Sportsman’s Warehouse Holdings Inc. (NASDAQ:SPWH) fell 3.3% during mid-day trading on Thursday . The stock traded as low as $10.61 and last traded at $10.64, with a volume of 170,418 shares traded. The stock had previously closed at $11.00.

A number of brokerages recently weighed in on SPWH. Robert W. Baird reaffirmed an “outperform” rating and issued a $15.00 price target on shares of Sportsman’s Warehouse Holdings in a research note on Friday, August 19th. TheStreet raised shares of Sportsman’s Warehouse Holdings from a “sell” rating to a “hold” rating in a research note on Thursday, August 18th. Piper Jaffray Cos. reaffirmed an “overweight” rating and issued a $14.00 price target on shares of Sportsman’s Warehouse Holdings in a research note on Sunday. Goldman Sachs Group Inc. reaffirmed a “buy” rating and issued a $15.00 price target on shares of Sportsman’s Warehouse Holdings in a research note on Monday, August 15th. Finally, Zacks Investment Research raised shares of Sportsman’s Warehouse Holdings from a “hold” rating to a “buy” rating and set a $12.00 price target on the stock in a research note on Tuesday. Two investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $14.56.

The company’s 50 day moving average price is $10.11 and its 200-day moving average price is $10.71. The firm has a market capitalization of $442.02 million and a P/E ratio of 15.16.

Sportsman’s Warehouse Holdings (NASDAQ:SPWH) last issued its quarterly earnings results on Thursday, August 18th. The company reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.04. During the same quarter last year, the business posted $0.14 EPS. The firm had revenue of $189.80 million for the quarter. The firm’s revenue for the quarter was up 13.7% on a year-over-year basis. Analysts expect that Sportsman’s Warehouse Holdings Inc. will post $0.74 earnings per share for the current year.

In other news, Director Kent Vernon Graham purchased 5,000 shares of the company’s stock in a transaction dated Thursday, July 7th. The shares were acquired at an average cost of $8.97 per share, for a total transaction of $44,850.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Other hedge funds recently added to or reduced their stakes in the company. Victory Capital Management Inc. increased its stake in Sportsman’s Warehouse Holdings by 53.3% in the fourth quarter. Victory Capital Management Inc. now owns 93,498 shares of the company’s stock worth $1,206,000 after buying an additional 32,498 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Sportsman’s Warehouse Holdings by 244.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 278,447 shares of the company’s stock worth $3,592,000 after buying an additional 197,579 shares in the last quarter. Stephens Investment Management Group LLC increased its stake in Sportsman’s Warehouse Holdings by 6.5% in the fourth quarter. Stephens Investment Management Group LLC now owns 1,055,491 shares of the company’s stock worth $13,616,000 after buying an additional 64,229 shares in the last quarter. Finally, Wells Fargo & Company MN increased its stake in Sportsman’s Warehouse Holdings by 84.3% in the fourth quarter. Wells Fargo & Company MN now owns 1,187,565 shares of the company’s stock worth $15,319,000 after buying an additional 543,109 shares in the last quarter.

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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