Analysts Set Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) PT at $2.58

Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) has been assigned a consensus recommendation of “Moderate Buy” from the five research firms that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, two have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $2.5833.

SPWH has been the topic of a number of recent analyst reports. Zacks Research upgraded Sportsman’s Warehouse from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 8th. Wall Street Zen upgraded shares of Sportsman’s Warehouse from a “sell” rating to a “hold” rating in a report on Saturday, June 6th. Finally, Weiss Ratings upgraded Sportsman’s Warehouse from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, July 7th.

Hedge Funds Weigh In On Sportsman’s Warehouse

Hedge funds have recently made changes to their positions in the business. Prescott Group Capital Management L.L.C. purchased a new position in shares of Sportsman’s Warehouse during the fourth quarter valued at about $819,000. Union Square Park Capital Management LLC raised its stake in Sportsman’s Warehouse by 33.5% during the fourth quarter. Union Square Park Capital Management LLC now owns 2,378,681 shares of the company’s stock valued at $3,473,000 after buying an additional 596,658 shares during the last quarter. Teton Advisors LLC boosted its stake in Sportsman’s Warehouse by 14.3% in the 1st quarter. Teton Advisors LLC now owns 80,000 shares of the company’s stock worth $113,000 after purchasing an additional 10,000 shares in the last quarter. Gamco Investors INC. ET AL grew its holdings in shares of Sportsman’s Warehouse by 1.6% during the first quarter. Gamco Investors INC. ET AL now owns 712,500 shares of the company’s stock valued at $1,005,000 after buying an additional 11,000 shares during the last quarter. Finally, Bbfit Investments PTE Ltd. bought a new stake in shares of Sportsman’s Warehouse in the 4th quarter worth $395,000. 83.04% of the stock is owned by hedge funds and other institutional investors.

Sportsman’s Warehouse Stock Down 0.8%

Sportsman’s Warehouse stock opened at $1.20 on Friday. The company has a current ratio of 1.18, a quick ratio of 0.07 and a debt-to-equity ratio of 0.27. Sportsman’s Warehouse has a 1-year low of $1.08 and a 1-year high of $3.87. The firm has a market capitalization of $46.82 million, a price-to-earnings ratio of -0.92 and a beta of 0.41. The firm has a 50 day simple moving average of $1.30 and a 200 day simple moving average of $1.35.

Sportsman’s Warehouse (NASDAQ:SPWH) last issued its quarterly earnings data on Tuesday, June 2nd. The company reported ($0.39) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.58) by $0.19. Sportsman’s Warehouse had a negative return on equity of 10.68% and a negative net margin of 4.17%.The business had revenue of $256.08 million for the quarter, compared to analysts’ expectations of $252.30 million. During the same quarter in the prior year, the firm posted ($0.56) EPS. On average, analysts predict that Sportsman’s Warehouse will post -0.34 earnings per share for the current year.

Sportsman’s Warehouse Company Profile

Sportsman’s Warehouse, Inc (NASDAQ: SPWH) operates as a specialty retailer of hunting, shooting, fishing, camping and related outdoor sports equipment in the United States. The company’s brick-and-mortar footprint comprises over 100 retail locations across more than 20 states, complemented by an e-commerce platform that serves anglers and outdoorsmen nationwide. By focusing on core outdoor activities, Sportsman’s Warehouse delivers a comprehensive shopping experience for enthusiasts of all skill levels.

The retailer’s product assortment includes firearms and ammunition, archery gear, fishing tackle and boats, camping supplies, outdoor apparel and footwear, water sports equipment and pet supplies.