Sportsman’s Warehouse (NASDAQ:SPWH) has been given a $7.00 price objective by DA Davidson in a research note issued to investors on Wednesday. The firm presently has a “buy” rating on the stock. DA Davidson’s price objective indicates a potential upside of 34.36% from the company’s current price.

Several other equities research analysts have also issued reports on SPWH. MKM Partners reissued a “buy” rating and set a $7.00 target price on shares of Sportsman’s Warehouse in a research note on Wednesday, August 16th. Piper Jaffray Companies set a $6.00 target price on shares of Sportsman’s Warehouse and gave the stock a “hold” rating in a research note on Sunday, August 20th. Forward View set a $4.00 target price on shares of Sportsman’s Warehouse and gave the stock a “hold” rating in a research note on Saturday, August 26th. ValuEngine lowered shares of Sportsman’s Warehouse from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Finally, Ifs Securities reaffirmed a “market perform” rating and issued a $5.00 price target on shares of Sportsman’s Warehouse in a research note on Friday, September 15th. One analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $6.56.

Sportsman’s Warehouse (SPWH) traded down $0.21 during mid-day trading on Wednesday, hitting $5.21. 642,900 shares of the stock traded hands, compared to its average volume of 839,345. The company has a debt-to-equity ratio of 3.09, a quick ratio of 0.03 and a current ratio of 1.54. Sportsman’s Warehouse has a twelve month low of $3.40 and a twelve month high of $9.86. The stock has a market cap of $230.78, a price-to-earnings ratio of 9.85, a P/E/G ratio of 0.96 and a beta of -0.66.

Sportsman’s Warehouse (NASDAQ:SPWH) last posted its earnings results on Thursday, November 16th. The company reported $0.23 earnings per share (EPS) for the quarter, missing the 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 analysts’ expectations of $222.59 million. During the same period in the previous year, the company earned $0.25 earnings per share. The company’s revenue was up .4% compared to the same quarter last year. research analysts expect that Sportsman’s Warehouse will post 0.57 EPS for the current year.

A number of institutional investors have recently modified their holdings of SPWH. Towle & Co. purchased a new position in Sportsman’s Warehouse in the 3rd quarter worth approximately $11,184,000. Boston Private Wealth LLC purchased a new position in Sportsman’s Warehouse in the 2nd quarter worth approximately $6,750,000. Uniplan Investment Counsel Inc. purchased a new position in Sportsman’s Warehouse in the 3rd quarter worth approximately $3,085,000. Weber Alan W lifted its stake in Sportsman’s Warehouse by 107.8% in the 3rd quarter. Weber Alan W now owns 685,900 shares of the company’s stock worth $3,093,000 after purchasing an additional 355,900 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in Sportsman’s Warehouse by 55.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 965,506 shares of the company’s stock worth $5,214,000 after purchasing an additional 345,564 shares in the last quarter.

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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.

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

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