Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) Given Average Recommendation of “Hold” by Brokerages

Shares of Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) have earned a consensus rating of “Hold” from the five research firms that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $2.9375.

A number of analysts have commented on SPWH shares. Weiss Ratings restated a “sell (e+)” rating on shares of Sportsman’s Warehouse in a research report on Wednesday. Wall Street Zen upgraded Sportsman’s Warehouse from a “strong sell” rating to a “sell” rating in a research report on Monday, April 20th.

Institutional Trading of Sportsman’s Warehouse

Several institutional investors have recently made changes to their positions in the business. Gamco Investors INC. ET AL grew its position in shares of Sportsman’s Warehouse by 0.9% during the third quarter. Gamco Investors INC. ET AL now owns 546,000 shares of the company’s stock worth $1,512,000 after purchasing an additional 5,000 shares in the last quarter. GABELLI & Co INVESTMENT ADVISERS INC. grew its position in shares of Sportsman’s Warehouse by 1.5% during the fourth quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 635,830 shares of the company’s stock worth $928,000 after purchasing an additional 9,450 shares in the last quarter. Teton Advisors LLC grew its position in shares of Sportsman’s Warehouse by 14.3% during the first quarter. Teton Advisors LLC now owns 80,000 shares of the company’s stock worth $113,000 after purchasing an additional 10,000 shares in the last quarter. Empowered Funds LLC grew its position in shares of Sportsman’s Warehouse by 5.6% during the first quarter. Empowered Funds LLC now owns 203,195 shares of the company’s stock worth $287,000 after purchasing an additional 10,837 shares in the last quarter. Finally, Prudential Financial Inc. purchased a new stake in shares of Sportsman’s Warehouse during the second quarter worth about $56,000. Hedge funds and other institutional investors own 83.04% of the company’s stock.

Sportsman’s Warehouse Stock Performance

Shares of SPWH opened at $1.32 on Monday. The company has a quick ratio of 0.10, a current ratio of 1.36 and a debt-to-equity ratio of 0.24. The business has a 50-day simple moving average of $1.39 and a two-hundred day simple moving average of $1.48. The stock has a market cap of $51.41 million, a price-to-earnings ratio of -1.02 and a beta of 0.41. Sportsman’s Warehouse has a 52 week low of $1.08 and a 52 week high of $4.33.

Sportsman’s Warehouse (NASDAQ:SPWH) last issued its quarterly earnings results on Tuesday, March 31st. The company reported ($0.10) EPS for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.01). The company had revenue of $334.86 million during the quarter, compared to analysts’ expectations of $334.89 million. Sportsman’s Warehouse had a negative return on equity of 10.30% and a negative net margin of 4.14%. On average, analysts expect that Sportsman’s Warehouse will post -0.49 EPS for the current 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.