Sportsman's Warehouse Holdings Inc (SPWH) Receives Consensus Rating of “Hold” from Analysts

Shares of Sportsman's Warehouse Holdings Inc (NASDAQ:SPWH) have been given a consensus rating of “Hold” by the eleven brokerages that are presently covering the stock, Marketbeat reports. Six investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $6.07.

Several equities research analysts recently weighed in on SPWH shares. Piper Jaffray Companies set a $5.00 target price on Sportsman's Warehouse and gave the stock a “hold” rating in a research note on Thursday, November 16th. Zacks Investment Research cut Sportsman's Warehouse from a “hold” rating to a “sell” rating in a research note on Wednesday, January 10th. DA Davidson set a $8.00 target price on Sportsman's Warehouse and gave the stock a “buy” rating in a research note on Monday, October 16th. ValuEngine upgraded Sportsman's Warehouse from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Finally, BidaskClub upgraded Sportsman's Warehouse from a “hold” rating to a “buy” rating in a research note on Saturday, December 30th.

In other news, CFO Kevan P. Talbot acquired 13,000 shares of Sportsman's Warehouse stock in a transaction on Monday, December 18th. The stock was bought at an average price of $5.78 per share, for a total transaction of $75,140.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 4.15% of the stock is currently owned by insiders.

Hedge funds and other institutional investors have recently modified their holdings of the business. Nationwide Fund Advisors lifted its stake in Sportsman's Warehouse 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 buying an additional 5,442 shares during the last quarter. Gotham Asset Management LLC purchased a new stake in Sportsman's Warehouse in the second quarter valued at approximately $114,000. The Manufacturers Life Insurance Company lifted its stake in Sportsman's Warehouse by 41.2% in the second quarter. The Manufacturers Life Insurance Company now owns 31,397 shares of the company’s stock valued at $169,000 after buying an additional 9,156 shares during the last quarter. Yellowstone Partners LLC purchased a new stake in Sportsman's Warehouse in the third quarter valued at approximately $196,000. Finally, Engineers Gate Manager LP purchased a new stake in Sportsman's Warehouse in the fourth quarter valued at approximately $207,000.

Shares of Sportsman's Warehouse (NASDAQ:SPWH) traded down $0.29 during trading on Tuesday, hitting $4.80. The stock had a trading volume of 484,400 shares, compared to its average volume of 528,278. Sportsman's Warehouse has a 1-year low of $3.40 and a 1-year high of $6.99. The firm has a market capitalization of $204.38, a P/E ratio of 9.06, a PEG ratio of 0.78 and a beta of -0.92. 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 (NASDAQ:SPWH) last announced its quarterly earnings data on Thursday, November 16th. The company reported $0.23 EPS for the quarter, missing the Zacks’ consensus estimate of $0.24 by ($0.01). The company had revenue of $218.10 million for the quarter, compared to analyst estimates of $222.59 million. Sportsman's Warehouse had a return on equity of 71.55% and a net margin of 2.84%. The business’s quarterly revenue was up .4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.25 earnings per share. analysts forecast that Sportsman's Warehouse will post 0.57 EPS for the current year.

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About Sportsman's Warehouse

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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