Shares of Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH) have earned a consensus recommendation of “Hold” from the seven ratings firms that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $7.83.

A number of brokerages have recently issued reports on SPWH. BidaskClub cut Sportsman’s Warehouse from a “strong-buy” rating to a “buy” rating in a research note on Friday, March 1st. ValuEngine raised Sportsman’s Warehouse from a “hold” rating to a “buy” rating in a report on Monday, February 25th. Zacks Investment Research raised Sportsman’s Warehouse from a “sell” rating to a “hold” rating in a report on Saturday, April 27th. Finally, Piper Jaffray Companies upgraded Sportsman’s Warehouse from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $6.00 to $8.00 in a research report on Friday, January 18th.

NASDAQ SPWH traded up $0.02 during trading on Friday, hitting $4.21. The stock had a trading volume of 1,421 shares, compared to its average volume of 190,037. The stock has a market capitalization of $181.37 million, a price-to-earnings ratio of 6.95, a PEG ratio of 0.72 and a beta of 0.04. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.07 and a current ratio of 1.22. Sportsman’s Warehouse has a 12 month low of $4.04 and a 12 month high of $6.69.

Sportsman’s Warehouse (NASDAQ:SPWH) last released its earnings results on Thursday, March 28th. The company reported $0.25 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.25. The firm had revenue of $242.70 million for the quarter, compared to analysts’ expectations of $242.43 million. Sportsman’s Warehouse had a return on equity of 41.69% and a net margin of 2.80%. The company’s revenue was down .2% compared to the same quarter last year. On average, equities research analysts forecast that Sportsman’s Warehouse will post 0.58 EPS for the current year.

Several institutional investors have recently modified their holdings of SPWH. Campbell & CO Investment Adviser LLC acquired a new stake in shares of Sportsman’s Warehouse in the 1st quarter valued at $276,000. O Shaughnessy Asset Management LLC raised its holdings in shares of Sportsman’s Warehouse by 145.9% in the first quarter. O Shaughnessy Asset Management LLC now owns 40,533 shares of the company’s stock valued at $195,000 after buying an additional 24,051 shares during the last quarter. BerganKDV Wealth Management LLC bought a new position in shares of Sportsman’s Warehouse in the first quarter valued at about $120,000. JPMorgan Chase & Co. increased its position in Sportsman’s Warehouse by 73.9% in the first quarter. JPMorgan Chase & Co. now owns 183,003 shares of the company’s stock worth $878,000 after purchasing an additional 77,743 shares during the period. Finally, Stephens Investment Management Group LLC acquired a new stake in Sportsman’s Warehouse in the first quarter worth about $5,819,000. Hedge funds and other institutional investors own 94.42% of the company’s stock.

Sportsman’s Warehouse Company Profile

Sportsman's Warehouse Holdings, Inc, together with its subsidiaries, operates as an outdoor sporting goods retailer in the United States. It offers camping products, such as backpacks, camp essentials, canoes and kayaks, coolers, outdoor cooking equipment, sleeping bags, tents, and tools; and clothing products, including camouflage, jackets, hats, outerwear, sportswear, technical gear, and work wear.

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