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

Shares of Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) have been assigned a consensus rating of “Hold” from the five analysts that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $2.9375.

Separately, Wall Street Zen raised Sportsman’s Warehouse from a “strong sell” rating to a “sell” rating in a research note on Monday, April 20th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Prudential Financial Inc. acquired a new position in Sportsman’s Warehouse during the 2nd quarter worth $56,000. Centiva Capital LP acquired a new position in Sportsman’s Warehouse during the 3rd quarter worth $63,000. Dynamic Technology Lab Private Ltd acquired a new position in Sportsman’s Warehouse during the 4th quarter worth $41,000. SBI Securities Co. Ltd. grew its stake in 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 Sportsman’s Warehouse during the 2nd quarter worth $189,000. 83.04% of the stock is owned by institutional investors and hedge funds.

Sportsman’s Warehouse Trading Down 6.1%

Shares of NASDAQ SPWH opened at $1.39 on Thursday. Sportsman’s Warehouse has a twelve month low of $1.08 and a twelve month high of $4.33. The company has a current ratio of 1.36, a quick ratio of 0.10 and a debt-to-equity ratio of 0.24. The stock has a fifty day simple moving average of $1.40 and a 200-day simple moving average of $1.59. The stock has a market capitalization of $54.14 million, a PE ratio of -1.07 and a beta of 0.43.

Sportsman’s Warehouse (NASDAQ:SPWH) last issued its quarterly earnings data on Tuesday, March 31st. The company reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.01). Sportsman’s Warehouse had a negative net margin of 4.14% and a negative return on equity of 10.30%. The firm had revenue of $334.86 million during the quarter, compared to analyst estimates of $334.89 million. On average, equities analysts forecast that Sportsman’s Warehouse will post -0.49 earnings per share for the current year.

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.