-$0.09 Earnings Per Share Expected for Sportsman’s Warehouse (SPWH) This Quarter

Analysts expect that Sportsman’s Warehouse (NASDAQ:SPWH) will report ($0.08) earnings per share (EPS) for the current fiscal quarter, Zacks reports. Three analysts have made estimates for Sportsman’s Warehouse’s earnings, with the lowest EPS estimate coming in at ($0.11) and the highest estimate coming in at ($0.04). Sportsman’s Warehouse also reported earnings of ($0.08) per share in the same quarter last year. The firm is expected to announce its next quarterly earnings results on Thursday, May 17th.

According to Zacks, analysts expect that Sportsman’s Warehouse will report full year earnings of $0.61 per share for the current fiscal year, with EPS estimates ranging from $0.56 to $0.73. For the next financial year, analysts forecast that the business will report earnings of $0.65 per share, with EPS estimates ranging from $0.62 to $0.69. Zacks’ EPS calculations are a mean average based on a survey of research firms that cover Sportsman’s Warehouse.

Sportsman’s Warehouse (NASDAQ:SPWH) last announced its quarterly earnings results on Wednesday, March 28th. The company reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.07). The business had revenue of $243.17 million for the quarter, compared to analyst estimates of $241.93 million. Sportsman’s Warehouse had a return on equity of 56.40% and a net margin of 2.19%.

A number of equities analysts have weighed in on the company. Zacks Investment Research raised Sportsman’s Warehouse from a “sell” rating to a “hold” rating in a research report on Thursday, March 29th. BidaskClub downgraded Sportsman’s Warehouse from a “buy” rating to a “hold” rating in a research report on Saturday, January 6th. Robert W. Baird reissued a “buy” rating and set a $8.00 price target on shares of Sportsman’s Warehouse in a research report on Wednesday, January 3rd. Finally, ValuEngine downgraded Sportsman’s Warehouse from a “buy” rating to a “hold” rating in a research report on Thursday, February 8th. Six investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $5.50.

Large investors have recently modified their holdings of the company. The Manufacturers Life Insurance Company boosted its holdings in shares of Sportsman’s Warehouse by 41.2% during the second quarter. The Manufacturers Life Insurance Company now owns 31,397 shares of the company’s stock worth $169,000 after acquiring an additional 9,156 shares during the period. Yellowstone Partners LLC bought a new stake in shares of Sportsman’s Warehouse during the third quarter worth approximately $196,000. Engineers Gate Manager LP bought a new stake in shares of Sportsman’s Warehouse during the fourth quarter worth approximately $207,000. Goldman Sachs Group Inc. boosted its holdings in shares of Sportsman’s Warehouse by 199.8% during the fourth quarter. Goldman Sachs Group Inc. now owns 36,209 shares of the company’s stock worth $239,000 after acquiring an additional 24,132 shares during the period. Finally, Ladenburg Thalmann Financial Services Inc. boosted its holdings in shares of Sportsman’s Warehouse by 171.7% during the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 72,000 shares of the company’s stock worth $324,000 after acquiring an additional 45,500 shares during the period. Institutional investors own 97.75% of the company’s stock.

NASDAQ SPWH traded up $0.19 during trading on Friday, reaching $4.99. 745,175 shares of the company’s stock were exchanged, compared to its average volume of 870,089. The company has a market cap of $204.57, a PE ratio of 9.98, a price-to-earnings-growth ratio of 0.82 and a beta of -0.65. The company has a quick ratio of 0.03, a current ratio of 1.80 and a debt-to-equity ratio of 2.66. Sportsman’s Warehouse has a fifty-two week low of $3.40 and a fifty-two week high of $6.99.

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About Sportsman’s Warehouse

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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Earnings History and Estimates for Sportsman`s Warehouse (NASDAQ:SPWH)

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