Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) have earned an average recommendation of “Moderate Buy” from the seven analysts that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating on the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $2.8750.

SPWH has been the subject of a number of recent analyst reports. Wall Street Zen cut shares of Sportsman’s Warehouse from a “hold” rating to a “sell” rating in a research report on Saturday, December 20th. Roth Capital decreased their price objective on shares of Sportsman’s Warehouse from $4.25 to $2.25 and set a “buy” rating on the stock in a research note on Friday, December 5th. Robert W. Baird dropped their price objective on shares of Sportsman’s Warehouse from $3.50 to $2.00 and set a “neutral” rating for the company in a report on Friday, December 5th. Lake Street Capital lifted their target price on shares of Sportsman’s Warehouse from $3.00 to $3.50 and gave the company a “buy” rating in a research note on Friday, September 5th. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of Sportsman’s Warehouse in a research report on Monday.

Institutional Trading of Sportsman’s Warehouse

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Union Square Park Capital Management LLC raised its holdings in shares of Sportsman’s Warehouse by 11.4% in the third quarter. Union Square Park Capital Management LLC now owns 1,782,023 shares of the company’s stock valued at $4,936,000 after buying an additional 182,023 shares during the last quarter. Vanguard Group Inc. grew its holdings in Sportsman’s Warehouse by 2.7% during the 3rd quarter. Vanguard Group Inc. now owns 1,768,481 shares of the company’s stock worth $4,899,000 after acquiring an additional 46,929 shares during the last quarter. JB Capital Partners LP increased its position in Sportsman’s Warehouse by 6.1% in the 2nd quarter. JB Capital Partners LP now owns 1,710,794 shares of the company’s stock valued at $5,902,000 after acquiring an additional 99,000 shares in the last quarter. Marshall Wace LLP raised its stake in shares of Sportsman’s Warehouse by 23.2% in the second quarter. Marshall Wace LLP now owns 1,361,280 shares of the company’s stock worth $4,696,000 after acquiring an additional 256,768 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its stake in shares of Sportsman’s Warehouse by 12.8% in the third quarter. Arrowstreet Capital Limited Partnership now owns 1,220,990 shares of the company’s stock worth $3,382,000 after acquiring an additional 138,213 shares during the last quarter. 83.04% of the stock is currently owned by institutional investors and hedge funds.

Sportsman’s Warehouse Price Performance

Sportsman’s Warehouse stock opened at $1.46 on Friday. The business has a 50 day simple moving average of $1.92 and a 200 day simple moving average of $2.73. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.20 and a quick ratio of 0.06. The company has a market capitalization of $56.18 million, a PE ratio of -1.51 and a beta of 0.57. Sportsman’s Warehouse has a one year low of $0.92 and a one year high of $4.33.

Sportsman’s Warehouse (NASDAQ:SPWH) last announced its quarterly earnings results on Thursday, December 4th. The company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.01). The company had revenue of $331.32 million during the quarter, compared to the consensus estimate of $331.11 million. Sportsman’s Warehouse had a negative net margin of 3.05% and a negative return on equity of 7.20%. On average, sell-side analysts forecast that Sportsman’s Warehouse will post -0.65 EPS for the current fiscal year.

About Sportsman’s Warehouse

Sportsman’s Warehouse, Inc (NASDAQ: SPWH) operates as a specialty retailer of hunting, shooting, fishing, camping and related outdoor sports equipment in the United States. The company’s brick-and-mortar footprint comprises over 100 retail locations across more than 20 states, complemented by an e-commerce platform that serves anglers and outdoorsmen nationwide. By focusing on core outdoor activities, Sportsman’s Warehouse delivers a comprehensive shopping experience for enthusiasts of all skill levels.

The retailer’s product assortment includes firearms and ammunition, archery gear, fishing tackle and boats, camping supplies, outdoor apparel and footwear, water sports equipment and pet supplies.