B. Riley Boosts Earnings Estimates for Sportsman’s Warehouse

Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) – Stock analysts at B. Riley boosted their FY2026 earnings estimates for shares of Sportsman’s Warehouse in a research note issued on Wednesday, June 4th. B. Riley analyst A. Glaessgen now anticipates that the company will earn ($0.37) per share for the year, up from their prior forecast of ($0.45). B. Riley has a “Buy” rating and a $4.00 price target on the stock. The consensus estimate for Sportsman’s Warehouse’s current full-year earnings is ($0.65) per share. B. Riley also issued estimates for Sportsman’s Warehouse’s FY2027 earnings at ($0.12) EPS.

A number of other analysts have also weighed in on SPWH. Craig Hallum raised shares of Sportsman’s Warehouse from a “hold” rating to a “buy” rating and set a $3.00 price objective on the stock in a research report on Wednesday, April 2nd. Roth Mkm reduced their target price on shares of Sportsman’s Warehouse from $3.50 to $2.50 and set a “buy” rating on the stock in a research report on Wednesday, April 2nd. Finally, Roth Capital reaffirmed a “buy” rating and set a $3.00 target price (up from $2.50) on shares of Sportsman’s Warehouse in a research report on Wednesday, June 4th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, Sportsman’s Warehouse has an average rating of “Moderate Buy” and a consensus target price of $3.00.

Sportsman’s Warehouse Stock Performance

Sportsman’s Warehouse stock opened at $3.44 on Monday. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.20 and a quick ratio of 0.06. Sportsman’s Warehouse has a 1-year low of $0.92 and a 1-year high of $3.89. The firm has a market capitalization of $131.81 million, a P/E ratio of -3.91 and a beta of 0.45. The company’s 50-day moving average is $1.88 and its 200 day moving average is $1.89.

Sportsman’s Warehouse (NASDAQ:SPWH) last posted its quarterly earnings data on Tuesday, June 3rd. The company reported ($0.41) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.48) by $0.07. Sportsman’s Warehouse had a negative net margin of 2.69% and a negative return on equity of 11.72%. The company had revenue of $249.10 million for the quarter, compared to analyst estimates of $238.25 million. During the same period in the prior year, the company posted ($0.47) EPS.

Hedge Funds Weigh In On Sportsman’s Warehouse

Several institutional investors have recently bought and sold shares of SPWH. Empowered Funds LLC increased its holdings in Sportsman’s Warehouse by 5.2% during the fourth quarter. Empowered Funds LLC now owns 126,683 shares of the company’s stock valued at $338,000 after buying an additional 6,225 shares during the period. Skylands Capital LLC increased its holdings in Sportsman’s Warehouse by 39.8% during the fourth quarter. Skylands Capital LLC now owns 267,450 shares of the company’s stock valued at $714,000 after buying an additional 76,100 shares during the period. Raymond James Financial Inc. purchased a new position in Sportsman’s Warehouse during the fourth quarter valued at approximately $806,000. Connor Clark & Lunn Investment Management Ltd. increased its holdings in Sportsman’s Warehouse by 302.1% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 248,541 shares of the company’s stock valued at $664,000 after buying an additional 186,723 shares during the period. Finally, American Century Companies Inc. increased its holdings in Sportsman’s Warehouse by 88.7% during the fourth quarter. American Century Companies Inc. now owns 270,130 shares of the company’s stock valued at $721,000 after buying an additional 126,995 shares during the period. 83.04% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Sportsman’s Warehouse

In other Sportsman’s Warehouse news, Director Richard D. Mcbee acquired 75,000 shares of the business’s stock in a transaction that occurred on Thursday, June 5th. The shares were bought at an average cost of $2.68 per share, with a total value of $201,000.00. Following the completion of the acquisition, the director now directly owns 339,886 shares in the company, valued at $910,894.48. This represents a 28.31% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 2.70% of the company’s stock.

About Sportsman’s Warehouse

Sportsman’s Warehouse Holdings, Inc engages in the retail of sporting and athletic goods. Its products include hunting and shooting, archery, fishing, camping, boating accessories, optics and electronics, knives and tools, and footwear. The company was founded in 1986 and is headquartered in West Jordan, UT.