Wall Street brokerages expect that Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH) will post $0.26 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Four analysts have issued estimates for Sportsman’s Warehouse’s earnings, with the lowest EPS estimate coming in at $0.25 and the highest estimate coming in at $0.26. Sportsman’s Warehouse posted earnings of $0.23 per share in the same quarter last year, which would suggest a positive year over year growth rate of 13%. The business is scheduled to issue its next quarterly earnings report on Thursday, November 15th.

According to Zacks, analysts expect that Sportsman’s Warehouse will report full year earnings of $0.60 per share for the current fiscal year, with EPS estimates ranging from $0.60 to $0.61. For the next financial year, analysts forecast that the business will report earnings of $0.67 per share, with EPS estimates ranging from $0.63 to $0.69. Zacks’ earnings per share averages are an average based on a survey of research analysts that cover Sportsman’s Warehouse.

Sportsman’s Warehouse (NASDAQ:SPWH) last issued its quarterly earnings results on Thursday, August 23rd. The company reported $0.18 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.16 by $0.02. Sportsman’s Warehouse had a net margin of 1.94% and a return on equity of 45.86%. The business had revenue of $203.30 million for the quarter, compared to analyst estimates of $203.27 million. During the same quarter in the prior year, the business posted $0.15 EPS. Sportsman’s Warehouse’s revenue for the quarter was up 6.2% compared to the same quarter last year.

SPWH has been the topic of several recent research reports. Zacks Investment Research downgraded shares of Sportsman’s Warehouse from a “buy” rating to a “hold” rating in a report on Saturday, July 21st. Credit Suisse Group upped their price objective on shares of Sportsman’s Warehouse from $6.00 to $7.50 and gave the company an “outperform” rating in a report on Friday, August 24th. ValuEngine downgraded shares of Sportsman’s Warehouse from a “hold” rating to a “sell” rating in a report on Wednesday, August 8th. Finally, DA Davidson set a $7.00 price objective on shares of Sportsman’s Warehouse and gave the company a “buy” rating in a report on Wednesday, August 15th. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $5.75.

In other news, Director Seidler Kutsenda Management Co sold 2,822,652 shares of the company’s stock in a transaction on Monday, July 23rd. The shares were sold at an average price of $4.78, for a total value of $13,492,276.56. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders sold a total of 4,709,652 shares of company stock worth $24,086,077 over the last ninety days. Insiders own 2.20% of the company’s stock.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Barclays PLC boosted its holdings in Sportsman’s Warehouse by 673.1% during the first quarter. Barclays PLC now owns 44,382 shares of the company’s stock worth $181,000 after buying an additional 38,641 shares in the last quarter. Millennium Management LLC boosted its holdings in Sportsman’s Warehouse by 121.1% during the first quarter. Millennium Management LLC now owns 353,268 shares of the company’s stock worth $1,441,000 after buying an additional 193,456 shares in the last quarter. A.R.T. Advisors LLC purchased a new stake in Sportsman’s Warehouse during the first quarter worth $164,000. Perkins Capital Management Inc. purchased a new stake in Sportsman’s Warehouse during the second quarter worth $474,000. Finally, Towle & Co. boosted its holdings in Sportsman’s Warehouse by 6.9% during the second quarter. Towle & Co. now owns 4,093,412 shares of the company’s stock worth $20,958,000 after buying an additional 264,800 shares in the last quarter. 86.68% of the stock is currently owned by hedge funds and other institutional investors.

Sportsman’s Warehouse stock traded up $0.12 during mid-day trading on Monday, reaching $5.87. 120,962 shares of the company traded hands, compared to its average volume of 487,254. The firm has a market capitalization of $246.90 million, a price-to-earnings ratio of 11.74, a PEG ratio of 0.95 and a beta of -0.58. The company has a current ratio of 1.09, a quick ratio of 0.06 and a debt-to-equity ratio of 0.58. Sportsman’s Warehouse has a fifty-two week low of $3.66 and a fifty-two week high of $6.99.

Sportsman’s Warehouse Company Profile

Sportsman's Warehouse Holdings, Inc, together with its subsidiaries, operates as an outdoor sporting goods retailer in the United States. It offers camping products, such as backpacks, camp essentials, canoes and kayaks, coolers, outdoor cooking equipment, sleeping bags, tents, and tools; and clothing products, including camouflage, jackets, hats, outerwear, sportswear, technical gear, and work wear.

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

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