Union Square Park Capital Management LLC Has $3.47 Million Holdings in Sportsman’s Warehouse Holdings, Inc. $SPWH

Union Square Park Capital Management LLC grew its holdings in shares of Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) by 33.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,378,681 shares of the company’s stock after purchasing an additional 596,658 shares during the period. Sportsman’s Warehouse comprises 1.7% of Union Square Park Capital Management LLC’s holdings, making the stock its 14th largest holding. Union Square Park Capital Management LLC owned 6.18% of Sportsman’s Warehouse worth $3,473,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Prudential Financial Inc. acquired a new position in shares of Sportsman’s Warehouse during the 2nd quarter worth approximately $56,000. Centiva Capital LP acquired a new position in shares of Sportsman’s Warehouse during the 3rd quarter worth approximately $63,000. Dynamic Technology Lab Private Ltd acquired a new position in shares of Sportsman’s Warehouse during the 4th quarter worth approximately $41,000. SBI Securities Co. Ltd. grew its position in shares of Sportsman’s Warehouse by 158,500.0% during the 4th quarter. SBI Securities Co. Ltd. now owns 31,720 shares of the company’s stock worth $46,000 after purchasing an additional 31,700 shares in the last quarter. Finally, XTX Topco Ltd acquired a new position in shares of Sportsman’s Warehouse during the 2nd quarter worth approximately $189,000. Institutional investors and hedge funds own 83.04% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. Weiss Ratings upgraded shares of Sportsman’s Warehouse from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, June 9th. Wall Street Zen upgraded shares of Sportsman’s Warehouse from a “sell” rating to a “hold” rating in a research report on Saturday, June 6th. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $2.58.

Sportsman’s Warehouse Price Performance

Shares of NASDAQ:SPWH opened at $1.28 on Wednesday. The company has a market cap of $49.95 million, a price-to-earnings ratio of -0.98 and a beta of 0.41. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.18 and a quick ratio of 0.07. The firm has a 50 day simple moving average of $1.38 and a 200 day simple moving average of $1.42. Sportsman’s Warehouse Holdings, Inc. has a one year low of $1.08 and a one year high of $3.90.

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

Sportsman’s Warehouse 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.