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

SPWH has been the topic of a number of research reports. Robert W. Baird restated a “buy” rating on shares of Sportsman’s Warehouse Holdings in a research report on Monday, May 16th. Sterne Agee CRT restated a “buy” rating on shares of Sportsman’s Warehouse Holdings in a research report on Monday, May 16th. MKM Partners lowered their price objective on Sportsman’s Warehouse Holdings from $15.00 to $13.00 and set a “buy” rating on the stock in a research report on Monday, May 23rd. Forward View restated a “hold” rating on shares of Sportsman’s Warehouse Holdings in a research report on Sunday, May 22nd. Finally, Credit Suisse Group AG restated a “buy” rating on shares of Sportsman’s Warehouse Holdings in a research report on Thursday, May 26th. Two analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $14.56.

The firm has a market cap of $442.02 million and a P/E ratio of 15.16. The company has a 50-day moving average price of $10.21 and a 200-day moving average price of $10.71.

Sportsman’s Warehouse Holdings (NASDAQ:SPWH) last released its quarterly earnings data on Thursday, August 18th. The company reported $0.20 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.16 by $0.04. The firm had revenue of $189.80 million for the quarter. During the same quarter last year, the business posted $0.14 earnings per share. The firm’s quarterly revenue was up 13.7% compared to the same quarter last year. On average, equities research analysts expect that Sportsman’s Warehouse Holdings Inc. will post $0.74 EPS for the current year.

In other news, Director Kent Vernon Graham acquired 5,000 shares of the business’s stock in a transaction that occurred on Thursday, July 7th. The shares were bought at an average price of $8.97 per share, with a total value of $44,850.00. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link.

Several large investors have recently added to or reduced their stakes in SPWH. 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 valued at $1,206,000 after buying an additional 32,498 shares during the period. Dimensional Fund Advisors LP increased its position in shares of 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 valued at $3,592,000 after buying an additional 197,579 shares during the last quarter. Finally, Wells Fargo & Company MN increased its position in shares of 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 valued at $15,319,000 after buying an additional 543,109 shares during 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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