Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH) has earned an average rating of “Hold” from the nine ratings firms that are presently covering the stock, MarketBeat Ratings reports. Six research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $5.75.

A number of research analysts have recently weighed in on the company. ValuEngine lowered Sportsman’s Warehouse from a “hold” rating to a “sell” rating in a research report on Friday, June 29th. DA Davidson raised their price objective on Sportsman’s Warehouse from $7.00 to $8.00 and gave the company a “buy” rating in a research report on Tuesday. Finally, Zacks Investment Research lowered Sportsman’s Warehouse from a “buy” rating to a “hold” rating in a research report on Tuesday, August 28th.

In other news, Director Seidler Kutsenda Management Co sold 30,000 shares of the firm’s stock in a transaction dated Friday, July 13th. The stock was sold at an average price of $5.26, for a total transaction of $157,800.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last 90 days, insiders have sold 3,669,652 shares of company stock valued at $18,328,677. Company insiders own 4.15% of the company’s stock.

Several large investors have recently made changes to their positions in SPWH. A.R.T. Advisors LLC bought a new position in shares of Sportsman’s Warehouse in the 1st quarter valued at about $164,000. Barclays PLC lifted its holdings in shares of Sportsman’s Warehouse by 673.1% in the 1st quarter. Barclays PLC now owns 44,382 shares of the company’s stock valued at $181,000 after acquiring an additional 38,641 shares during the last quarter. Macquarie Group Ltd. bought a new position in shares of Sportsman’s Warehouse in the 2nd quarter valued at about $236,000. Wedge Capital Management L L P NC bought a new position in shares of Sportsman’s Warehouse in the 2nd quarter valued at about $366,000. Finally, Landscape Capital Management L.L.C. bought a new position in shares of Sportsman’s Warehouse in the 1st quarter valued at about $398,000. 86.68% of the stock is owned by hedge funds and other institutional investors.

Shares of SPWH stock opened at $5.85 on Thursday. Sportsman’s Warehouse has a 52-week low of $3.66 and a 52-week high of $6.99. The company has a quick ratio of 0.06, a current ratio of 1.09 and a debt-to-equity ratio of 0.58. The firm has a market capitalization of $255.91 million, a price-to-earnings ratio of 11.70, a price-to-earnings-growth ratio of 0.99 and a beta of -0.57.

Sportsman’s Warehouse (NASDAQ:SPWH) last issued its quarterly earnings data on Thursday, August 23rd. The company reported $0.18 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.16 by $0.02. The firm had revenue of $203.30 million during the quarter, compared to analyst estimates of $203.27 million. Sportsman’s Warehouse had a return on equity of 45.86% and a net margin of 1.94%. The business’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.15 earnings per share. analysts expect that Sportsman’s Warehouse will post 0.6 EPS for the current year.

About Sportsman’s Warehouse

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

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