Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) shares saw strong trading volume on Friday . 4,957,512 shares traded hands during trading, an increase of 492% from the previous session’s volume of 837,839 shares.The stock last traded at $4.68 and had previously closed at $3.98.

A number of equities research analysts have issued reports on the stock. Piper Jaffray Companies reiterated a “hold” rating and set a $6.00 target price on shares of Sportsman’s Warehouse Holdings in a report on Sunday, October 1st. MKM Partners reiterated a “buy” rating and set a $7.00 target price on shares of Sportsman’s Warehouse Holdings in a report on Wednesday, August 16th. DA Davidson reiterated a “buy” rating and set a $8.00 target price on shares of Sportsman’s Warehouse Holdings in a report on Tuesday, August 15th. Ifs Securities reiterated a “market perform” rating and set a $5.00 target price on shares of Sportsman’s Warehouse Holdings in a report on Friday, September 15th. Finally, ValuEngine lowered shares of Sportsman’s Warehouse Holdings from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $6.50.

The firm has a market capitalization of $199.27, a price-to-earnings ratio of 8.51, a price-to-earnings-growth ratio of 0.75 and a beta of -0.82. The company has a debt-to-equity ratio of 4.06, a quick ratio of 0.05 and a current ratio of 1.42.

Sportsman’s Warehouse Holdings (NASDAQ:SPWH) last announced its quarterly earnings data on Thursday, November 16th. The company reported $0.23 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.24 by ($0.01). The firm had revenue of $218.10 million during the quarter, compared to analyst estimates of $222.59 million. Sportsman’s Warehouse Holdings had a net margin of 2.84% and a return on equity of 79.77%. Sportsman’s Warehouse Holdings’s revenue for the quarter was up .4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.25 earnings per share. equities research analysts expect that Sportsman’s Warehouse Holdings, Inc. will post 0.57 earnings per share for the current fiscal year.

In related news, insider Jon Barker bought 14,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 23rd. The shares were purchased at an average cost of $4.13 per share, with a total value of $57,820.00. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 4.15% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of SPWH. Towle & Co. purchased a new position in Sportsman’s Warehouse Holdings during the 3rd quarter worth $11,184,000. Boston Private Wealth LLC purchased a new position in Sportsman’s Warehouse Holdings during the 2nd quarter worth $6,750,000. Uniplan Investment Counsel Inc. purchased a new position in Sportsman’s Warehouse Holdings during the 3rd quarter worth $3,085,000. Weber Alan W grew its position in Sportsman’s Warehouse Holdings by 107.8% during the 3rd quarter. Weber Alan W now owns 685,900 shares of the company’s stock worth $3,093,000 after purchasing an additional 355,900 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its position in Sportsman’s Warehouse Holdings by 55.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 965,506 shares of the company’s stock worth $5,214,000 after purchasing an additional 345,564 shares during the last quarter. 94.98% of the stock is currently owned by hedge funds and other institutional investors.

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About Sportsman’s Warehouse Holdings

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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