Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) Receives Consensus Rating of “Moderate Buy” from Brokerages

Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) has earned an average recommendation of “Moderate Buy” from the six analysts that are currently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $2.95.

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

Sportsman’s Warehouse Price Performance

Shares of NASDAQ SPWH opened at $1.35 on Tuesday. Sportsman’s Warehouse has a 1 year low of $0.92 and a 1 year high of $4.33. The stock has a market capitalization of $51.95 million, a P/E ratio of -1.39 and a beta of 0.58. The company’s 50-day moving average is $1.58 and its 200 day moving average is $2.39. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.20 and a quick ratio of 0.06.

Sportsman’s Warehouse (NASDAQ:SPWH) last posted its quarterly earnings data on Thursday, December 4th. The company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.01). Sportsman’s Warehouse had a negative net margin of 3.05% and a negative return on equity of 7.20%. The firm had revenue of $331.32 million for the quarter, compared to the consensus estimate of $331.11 million. On average, sell-side analysts expect that Sportsman’s Warehouse will post -0.65 earnings per share for the current year.

Institutional Trading of Sportsman’s Warehouse

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Personalized Indexing Management LLC purchased a new position in Sportsman’s Warehouse during the second quarter valued at $45,000. Dynamic Technology Lab Private Ltd purchased a new position in shares of Sportsman’s Warehouse in the 2nd quarter worth about $53,000. Prudential Financial Inc. purchased a new position in shares of Sportsman’s Warehouse in the 2nd quarter worth about $56,000. Stratos Wealth Partners LTD. boosted its stake in Sportsman’s Warehouse by 50.0% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 18,000 shares of the company’s stock worth $62,000 after purchasing an additional 6,000 shares in the last quarter. Finally, Centiva Capital LP bought a new position in Sportsman’s Warehouse in the 3rd quarter worth about $63,000. Hedge funds and other institutional investors own 83.04% of the company’s stock.

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.