Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) have earned a consensus rating of “Moderate Buy” from the five analysts that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $2.5833.

SPWH has been the subject of a number of analyst reports. Wall Street Zen upgraded shares of Sportsman’s Warehouse from a “sell” rating to a “hold” rating in a report on Saturday, June 6th. Zacks Research raised Sportsman’s Warehouse from a “hold” rating to a “strong-buy” rating in a report on Wednesday. Finally, Weiss Ratings upgraded Sportsman’s Warehouse from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday.

Sportsman’s Warehouse Stock Down 4.7%

Sportsman’s Warehouse stock opened at $1.23 on Friday. The company has a market capitalization of $47.99 million, a PE ratio of -0.95 and a beta of 0.41. Sportsman’s Warehouse has a 12-month low of $1.08 and a 12-month high of $3.87. The firm’s fifty day moving average is $1.31 and its 200 day moving average is $1.36. The company has a quick ratio of 0.07, a current ratio of 1.18 and a debt-to-equity ratio of 0.27.

Sportsman’s Warehouse (NASDAQ:SPWH) last announced its quarterly earnings data on Tuesday, June 2nd. The company reported ($0.39) EPS for the quarter, beating analysts’ consensus estimates of ($0.58) by $0.19. Sportsman’s Warehouse had a negative return on equity of 10.68% and a negative net margin of 4.17%.The firm had revenue of $256.08 million during the quarter, compared to analysts’ expectations of $252.30 million. During the same quarter last year, the firm posted ($0.56) earnings per share. As a group, sell-side analysts predict that Sportsman’s Warehouse will post -0.34 EPS for the current fiscal year.

Institutional Trading of Sportsman’s Warehouse

A number of institutional investors and hedge funds have recently modified their holdings of SPWH. GABELLI & Co INVESTMENT ADVISERS INC. lifted its holdings 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 acquiring an additional 9,450 shares during the period. Teton Advisors LLC grew its stake in Sportsman’s Warehouse by 14.3% in the 1st quarter. Teton Advisors LLC now owns 80,000 shares of the company’s stock valued at $113,000 after purchasing an additional 10,000 shares during the period. Empowered Funds LLC increased its position in shares of Sportsman’s Warehouse by 5.6% during the 1st quarter. Empowered Funds LLC now owns 203,195 shares of the company’s stock valued at $287,000 after purchasing an additional 10,837 shares during the last quarter. Gamco Investors INC. ET AL raised its stake in shares of Sportsman’s Warehouse by 1.6% during the 1st quarter. Gamco Investors INC. ET AL now owns 712,500 shares of the company’s stock worth $1,005,000 after purchasing an additional 11,000 shares during the period. Finally, Prudential Financial Inc. bought a new stake in shares of Sportsman’s Warehouse during the 2nd quarter worth $56,000. 83.04% of the stock is owned by hedge funds and other institutional investors.

About Sportsman’s Warehouse

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.