Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) Given Consensus Recommendation of “Moderate Buy” by Analysts

Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) has earned an average recommendation of “Moderate Buy” from the six research firms that are presently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $2.95.

A number of equities analysts have recently issued reports on SPWH shares. Roth Mkm dropped their price target on Sportsman’s Warehouse from $4.25 to $2.25 and set a “buy” rating on the stock in a research note on Friday, December 5th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Sportsman’s Warehouse in a research report on Monday, December 29th. Wall Street Zen raised Sportsman’s Warehouse from a “sell” rating to a “hold” rating in a research report on Saturday, January 3rd. Finally, Robert W. Baird cut their price target on Sportsman’s Warehouse from $3.50 to $2.00 and set a “neutral” rating for the company in a research note on Friday, December 5th.

Sportsman’s Warehouse Trading Down 2.2%

Shares of SPWH stock opened at $1.33 on Wednesday. Sportsman’s Warehouse has a 12-month low of $0.92 and a 12-month high of $4.33. The company has a current ratio of 1.20, a quick ratio of 0.06 and a debt-to-equity ratio of 0.21. The firm’s 50 day moving average is $1.34 and its 200 day moving average is $1.96. The stock has a market capitalization of $51.18 million, a P/E ratio of -1.37 and a beta of 0.60.

Institutional Trading of Sportsman’s Warehouse

Several large investors have recently added to or reduced their stakes in the business. Union Square Park Capital Management LLC raised its position in Sportsman’s Warehouse by 33.5% in the fourth quarter. Union Square Park Capital Management LLC now owns 2,378,681 shares of the company’s stock worth $3,473,000 after acquiring an additional 596,658 shares during the period. Vanguard Group Inc. grew its position in shares of Sportsman’s Warehouse by 2.7% during the 3rd quarter. Vanguard Group Inc. now owns 1,768,481 shares of the company’s stock valued at $4,899,000 after acquiring an additional 46,929 shares during the period. JB Capital Partners LP grew its position in shares of Sportsman’s Warehouse by 6.1% during the 2nd quarter. JB Capital Partners LP now owns 1,710,794 shares of the company’s stock valued at $5,902,000 after acquiring an additional 99,000 shares during the period. Archon Capital Management LLC increased its stake in shares of Sportsman’s Warehouse by 51.6% in the 4th quarter. Archon Capital Management LLC now owns 1,668,905 shares of the company’s stock worth $2,437,000 after purchasing an additional 568,151 shares in the last quarter. Finally, Marshall Wace LLP increased its stake in shares of Sportsman’s Warehouse by 23.2% in the 2nd quarter. Marshall Wace LLP now owns 1,361,280 shares of the company’s stock worth $4,696,000 after purchasing an additional 256,768 shares in the last quarter. 83.04% of the stock is currently owned by institutional investors.

About Sportsman’s Warehouse

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.