BidaskClub downgraded shares of Sportsman's Warehouse (NASDAQ:SPWH) from a buy rating to a hold rating in a research report released on Saturday.

A number of other analysts have also commented on SPWH. Ifs Securities reaffirmed a market perform rating and set a $5.00 target price on shares of Sportsman's Warehouse in a report on Friday, September 15th. Robert W. Baird reaffirmed a buy rating and set a $7.00 target price on shares of Sportsman's Warehouse in a report on Thursday, September 21st. Piper Jaffray Companies reaffirmed a hold rating and set a $6.00 target price on shares of Sportsman's Warehouse in a report on Sunday, October 1st. DA Davidson set a $8.00 target price on shares of Sportsman's Warehouse and gave the stock a buy rating in a report on Monday, October 16th. Finally, Forward View set a $4.00 target price on shares of Sportsman's Warehouse and gave the stock a hold rating in a report on Saturday, November 18th. Five investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company has an average rating of Buy and a consensus target price of $6.69.

Sportsman's Warehouse (SPWH) opened at $5.71 on Friday. The company has a quick ratio of 0.03, a current ratio of 1.54 and a debt-to-equity ratio of 3.09. Sportsman's Warehouse has a 1 year low of $3.40 and a 1 year high of $9.20. The firm has a market cap of $243.13, a P/E ratio of 10.77, a P/E/G ratio of 1.02 and a beta of -0.65.

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

In other Sportsman's Warehouse news, CFO Kevan P. Talbot bought 13,000 shares of the stock in a transaction on Monday, December 18th. The stock was purchased at an average price of $5.78 per share, with a total value of $75,140.00. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 4.15% of the stock is currently owned by insiders.

Several hedge funds have recently made changes to their positions in SPWH. Towle & Co. acquired a new position in shares of Sportsman's Warehouse in the 3rd quarter valued at $11,184,000. Boston Private Wealth LLC grew its holdings in shares of Sportsman's Warehouse by 69.0% in the 3rd quarter. Boston Private Wealth LLC now owns 2,112,000 shares of the company’s stock valued at $9,525,000 after buying an additional 862,000 shares during the period. Uniplan Investment Counsel Inc. acquired a new position in shares of Sportsman's Warehouse in the 3rd quarter valued at $3,085,000. Weber Alan W grew its holdings in shares of Sportsman's Warehouse by 107.8% in the 3rd quarter. Weber Alan W now owns 685,900 shares of the company’s stock valued at $3,093,000 after buying an additional 355,900 shares during the period. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Sportsman's Warehouse by 55.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 965,506 shares of the company’s stock valued at $5,214,000 after buying an additional 345,564 shares during the period.

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About Sportsman's Warehouse

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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