Shares of Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) have been given a consensus rating of “Hold” by the ten research firms that are currently covering the stock, MarketBeat Ratings reports. Five analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $6.81.

A number of analysts recently commented on SPWH shares. DA Davidson reaffirmed a “buy” rating and set a $8.00 price target on shares of Sportsman’s Warehouse Holdings in a research report on Tuesday, August 15th. MKM Partners reaffirmed a “buy” rating and set a $7.00 price target on shares of Sportsman’s Warehouse Holdings in a research report on Wednesday, August 16th. Piper Jaffray Companies set a $6.00 price target on Sportsman’s Warehouse Holdings and gave the company a “hold” rating in a research report on Sunday, August 20th. Forward View set a $4.00 price target on Sportsman’s Warehouse Holdings and gave the company a “hold” rating in a research report on Saturday, August 26th. Finally, ValuEngine downgraded Sportsman’s Warehouse Holdings from a “buy” rating to a “hold” rating in a research report on Friday, September 1st.

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Sportsman’s Warehouse Holdings (SPWH) traded down $0.10 during mid-day trading on Friday, hitting $4.08. The stock had a trading volume of 180,931 shares, compared to its average volume of 414,403. Sportsman’s Warehouse Holdings has a 52 week low of $3.40 and a 52 week high of $9.86. The company has a quick ratio of 0.05, a current ratio of 1.42 and a debt-to-equity ratio of 4.06. The company has a market capitalization of $173.72, a price-to-earnings ratio of 7.16, a PEG ratio of 0.66 and a beta of -0.82.

Sportsman’s Warehouse Holdings (NASDAQ:SPWH) last posted its earnings results on Thursday, August 17th. The company reported $0.15 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.13 by $0.02. Sportsman’s Warehouse Holdings had a return on equity of 90.52% and a net margin of 2.94%. The company had revenue of $191.50 million for the quarter, compared to analyst estimates of $191.28 million. During the same quarter last year, the company earned $0.20 earnings per share. The company’s revenue for the quarter was up .9% on a year-over-year basis. research analysts expect that Sportsman’s Warehouse Holdings will post 0.62 EPS for the current year.

In other news, insider Jon Barker bought 14,000 shares of the firm’s stock in a transaction on Wednesday, August 23rd. The stock was acquired at an average cost of $4.13 per share, with a total value of $57,820.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 4.15% of the company’s stock.

Several institutional investors have recently bought and sold shares of the company. Schwab Charles Investment Management Inc. boosted its holdings in shares of Sportsman’s Warehouse Holdings by 0.6% in the second quarter. Schwab Charles Investment Management Inc. now owns 105,928 shares of the company’s stock worth $573,000 after acquiring an additional 684 shares during the period. Nationwide Fund Advisors boosted its holdings in shares of Sportsman’s Warehouse Holdings by 35.8% in the second quarter. Nationwide Fund Advisors now owns 20,626 shares of the company’s stock worth $111,000 after acquiring an additional 5,442 shares during the period. Bank of New York Mellon Corp boosted its stake in Sportsman’s Warehouse Holdings by 4.0% during the second quarter. Bank of New York Mellon Corp now owns 149,310 shares of the company’s stock valued at $806,000 after buying an additional 5,788 shares during the period. Credit Suisse AG boosted its stake in Sportsman’s Warehouse Holdings by 25.5% during the first quarter. Credit Suisse AG now owns 33,971 shares of the company’s stock valued at $162,000 after buying an additional 6,897 shares during the period. Finally, The Manufacturers Life Insurance Company boosted its stake in Sportsman’s Warehouse Holdings by 41.2% during the second quarter. The Manufacturers Life Insurance Company now owns 31,397 shares of the company’s stock valued at $169,000 after buying an additional 9,156 shares during the period. 88.52% of the stock is owned by hedge funds and other institutional investors.

Sportsman’s Warehouse Holdings Company Profile

Sportsman’s Warehouse Holdings, Inc is an outdoor sporting goods retailer. The Company has outdoor specialty store base in the Western United States and Alaska. The Company has over 70 stores across approximately 20 states, which are located in power, neighborhood and lifestyle centers. The Company also operates several single-unit, standalone locations.

Analyst Recommendations for Sportsman`s Warehouse Holdings (NASDAQ:SPWH)

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