Sportsman’s Warehouse (NASDAQ:SPWH) was upgraded by stock analysts at ValuEngine from a “hold” rating to a “buy” rating in a research note issued on Friday.

Several other research analysts also recently commented on the company. Ifs Securities raised Sportsman’s Warehouse from a “market perform” rating to an “outperform” rating and set a $5.00 target price for the company in a research note on Friday, November 17th. DA Davidson lowered their price objective on Sportsman’s Warehouse from $8.00 to $6.50 and set a “buy” rating for the company in a research note on Friday, November 17th. Forward View set a $4.00 price objective on Sportsman’s Warehouse and gave the company a “hold” rating in a research note on Saturday, August 26th. Piper Jaffray Companies set a $6.00 price objective on Sportsman’s Warehouse and gave the company a “hold” rating in a research note on Sunday, August 20th. Finally, Robert W. Baird reaffirmed a “buy” rating and issued a $7.00 price objective on shares of Sportsman’s Warehouse in a research note on Thursday, September 21st. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the stock. Sportsman’s Warehouse currently has a consensus rating of “Buy” and a consensus target price of $6.50.

Sportsman’s Warehouse (NASDAQ SPWH) traded up $0.18 on Friday, reaching $5.22. 955,343 shares of the company traded hands, compared to its average volume of 854,315. Sportsman’s Warehouse has a 1-year low of $3.40 and a 1-year high of $9.86. The company has a debt-to-equity ratio of 3.09, a current ratio of 1.54 and a quick ratio of 0.03. The company has a market capitalization of $214.60, a PE ratio of 9.16, a price-to-earnings-growth ratio of 0.89 and a beta of -0.68.

Sportsman’s Warehouse (NASDAQ:SPWH) last posted its quarterly earnings data on Thursday, November 16th. The company reported $0.23 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.24 by ($0.01). Sportsman’s Warehouse had a return on equity of 71.55% and a net margin of 2.84%. The firm had revenue of $218.10 million for the quarter, compared to the consensus estimate of $222.59 million. During the same period in the prior year, the company earned $0.25 EPS. The company’s revenue for the quarter was up .4% compared to the same quarter last year. sell-side analysts anticipate that Sportsman’s Warehouse will post 0.57 EPS for the current fiscal year.

Large investors have recently added to or reduced their stakes in the business. Citigroup Inc. boosted its holdings in shares of Sportsman’s Warehouse by 21,205.2% during the 2nd quarter. Citigroup Inc. now owns 157,019 shares of the company’s stock worth $848,000 after buying an additional 156,282 shares in the last quarter. Boston Partners lifted its holdings in shares of Sportsman’s Warehouse by 6.7% in the 3rd quarter. Boston Partners now owns 2,740,624 shares of the company’s stock worth $12,360,000 after purchasing an additional 173,057 shares in the last quarter. Mesirow Financial Investment Management Inc. bought a new position in shares of Sportsman’s Warehouse in the 2nd quarter worth $271,000. Goodnow Investment Group LLC lifted its holdings in shares of Sportsman’s Warehouse by 125.3% in the 2nd quarter. Goodnow Investment Group LLC now owns 488,812 shares of the company’s stock worth $2,640,000 after purchasing an additional 271,840 shares in the last quarter. Finally, Vanguard Group Inc. lifted its holdings in shares of Sportsman’s Warehouse by 14.4% in the 1st quarter. Vanguard Group Inc. now owns 1,315,965 shares of the company’s stock worth $6,290,000 after purchasing an additional 165,638 shares in the last quarter. 99.86% of the stock is owned by institutional investors and hedge funds.

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

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