Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH) shares shot up 5.5% during trading on Thursday . The company traded as high as $4.57 and last traded at $4.40, 334,855 shares changed hands during mid-day trading. An increase of 24% from the average session volume of 269,745 shares. The stock had previously closed at $4.17.
A number of research analysts have recently issued reports on the company. ValuEngine cut Zymeworks from a “buy” rating to a “hold” rating in a research note on Saturday, May 18th. Zacks Investment Research raised Icon from a “hold” rating to a “buy” rating and set a $157.00 price objective on the stock in a research note on Thursday, May 30th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $7.56.
The firm’s 50 day moving average price is $3.85. The company has a market capitalization of $188.34 million, a PE ratio of 7.33, a P/E/G ratio of 0.82 and a beta of 0.28. The company has a debt-to-equity ratio of 2.58, a current ratio of 1.05 and a quick ratio of 0.04.
Sportsman’s Warehouse (NASDAQ:SPWH) last announced its quarterly earnings data on Thursday, May 30th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.10) by ($0.02). Sportsman’s Warehouse had a net margin of 2.86% and a return on equity of 34.24%. The company had revenue of $174.00 million for the quarter, compared to the consensus estimate of $177.48 million. During the same period last year, the business posted ($0.08) earnings per share. The firm’s quarterly revenue was down 3.4% compared to the same quarter last year. Sell-side analysts expect that Sportsman’s Warehouse Holdings Inc will post 0.51 EPS for the current year.
Institutional investors have recently bought and sold shares of the company. BNP Paribas Arbitrage SA boosted its holdings in shares of Sportsman’s Warehouse by 251.1% during the first quarter. BNP Paribas Arbitrage SA now owns 7,742 shares of the company’s stock worth $37,000 after purchasing an additional 5,537 shares during the period. Virtu Financial LLC purchased a new stake in shares of Sportsman’s Warehouse during the first quarter worth about $71,000. O Shaughnessy Asset Management LLC purchased a new stake in shares of Sportsman’s Warehouse during the fourth quarter worth about $72,000. BerganKDV Wealth Management LLC purchased a new stake in shares of Sportsman’s Warehouse during the first quarter worth about $120,000. Finally, Bank of America Corp DE boosted its holdings in shares of Sportsman’s Warehouse by 78.1% during the fourth quarter. Bank of America Corp DE now owns 28,793 shares of the company’s stock worth $127,000 after purchasing an additional 12,622 shares during the period. Institutional investors own 93.39% of the company’s stock.
Sportsman’s Warehouse Company Profile (NASDAQ:SPWH)
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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