560,938 Shares in Sportsman’s Warehouse Holdings, Inc. $SPWH Purchased by Prescott Group Capital Management L.L.C.

Prescott Group Capital Management L.L.C. acquired a new position in shares of Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) in the 4th quarter, HoldingsChannel reports. The firm acquired 560,938 shares of the company’s stock, valued at approximately $819,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. GABELLI & Co INVESTMENT ADVISERS INC. increased its position in Sportsman’s Warehouse by 1.5% during the fourth quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 635,830 shares of the company’s stock worth $928,000 after purchasing an additional 9,450 shares during the last quarter. Gamco Investors INC. ET AL increased its position in Sportsman’s Warehouse by 28.5% during the fourth quarter. Gamco Investors INC. ET AL now owns 701,500 shares of the company’s stock worth $1,024,000 after purchasing an additional 155,500 shares during the last quarter. Gabelli Funds LLC increased its position in Sportsman’s Warehouse by 15.3% during the fourth quarter. Gabelli Funds LLC now owns 1,180,651 shares of the company’s stock worth $1,724,000 after purchasing an additional 156,978 shares during the last quarter. Greenwood Gearhart Inc. increased its position in Sportsman’s Warehouse by 47.9% during the fourth quarter. Greenwood Gearhart Inc. now owns 82,682 shares of the company’s stock worth $121,000 after purchasing an additional 26,785 shares during the last quarter. Finally, SBI Securities Co. Ltd. increased its position in Sportsman’s Warehouse by 158,500.0% during the fourth quarter. SBI Securities Co. Ltd. now owns 31,720 shares of the company’s stock worth $46,000 after purchasing an additional 31,700 shares during the last quarter. 83.04% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded shares of Sportsman’s Warehouse from a “strong sell” rating to a “sell” rating in a research report on Monday, April 20th. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Sportsman’s Warehouse has a consensus rating of “Hold” and an average target price of $2.94.

Sportsman’s Warehouse Price Performance

Shares of SPWH opened at $1.26 on Thursday. Sportsman’s Warehouse Holdings, Inc. has a 1-year low of $1.08 and a 1-year high of $4.33. The stock has a market cap of $49.08 million, a PE ratio of -0.97 and a beta of 0.43. The firm has a 50-day simple moving average of $1.40 and a two-hundred day simple moving average of $1.52. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.36 and a quick ratio of 0.10.

Sportsman’s Warehouse (NASDAQ:SPWH) last announced its quarterly earnings results on Tuesday, March 31st. The company reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.01). Sportsman’s Warehouse had a negative net margin of 4.14% and a negative return on equity of 10.30%. The company had revenue of $334.86 million for the quarter, compared to analyst estimates of $334.89 million. As a group, analysts forecast that Sportsman’s Warehouse Holdings, Inc. will post -0.49 EPS for the current year.

Sportsman’s Warehouse Profile

Sportsman’s Warehouse, Inc (NASDAQ: SPWH) operates as a specialty retailer of hunting, shooting, fishing, camping and related outdoor sports equipment in the United States. The company’s brick-and-mortar footprint comprises over 100 retail locations across more than 20 states, complemented by an e-commerce platform that serves anglers and outdoorsmen nationwide. By focusing on core outdoor activities, Sportsman’s Warehouse delivers a comprehensive shopping experience for enthusiasts of all skill levels.

The retailer’s product assortment includes firearms and ammunition, archery gear, fishing tackle and boats, camping supplies, outdoor apparel and footwear, water sports equipment and pet supplies.