Equities analysts forecast that Sportsman's Warehouse Holdings Inc (NASDAQ:SPWH) will report earnings per share of $0.26 for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued estimates for Sportsman's Warehouse’s earnings, with the lowest EPS estimate coming in at $0.25 and the highest estimate coming in at $0.28. Sportsman's Warehouse posted earnings per share of $0.25 during the same quarter last year, which would suggest a positive year over year growth rate of 4%. The company is scheduled to report its next quarterly earnings results on Thursday, March 22nd.
According to Zacks, analysts expect that Sportsman's Warehouse will report full year earnings of $0.57 per share for the current financial year, with EPS estimates ranging from $0.56 to $0.58. For the next fiscal year, analysts expect that the firm will post earnings of $0.65 per share, with EPS estimates ranging from $0.60 to $0.73. Zacks Investment Research’s EPS averages are an average based on a survey of research analysts that cover Sportsman's Warehouse.
Several equities analysts recently commented on SPWH shares. Ifs Securities upgraded shares of Sportsman's Warehouse from a “market perform” rating to an “outperform” rating and set a $5.00 price target on the stock in a research note on Friday, November 17th. DA Davidson set a $7.00 price target on shares of Sportsman's Warehouse and gave the company a “buy” rating in a research note on Wednesday, December 6th. ValuEngine upgraded shares of Sportsman's Warehouse from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. BidaskClub upgraded shares of Sportsman's Warehouse from a “hold” rating to a “buy” rating in a research note on Saturday, December 30th. Finally, Robert W. Baird restated a “buy” rating and issued a $8.00 price target on shares of Sportsman's Warehouse in a research note on Wednesday, January 3rd. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the stock. Sportsman's Warehouse has an average rating of “Hold” and an average target price of $6.07.
In other news, CFO Kevan P. Talbot acquired 13,000 shares of Sportsman's Warehouse stock in a transaction on Monday, December 18th. The shares were purchased at an average cost of $5.78 per share, for a total transaction of $75,140.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 4.15% of the company’s stock.
A number of institutional investors have recently made changes to their positions in SPWH. Towle & Co. grew its stake in Sportsman's Warehouse by 55.9% during the fourth quarter. Towle & Co. now owns 3,865,025 shares of the company’s stock worth $25,548,000 after buying an additional 1,385,209 shares in the last quarter. Boston Private Wealth LLC grew its stake in Sportsman's Warehouse by 69.0% during the third quarter. Boston Private Wealth LLC now owns 2,112,000 shares of the company’s stock worth $9,525,000 after buying an additional 862,000 shares in the last quarter. Uniplan Investment Counsel Inc. acquired a new stake in Sportsman's Warehouse during the third quarter worth about $3,085,000. Tenzing Global Management LLC grew its stake in Sportsman's Warehouse by 200.0% during the fourth quarter. Tenzing Global Management LLC now owns 900,000 shares of the company’s stock worth $5,949,000 after buying an additional 600,000 shares in the last quarter. Finally, Weber Alan W grew its stake in Sportsman's Warehouse by 107.8% during the third quarter. Weber Alan W now owns 685,900 shares of the company’s stock worth $3,093,000 after buying an additional 355,900 shares in the last quarter. Hedge funds and other institutional investors own 97.75% of the company’s stock.
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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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