million. Sportsman’s Warehouse had a return on equity of 71.55% and a net margin of 2.84%. The company’s quarterly revenue was up .4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.25 EPS.

A number of research analysts recently issued reports on SPWH shares. Robert W. Baird restated a “buy” rating and set a $7.00 price target on shares of Sportsman’s Warehouse in a research note on Thursday, September 21st. DA Davidson set a $8.00 price target on Sportsman’s Warehouse and gave the stock a “buy” rating in a research note on Monday, October 16th. MKM Partners restated a “buy” rating and set a $7.00 price target on shares of Sportsman’s Warehouse in a research note on Wednesday, August 16th. ValuEngine upgraded Sportsman’s Warehouse from a “hold” rating to a “buy” rating in a research note on Friday. Finally, Piper Jaffray Companies set a $5.00 price target on Sportsman’s Warehouse and gave the stock a “hold” rating in a research note on Thursday, November 16th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company’s stock. Sportsman’s Warehouse has a consensus rating of “Buy” and an average target price of $6.50.

Several hedge funds have recently made changes to their positions in SPWH. Towle & Co. purchased a new position in shares of Sportsman’s Warehouse in the 3rd quarter valued at approximately $11,184,000. Boston Private Wealth LLC purchased a new position in shares of Sportsman’s Warehouse in the 2nd quarter valued at approximately $6,750,000. Uniplan Investment Counsel Inc. purchased a new position in shares of Sportsman’s Warehouse in the 3rd quarter valued at approximately $3,085,000. Weber Alan W grew its stake in shares of Sportsman’s Warehouse by 107.8% in the 3rd quarter. Weber Alan W now owns 685,900 shares of the company’s stock valued at $3,093,000 after purchasing an additional 355,900 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in shares of Sportsman’s Warehouse by 55.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 965,506 shares of the company’s stock valued at $5,214,000 after purchasing an additional 345,564 shares during the last quarter. Institutional investors own 99.86% of the company’s stock.

Sportsman’s Warehouse (SPWH) traded up $0.18 during trading hours on Friday, reaching $5.22. The company had a trading volume of 955,343 shares, compared to its average volume of 854,315. The stock has a market cap of $214.60, a P/E ratio of 9.16, a PEG ratio of 0.89 and a beta of -0.68. 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 has a 12-month low of $3.40 and a 12-month high of $9.86.

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Sportsman’s Warehouse 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.

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Earnings History and Estimates for Sportsman`s Warehouse (NASDAQ:SPWH)

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