Analysts expect Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH) to announce sales of $241.69 million for the current quarter, according to Zacks Investment Research. Four analysts have issued estimates for Sportsman’s Warehouse’s earnings. The highest sales estimate is $243.10 million and the lowest is $240.35 million. Sportsman’s Warehouse reported sales of $243.17 million during the same quarter last year, which indicates a negative year over year growth rate of 0.6%. The business is expected to issue its next quarterly earnings report on Wednesday, March 27th.
On average, analysts expect that Sportsman’s Warehouse will report full year sales of $848.15 million for the current financial year, with estimates ranging from $846.80 million to $849.60 million. For the next fiscal year, analysts expect that the firm will post sales of $880.92 million, with estimates ranging from $875.30 million to $886.70 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of research firms that that provide coverage for Sportsman’s Warehouse.
Sportsman’s Warehouse (NASDAQ:SPWH) last posted its quarterly earnings results on Wednesday, November 28th. The company reported $0.26 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.26. The firm had revenue of $223.10 million for the quarter, compared to analyst estimates of $224.80 million. Sportsman’s Warehouse had a net margin of 2.24% and a return on equity of 43.04%. The firm’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.23 earnings per share.
A number of equities analysts recently commented on the stock. ValuEngine raised shares of Sportsman’s Warehouse from a “hold” rating to a “buy” rating in a research note on Wednesday, September 19th. DA Davidson raised their price objective on shares of Sportsman’s Warehouse from $7.00 to $8.00 and gave the stock a “buy” rating in a research note on Tuesday, September 25th. BidaskClub lowered shares of Sportsman’s Warehouse from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, October 3rd. Finally, Ifs Securities reaffirmed an “outperform” rating on shares of Sportsman’s Warehouse in a research note on Monday, November 26th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the stock. Sportsman’s Warehouse presently has an average rating of “Hold” and a consensus target price of $6.81.
In other Sportsman’s Warehouse news, insider Jon Barker purchased 6,000 shares of the business’s stock in a transaction dated Tuesday, December 4th. The shares were acquired at an average price of $4.39 per share, for a total transaction of $26,340.00. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, Director Richard D. Mcbee purchased 20,000 shares of the business’s stock in a transaction dated Monday, December 3rd. The shares were acquired at an average price of $4.52 per share, for a total transaction of $90,400.00. Following the acquisition, the director now directly owns 27,610 shares in the company, valued at approximately $124,797.20. The disclosure for this purchase can be found here. Insiders have acquired a total of 31,000 shares of company stock valued at $139,240 in the last three months. Company insiders own 2.20% of the company’s stock.
Institutional investors have recently added to or reduced their stakes in the company. Jane Street Group LLC bought a new position in Sportsman’s Warehouse in the 3rd quarter worth $102,000. Engineers Gate Manager LP bought a new position in Sportsman’s Warehouse in the 3rd quarter worth $108,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in Sportsman’s Warehouse in the 3rd quarter worth $130,000. AQR Capital Management LLC bought a new position in Sportsman’s Warehouse in the 3rd quarter worth $151,000. Finally, Dynamic Technology Lab Private Ltd bought a new position in Sportsman’s Warehouse in the 3rd quarter worth $183,000. Institutional investors and hedge funds own 87.64% of the company’s stock.
Sportsman’s Warehouse stock opened at $4.69 on Thursday. The company has a current ratio of 1.13, a quick ratio of 0.05 and a debt-to-equity ratio of 0.44. The company has a market capitalization of $191.51 million, a price-to-earnings ratio of 9.38, a price-to-earnings-growth ratio of 0.74 and a beta of -0.20. Sportsman’s Warehouse has a 1 year low of $3.66 and a 1 year high of $6.46.
Sportsman’s Warehouse Company Profile
Sportsman's Warehouse Holdings, Inc, together with its subsidiaries, operates as an outdoor sporting goods retailer in the United States. It offers camping products, such as backpacks, camp essentials, canoes and kayaks, coolers, outdoor cooking equipment, sleeping bags, tents, and tools; and clothing products, including camouflage, jackets, hats, outerwear, sportswear, technical gear, and work wear.
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