Sportsman’s Warehouse (NASDAQ:SPWH) was upgraded by stock analysts at ValuEngine from a “hold” rating to a “buy” rating in a report issued on Friday.

A number of other research analysts also recently commented on SPWH. DA Davidson restated a “buy” rating and set a $8.00 price objective on shares of Sportsman’s Warehouse in a research note on Tuesday, August 15th. MKM Partners restated a “buy” rating and set a $7.00 price objective on shares of Sportsman’s Warehouse in a research note on Wednesday, August 16th. Piper Jaffray Companies set a $6.00 price objective on Sportsman’s Warehouse and gave the stock a “hold” rating in a research note on Sunday, August 20th. Forward View set a $4.00 price objective on Sportsman’s Warehouse and gave the stock a “hold” rating in a research note on Saturday, August 26th. Finally, Ifs Securities restated a “market perform” rating and set a $5.00 price objective on shares of Sportsman’s Warehouse in a research note on Friday, September 15th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $6.50.

Sportsman’s Warehouse (NASDAQ:SPWH) opened at $5.22 on Friday. The company has a market capitalization of $222.26, a price-to-earnings ratio of 9.22, a P/E/G ratio of 0.89 and a beta of -0.82. The company has a debt-to-equity ratio of 3.09, a quick ratio of 0.03 and a current ratio of 1.54. Sportsman’s Warehouse has a 52 week low of $3.40 and a 52 week high of $9.86.

Sportsman’s Warehouse (NASDAQ:SPWH) last issued its quarterly earnings data on Thursday, November 16th. The company reported $0.23 EPS for the quarter, missing the Zacks’ consensus estimate of $0.24 by ($0.01). The company had revenue of $218.10 million for the quarter, compared to the consensus estimate of $222.59 million. Sportsman’s Warehouse had a return on equity of 71.55% and a net margin of 2.84%. Sportsman’s Warehouse’s quarterly revenue was up .4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.25 earnings per share. analysts anticipate that Sportsman’s Warehouse will post 0.57 earnings per share for the current year.

Several large investors have recently added to or reduced their stakes in SPWH. California Public Employees Retirement System bought a new position in shares of Sportsman’s Warehouse in the first quarter worth $122,000. Vanguard Group Inc. grew its stake in shares of Sportsman’s Warehouse by 14.4% in the first quarter. Vanguard Group Inc. now owns 1,315,965 shares of the company’s stock worth $6,290,000 after purchasing an additional 165,638 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Sportsman’s Warehouse by 4.5% in the first quarter. Geode Capital Management LLC now owns 240,038 shares of the company’s stock worth $1,147,000 after purchasing an additional 10,300 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Sportsman’s Warehouse by 11.4% in the first quarter. Dimensional Fund Advisors LP now owns 619,942 shares of the company’s stock worth $2,963,000 after purchasing an additional 63,400 shares in the last quarter. Finally, Renaissance Technologies LLC lifted its holdings in shares of Sportsman’s Warehouse by 12.8% in the first quarter. Renaissance Technologies LLC now owns 299,463 shares of the company’s stock valued at $1,431,000 after buying an additional 33,889 shares during the period. 99.86% of the stock is owned by institutional investors.

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Sportsman’s Warehouse 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 (NASDAQ:SPWH)

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