Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) have been assigned a consensus recommendation of “Moderate Buy” from the six brokerages that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $2.95.

A number of equities analysts have recently issued reports on the stock. Wall Street Zen raised shares of Sportsman’s Warehouse from a “sell” rating to a “hold” rating in a research report on Saturday, January 3rd. Roth Mkm cut their price target on Sportsman’s Warehouse from $4.25 to $2.25 and set a “buy” rating on the stock in a report on Friday, December 5th. Robert W. Baird reduced their price objective on Sportsman’s Warehouse from $3.50 to $2.00 and set a “neutral” rating for the company in a research note on Friday, December 5th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Sportsman’s Warehouse in a research report on Monday, December 29th.

Sportsman’s Warehouse Stock Performance

Shares of SPWH stock opened at $1.19 on Friday. The firm has a 50 day moving average of $1.38 and a 200-day moving average of $2.20. The company has a market cap of $45.79 million, a price-to-earnings ratio of -1.23 and a beta of 0.58. The company has a quick ratio of 0.06, a current ratio of 1.20 and a debt-to-equity ratio of 0.21. Sportsman’s Warehouse has a 52 week low of $0.92 and a 52 week high of $4.33.

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

Institutional Trading of Sportsman’s Warehouse

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SPWH. Union Square Park Capital Management LLC lifted its holdings in shares of Sportsman’s Warehouse by 33.5% in the fourth quarter. Union Square Park Capital Management LLC now owns 2,378,681 shares of the company’s stock valued at $3,473,000 after purchasing an additional 596,658 shares in the last quarter. Vanguard Group Inc. raised its position in Sportsman’s Warehouse by 2.7% in the 3rd quarter. Vanguard Group Inc. now owns 1,768,481 shares of the company’s stock valued at $4,899,000 after buying an additional 46,929 shares during the last quarter. JB Capital Partners LP grew its stake in shares of 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 worth $5,902,000 after acquiring an additional 99,000 shares in the last quarter. Archon Capital Management LLC lifted its position in shares of Sportsman’s Warehouse by 51.6% during the 4th quarter. Archon Capital Management LLC now owns 1,668,905 shares of the company’s stock worth $2,437,000 after buying an additional 568,151 shares in the last quarter. Finally, Marshall Wace LLP boosted its stake in shares of Sportsman’s Warehouse by 23.2% in the 2nd quarter. Marshall Wace LLP now owns 1,361,280 shares of the company’s stock worth $4,696,000 after buying an additional 256,768 shares during the last quarter. 83.04% of the stock is owned by institutional investors.

Sportsman’s Warehouse Company Profile

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.