Wall Street brokerages predict that Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) will post sales of $191.85 million for the current quarter, according to Zacks Investment Research. Four analysts have made estimates for Sportsman’s Warehouse Holdings’ earnings, with estimates ranging from $191.50 million to $192.40 million. Sportsman’s Warehouse Holdings reported sales of $189.80 million during the same quarter last year, which suggests a positive year over year growth rate of 1.1%. The company is expected to issue its next earnings report after the market closes on Thursday, August 17th.

On average, analysts expect that Sportsman’s Warehouse Holdings will report full-year sales of $191.85 million for the current financial year, with estimates ranging from $828.20 million to $838.90 million. For the next financial year, analysts forecast that the firm will post sales of $882.13 million per share, with estimates ranging from $876.70 million to $888.00 million. Zacks Investment Research’s sales averages are an average based on a survey of research firms that that provide coverage for Sportsman’s Warehouse Holdings.

Sportsman’s Warehouse Holdings (NASDAQ:SPWH) last posted its quarterly earnings data on Thursday, May 25th. The company reported ($0.08) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by $0.01. Sportsman’s Warehouse Holdings had a net margin of 3.16% and a return on equity of 127.68%. The firm had revenue of $156.90 million for the quarter, compared to analysts’ expectations of $153.06 million. The firm’s revenue was up 3.5% compared to the same quarter last year.

A number of brokerages have issued reports on SPWH. TheStreet upgraded Sportsman’s Warehouse Holdings from a “d+” rating to a “c-” rating in a report on Tuesday, May 30th. Forward View upgraded Sportsman’s Warehouse Holdings from a “sell” rating to a “hold” rating in a report on Thursday, April 27th. ValuEngine cut Sportsman’s Warehouse Holdings from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Finally, DA Davidson restated a “buy” rating and set a $8.00 target price on shares of Sportsman’s Warehouse Holdings in a report on Saturday, June 3rd. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Sportsman’s Warehouse Holdings presently has a consensus rating of “Hold” and an average target price of $7.64.

Shares of Sportsman’s Warehouse Holdings (SPWH) opened at 4.22 on Friday. The stock has a market capitalization of $175.97 million, a price-to-earnings ratio of 7.26 and a beta of -0.85. The firm’s 50-day moving average is $4.81 and its 200-day moving average is $5.12. Sportsman’s Warehouse Holdings has a 1-year low of $3.86 and a 1-year high of $11.30.

In other news, CEO John V. Schaefer sold 66,563 shares of Sportsman’s Warehouse Holdings stock in a transaction dated Friday, June 30th. The stock was sold at an average price of $5.30, for a total transaction of $352,783.90. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Kay L. Toolson acquired 10,000 shares of the business’s stock in a transaction dated Monday, May 22nd. The shares were acquired at an average price of $5.62 per share, for a total transaction of $56,200.00. Following the acquisition, the director now directly owns 77,916 shares in the company, valued at $437,887.92. The disclosure for this purchase can be found here. In the last quarter, insiders have bought 23,700 shares of company stock worth $126,726 and have sold 1,148,821 shares worth $6,213,192. Insiders own 3.60% of the company’s stock.

Several institutional investors have recently added to or reduced their stakes in SPWH. OxFORD Asset Management LLP boosted its position in Sportsman’s Warehouse Holdings by 26.7% in the second quarter. OxFORD Asset Management LLP now owns 135,720 shares of the company’s stock valued at $733,000 after buying an additional 28,640 shares during the period. Dimensional Fund Advisors LP boosted its position in Sportsman’s Warehouse Holdings by 55.7% in the second quarter. Dimensional Fund Advisors LP now owns 965,506 shares of the company’s stock valued at $5,214,000 after buying an additional 345,564 shares during the period. Parametric Portfolio Associates LLC boosted its position in Sportsman’s Warehouse Holdings by 360.6% in the second quarter. Parametric Portfolio Associates LLC now owns 85,194 shares of the company’s stock valued at $460,000 after buying an additional 66,696 shares during the period. California Public Employees Retirement System boosted its position in Sportsman’s Warehouse Holdings by 92.2% in the second quarter. California Public Employees Retirement System now owns 49,000 shares of the company’s stock valued at $265,000 after buying an additional 23,500 shares during the period. Finally, Northern Trust Corp boosted its position in Sportsman’s Warehouse Holdings by 37.7% in the second quarter. Northern Trust Corp now owns 404,637 shares of the company’s stock valued at $2,185,000 after buying an additional 110,855 shares during the period. Institutional investors and hedge funds own 76.90% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: This report was originally reported by Daily Political and is owned by of Daily Political. If you are reading this report on another website, it was stolen and reposted in violation of U.S. & international copyright and trademark legislation. The correct version of this report can be accessed at https://www.dailypolitical.com/2017/08/13/analysts-anticipate-sportsmans-warehouse-holdings-inc-nasdaqspwh-will-announce-quarterly-sales-of-191-85-million.html.

Sportsman’s Warehouse Holdings Company Profile

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.

Get a free copy of the Zacks research report on Sportsman’s Warehouse Holdings (SPWH)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Sportsman`s Warehouse Holdings (NASDAQ:SPWH)

Receive News & Ratings for Sportsman's Warehouse Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sportsman's Warehouse Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.